Finance Division

• Manage employee and contract payroll, prepare monthly payroll lists.
• Reconcile monthly payroll lists with payroll records.
• Prepare final settlement statements and submit them to the university on time.
• Input all payroll data into the electronic payroll system.
• Register all employees in monthly payroll register under direct supervision of the Division Head.

• Prepare monthly trial balances at end of each month.
• Post documents (expense/entry) to ledgers and link with accountant.
• Record accounting entries and expense documents in specialized registers.
• Prepare analytical statements for advances and trust accounts.

• Organize employee liability forms.
• Prepare store issue vouchers for outgoing materials and receipt vouchers for incoming materials.
• Post store vouchers to designated registers.
• Monitor asset movement within the institute under Finance Manager oversight.

• Deposit all collected funds into the designated bank account.
• Close cashbox at month end and reconcile balances.
• Receive erroneously disbursed amounts or employee deductions per regulations.
• Collect cash via official receipt vouchers and record in daily cash journal.

• Manage Higher Education Fund allocations, oversee revenues and expenses.
• Prepare periodic financial reports and coordinate with the university.
• Monitor accounting entries specific to the Higher Education Fund.
• Ensure compliance with financial regulations and applicable laws.

The Finance Division operates according to the regulations of the Financial Audit Bureau and the Iraqi Ministry of Higher Education and Scientific Research, submitting periodic reports to the parent university (Al-Furat Al-Awsat Technical University).

Applying financial governance principles, digitizing records, and strengthening internal control to ensure efficient resource management and fairness among beneficiaries.