About Finance
Vision
To be a department that can be appreciated and recognized in provision of efficient, effective and reliable services in the University.
Mission
Finance department will strive to provide financial services at the highest professional level to both Academic and administration staff of the University and all our business partners at the most effective cost. We shall, in discharging our responsibilities, observe professional standards and practices established by local, regional and international accounting Standards.
Motto
Professionalism, Integrity and Fairness
Philosophy of Finance
The vision, mission and objectives of finance department are based on the philosophy that give a conducive working environment, knowledge, skills and attitudes human beings can actualize their potential.
Core Values
Finance Department of Kibabii University undertakes the following core values in order to realize its goals:
Excellence– Staff in the Finance department shall ensure excellence in provision of reliable financial services of the highest quality to all its customers.
Accountability– Staff in the department shall accountable for all actions during the course of service delivery.
Transparency– Staff in the Finance department shall avoid any malpractice in their line of duty.
Equity– Staff in the department shall ensure that there are equal opportunities for all without any form of discrimination, be it gender, race, disability, age, religion or ethnicity.
Professionalism– Staff in the department shall conduct themselves with decorum and adhere to the code of professional ethics.
Integrity – Shall be reflected in our personal appearances, interactions and conduct.
Objectives of Finance Department
- To enhance preparation of quarterly, semi-annual and annual University budgets and improve on the budgetary control procedures towards encouraging cost reduction measures from 8% to 3%
- To enhance daily and monthly revenue collection in form of student fees, appropriation in Aid, Government capitation and other income generating units on behalf of the University
- To establish computerized accounting processes in the department towards enhancing efficiency and accuracy in generation of financial statements by the end of December, 2016
- To improve on timely preparation of payroll salaries on monthly basis from 3oth to at least 25th of every month
- To enhance processing payment of all procured Goods and Services which are of the required quality by the University user Departments
