Department Overview
The Finance Department is committed to upholding our obligations to our students, employees, vendors, and other stakeholders. The Department provides objective, accurate, timely information and analyses to inform decision-making and facilitate strategic planning. Our mission is to effectively manage the resources of the university in support of teaching, research, and community service. We partner with vice chancellors, deans and directors to provide oversight, generate insights through predictive analytics, what-if analysis, and financial modelling to uncover opportunities and risks, and drive strategic decisions. We aim to lead with innovative financial solutions and commercial insight, driven by excellence and best practice, to assist the university in achieving its fullest potential while being compliant with the University’s policies, procedures, and industry best practices.
The Finance Department handles the relationship with the Finance Committee of the Board of Trustees and other internal and external stakeholders. As a team-oriented office, the Finance Department is responsible for working across the University to develop annual operating budgets, capital budgets, and multi-year financial projections and provide ongoing financial reporting, support, tools, and education for budget owners.
The Finance Department is also responsible for student and auxiliary revenue accounting, payments to all stakeholders, relationships with banks and financial institutions, adherence to International Financial Reporting Standards, taxation matters, and coordination with statutory auditors.