Brussels Delegation Meeting in Sapir December 05th, 2016 Mr. Muhammad Abu Abed Finance Director Sapir Academic College muhammad@sapir.ac.il

Financial Support for International Programs Mr. Muhammad Abu Abed Finance Director Sapir Academic College muhammad@sapir.ac.il

Main Finance Supportive Roles Mission: Enable IPO with Tools and Support for Operational Optimization Supporting International Programs Execution Budget management (pro-active) Financial expenses approval and control (active) Financial professional reporting (reactive) Adhering with financial procedures, audit needs and regulation Accountable for finance reporting to EU Integration and coordination with Program “Coordinator” Bridging between “Israeli CHE Procedures”, and “EU Programs” practices and expectations Being the “Financial Advisor” for the International Programs Office, managed by Dr. Hanan Maoz Learning and absorbing new international methods and practices for continuous Sapir’s development 05-December-2016 International Programs Office, Brussles Monitoring Visit

International Financial Programs Challenges Finance Operations Reporting and Governance Financial Planning Pre-project stage In-project stage Post project stage Financial analysis and risk management Total expenditure control According original plan Cashflow analysis and balance Expenses prediction CAPEX OPEX Procurement needs Travel services Procedures and practices Finance Governance and Control Bridging between reporting methods (IL, International, EU) Financial Reporting Periodical finance reporting Balance, cashflow and notes Auditing as a continuous process Alignment with “External Auditors” 05-December-2016 International Programs Office, Brussles Monitoring Visit

Long Term International Finance Strategy Mission: Enable IPO with Tools and Support for Operational Optimization Providing all policies and processes for smooth operations ERP (priority system) for enabling financial accounting and reporting Execute travel, assets, procurement processes with professional and experts Enable data transparency and insights for better decision making 05-December-2016 International Programs Office, Brussles Monitoring Visit

Success Through Collaboration! December 05th, 2016 Success Through Collaboration! Mr. Muhammad Abu Abed Finance Director Sapir Academic College muhammad@sapir.ac.il