Finance and Administrative Affairs

The Department is responsible for fulfilling the following services, in line with the legislations of the General Directorate of Foundations; Ministry of Education; Ministry of Finance; Ministry of Family, Labor and Social Services; and corporate policies/procedures:

Budget – Reporting

Accounting – Tax/SSI
Purchasing – Supplier Management
Campus Technical – Internal services
Occupational Health and Safety (İSİG)
The actual state of the Financial and Administrative system built per the national and international standards is presented to the Board of Trustees, Board of Directors, School Management, other relevant parties and official authorities periodically and impartially.

Budget and Reporting

The Budget Management and Reporting processes are carried out annually, quarterly and monthly in line with the 5-year projections in order to ensure continuity and sustainability of the financial strength of the institution. “Compliance with the budget discipline” is a core principle. Systematic management of each financial table and reporting is ensured.

Accounting – Tax / SSI

The documents associated with accounting, tax/social insurance legislation are recorded on the legal books on a daily basis; treasury and SSI payment obligations are fulfilled on time; and the entire process is audited periodically.

Tuition Announcement and Collection Process Management

The tuition is announced in line with the legislation of the Ministry of National Education, and registration takes place on the announcement date. Tuition is collected in cash or via credit installment system (contracted bank regular payments).

Purchasing – Supplier Management

All kinds of products and services are purchased through the specifications, company research, contract, implementation, and control processes in line with the allocated budget. Top quality achievement is a key principle. Security, Cleaning, Catering, Transportation, and Insurance services are outsourced via suppliers.