Name: Financial Forecasts
Place in structure: Professional Services > Finance > Financial Planning and Budget Support > Financial Forecasts
B-Floor University House
Enquiries: 01524 592086
Treasury Function / Cash Management
The underlying principle of treasury management is that the University adopts a low risk approach in managing its investments and liquidity. Whilst aiming to maximise the returns on those investments.
The management of the university's funds is subject to tight controls which include, monthly treasury meetings with the Director of Finance, monthly reporting, detailed in year forecasting and summary level long term forecasting and defined limits and rules associated with where investments can be placed.
The Office can assess the availability of liquid funds for investment through their electronic links with the University's bank. Liaison with the University's brokers' ensure the most advantageous rates are secured using approved financial instruments and counter-parties, in accordance with the University's treasury policy.
Financial Planning / Financial Forecasting
As part of the budgeting and monitoring process and to meet internal and external reporting requirements finance regularly prepare and report on a summary budget position for a rolling period of 4 years.
Capital Asset Accounting / Fixed Asset
Finance monitor and report on the costs incurred on all major capital projects.