Administration and Finance (A&F) supports the University’s mission of excellence, accessibility and affordability by understanding and serving the financial and administrative needs of the UMass community. The A&F team’s primary goal is to ensure resources are being used in the most efficient and effective manner.
Leading the strategic review of key A&F processes to increase the availability of quality data, improve services and maximize resource efficiencies is a fundamental aspect of the A&F shared services model.
Through partnerships, the A&F team leads university-wide planning efforts and acts as the central liaison between the Board of Trustees and the campus A&F teams. A&F works closely with the Trustees on financial planning and forecasting, risk management and policy-making with the goal of preserving the University’s long-term stability. We support the preparation and dissemination of key financial and performance metrics that monitor progress toward our desired objectives. Collectively, this data supports the creditworthiness of the University.
The Administration and Finance (A&F) team, which includes Treasury, Insurance and Operations, Budget and Planning, Controller’s Office, Enterprise Risk Management, Human Resources and the Unified Procurement Services Team (UPST), serves the financial and operational needs of the University.
The University Budget Office leads the development of the $3+ billion annual operating budget, the $3+ billion capital plan, and the 5-year financial forecast for the university.
The University Controller’s Office is responsible for the financial records of the University, and for internal controls related to accounting and financial reporting.
Enterprise Risk Management Program
The University’s System-wide Enterprise Risk Management Program guides activities across the system to identify, assess and mitigate risks that may impact the University’s operations, finances, or reputation, impede strategic initiatives or adversely affect the health and safety of our campus communities.
The University Human Resources Department works in collaboration with the campus Human Resources teams. They develop and implement policies and practices across the full range of HR functions.
Innovation and Operational Services
The A&F Innovation and Operational Services Department works across all administration and finance functions to support innovation and operational improvements. The team uses a combination of business analysis, project management, and technology to help A&F departments improve operations and implement new initiatives.
The University Payroll Office provides system-wide payroll information and services in collaboration with campus payroll departments.
The University Office of Treasury, Insurance and Operations strives to create efficient and effective financial solutions by partnering with the University community. The office provides comprehensive treasury services, including banking services, cash management and tax guidance, to all five campuses.
Unified Procurement Services Team
The University Unified Procurement Services Team (UPST) provides procure-to-pay services to all campuses through 3 divisions: Procurement Operations, Strategic Procurement, and Service and Quality Assurance.