Position Description and Responsibilities
Vice President for Finance
Michael J. Curtin
BIO 2006
Position Description
I. Position Summary
The Vice President for Finance reports to the Executive Vice President/University Provost, and is responsible for all of the financial and budgeting operations of the University. This position has oversight for the University’s audit function, which also reports to the Board of Trustees.
II. Individual Responsibilities
1. Oversee the financial affairs of the University, including the supervision of investments, accounting and budgeting in accord with applicable regulations and generally accepted accounting principles for both public and private funds.
2. Control and account for the revenue and expenses required in the normal operations and its affiliated and related corporations including the University of Louisville Athletic Association, the University of Louisville Foundation, Inc., The University of Louisville Research Foundation, the Quality and Charity Care Trust, and ULH, Inc.
3. Prepare periodic and end of the year financial statements to meet regulatory requirements and management needs, including for decision-making purposes.
4. Consult with and advise the members of the Office of the President on the review and approval of the annual operative and biennial budget submissions to the Commonwealth.
5. Prepare and oversee the annual operating and biennial budget request for the University; oversee the budgeting process to ensure that budget allocations support the University’s strategic plan.
6. Oversee the auditing function by ensuring compliance with University policies and procedures while supporting the direct interaction of this function to the Board of Trustees.
7. Serve as liaison to the Council on Postsecondary Education, the Governor’s Office of Policy and Management and the Legislative Research Commission on all financial matters affecting the University.
8. Perform treasury operations including cash management, accounts payable and disbursements for the University and its affiliated and related corporations, and issuance of bonds.
9. Implement and maintain of all financial systems for the University including general ledger, budget development, treasury operations, grants management (post award), investments tracking, accounts payable and student billing and receivable systems.
10. Prepare specialized financial reports for the federal Department of Education (IPEDS), the Council on Postsecondary Education, investment rating houses, and other external and governmental agencies.
11. Implement financial policies and procedures as required ensuring the smooth and efficient operations of the University and its affiliated and related corporations.
12. Serve as liaison to the Council on Postsecondary Education
13. Ensure that the operation of the finance unit fulfills the academic mission of the University.
For appointment please contact
Cecilie Ashanta 502-852-6166
