Finance Department

Mandate
The Finance Department is mandated to plan, mobilize revenue, budget, manage expenditure and to ensure that all financial resources of the University are accounted for in a timely manner and in line with the relevant national and international policies and laws. The Department is also mandated to provide technical leadership and guidance in the management of the University’s financial resources in accordance with the national and University Council financial management policies and regulations.
Our Vision
To be the leading centre of financial management expertise
Our Mission
To provide financial support with innovative approaches for continuous improvement of higher education service delivery.
Our Core Values
Accountability and transparency, Teamwork, Respect, Trust, Professionalism, Integrity, Effectiveness and efficiency, Inclusiveness, Gender responsiveness, and Time consciousness.
Our Motto
For Community Transformation.
The Finance Department is headed by the University Bursar. The University Bursar, Mr. John Nyeko, is a Certified Public Accountant (CPA-U) and holds a Master of Business Administration Degree (MBA) in Accounting from Makerere University-Kampala. He also holds a Postgraduate Diploma in Financial Management from Uganda Management Institute (UMI) and a Bachelor of Business Administration degree from Gulu University. He possesses more than thirteen years of work experience in accountancy in higher education, having held senior and managerial positions at Gulu University. He joined Gulu University in 2008 and rose through the ranks from an Accounts Assistant to the position of University Bursar. He is a full member of the Institute of Certified Public Accountants of Uganda (ICPAU).
The Office of the University Bursar has five units as listed below:
Revenue Mobilization Unit
This Unit is responsible for collection and accounting for all revenues. It also reviews and identifies alternative sources of revenue generation. The Revenue Mobilization Unit is headed by a Principal Accountant: Mr. Toolit Samuel.
Expenditure and Payable Unit
This Unit is responsible for processing payments, preparing and submitting financial statements in accordance with the University Finance Regulations, donors’ policies and laws of Government of Uganda. The Expenditure and Payable Unit is headed by a Principal Accountant: Mr. Olyel Geoffrey Ajabi.
Salaries and Wages Unit
This Unit is responsible for ensuring that staff’s salaries, wages, benefits, statutory and other deductions are paid in a timely manner and in accordance with the University policies and laws of Government of Uganda. The Salaries and Wages Unit is headed by a Principal Accountant: Ms. Layet Agnes Single.
Finance Accountability and Reporting Unit
This Unit is responsible for quantitative and qualitative validation of finance documents and financial statements to ensure adherence to donors’ policies, University Financial Regulations and laws of the Government of Uganda. The Finance Accountability and Reporting Unit is headed by a Principal Accountant: Mr. Gena Patrick.
Grants/Projects and Assets Management Unit
This Unit is responsible for ensuring that donor/research funds and other assets are mobilized and managed in accordance with the respective memoranda of understanding (MOU)/Partnership Agreements (PA), University Financial Regulations and laws of the Government of Uganda. The Grants/Projects Unit is headed by a Senior Accountant: Mr. Okeny Jimmy.