Finance Service Levels

Services and Service Levels

The broad definition of services to be provided is determined by the Director of Finance and Corporate Services.

The aim is that a service for an academic year will remain in place for the entire year. When this does not prove to be possible Finance will ensure that current users of a service are notified of any changes before they are made.

If a user is not satisfied with the quality of a service that is provided they should, in the first instance, contact the Director of Finance and Corporate Services or the Finance Help Desk.

Financial Accounting

• Balance Sheet Management
• Cash Flow Forecasting and Cash Management, Investments & Foreign Currency Accounts
• Purchase Ledger, Creditor Payments and Foreign Payments
• Sales Ledger and Debtor Processing, including Student Debts
• Credit Control
• Cash Handling, including Imprest Management
• Expense Claim Processing and Payment
• Fixed Asset Management
• Statutory Accounts: Preparation for the University and Subsidiary Companies
• Management of the University's tax matters, including Value Added Tax (VAT) and C.I.S
• Administration of Prize Funds
• Administration of Purchase Cards

Management Accounting

• Assisting with Annual Budget Preparation
• In-Year Monitoring of Performance
• Month-End Processing
• Management of Accounting Structures
• Production of Management Reports, including for the Senior Management Board and Finance and General Purposes Committee
• Financial Administration of Research Grants and Contracts
• Provision of Financial Information to HEFCE and HESA, and Other Funding Bodies
• Provision of Financial Advice and Support to Schools and Directorates
• Preparation of Financial Forecasts to support the University Corporate Plan

Other services

• Payroll Services
• Pensions Administration for USS, UEPF and TPS members
• Management of the AGRESSO financial system
• Oversight of the University's Investment Managers
• Oversight of the Financial Affairs of the Students' Union