FINANCIAL DIRECTORATE
ABOUT THE FINANCIAL DIRECTORATE
Strengthening the University’s financial stability by maintaining sufficient liquidity, maximizing the efficiency of resource utilization, optimizing expenditure structures, ensuring the reliability and transparency of accounting systems, and mitigating financial risks.
— Budgeting: Preparation of annual, quarterly and monthly financial plans both for the entire company and for individual departments
— Forecasting income and expenses, developing business development scenarios
— Strict control over budget execution, identification of reasons for overspending or savings
— Verification and approval of all outgoing payments of the company (invoices from contractors, taxes, salaries)
— Continuous and accurate accounting, tax and management accounting of all transactions
— Preparation of balance sheets, profit and loss statements, cash flow statements for management, investors and government agencies
— Identification of currency, credit, inflationary and other risks and development of measures to insure them.
Promoting the University’s long-term financial stability and sustainable growth in value through transparent, secure, and effective management of capital, assets, and financial resources.
TEAM OF THE FINANCIAL DIRECTORATE
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