The Management & Financial Accounting team is responsible for:
- financial 4 year strategic plan (end of June)
- financial statements
- budget reports
- preparation of business plans
- financial operation of Centenary Trust
- charitable appeals
- internal coding structure (see payments)
- Endowment Reports: 30/04/2016
- CODA document codes
Preparation of four year plans
Annually, at the end of June, the Funding Council requires the University to prepare, agree and submit a strategic plan for the forthcoming four years. The documents prepared include a Strategic Plan, with detailed financial implications of the plan together with an Estates Management Action Plan (EMAP). The detailed figures and commentary are approved by Court and form the basis for planning and strategic decision making for the following years. The detailed figures and financial commentary is prepared by Andrew Hewett, Director of Finance.
Preparation of strategic level management accounts
Management Accounts for analysis and comment at a strategic level, are prepared monthly and form the basis for the reporting of Financial performance during the year to meetings of the Finance Committee. The reports prepared comprise of :- Income and Expenditure, Capital Expenditure, Cashflow and Balance Sheet.
Business planning for project applications
The Finance Office provides advice and assistance in the preparation of business plans, particularly where these plans are required in support of funding applications. The Deputy Director of Finance has a model business plan spreadsheet which may be useful in developing business plan documentation. This incorporates income and expenditure impacts, balance sheet and cash flow.
For more information on this subject and assistance in completing business plan elements of funding bids please contact Director of Finance.
All transactions in the CODA system are identified by 'document codes' and 'document numbers'. Quite often transactions are first held in an 'intray' prior to posting (in batches), so they can be reviewed and re-examined for accuracy whenever necessary. (See list of CODA document codes), and which section within Finance (or outside!) can answer queries on vouchers posted with these document codes. Please note that if you have a query about a specific entry on the system, it will help if you know the document code, document number and batch number.