Financial Services

Provision of efficient and effective financial management and services to the University

Finance department is strategically located in the Main Administration Block, Makerere University. It is headed by the Director of Finance/University Bursar. It has eight sections i.e. Halls/Student welfare, grants/sponsored Projects, Income Generating Unit, Salaries and Wages, Accounts, Expenditure and Payables, Reporting and Accountability; and Budget Monitoring.

Under the above sections there are sub-sections: Budgeting Section, Commitment Control Section, Cash  Management & Revenue Section, Asset management and Stores management As a department of  Makerere University, which is a non-profit making Institution, Finance Department  is the Centre of all financial services in the University, responsible for maintaining the proper accounting system. It ensures that the financial activities are carried out effectively and efficiently.This is achieved through aligning, prioritising, agreeing and communicating Plans, objectives and targets aiming at achieving a stakeholder focused strategy, which is consistent with the department mission, vision and values.  

Vision

Provision of efficient and effective financial management and services to the University, Country  and  the region in support of efficient and effective Teaching, Research, Innovation and Outreach.

Mission

To provide professional financial management and services that ensures accountability and stakeholder

Objectives

  1. To continuously develop, implement and maintain quality assurance systems for performance based financial management and reporting standards.
  2. To ensure that high standards of accountability, transparency and integrity of Makerere University is upheld in all financial transactions of the University.
  3. To ensure that the university programs go on uninterrupted within the available resources.
  4. To enhance the visibility and image of the finance department and to contribute to the overall university communication and marketing strategy.
  5. To ensure operations are within the framework of government policies and University Act.
  6. To attract Donors
  7. To protect the image of the Finance Department and the University as a whole in matters related to Finance.
  8. To monitor changes both internal and external and adjust to such in terms of our profession, Economics and the Politics of the day at no expense of each other.
  9. To ensure that Accounting Profession is not undermined.

For more information please contact the Office of the University Bursar