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About the Administration

The Financial Department is one of the departments affiliated with the General Department of Administrative and Financial Affairs and is responsible for completing all financial procedures related to disbursement from the university's annual budget appropriations.

Organizational Affiliation:
It is affiliated with the General Department of Administrative and Financial Affairs.

General objective:
Providing all financial and accounting services to the university in accordance with the regulations and bylaws issued in this regard.

صوره
Dr. Hisham Al-Ali
Director of Financial Affairs Department

Vision

The financial department is affiliated with the general administration of administrative and financial affairs. It aims to provide all financial and accounting services at the university in accordance with the rules, regulations, and instructions.

Mission 

Providing financial services to the university, its members and those dealing with it, and providing accurate and effective financial information and data to the various units and departments in the university, so that they can carry out their work in the best possible way.

 

Objectives

 

  • Protecting the collection and disbursement of public funds by adhering to financial rules, regulations, and instructions
  • Ensuring the integrity of the accounting processes and financial procedures.
  • Ensure the accuracy and completeness of the financial statements.
  • Establishing clear procedures to complete the financial processes.
  • Using modern tools and suitable financial programs.
  • Raising production efficiencies.
  • Identifying deficiencies and suggesting procedures to improve and enhance
  • Disbursement from the approved budget in accordance with the rules, regulations, circulars, and decisions.
  • Record all the expenses in the accounting books using the financial instructions of the budget and what has been approved for the university’s annual budget.
  • Collecting and depositing university revenues by governmental instructions and recording them in records and invoices.
  • Paying the financial dues to the beneficiaries (university employees, students, institutions, companies) through checks or direct transactions to their accounts.
  • Preparing monthly, quarterly, and annual reports.
  • Preparing the university’s final account.
  • Submitting monthly reports and the final account to the supervisory and related authorities (Ministry of Finance - Audit Bureau).
  • Follow up on the payment of the covenant during the year.
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