Finance and Accounting Department

The Finance and Accounting Department consists of the Financial Plans Division, the Accounting Division and the Infrastructure Plans Division. 

The Financial Plans Division sets up and maintains the UL financial accounting system, ensures the preparation of the budget, provides the UL management, performs financial control of the departments and projects under its supervision and provides the fee calculations and internal billing at the UL.

The Accounting Division carries out financial transactions and maintains accounting records of long-term investments, tangible assets, cash, equity, liabilities and claims, income and expenses in accordance with the laws and regulations in force in the state and in the UL, calculates and disburses salaries, advances, mission-related payments and taxes in accordance with applicable laws and regulations, prepares and submits financial reports and annual financial statements to the supervisory authorities and auditors

The Infrastructure Plan Division ensures the development of the infrastructure budget and monitors the implementation of the approved budget and the achievement of the set objectives, calculates the costs of using the infrastructure, develops calculations of rental costs, price lists, and agrees them in accordance with the procedures laid down by the UL, maintains and updates the necessary data in the UL real estate databases and organises regular and out-of-order inventories at the UL.