Ohio Administrative Code
Title 3359 - University of Akron
Chapter 3359-3 - University Finances
Section 3359-3-01 - The office of finance and administration
Universal Citation: OH Admin Code 3359-3-01
Current through all regulations passed and filed through September 16, 2024
(A) President of the university. As specified in rule 3359-1-05 of the Administrative Code, the president is executive head of all university colleges, branches, schools and departments, possessing duties, responsibilities and powers as delineated in the rules of the university of Akron.
(B) Senior vice president and chief financial officer.
(1) The senior vice president and chief
financial officer shall be appointed by the board or
the board's designee(s) upon recommendation of the president; shall hold
office at the discretion of the president; and shall report to the president
consistent with the administrative reporting line then in effect.
(2) The senior vice president and chief
financial officer shall be responsible for oversight and management of
functions encompassed by the division of finance and administration, including
all fiscal operations, financial planning and budgeting and such operational
functions of the university as assigned, consistent with university rules and
policies or as directed by the president.
(3) The senior vice president and chief
financial officer shall:
(a) Oversee, in
consultation with the finance and administration committee of the board, the
investment and management of university assets, including real
estate;
(b) Prepare the annual
budget;
(c) Oversee the collection
and reporting of financial and operational data required for accreditation,
compliance, assessment, budgeting and planning;
(d) Oversee university administrative
departments and offices, consistent with university rules and policies or as
directed by the president;
(e)
Execute contracts on behalf of the university, consistent with university rules
and policies; and
(f) Perform other
such duties as may be assigned by the president.
(C) The senior vice president and chief financial officer shall have the authority to organize and staff the division of finance and administration to meet its operational responsibilities, consistent with university rules and policies and the authority of the president.
Disclaimer: These regulations may not be the most recent version. Ohio may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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