The Associate Vice President and University Controller oversees General Accounting, Payments, Tax, Payroll, the University Business Service Center, and Financial Research Administration, which includes Sponsored Financial Services, Cost Analysis, and Capital Assets.
General Accounting provides guidance to the units on general ledger transactions and monitors accounting practices in the areas of invested funds, restricted gifts and unrestricted funds, and other general accounting topics. It also, along with Reporting, produces the university's annual audited financial statements. Accounting Operations, which encompasses Accounts Payable, manages the month-end and year-end closing processes, and provides functional oversight of some of the common accounting tools such as JEMS and Payment Requests.
The University Business Service Center (UBSC) provides financial transaction and financial management services to various administrative, executive units at Cornell. The UBSC is a key player and has been involved in many institutional initiatives/beta tests. The UBSC is also responsible for the United Way Campaign for the entire Cornell community.
Sponsored Financial Services provides post-award financial administration of sponsored agreements and federal appropriations. This includes analysis of expenditures, sponsor billing, and sponsor financial reporting.
Cost Analysis and Capital Assets is responsible for capital assets accounting and inventory; calculating, submitting and supporting the negotiation of our Facilities and Administrative (F&A) and Employee Benefit rates; development and maintenance of internal cost allocation models; and approval of service center rates.