Office of Finance

Mission

The Office of Finance provides strategic decision support, sound financial planning, internal control, and customer service to our school's faculty, staff and students, university colleagues, and external stakeholders. We foster a culture that promotes financial discipline and sustainability, transparency, and collaboration. By doing so, The Office of Finance supports the school's mission to serve society and address global challenges through education and research.

About

The SEAS finance office is comprised of five teams:

  • Accounting

  • Financial Operations

  • Budgeting, Financial Planning & Analysis (FP&A)

  • Payroll

  • Student Funding and Financial Aid

Responsibilities include, but are not limited to, financial reporting, budgeting and strategic planning, financial policy development, risk management, internal controls, fund management, purchasing, travel and reimbursement, card services, student funding, financial aid allocation, fixed asset and capital project management, data management, and faculty, staff and student payrolls.

 

            Click here for the full Finance Organizational Chart.


 

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FY20 Goals

  • Expand focus toward internal operations

    • Drive improvements of graduate student payroll, including RMAS review findings and next steps (with Radha, Erin, Accounting, Payroll, OAP, Computing, GSAS)

    • Re-brand Financial Operations to meet the needs of our reorganized Area Administrative community, including training, monitoring and process improvement (with Radha and Assoc. Director of Finance Operations)

  • Finance organization development:

    • Personnel:

      • Support transition of Radha to Controller

      • Support transition of Director of FP+A and budget team, including Alex transition to Assistant Director, Julia’s March 2020 transition and succession planning

      • Support recruitment and on-boarding of Assoc. Director of Finance Operations

      • Support on-boarding of Grad Aid Analyst (Erin Bishop)

      • Integrate Institutional Research and define model (with Joanne Kang, GTB and Exec Team)

    • Team-building:

      • Support transition to expanded campus

      • Wednesday Walks – Finance team weekly walks during lunch

      • SEAS Finance Collaboration Budgets

      • Maintain emphasis on professional and career development:

        • Develop strong relationships and encourage meaningful career conversations

        • Provide opportunities via: education, exposure, and experience

  • Financial sustainability:

    • Complete FAS Compact review

    • Implement SEC financial model (refine operations, renewal, space and cost allocation)

    • Refine impacts of expanded campus operations

    • Continue/grow new revenue including fundraising, corporate partnerships, intellectual property, professional programs

    • Clarify expectations with Center regarding long-term operating deficits, accumulated deficit, and internal interest

    • Renew long-term financial sustainability conversations with Center

  • Support Wyss transition

  • Evaluate SEAS pilot toward streamlined acceptance of corporate funding, explore deepening exposure of effort to faculty and RPMS (with Ellie, Crate and OVPR)

  • Support new systems implementations, including Positioning Tracking and Control (with HR), Buy2Pay (with Assoc. Director for Finance Ops), graduate student funding database (with Erin and RMAS recommendations)

  • Create Business Continuity Planning because of new operating models with FAS in facilities, research ops, etc.

  • Update “SEAS Finance Alignment” to frame priorities for staff

 

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Where to find us

Office Location

20 University Road

6th Floor

Cambridge, MA 02138