The Division of Finance is one of six service and support divisions of the central administration at the University of Iceland. The operations of the Division of Finance are in the areas of accounting, payroll services, planning, procurement, treasurer's services and administration of travel allowances.
The main responsibilities of the Division of Finance are financial control, budgets, procurement, travel allowances and payment of wages. The Division of Finance is located in the Main Building of the University of Iceland. The division provides assistance to University of Iceland employees with all issues concerning the finances of the university's faculties and institutions.
The Division of Finance employs staff that have education and experience relevant to the function of the Division of Finance. The following administrative units pertain to the Division of Finance:
- Travel allowances
- Treasurer's services