Finance Division
Budget Management, Accounting Discipline, and Comprehensive Financial Entitlements
Mr. Head of Finance Division
Head of Finance DivisionThe Finance Division is the vital lifeline for implementing financial and accounting policies in the College of Physical Education and Sports Sciences. It is responsible for preparing investment and operational budgets, organizing and disbursing salaries and financial dues for employees and faculty members, and managing self-generated resources, while applying internal control and audit standards to ensure the soundness of financial transactions in accordance with applicable government laws and regulations.
👁️ Vision
Achieving the highest levels of transparency, accounting discipline, and digital financial governance, while providing flexible and sustainable financial management that supports the college's academic and research aspirations and safeguards public funds.
🚀 Mission
Providing accurate and prompt accounting and financial services to all personnel and students, managing budgets and Higher Education funds with high efficiency, and ensuring the collection and disbursement of dues with complete flexibility and transparency.
🎯 Objectives of the Finance Division:
- Preparing annual operational budget estimates and final accounts with high precision.
- Ensuring regular and timely payment of salaries and dues for staff, faculty members, and contract employees.
- Enhancing governance systems and transitioning toward electronic payments and digital banking accounts.
- Applying financial control and audit tools to guarantee the accuracy and validity of accounting vouchers and documents.
- Maximizing and investing the resources of the Higher Education Fund to develop the college's infrastructure and educational environment.
📋 Main Responsibilities and Duties of the Division:
- Preparing trial balances, bank reconciliations, and periodic matching with banks and the University Presidency.
- Organizing and issuing accounting vouchers (disbursement, receipt, and adjustment) and documenting them officially.
- Managing and disbursing entitlements for overtime hours, postgraduate studies, committees, and scientific defense sessions.
- Directly supervising the inventory of assets and warehouses and issuing financial clearances.
Payroll Unit
Calculation and Disbursement of Wages and Service AllowancesSpecializes in preparing and organizing monthly payroll lists and registers for all employees, faculty members, and contract staff. It calculates deductions, promotions, and allowances, manages electronic payment cards (Mastercard), and audits direct salary and entitlement transfers in coordination with accredited banks.
Warehouse Unit
Warehouse Control and Asset ManagementHandles receiving, inspecting, and registering all equipment, furniture, and sports and office supplies delivered to the college. It documents them in official inventory registers, supervises warehouse issuance to departments and divisions, and conducts annual inventories and clearances.
Higher Education Fund Unit
Management of Revenue Resources and Tuition DuesManages and organizes direct revenue resources for the Higher Education Fund, receives tuition fees for evening studies, parallel education, and consulting bureaus, and reinvests these resources to develop the educational environment, laboratories, sports grounds, and support academic and research activities.
Current Account Unit
Bank Reconciliations, Check Issuance, and Payment VouchersResponsible for managing and auditing the college's current bank accounts, issuing official checks and payment orders, preparing and auditing daily journal entries and vouchers, monitoring monthly reconciliations against bank statements with government banks and the University Presidency, and controlling cash flow.
