Finance OST | Controllership Hub

Hub Overview

The Controllership hub encapsulates several core functions, many of which already operate University-wide and form the backbone of the University’s accounting and fiscal compliance framework. Existing teams – including payroll, financial reporting, asset management, cost analysis, and tax – will be bolstered with additional talent as part of the OST-launched financial organization. New teams, including internal billing and general accounting, will also be stood up, contributing in a meaningful way to the University’s effective and efficient internal control structure, while providing excellent customer service to units from all corners of the University. 

Key activities of the Controllership hub include the following: 

• Maintenance and oversight of SIMBA master data elements,
• Input and review/approval of a myriad of accounting transactions originating from units and other hubs, 
• Monthly close and robust ongoing reconciliation, 
• Preparation of financial statements and audit coordination, 
• Establishment and maintenance of approved rates – both internal rates and those negotiated with the federal government for sponsored research. 

Team Structure

The Controllership hub lead will have five direct reports, each responsible for specific process areas, with dedicated team members supporting them.

Leadership