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Finance Affair Department

The department consists of: Division of ordinary budget, division of higher education fund, division of higher education investment plan, division of central storage.

Ordinary budget Unit


The unit consist of the manager of the unit who has a rank of accounting administrator or assistant of accounting administrator. His responsibilities are reviewing the received files from the presidency of the university and colleges. The files are concerned with purchases, advance funding, insurances, salaries, salaries deductions, dispatches outside the country, dispatches inside the country, and other files before sending them to auditing. The unit also responsible about the provision of money ( before purchasing) and following up the budget. Dealing with the fiscal deficit by taking from the items of the budget with surplus and adding to the items with financial deficit. The unit also responsible about the preparation of the speculative budget to the presidency of the university , unite the budget of colleges, and send the budget yearly to the ministry of higher education. The unit also responsible about writing checks for the audited and completed files, following up the charts sent periodically to the finance and higher education ministries, following up funding from the ministry of finance, the availability of cash with bank of the university especially during the time of payment. The unit of ordinary budget has the following divisions:

  • Exchange unit
  • Records unit
  • Salaries unit
  • Archive unit

Higher Education Fund Unit


The unit aims at enlarging the incomes to treat the financial deficits, activate the role of the employees working in the educational fields by giving them a yearly financial incentives. The unit also register, tabulate, and analyze the ingoing procedures of incomes and out comes, control the budget, prepare the final budget each year for knowing the status of the finance of the university. The unit does a lot of financial administrations like administrating the status of higher education fund . The fund of higher education has an accountant receive the money and register the details

The tasks of the unit involve asking the colleges to pay their shares of the incomes of evening studies, following up the shops to pay the money, and provide the concerned parties with the information. Cooperating with computer center , a unit in the presidency of the university, to provide them with needed equipment and the money required for them. Cooperating with TOEFL center by giving them receipts to the participants, and the examinees. In addition to facilitating the financial transaction of the bank and following up the exchange as fast s possible.

Achievements
 
  • Organizing and documenting 149 received receipts
  • Giving 3675 income receipts
  • Organizing 162 financial bonds
  • Evaluating the services provided for the colleges and finish the final accounts
  • 10 sessions in computer competence
  • 243 participants in the sessions of computer competence
  • 3807 ic3 exams

Investment Plan Unit


The unit aims at enlarging the incomes to solve financial deficits, activate the role of the employees working in the educational fields by giving them a yearly financial incentives. The unit also register, tabulate, and analyze the ingoing procedures of incomes and out comes, control the budget, prepare the final budget each year for knowing the status of the finance of the university. The unit does a lot of financial administrations like administrating the status of higher education fund . The fund of higher education has an accountant receive the money and register the details

The division also responsible about payment records in which the documents exchange are fixed according to their date. Incomes and outcomes records, using records, daily payment records in which banking commissions, settlement, and advanced payments are fixed in it. The latter record is also has the receipts and checks.

Achievements
  • Finishing the accounts of January 2011, tables have been issued , documented in the record and sent to the ministry. .
  • The final account of 2011 has been accomplished and the tables sent to the ministry of higher education and the ministry of finance .
  • All the data of January have been audited, written, and gathered in the main record
  • All the data has been sent to the supervisory board of the university .
  • Supervisory board has been provided with the data they asked in a form of a table .
  • Opened new records indexed and prepared properly and configured for the year 20120.