Finance

Sohar University > Finance

Contact

For assistance or inquiries, please contact the Finance Department:

  • Email: accounts@su.edu.om
  • Phone: (+968)26850100
  • Location: Administration Building, Sohar University Campus

About the Department

The Finance Department at Sohar University is a cornerstone of the institution’s operations, ensuring exceptional financial services and fostering a culture of accountability and transparency. Serving students, staff, and external stakeholders, the department ensures effective resource management, supports academic excellence, and facilitates the university’s strategic objectives.

Roles and Responsibilities

  • Ensuring Financial Accuracy: Providing reliable financial information and timely reporting for informed decision-making.
  • Maintaining Rigorous Controls: Implementing robust financial controls and record-keeping to safeguard university resources.
  • Promoting Transparency: Upholding transparent practices and accountability in all financial operations.
  • Managing Student Accounts: Efficiently handling tuition fee collection, scholarships, refunds, and billing for students.
  • Overseeing Budgeting: Preparing, consolidating, and monitoring annual budgets in alignment with university priorities.
  • Enhancing Operational Efficiency: Streamlining financial processes and updating systems to deliver improved services.

Services

  • Tuition Fee Collection and Student Financial Support: Collecting tuition, accommodation, and transportation fees, while offering comprehensive financial support and guidance to students.
  • Staff Payroll Management: Timely processing of staff payroll.
  • Budget Preparation, Monitoring, and Variance Analysis: Developing and monitoring annual budgets, tracking expenditures, and analyzing variances to maintain fiscal discipline.
  • Financial Reporting and Regulatory Compliance: Preparing detailed financial reports in compliance with International Financial Reporting Standards (IFRS) and regulatory requirements.
  • Support for Research Funding and Grant Management: Assisting academic departments in securing research funding, managing grant applications, and disbursements.
  • Procurement and Vendor Payments: Guiding and supporting the procurement process and ensuring accurate payments to vendors and service providers.

Policies and Compliance

The department strictly adheres to Sohar University’s Financial Regulations and International Financial Reporting Standards (IFRS), guided by principles of transparency, accuracy, and sustainability in resource allocation.

Department Structure and Team

The Finance Department is structured into three specialized sections, each crucial in managing the university’s financial operations:

Budget Section

Prepares and monitors budgets, conducts financial analysis, and ensures strategic alignment.

Team:

  • Ali Khalfan Ali Al Muqbali – Director of Finance
  • Mohammed Ahmed Mohammed Al Maamari – Deputy Manager

Student Accounts Section

Responsible for fee collection, scholarship management, and billing processes.

Team:

  • Fadha Saad Abdullah Al Ajmi – Head of Students accounts

General Accounts Section

Manages accounts payable, financial records, and reporting.

Team:

  • Mohammed Hilal Suliman Al Abri – Head of General Accounts