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Overview

The Shared Financial Services Division (SFSD) was established in 2018 as a part of the Fiscal Balance Program.

The Shared Financial Services Division (SFSD) was established in 2018 as a part of the Fiscal Balance Program.

The SFSD works towards improving the overall financial performance of the government entities by introducing unified purchasing policies and processes, integrated procurement solutions, and technical support, leading to the optimal target of achieving efficiency in all related spending areas.

The establishment of joint financial services contributes to enhancing the efficiency of government spending, developing financial procedures, reducing government operating expenses, ensuring optimal use of financial resources, and collecting government financial services and procedures on a unified and common basis.

To offer our shared services,

we function through 3 directorates as follow:

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The Central Procurement Directorate (CPD)

The CPD takes on the responsibility of centralizing government entities recurrent and common purchases; to improve efficiency, transparency, and increase cost-effectiveness across all relevant government entities.   Click Here

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Central Efficiency Directorate (CED)

The CED was established mainly to monitor and oversee the government entities recurrent expenditures, to ensure such expenditures comply with the allocated budget plans and relevant regulations.

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Shared Financial Services Coordination Affairs Directorate (SFSCAD)

The SFSCAD's ultimate goal is to improve the effectiveness and efficiency of the financial teams across government entities. For that, the directorate works closely with entities to unify and improve the financial procedures and processes, alongside with managing administrative and HR related matters pertaining to the finance staff within entities.