The financial department carries out its responsibilities in the university to implement financial processes in accordance with the regulations, circulars and decisions regarding the payment of the salaries and dues of the university's employees, the wages item and contractors' salaries. Moreover, preparing the final report at the end of the financial year. It also manages the transactions and the speedy delivery of dues to the beneficiaries by using the latest technologies to implement financial processes with competencies and expertise that are trained scientifically and practically. This would lead to excellency and proficiency in achieving the desire and instructions of high management.

The Organizational Affiliation: affiliated with the general administration of administrative and financial affairs.

Vision:  It aims to provide all financial and accounting services at the university in accordance with the rules, regulations, and instructions related to this.

• Implementation of approved plans and programs.

• Application of rules, regulations and instructions related to financial affairs.

• Implementation of all financial work, accounting of commitments, disbursement and receivables, payment of advances, bookkeeping, and accounting records according to applicable regulations and instructions.

• Auditing all expenses, including salary data, contractors' entitlements, and direct purchase invoices according to the applicable financial instructions.

• Managing all exchange orders in the platform, coordinating with the financial controller, and managing the budget to apply the terms.

• Managing exchange procedures and inserting them in the Ministry of Finance's exchange platform.

• Transferring the sums approved by the Ministry of Finance and the Financial Controller to the beneficiary's accounts.

• Preparing the necessary financial accounts and reports (such as the monthly and final accounts) required by the competent government entities.

• Maintaining accounts for self-resources according to the instructions regulating them.

• Providing financial liquidity for the university's current accounts to the extent specified in budget regulations, carrying out the periodic inventory of the current accounts, and preparing the relevant records.

• Carrying out the daily entries of the amounts on behave of the concerned authorities.

• Performing financial settlement procedures and preparing financial statements according to accounting principles and rules.

• Responding to the inquiries of the Supervisory Coordination Unit regarding the observations of the General Auditing Bureau and the relevant government agencies regarding financial and accounting transactions.

• Preparing notes about financial systems and appropriate accounting methods and discussing them with the concerned authorities.

• Opening accounts of documentary credits when needed.

• Determining the department's needs regarding human resources, equipment, and materials and following up on providing them.

• Specifying the training requirements for department staff to nominate them for suitable training courses.

• Preparing periodic reports on the department's activities, achievements and suggestions for performance development.

• Any other tasks assigned to it within the limits of competence.

Director of the Financial Affairs Department:  Hisham bin Muhammad Al-Ali