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Our Mission

Reporting to the Assistant Vice President for Financial Operations (AVPFO), Financial Reporting & Operations (FR&O) is responsible for financial reporting, tax compliance, contract management, payment card compliance, financial transaction processing, account reconciliations, accounts receivable, fixed asset accounting, investment and endowment accounting, and debt accounting.  This office provides financial and administrative leadership, strong internal controls, and services of the highest quality to the University community.  FR&O ensures that the official accounting records of the University are up-to-date and accurate, and assists faculty and staff with financial transaction processing, account reconciliations, and funds transfers.  The accurate accounting data our staff maintains is essential to ensuring the University's internal and external financial reports are accurate, complete, and timely.  FR&O manages accounting, donor restrictions, and semi-annual endowment distribution for over 2,000 individual endowment accounts.  We prepare the University's primary tax return, as well as 200 endowment returns, and 900 operational contracts.  Out of this office, $85 million in cash, check and wire payments are processed, as well as $75 million in departmental deposits and $6 million in expenditure credits.  

Read about UVAFinance's mission here.


Ethics

University Code of Ethics and Mission Statement

Department of Accounts (DOA) Code of Ethics

National Association of College and University Business Officers (NACUBO) Code of Ethics