Financial Services

Directorate of Financial Services

The Directorate of Financial Services is responsible for the economic management of all university activities and makes recommendations for adopting economic development programmes. It investigates the possibilities for financing these activities through the university budget and the budget of public investment as well as the financing possibilities arising from other sources such as endowments, revenues from research collaborations, European Union funds etc. It monitors and analyses the expenses of the University and recommends ways of distributing anticipated revenues in order to cover expenses. It handles matters of procurements, manages the personal and real property of the university and schedules disbursements within the framework of availabilities. It performs pre-audit and post-audit controls to ensure the interests of the university and is responsible for making staff payments. The Directorate includes the following departments:

a. Accounting & Treasury

b. Procurement

c. Management of Assets

d. Payroll