The Division of Financial Affairs Implementation Steps

Following are the steps to be taken by the Division of Financial Affairs to facilitate unit implementation:

• Develop baseline transaction data.
• Deans and vice presidents agree on target staffing by organization.
• Develop generic position descriptions and responsibilities.
• Review processes and clearly identify accountabilities and responsibilities.
• Develop staffing metrics for centers.
• Develop central finance staffing plan.
• Develop service contract template between center and department, including performance expectations and metrics.
• Update financial policies to incorporate new responsibilities and accountabilities.
• Develop central business service center operating plan for small units.
• Develop service center training program.
• Develop balanced scorecard measurements.
• Begin mini-center and senior financial officer meetings.
• Develop unit implementation schedule identifying major milestones.