Budget and Financial Planning Unit

  • Vision: To be the distinguished unit in financial planning and the university budget, which contributes to achieving financial sustainability and raising the efficiency of academic and administrative performance through the efficient and transparent management of financial resources.
  • Mission: Assisting the university in determining spending priorities, developing sustainable financial strategies, and ensuring the optimal use of financial resources through the application of professional and transparent practices in budget preparation and resource distribution.
  • Objectives: Achieving financial balance and planning financial resources in the short and long term to support the university’s academic and administrative activities, which contributes to developing a distinguished educational and research environment.
  • Tasks:
    • Preparing the Annual Budget:
      • Working on preparing the university’s annual budget based on the needs of departments, academic, and administrative programs.
      • Providing financial forecasts for the coming years to ensure a balance between revenues and expenditures.
    • Financial Performance Analysis:
      • Periodically analyzing financial data to follow up on budget implementation.
      • Providing financial reports to senior management showing the university’s financial position.
    • Financial Resource Planning:
      • Developing strategic financial plans that ensure the university’s financial sustainability in the long term.
      • Working with different units to identify future financial needs and ensure resource availability.
    • Distribution of Financial Resources:
      • Distributing financial resources to various departments and programs according to priorities and management directives.
    • Overseeing Financial Compliance:
      • Ensuring that expenses are consistent with the approved budget and that funds are used optimally.
    • Consultation and Guidance:
      • Providing financial consultations to different units in the university to guide their optimal use of financial resources.
    • Financial Compliance:
      • Ensuring compliance with local and international financial laws and regulations governing the work of universities and educational institutions.
    • Training and Development:
      • Providing training for employees concerned with financial matters in the university to ensure their good understanding of financial operations and budgets.