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This is finance officer's imageThe Finance Department aims to provide a cost effective, efficient and proffessional service which includes advice, direction and guidance, and support to all staff. A deliberate policy is in place to allow the existing staff to grow as section heads of this sections both professionally and academically. The University has been extremely supportive in providing learning opportunities to these section heads.

The Finance Department consists of the following sections; Human Resource Policies and Payroll Unit; Payment and Expenditure Unit; Revenue Unit (including Cash Office and Student Finance): Reporting & Information Systems Unit and The Management Accounting Unit. 

Human Resource Policies and Payroll Unit

The Unit has responsibility for:

  • Maintaining registry of all policies as relates to University personnel
  • Liaising with HR, execute all dully approved Pay Change Advise (PCA)
  • Prepare and process the monthly payroll
  • Maintain schedules for Pension and Gratuity
  • Prepare and submit yearly tax returns for all staff
  • Payment of and reconciliation of all personal claims including imprest and NHIF claims

Payment & Expenditure Section

The Payment and Expenditure has the responsibility of:

  • Treasury management including cash flow forecasting and daily bank balances
  • Recording and timely payment of appropriately submitted and authorized supplier invoices
  • Maintenance of aged supplier ledger
  • Payment of staff expense claims
  • Maintain the University main petty cash
  • Process Capital Expenditure and maintain work in progress schedules
  • Maintain research funds schedules

Revenue Unit

The Revenue Unit has responsibility for:

  • Tuition fee collection
  • Collection of fees for halls of residence accommodation
  • Invoicing and collection of other University income
  • Student credit control and overdue accounts collection activities
  • Liaison with HELB and constituency funds on payment of student loans and bursaries
  • Preparing management reports on fee collection
  • Cashier office activities, receipting and banking of IGA incomes

Management Accounting and Reporting Unit

Management Accounting and Reporting Unit consists of two sections.

The Financial Planning and Reporting section with the responsibility of:

  • University Planning/Budget Setting Process
  • 5 year Financial Forecast
  • Overall Budget monitoring and reporting and maintenance of the Vote Book
  • Producing Budget Statements
  • Producing internal management information
  • Transparent Approach to Costing Returns (TRAC)
  • Advising Schools and Departments on full economic costing and business planning for projects
  • Advising Schools and Departments on other financial matters

The Financial Accounting section has responsibility for:

  • Producing Annual Financial accounts and external reporting
  • Ensure that the University meets strict reporting guidelines to Council and the Government
  • Fixed Asset Register maintenance

Collaborations and Linkages

University of Pau-France

It was requested that MMU to host one French Master of Tourism student for internship in 2014.The details to be discussed between Dean Tourism MMU and Director Tourism University of Pau France after the conference.

Clemson University - U.S.A.

Exchange research, training and workshop conference Developing a tourism information system for Maasai Mara Game Reserve

University of Bordeaux 3-France

Establishment of a French Language Institute/ centre Maasai Mara University is currently teaching French language to students undertaking tourism, arts and hospitality courses.

Aarhus University- Denmark

Establish and promote joint research, development projects and academic cooperation with focus on the Maasai Mara (ecosystem, living conditions, economic growth and biodiversity)

Regents University-London-U.K

Areas of collaboration: Education cooperation and articulation programmes. Research collaboration Exchange of students, faculty and staff members Joint consultancy activities Knowledge transfer Participation in seminar and academic meetings Exchange of academic materials and other information.

Kenya Industrial Estates

Create incubation centers and incubate student's projects with potential for commercialization. Attachment of MMU staff to enterprise funded through KIE for purposes of gaining experience that would be ploughed back into teaching.

University of Hertfordshire.- London-U.K

To conduct a survey to identify current research, educational, policy and regulatory activities (Governmental, academic, NGO)

University of Munster, Germany

The parties agree to collaborate in the following area of mutual interest: Explore possibilities for joint research programmes, Exchanges for students.

Physical Address

Maasai Mara University

P.O. Box 861 - 20500, Narok, Kenya 

Email: info@mmarau.ac.ke

Tel: +254 020 5131400

Admission Enquiries: reg.aa@mmarau.ac.ke
 
Maasai Mara University is ISO 9001:2008 Certified.
 

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