Finance Department
February 1, 2021 2024-11-24 13:57Finance Department
Finance Department
Life at Tom Mboya University is enriching, exciting, and energizing.
Head of Finance
💰 Message from the HOD
The Finance Department is a strategic pillar supporting Tom Mboya University in achieving its core mandate of teaching, research, consultancy, and community outreach through:
- Efficient financial resource management
- Strict compliance with Kenyan Constitution 2010
- Adherence to Public Finance Management Act 2012
- Implementation of all public finance regulations
Welcome to Tom Mboya University - Financial Excellence is Our Commitment
Department Structure & Strategic Units
Organized for efficiency and compliance
Financial Operations Units
- Income Section - Timely collection and accounting of all university revenues
- Expenditure Section - Processing payments for goods/services and liability management
- Payroll Section - Salary processing and statutory deductions for all staff
- Students Finance - Fee collection, ledger management, and sponsor coordination
Asset & Budget Management
- Assets Management - Accounting for all current/non-current assets
- Budgeting & Reporting - Financial planning, reporting, and audit coordination
Our Financial Achievements
Recognized excellence in financial management
Prof. Elyjoy M. Micheni (Ag. DVC) and CPA Julius O. Otieno receiving the FiRe Award Certificate at Safari Park Hotel, December 2022
Financial Excellence
- Consistent clean audit reports since inception
- Winner of 2023 Financial Reporting (FiRe) Award (Public Universities category)
- Strategic investment of surplus funds generating additional revenue
Capital Development
- Completed and ongoing construction projects:
- Administration and Lecture Halls Block
- Perimeter wall and main gate
- Substantial investments in:
- ICT infrastructure and equipment
- University vehicles and power generator
- Teaching materials and equipment
University leadership receiving the 2023 FiRe Award trophy at Safari Park Hotel
Operational Excellence
- Full implementation of Microsoft Dynamics 365 ERP system
- Banking system integration for online fee payment
- Comprehensive asset valuation and tagging
- Timely salary payments by 24th of each month
- Prompt settlement of all financial obligations
Contact Finance Department
Reach out for financial inquiries or support
Location
Tom Mboya University Main Campus
