🔹 Vision
To be a distinguished unit in university budget and financial planning that contributes to financial sustainability and enhances academic and administrative performance through efficient and transparent financial resource management.
🔹 Mission
To assist the university in setting spending priorities, developing sustainable financial strategies, and ensuring optimal utilization of financial resources through the implementation of professional and transparent budgeting and resource allocation practices.
🔹 Objectives
To achieve financial balance and plan short- and long-term financial resources to support the university’s academic and administrative activities, thereby contributing to the development of an outstanding educational and research environment.
🔹 Tasks
• Annual Budget Preparation:
- Develop the university’s annual budget based on the needs of academic and administrative departments.
- Provide financial forecasts for upcoming years to ensure a balance between revenues and expenditures.
• Financial Performance Analysis:
- Periodically analyze financial data to monitor budget implementation.
- Present financial reports to senior management to clarify the university’s financial position.
• Financial Resource Planning:
- Establish strategic financial plans to ensure long-term financial sustainability.
- Collaborate with different units to identify future financial needs and ensure resource availability.
• Resource Allocation:
- Allocate financial resources to various departments and programs based on priorities and administrative directives.
• Financial Compliance Oversight:
- Ensure that expenditures align with the approved budget and that funds are utilized optimally.
• Consultation and Guidance:
- Provide financial consultations to various university units to guide the optimal use of financial resources.
• Regulatory Compliance:
- Ensure compliance with local and international financial laws and regulations governing universities and educational institutions.
• Training and Development:
- Offer training for staff involved in financial matters to ensure they have a solid understanding of financial operations and budgeting processes.