Finance Department 

Overview
The Department is under the authority of the Vice-President for Financial and Administrative Affairs and is responsible for applying institutional policies and accounting procedures, recording and maintaining accounting records, monitoring assets management. It seeks to meet the University's contractual obligations to donors, suppliers and others to serve the University's commitment to high standards of ethical and professional conduct.

The Department comprises five units:

• General Accounting Division,
• Reporting and Budgeting Division,
• Internal Audit Division,
• Procurement Division, and
• Stores Division.

Activities
The staff of the General Accounting Division conducts many vital activities such as collecting and accounting for the students tuition fees, making payments to vendors, and processing requests for payment of travel and conference reimbursements. It follows up on necessary allocations between the different BZU departments, institutes, programs and centers, in addition to liaising with the University's external auditors.

The staff of Reporting and Budgeting Division works on budget preparation, conduct compliance analysis, variance analysis, and report to the department's director, top management and to donors

The principal role of the Audit Division is to provide an objective review of systems and operations to ensure that sound internal controls are applied, monitored and evaluated regularly and that the University's interests are protected

The staff of Procurement Division is responsible for purchasing all goods, services and equipment for the University; and for the rental and leasing of equipment in accordance with the University's adopted procedures and policies.

The staff of Stores Division is responsible for following up the safeguarding and recording of the University's assets and Inventory.

Mission
To pursue the university-wide mission of Service and Stewardship, provide expert procurement and financial support to the University's community in a manner that enhances the University's image of being a distinguished university.