What We Do

Produces and delivers an accurate payroll monthly and coordinates with the Banks for the transfer of salaries.
Manages the month-end and year-end closing processes, and provides functional oversight of common accounting tools.
Financial Accounting is overall in charge of all general ledger transactions.
Produces financial statements (on modified cash basis).
In charge of all payables transactions (employee expense claims, vendor payments, etc.)
Conducts Bank Reconciliation and ensures necessary action on any unreconciled items.
Provides Cashiering services. Handling collections, generates receipts and disbursements from Petty Cash.
Handles monthly contribution payment to the pension authority.
Conducts annual Inventory count thereby ensuring any discrepancies are addressed in a timely manner.

Is Responsible to file Value Added Tax (VAT) return with the UAE Federal Tax Authority.
Overall is responsible for all billing services for tuition, fees, and other charges incurred by students.
Manages and Collects payment for all university Accounts Receivables.
Manages the University Wide “E Dirham Online” payment portal for tuition fees, business center payments & conferences online payments.
Manages University invoice issuance and collection of University’s dues.
Produces monthly Accounts Receivables reports.
Manages the Financial Aid Fund sponsors payments and monthly student’s stipends financial controller section.

Produces annual set of accrual based financial statements in accordance with the International Public-Sector Accounting Standards (“IPSAS”).
Manages the external audit of accrual based financial statements.
Manages endowment accounting periodically and ensure investments and redemption are accounted for.
Responsible to provide research accounting services for Zayed University.
Validate Value Added Tax (VAT) return before submission to UAE Federal Tax Authority.
Other tasks that are directly or indirectly related to the work of Zayed University, as assigned by the Director of the Department.

Overall responsibility to prepare the budget for Zayed University and present the same to Budget Committee.
Explains to units/departments/colleges how budgets are used within the University. It also provides guidance on the main issues that should be considered when preparing budget(s).
Monitors actual expenditure against budget and provides recommendation to Budget Committee ensuring optimal budget utilization at all times.
Coordinate with the Ministry of Finance to make sure that the University adheres to government rules & regulations with regards to budget preparation.
Prepare Financial reports & presentations to the ARCC & senior management including Budget progress and KPI’s.
Monitoring the budget vs actual, evaluate future needs of colleges and campuses and make appropriate recommendations for funds reallocation.
Manage the annual budget submission to the Ministry of Finance based on the approved Strategic Plan & the Ministry’s required set of guidelines.
Coordinate with HR in managing positions in line with Management’s directives and allocate the required budget.
Provide colleges & units with their respective Budget Status Reports; discuss any major deviations from the plan.