Finance Service

The Finance Service is a key support service for the University, providing all the core finance functions, including procurement as well as liaison with the Funding Councils and other regulatory bodies, student number planning, provision of management information, ensuring compliance with data protection and Freedom of Information requirements, management of student/teaching exchange programmes and international links, liaison with the City Council and regional bodies, together with management of two of the University's core IT systems (finance and student records).

Areas covered by the Service

The sections within Finance are as follows:

Accounting Operations

  • Cash office
  • Sales ledger (student accounts)
  • Payroll
  • Purchase ledger.

Accounts

  • Financial accounts and
  • Management accounts
    for SSU and its subsidiary companies, including all company secretarial duties, and dealing with investment management; provision of financial/management information; liaison with external and internal auditors, plus financial and legal advisers; and liaison with all relevant statutory bodies and third parties regarding the above, including Customs & Excise, DHSS, Inland Revenue, TPS/TSS, HCC/LGSS etc.

Planning

  • Academic planning and compliance
    including curriculum structure; fees booklet and student records; student and staff exchange programmes; international, regional and city links in order to support academic planning and identify funding/collaborative opportunities; compliance with Data Protection, Freedom of Information, Bologna process, Erasmus University Charter Status etc.
  • Corporate planning.
    Responsible for statutory and Funding Council returns, including liaison with the Funding Councils and all relevant statutory bodies and third parties regarding these returns, plus student and financial planning.

Procurement

  • Streamlining processes and practices to obtain VFM for the University.
  • To be part of the University's Consortium groups for best practice.
  • Ensure all purchase orders are complied with the University's financial regulations.
  • Tenders and Contracts to comply with EU directives regarding financial limits and procedures.

Systems

  • Information Systems.         
    Management of the finance and student record systems, including cross-University user support.

Contact

Telephone: 02380 319538
E-mail: finance@solent.ac.uk|

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