Finance Directorate

The Finance Directorate is responsible for preparing the University’s annual budget estimates, maintaining its financial records, producing periodic budgetary control reports and preparing annual statutory financial accounts.

The Director of Finance serves as the University’s Chief Accounting Officer and is responsible for maintaining records of donor-funded projects, students’ financial records and fixed assets, managing stores, and producing reports on these activities. The Directorate also supports the University’s academic mandate by providing financial reports and financial sustainability reports for the accreditation of academic programmes.

The Director of Finance is responsible to the Vice-Chancellor for the financial administration of the University in accordance with relevant national laws. These include 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); and the Public Procurement (Amendment) Act, 2016 (Act 914), together with subsequent enactments and amendments and applicable national rules and regulatory instructions.

Organisational Structure

The Directorate is organised into two divisions comprising four departments. It also has a Directorate Secretariat and five self-accounting units with accounting staff.

1. Management Accounting Division

   • Budget Department
   • Payroll Department

2. Financial Accounting Division

   • Treasury Department
   • Financial Reporting Department

Finance Directorate Secretariat

The Secretariat comprises the Director of Finance and the administrative staff.

Self-Accounting Units

The following self-accounting units have accounting staff:

• Hall 1
• Hall 2
• Cafeteria
• University Clinic
• UENR Basic School