Finance Department
Message
The Finance department is responsible for the financial stewardship of Al-Fayha Private College, ensuring transparency, accountability, and strategic resource allocation to support the institution’s goals.
Responsibilities
Prepare the annual budget in collaboration with other departments, monitoring expenditures and ensuring alignment with strategic priorities throughout the fiscal year.
Generate financial statements and reports for internal and external stakeholders, ensuring accuracy and compliance with accounting standards.
Oversee accounts payable and receivable, ensuring timely processing of invoices and payments, and managing student tuition and fees collections.
Conduct financial analysis and forecasting to support long-term planning and decision-making. Identify areas for cost savings and revenue generation.
Ensure compliance with financial regulations and reporting requirements, conducting regular audits and collaborating with external auditors as needed.
