The study aimed at creating a proposed training program in school financial management for principals of Public schools in the Sultanate of Oman. That's by identifying the training needs in the area of financial management for school principals, their assistants and specialists of administrative and financial affairs and finding out the impact of the quality variable and job title upon the identification of training needs in the school financial management at the level of significance(a=0.05) . The study sample Consisted of 200 male and female school principals, 243 male and female assistants and 164 male and female specialists of administrative and financial affairs in the academic year 2011-2012 from the schools of the Directorates General of Education in the Governates: Muscat, Dhakeleyah, Batinah North, Sharqiah North, Sharqiah South and Dhahirah. To achieve the study aims, a questionnaire was prepared that consisted of 43 statements which were distributed into five areas which are school financial planning, school financial regulation, school financial accountability and control, procurement management, school storage and school financial reports. The validity of the tool was validated through a group of expertise. The total reliability coefficient of Chropach Alpha (0.94). To analyze data, Means, standard deviations and T-Test were used to check for significant differences due to the type variable, and analysis of variance Test and LSD Test were used to find the significant differences due to the job title variable. The results of the field study revealed the following: 1. The estimates of the members of the study sample for the degree of the required training needs in the school financial management was very high in all the areas of the study. 2. The results of the study showed that there are 43 statements represent knowledge and skills that collectively represent a training need in the school financial management for school principals, their assistants and specialists of administrative and financial affairs in the government schools in the Sultanate of Oman. All of which represent a significant training needs, as all the statements got an average (3.00) and above. 3. For the variables of the study, the results of the study concluded that there are no statistically significant differences at the level of significancel a = 0.05) in the average estimates of the sample due to the type variable in all areas of the study. As there are no statistically significant differences at the level of significance (a = 0.05) in the average estimates of the sample due to the job title variable, and that is in the area of school financial planning, while there are statistically significant differences at the level of significance (a = 0.05) between the estimates of the sample in four areas ool financial regulation, school accountability and financial control, procurement management, school storage and school financial reports). By reference to the arithmetic averages, it's clear that the direction of the differences is for the benefit of specialists of administrative and financial affairs. And it's in favour of the school assistants and specialists of administrative and financial affairs at the area of the school accountability and financial control. 4 - In the light of the most important training needs for principals, their assistants and specialists of administrative and financial affairs that the study had found out, a proposed training program was set. The study found asset of recommendation for the application of the proposed training program in an effective way. The most important one is setting a reference guide for school financial management processes, taking advantage of the training program by the Directorate-General for Human Resources Development, Ministry of Education and including it within the vocational development plans for school principals, their assistants and specialists of administrative and financial affairs.