Budget Management and Management Accounting

Finance Office Main Services Rendered Budget Management and Management Accounting

Main Functions:

To coordinate the University’s Annual Budget Process and various budget forecasts.
To advise senior management on budgets to be allocated to different areas, implement the approved allocation, undertake the monitoring role and provide regular reports to senior management and University Council.
To prepare budget variance analyses to Deans and Heads and to top management.
To undertake Cost and Budget Analyses and provide inputs to the Strategic Plan, Business Plans and any other initiatives.
To maintain an Internal Cost Allocation Mechanism and generate the necessary reports to facilitate management accountability.