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Financial Affairs Unit

The finance Department was established in 2003 and an internal financial system has been set for Dr. Soliman Fakeeh of Nursing & Medical Sciences College.  The Finance Department is in charge of revenue collection, follow-ups on the students’ accounts with all the related obligations, instructions and financial management duties as follows:

  1. Keep financial records and accounting entries correctly, in accordance with the generally accepted accounting principles and financial supervision on contracts implementation and agreements concluded between the college and other parties.

  2. Supervise the implementation of the estimated budget terms and provide detailed reports to the Dean on any financial matter related to the college.

  3. Verify the validity and filing of expenditure and revenue documents, and compliance with financial, legal and accounting rules.

  4. Collect college revenue and deposit it in the bank on a daily basis.

  5. Prepare financial studies and recommendations to the College Dean.

  6.  Insure the input of the revenue or expenditure as soon as possible.

  7. Prepare the list of Graduated professionals remuneration and paying their wages monthly.

  8. Follow-up on receptions expenses, college activities and budget monitoring.

  9. Follow-up on the college trust, payments and prepare a list of monthly expenses to replenish the trust.

  10. Refuse to pay any amount unless it meets with all the requirements of financial, legal and accounting terms and conditions supported by necessary legitimate documents.

  11. Prepare reports, financial statements and schedules periodically.

  12. Prepare the college annual financial license before May 15 of each year, and continue to send official letter to the Ministry of Higher Education.

  13. All financial records and documents are subject to Internal and external Audit.

  14. Prepare monthly payrolls for the salaries after the legal deductions required by the law, checks and bills of exchange on a monthly basis.

  15. Prepare the general budget and the closing accounts each year.

  16. Prepare of the closing account each year.

  17. Pay the financial dues of the College to the Zakat Department and Social Security.

The Finance Department is seeking to carry out the duties, responsibilities and tasks entrusted to it according to scientific and practical methods in all honesty and sincerity in compliance with accounting rules and international recognized standards.

Director of the Finance Office:
Mrs.Pascale Moussallem

FSHC College of nursing