Financial Services & Controls
Systemwide Internal and External Banking Services: Responsible for systemwide banking services and policy used in the administration of all UC funds. Aligns banking needs with appropriate service providers, manages all banking and related vendor relationships (depository, disbursement, purchase card, travel card, merchant card) to ensure optimal pricing and service, and fulfills the duties of the President, as described in the UC Standing Orders of The Regents, with respect to banking services used in the administration of UC funds.
Systemwide Cash Management:
Responsible for the University's Cash Management Function (approximately $3 billion per month), which includes positioning daily cash, concentrating all account activity, processing all UCOP wire requests, funding all check and electronic (primarily payroll) disbursement accounts, sweeping all available depository accounts, and generating all Corporate Accounting entries to account for receipt and disbursement activities.
Systemwide Financial Controls and Accountability:
Responsible for systemwide development and oversight of local programs to promote internal control and compliance with accounting and financial control standards. Coordinate campus Controller reporting relationships and the development and delivery of systemwide financial management training program (Business Officer Institute).
Central Travel Management:
Responsible for the University's Travel Management function, including negotiating contracts with agency providers, hotels, rental cars, and airlines, monitoring usage of the Connexxus system and its success in meeting savings targets, and recommending best practices in managing the systemwide travel spend. Coordinate the development, implementation and management of the Connexxus program through campus and laboratory participation on the UC Travel Council.
Business Resource Center (BRC):
Responsible for providing UCOP departments with centralized processing services for payroll, purchasing (including general purchasing and purchasing under blanket agreements, purchase orders, and service agreements, such as Professional Service Agreements and Independent Consultant Agreements), travel reimbursement, event contracting, contracts and grants, and subaward transactions. Also responsible for reconciling general ledger accounts associated with the transactions processed by the BRC, reporting on those activities to department management, monitoring processing quality, and cashiering activities.
Office of Loan Programs (OLP):
Responsible for the design, delivery and management of the University's Housing Assistance Programs for faculty and Senior Managers. Administer all aspects of the origination and servicing of the Mortgage Origination Program and the Supplemental Home Loan Program. Perform loan accounting and reporting functions associated with University and investor-owned loans, including all required IRS, investor and Regental reports. Provide programmatic support and policy analysis to campus lending representatives.