Finance and Business Operations
The UMIT Finance and Business Operations team is responsible for all the day-to-day accounting functions and activities of the UMIT department, and ensures compliance with University financial policies and procedures.


This unit is responsible for:

  • Monthly financial forecasts
  • Variance reports
  • Account monitoring and reconciliations
  • Inventory accounting
  • Collections
  • Hardware & Software procurement for the University
  • Purchasing, including and tracking the process flow from the creation of purchase requisitions through the payment of invoices
  • Negotiation of contracts, which are then communicated to General Counsel for their review and revision, and then sent to Purchasing for execution and renewals
  • Budget development and monitoring
  • Financial modeling for Telecommunication rates and projects
  • Billing
  • Facilitate space planning, relocations, and renovations
  • Process all business reimbursements (BERF), interdepartmental requisitions (IDR), check requisitions, and other payment requests
  • Reimbursement for business-related travel and conferences