Financial management and sustainability in the context of the University of La Guajira, is interpreted as the support to all the intentions and realities of institutional growth and development in academic terms and the permanence of the university in the higher education market. In this sense, the financing structure of the University will be based on the contributions of the nation state, the department and the strengthening of the capacity to generate its own income; these sources should generate sufficient flows to obtain the resources for the operation and investment required by the university to project itself as an inclusive, quality, internationalized, committed to its environment, research and sustainable university.
In this sense, financial management and sustainability will focus on nationalization as a strategy to guarantee the amount, the adequate and timely flows to meet the needs of the institution; resources that will be complemented with its own income from the sale of services, academic offerings, products and services derived from research, advisory and consulting services.
For a good management of financial, administrative and infrastructure sustainability, it will modernize its working capital management processes, of the installed capacity of its facilities, properties, machinery, equipment, furniture and real estate, it will combine the different sources of financing seeking the lowest weighted cost of financing capital, as a mechanism to achieve social profitability and academic development with quality. Likewise, it will modernize the administrative and financial management processes, seeking their speed and effectiveness by using technological innovation.
Functions
The Administrative and Financial Vice-Rectory of the Universidad de La Guajira efficiently manages financial resources to fulfill the institutional mission, guaranteeing transparency and supporting the formulation of institutional policies and projects.
- Project reports on the institution's budget execution.
- To direct and coordinate the processes of administrative, financial, budgetary, administrative and welfare control of human, student and teaching resources.
- Propose to the competent management bodies, the modification of rules and regulations, administrative organization, personnel, systems, processes, procedures, and other aspects related to the operation of the university, tending to the improvement, efficiency and optimization of available resources.
- To prepare, in coordination with the Planning Office, the draft budget, in accordance with the preliminary drafts prepared by the different units, and to monitor its execution.
- To process before the corresponding state agencies, the allocation and timely delivery of the university's financial resources.
- Submit to the rector's office the draft resolution of expenditures with the recommended budget additions and transfers, for processing and subsequent approval.
- Submit to the competent decision-making bodies the rate of the pecuniary fees that may be set by the university for the educational services offered.
- To stimulate and develop a culture of coexistence, democratic participation and integration in the university community.
- Propose improvement projects and permanent updating of the processes of its unit.
