Financial Management:
The financial management operates according to the regulations and laws adhered to in the accounting system and state institutions, relying on accounting policies based on the accrual principle for revenue collection and payment settlement. The financial year starts and ends on December 31 of each year
The Financial Administration of El Sheikh Abdallah El-Badri University is the body responsible for managing the university’s financial resources and ensuring their effective use to support its academic and administrative goals. This administration undertakes a range of vital tasks, including:
1- Budget preparation:
- Developing annual financial plans in coordination with various departments.
- Expected revenue sources (such as tuition fees, grants, and government support) and expenses (such as salaries, maintenance, and development projects)
2- Revenues and Expenditure Management:
- Collection of tuition fees and other contributions
- Disbursement of salaries and financial allowances to employees.
- Monitor spending to ensure adherence to budget.
3- Financial reports:
- Preparing periodic financial reports to present the financial status of the university.
- Submit reports to regulatory authorities or the university board of directors to ensure transparency.
4- Investment Project Management:
- Managing investments and projects that bring financial benefit to the university.
- Study the financial feasibility of any new project before implementing it.
5- Coordination with external parties:
- Working with banks and other financial institutions to organize financial transactions.
Finance Manager:
The Finance Manager at El Sheikh Abdallah El-Badri University plays a key role in overseeing financial management and ensuring the effective use of financial resources to support the academic and administrative objectives of the university. His role is to lead and direct financial operations and achieve transparency and compliance in all activities of a financial nature.
Duties of the Finance Manager
- Senior financial officer.
- Establishes financial policies and supervises their implementation.
- Provides financial reports to the University Board of Directors or senior administration
Chief Accountant
The Chief Accountant in the Finance Department of Sheikh Abdullah Al-Badri University plays a critical role in ensuring that the university’s financial resources are managed efficiently and transparently. In the context of the university
The Chief Accountant- Asha Hassan
Financial Management Departments: – Payments and Settlements Department
It is one of the vital departments in the university’s financial administration. This department focuses on managing payments and ensuring that accounts are settled accurately and transparently.
Main tasks of the Payments and Settlements Department:
1-Payments processing
- Execute payments in accordance with approved contracts and agreements.
- Preparing and issuing payment orders.
- Manage all forms of payment (cash, electronic, checks)
Settlement Management:
- Review and amend financial records to ensure they match reality.
- Settlement of bank accounts.
- Settlement of suppliers and service providers’ entitlements.
Payroll Department
At El Sheikh Abdallah El-Badri University, it is the department responsible for managing and disbursing salaries and financial dues for all university employees, including faculty members, administrative staff, and workers. This department plays a vital role in ensuring financial compliance and accurate salary disbursement.
- Accounting and Reporting Software Department:
The Accounting and Reporting Programs Department at El Sheikh Abdallah El-Badri University is a technical and administrative department that focuses on implementing and developing accounting systems and preparing the financial and administrative reports necessary to support decision-making at the university. This department plays an important role in improving the efficiency of financial operations and ensuring transparency in data presentation.