The General Administration of Financial Affairs and Accounts is responsible for implementing the university’s budget approved by the Council of Ministers, in accordance with recognized accounting standards and the regulations issued by the Ministry of Finance. It prepares the financial statements, balance sheets, and the university’s final accounts at the end of each fiscal year for inclusion in the state budget.

The Administration works to develop the university’s administrative and financial practices, foster a spirit of teamwork among employees, and drive institutional growth by investing the university’s assets to generate financial resources that contribute to academic, administrative, and technical development. It is committed to enhancing and improving employee performance by providing training and learning opportunities to increase productivity, as well as safeguarding public funds in both collection and expenditure by adhering to financial laws, regulations, and instructions.

To ensure the effectiveness of accounting operations, the Administration verifies the integrity of financial procedures and utilizes modern automated tools and advanced financial systems to facilitate operations and produce financial reports that support digital transformation objectives. The Administration also aligns with the goals of Saudi Vision 2030, particularly the overarching goal of "Enhancing Government Effectiveness," and works to maintain the university’s financial sustainability by keeping debt levels low and avoiding the rollover of payables to the next fiscal year.

Additionally, the Administration develops advanced mechanisms to measure spending performance for expenses, programs, and projects in line with the Fiscal Balance Program, and automates data exchange with relevant government entities to enhance transparency. It continuously develops tools, methodologies, and practices to improve the efficiency of administrative and financial operations, while fostering an effective work environment characterized by excellence in performance and precision in execution.