Finance

Message: The Finance department is responsible for the financial stewardship of Al-Fayha College, ensuring transparency, accountability, and strategic resource allocation to support the institution’s goals.

Responsibilities:

• Budget Management: Prepare the annual budget in collaboration with other departments, monitoring expenditures and ensuring alignment with strategic priorities throughout the fiscal year.
• Financial Reporting: Generate financial statements and reports for internal and external stakeholders, ensuring accuracy and compliance with accounting standards.
• Accounts Management: Oversee accounts payable and receivable, ensuring timely processing of invoices and payments, and managing student tuition and fees collections.
• Financial Planning: Conduct financial analysis and forecasting to support long-term planning and decision-making. Identify areas for cost savings and revenue generation.
• Regulatory Compliance: Ensure compliance with financial regulations and reporting requirements, conducting regular audits and collaborating with external auditors as needed.