The Office of University Controller [OUC] oversees five key financial programs for the University: Accounting and Financial Reporting, Treasury and Cash Management, Investments, Procurement and Information Technology [IT] Support. As such, it is responsible for managing the financial and business matters for the University, including the Central Office. In this regard, OUC does the accounting, purchasing and banking functions for central office departments and provides guidance to the University community on practices and policies on these and other financial topics and issues. The OUC prepares CUNY’s annual consolidated financial statements and disburses financial aid funds – Federal, City and institutional – to the University’s students. It also supports, through system maintenance and enhancements, several University legacy financial systems and the financial module of the new CUNYfirst ERP system. With respect to CUNYfirst, the OUC serves as process owner for the General Ledger (GL), Procurement (purchasing, accounts payable and expenses) and most of the other financial modules of the new ERP system.
The aforementioned financial programs -- Accounting and Financial Reporting, Treasury and Cash Management, Investments, Procurement, and Information Technology (IT) Support – also represent the operating units of the OUC and they report to the University Controller and Deputy Controller. OUC staff interacts on a daily basis with staff within the University, in the State and the City, other agencies, as well as the business community at large to insure progress in meeting the University’s goals and objectives and to further its mission.