Robinson College Finance Office: A Guide
The Robinson College Finance Office plays a crucial role in managing the financial affairs of the College, ensuring its smooth operation and financial stability. Located within the College grounds, the office is responsible for a wide range of financial tasks, impacting students, fellows, staff, and external stakeholders alike.
Key Responsibilities
The Finance Office oversees all aspects of the College’s finances, including:
- Financial Accounting and Reporting: Maintaining accurate records of all financial transactions, preparing annual financial statements, and ensuring compliance with relevant regulations and accounting standards. This includes managing the College’s endowments and investments responsibly.
- Budgeting and Forecasting: Developing and monitoring the College’s annual budget, forecasting future financial performance, and advising the College Council on financial matters. They work closely with various departments to allocate resources effectively.
- Student Finances: Administering student fees, managing student accounts, processing bursaries and scholarships, and providing guidance on financial aid. They are a key point of contact for students with financial queries.
- Payroll and Expenses: Processing payroll for all College employees, managing expenses claims, and ensuring compliance with tax regulations. This includes administering pension schemes.
- Purchasing and Procurement: Overseeing the College’s purchasing processes, ensuring value for money, and complying with procurement regulations. They often work with suppliers to negotiate favourable terms.
- Cash Management: Managing the College’s cash flow, ensuring sufficient funds are available to meet its financial obligations.
Impact on Students
The Finance Office has a direct impact on students, providing support and guidance on various financial matters. Students can contact the office for information on:
- Paying their College fees
- Applying for bursaries and scholarships
- Managing their student accounts
- Understanding financial aid options
- Dealing with financial difficulties
The office aims to provide clear and accessible information to students, ensuring they are well-informed about their financial responsibilities and the support available to them.
Working with the Finance Office
Whether you are a student, fellow, staff member, or external stakeholder, the Robinson College Finance Office strives to provide a professional and efficient service. The office typically operates during standard business hours, and contact information can be found on the College website. Queries are often handled via email or telephone, and in-person appointments can be arranged as needed.
Importance to the College
Ultimately, the Finance Office is vital to the financial health and sustainability of Robinson College. By effectively managing the College’s finances, they ensure that resources are available to support its academic mission, research activities, and student life. They provide the financial foundation upon which the College’s success is built.