Financial Services
Financial Services is a major organizational unit responsible for the general accounting function, internal controls, audits, banking services, cash management, investments, cashiering, billing and collections of receivables, administering gifts, bequests and trusts, negotiating and administering facilities and administrative cost recovery rates, annual corporate budget, tax and financial functions, purchasing and payroll functions of the Research Foundation and is responsible for the care, custody and control of all Research Foundation assets.
Service Areas of Responsibility:
- Accounts Payable/Receivable
- Audit Management
- Budgeting and Planning
- Cash Management
- Compliance and Regulatory Requirements
- Cost Allocation
- Debt Management
- Endowment and Gift Administration
- Facilities and Administrative Rate Calculation Negotiation
- Financial Analysis and Interpretations
- Financial Reporting
- Fixed Asset Management (Equipment Inventory)
- Grants and Contracts Management
- Internal Controls and Compliance
- Investments
- Payroll
- Procurement
- Subrecipient Financial Statement Review (Risk Assessment)
- Tax Compliance and Planning
- Treasury Management
Financial Services Departments
Finance and Reporting
Treasury and Investments
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