Financial Affairs Section: it is competent to undertake the following:
1. Prepare an annual working plan for the Section, follow up its implementation and submit reports on achievements made.
2. Prepare the draft annual budget and discuss it with the competent entities at the branch and the University’s Presidency.
3. Estimate the cost of projects, programs, study plans and annual commitments as well as submit proposals on how to fund the same.
4. Make transfers (redeployments) among budget items within the limits of law as well as carry out continuous budget review of the University’s branch.
5. Keep the records of expenses, purchases, service performance requests and travel tickets.
6. Review the invoices of companies, institutions and individuals with whom the University deals.
7. Pay the furniture advance, rental value of residences for non-Omani employees and the advances given to new employees.
8. Pay the value of travel tickets for the employees and faculty members or a cash compensation for them as well as make necessary reservations.
9. Prepare the statements of employee salaries’ payment as well as pay the cash compensation for their annual regular leaves.
10. Pay the end-of-service benefit and all financial dues for the employees whose services are terminated as well as deduct any amounts due for the University.
11. Verify the payment of permanent advances according to the applicable financial regulations as well as follow up and settle the advances of sections and centres.
12. Collect revenues gradually in accordance with the Financial Law, its Executive Regulations and regulating circulars as well as deliver such revenues to the Ministry of Finance.
13. Provide various needs and take the measures necessary for obtaining the best offers and rates.
14. Issue and deliver purchase orders as well as assignment orders to the companies concerned with supply as well as issue and review the delivery vouchers of supplied items.
15. Participate in the committees concerned with the annual inventory and sale of used movable property according to the applicable regulations.
16. Pay and follow up students’ allocations as well as issue salary transfer certificates for the employees.
17. Participate in preparing the final account of the University’s budget.
18. Any other duties that fall within its area of competences.
Financial Affairs Section