موقع حكومي رسمي تابع لحكومة المملكة العربية السعودية

Finance Department

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Key Responsibilities •

1

Planning:

Prepare the annual and five-year plans for the activities of the Financial Affairs Department and follow up on their implementation once approved​


2

Organization of Accounting Operations


  •  Prepare the required financial statements and reports, such as monthly accounts and the final account, as required by the relevant government authorities.
  • ​Carry out collection and disbursement procedures to fulfill the University's financial obligations.
  • Complete the procedures for opening documentary credit accounts when required.​

3

Management of Financial Operations


  •  Carry out all financial and accounting transactions related to commitments, payments of dues, settlement of advances, and maintenance of records and registers in accordance with the applicable instructions, regulations, and forms prescribed by the relevant government authorities.
  •  Ensure the availability of sufficient cash in the University's current accounts within the appropriations allocated to each budget item.​


4

Follow-up and Documentation

  •  Receive all notifications from the departments, prepare the relevant forms, and record them after completing the necessary adjustments in response to related inquiries and comments.
  • Record appropriations in the relevant commitment registers according to their type, and first record the amounts approved by the competent authorities as valid commitments before issuing the financial commitment authorization.​



5

Responding to Inquiries

  •  Provide responses to inquiries from the General Court of Audit and other relevant government agencies concerning financial and accounting transactions.​

6

Implementation

  •  Carry out the procedures for implementing the University's budget in accordance with the applicable regulations and instructions.
  • Implement financial regulations and bylaws, monitor movements in budget items, ensure the soundness of financial expenditures, and ensure that budget appropriations are not exceeded.​

7

Identifying Requirements

  •  Identify the Financial Affairs Department's requirements for workforce, equipment, and materials, and follow up on their provision.
  •  Identify the training needs of the Department's employees and nominate them for programs that meet those needs.​



8

Report Preparation

  •  Prepare periodic reports on the Department's activities and achievements, develop proposals for their improvement, and submit them to the Vice Rector for Support Services.
  •  Prepare observations on appropriate financial systems and accounting methods, discuss them with the relevant authorities, and compile, record, classify, and analyze financial data and information.
  •  Prepare statements and attach copies of payment authorizations for public-sector dues, liaise with ministries and other government entities regarding such payments and other matters related to their current accounts.​