Carnegie Mellon University

Introduction

Finance Division

The Finance Division of Carnegie Mellon University (CMU) provides financial management, enterprise planning and stewardship in support of the education, research, and strategic goals of the university. The vice president for finance and chief financial officer and division leadership team oversee Budget and Financial Planning, the Controller’s Office, Business Systems and Services, Treasury, Procurement Services and University Audit Services. Within those units lie critical business functions including, but not limited to payroll, financial reporting, accounts receivable and payable, sponsored projects accounting, international operations, procurement, the university purchasing card and expense reporting, and financial systems (see https://www.cmu.edu/finance/reporting-units for inclusive list). In addition to stewarding the university’s $1.2 billion operating budget, members of the Finance Division share their expertise with 13,961 students and 5,701 employees.

We are proud to contribute to a top-tier global research university that has been a birthplace of innovation throughout its history.

Purpose

The purpose of the strategic plan is threefold:

  1. To set and align organizational goals and priorities with those of the university.
  2. To maintain the highest standards of service.
  3. To ensure the achievement of our goals through measurable standards.

CMU must be strategic in allocating its resources to provide the greatest return to students, faculty and the university. By providing data, insight, and analysis, we assist leadership and the university community in the financial decisions that fulfill its mission while maintaining a position of financial strength.