The Office of Budget and Finance is open for business, although we are working remotely. Please continue doing business with us as usual, but be aware that most of us do not forward our office phones. Email or chat (via Microsoft Teams) may be the best way to reach us. Additional announcements relevant to a specific department may be found on that department’s home page.
Financial Management Services (FMS) is responsible for managing the University’s treasury, financial compliance, tax compliance, and business systems administration and support. It works closely with Accounting and Financial Reporting, Budget Office, Purchasing, Payment Services, Bursar, and Payroll to ensure that the official records of the University are up-to-date and accurate. In addition, FMS works with Information Technology to deploy enhancements, system upgrades, reporting solutions, and to implement policies and procedures to safeguard the assets of the University. It also participates in the design and delivery of business systems functional training to end-users throughout the campus. Financial Management Services continuously strives to prescribe, design, and implement process improvement solutions.
The Account Reconciliation Application (ARA) has been enhanced to a OneGrid format. We are excited about the updates and think you will be too. We’ve published a one-page guide that explains some of the changes you can expect to see.
Three training sessions have been scheduled to demonstrate these new features. If you would like to attend one, please click here to enroll.
Treasury Management oversees daily banking activity, short-term and intermediate-term investment activity. Specific functions include cash flow management, bank and investment account reconciliations, credit card processing, departmental deposits, and bank relationship management. Treasury Management can also help departments who need training and guidance on cash handling. [email protected]
Financial Compliance is in charge of performing risk assessments and developing monitoring plans for high risk area. This function also serves as the primary administrator of the Account Reconciliation Application (ARA) and year-end certification process (Letters of Representation / LORs). [email protected]
System Administration is responsible for Financial System maintenance, involving chart of account maintenance, assisting with reporting and analysis, administering financial system security and providing support to administrative personnel involving ledger and budget matters. This team also oversees general ledger configuration, workflow administration and monitors role-based security. [email protected]
Vendor Management oversees all vendor actions conducted for the University and processes all vendor-related documentation and vendor file maintenance including issuance of 1099 MISC forms for the University. [email protected]
Email [email protected] for other inquiries.