Financial Affairs Division

Overview

The Financial Affairs Division keeps the university's accounts and manages its revenue and expenditure according to the approved accounting system and the financial regulations in force. It ensures accurate entries and sound supporting documents, so that the accounts are ready for audit at any time.

Responsibilities

Collecting tuition fees from students and keeping the related receipts and records.
Preparing and paying staff salaries and entitlements.
Preparing payment and receipt vouchers and recording accounting entries.
Keeping the accounting ledgers and records and carrying out bank reconciliations.
Preparing the final accounts and periodic financial reports.
Following up and settling advances, deposits and receivables.