Department of Financial Affairs

Division Tasks

The Financial Affairs Division is responsible for organizing and monitoring all financial operations within the college, ensuring that financial regulations are applied accurately and transparently. Its tasks include:

• Budget Preparation and Implementation:
  • Assisting in the preparation of the college's annual budget project.
  • Monitoring expenditures and ensuring compliance with approved financial items.
• Financial Disbursement:
  • Executing disbursement orders and purchases in accordance with systemic procedures.
  • Disbursing bonuses, entitlements, and various operational expenses.
• Salary List Preparation and Submission:
  • Preparing accurate monthly salary statements and reviewing them before submission.
  • Submitting the lists to the university administration on time to ensure salaries are paid without delay.
• Advances and Custody Follow-up:
  • Organizing the disbursement of advances and following up on their settlement.
  • Managing personal custody and office supplies.
• Preparation of Accounting Entries and Records:
  • Documenting daily transactions and financial entries.
  • Archiving original documents: invoices, bonds, and disbursement orders.
• Financial Oversight and Reports:
  • Monitoring compliance with financial regulations.
  • Preparing periodic financial reports and submitting them to senior management.
• Internal and External Coordination:
  • Supporting the work of committees related to contracts or financial tenders.

Sub-Units

• Salaries Unit
• Budget Unit
• Retirement Unit
• Records Unit