Driven by the university’s noble goals and its mission to spread culture, knowledge, and scientific, cultural, and technological awareness, the university has contributed to developing and preparing human resources and serving the community through its programs, services, research, consulting, and attracting investments. Given the expansion of the university’s activities in these areas, a decision was made to organize all self-generated resources within the university. This led to the establishment of the General Administration of Alternative Revenues, which operates as a supervisory, regulatory, and advisory body. This administration plays a role in innovation and planning for revenue and investment development, preparing financial and administrative regulations, and monitoring their implementation to allow the supervised entities to focus on enhancing their services, objectives, and plans in line with the university's vision and ambitions.
The General Administration of Alternative Revenues aims to lead in utilizing modern administrative and financial techniques to manage and monitor all aspects related to the university’s self-generated revenues and to maximize their benefits in developing educational, administrative, project, event, and investment processes at the university.
To achieve its goals and make them tangible, the General Administration of Alternative Revenues focuses on enhancing the efficiency of university staff, adopting their suggestions and ideas, providing a suitable work environment and resources, and fostering active participation and contribution towards building an effective administrative, financial, and investment team.
Sincerely, Abdullah Al-Hossan
The General Administration is part of the University’s Office for Business and Partnerships and is responsible for planning and innovating to develop revenues and investments with revenue-generating entities. Its goal is to achieve financial sustainability and oversee expenses. It serves to provide financial liquidity and meet the university’s needs based on its educational and commercial investments.
Vision:
Excellence and quality in managing alternative revenue sources at the university.
Mission:
The General Administration of Alternative Revenues at King Khalid University aims to highlight the university's role in achieving transparency by organizing alternative university revenues and ensuring compliance with all relevant regulations and policies.
Values:
Teamwork
Integrity
Accountability
Follow-up
Continuous Improvement
Manage and Develop University Revenues and Investments: Enhance both the financial and non-financial returns from university revenues and investments.
Create Financial and Administrative Flexibility: Establish flexible regulatory frameworks to support liquidity and budgetary items for the university's general budget.
Oversee Financial and Administrative Aspects: Supervise university projects lacking sufficient financial liquidity for approval.
Develop Regulatory and Accounting Guidelines: Establish and enforce regulatory and accounting frameworks for these revenues and monitor expenditures.
Implement Regulatory Systems and Procedures: Activate and enforce all relevant systems, regulations, executive instructions, and applicable decisions related to these revenues.
Develop a Comprehensive Strategy: Formulate a general strategy to address any current or future issues related to university revenues and investments.
Manage University Income: Oversee income generated from investments, programs, and paid services.
Align with Vision 2030: Develop diverse income sources for the university in accordance with regulations and policies.
Enable Focus on Program Development: Provide time and opportunity for departments under the administration's oversight to focus on developing new programs, centers of excellence, and service coordination.
Governance and Oversight: Govern and monitor the implementation of rules related to revenue and investment growth to ensure financial sustainability.
Standardize Service Quality: Ensure consistent service quality for beneficiaries according to the highest standards.
Audit and Review Department
Responsible for reviewing all payment documents for requests received by the administration.
Contact Number: 0172414784
Shared Services Department
Handles the study and implementation of all requests received by the administration.
Contact Number: 0172414741
Procurement and Competitions Department
Studies all requests subject to government procurement and competition regulations and presents them to the relevant committees for decision-making.
Contact Number: 0172418418
Business Development and Continuity Department
Oversees the review, implementation, and development of financial technologies, funding facilities, and business processes.
Contact Number: 0172418253
Bank Payments Department
Manages the execution of bank transfers for beneficiaries upon approval from authorized personnel.
Contact Number: 0172417639
Electronic Archiving Department
Handles the storage of all documents received by the administration, both in physical and electronic formats.
Contact Number: 0172417446
Accounts and Tax Department
Reviews and monitors all administration accounts, expenses, and revenues, and files tax declarations for zakat, tax, and customs.
Contact Number: 0172417932
Collections Department
Manages the collection of financial claims and payments due from all government and private entities.
Contact Number: 0172418250
Beneficiary Services Department
Focuses on improving and enhancing the quality of service provided to beneficiaries for all administrative services.
Contact Number: 0172403746
Secretariat Department
Manages the General Director's office for the General Administration of Alternative Revenues, coordinates appointments, and monitors email.
Contact Number: 0172403735
Administrative Communications Department
Receives incoming transactions, forwards them to the relevant departments, and sends outgoing transactions to the respective entities.
Contact Number: 0172413747
Business Center – Second Floor – University City in Al-Furai'a
Phone Number: 0172418251
Email: gasr@kku.edu.sa