Finance Department

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Finance

The Establishment

It was established in 1990 concurrently with the University.

Mission

Efficient management of University financial resources.

Objectives

Contribute to the expansion of financial resources and maintain their durability.
Contribute to financial risk management.
Meet future financial requirements of the University by planning budgets according to available sources of income.
Adjust current and capital expenditure.
Provide accounting data according to international accounting standard.
Submit final University accounts to relevant authorities.

Divisions

Accounting Division :

1- General Accounting Section:

This section is responsible for the documentation of all journal vouchers as well as classifying and positing them. In addition, it handles the preparation of monthly reports for all the financial accounts of the university. It also prepares budgets and final statements at the end of every fiscal year by using modern computers and programs that facilitate its tasks.

2- Student Accounting Section:

It is responsible for collecting tuition fees and registering them under the account of each student by using modern computers. It is also responsible for preparing lists of students who have not paid tuition fees and sending them notices asking them to do so. In addition, it confirms discount rates offered to students.

3- Teller

Payroll & Social Security Division :

1- Payroll Section:

The section is responsible for preparing the monthly payroll sheets for the administrative and academic staff in the University.

2- Social Security & Tax income Section :

The section handles issues related to social security, income tax and health insurance of the employees.