The Finance Directorate is responsible for preparing the University’s annual budget estimates, keeping all financial records of the University, production of periodic budgetary control reports, and preparation of annual statutory financial accounts. The Director who serves as the Chief Accounting Officer of the University is also responsible for the keeping of records of donor-funded projects, students‟ financial records, fixed asset records, and management of stores, and the production of reports on these. The Directorate also provides services to support the academic mandate of the University such as the provision of financial reports and financial sustainability reports for accreditation of academic programmes. The Director of Finance is responsible to the Vice-Chancellor for the financial administration of the University per the relevant provisions of national laws including the Public Financial Management Act, 2016 (Act 921), the Internal Audit Agency Act, 2003 (Act 658), the Audit Service Act, 2000 (Act 584), the Public Procurement Act, 2003 (Act 663), the Public Procurement (Amendment) Act, 2016 (Act 914) and further enactments and amendments thereto as well as national rules, instructions and other regulatory instructions issued to clarify these enactments.
The Directorate fulfills its responsibilities through the Treasury & Hostel Financial Management Section, Payroll & Management Accounting Section, and the Financial Accounting Section.
© 2023 | All rights reserved