It comprises a range of financial operations including payments services, financial assurance services, financial planning and analysis, financial reporting and systems, pensions, procurement, research accounts, and treasury. As an organisation, we have a large variety of roles, ranging from administrative support roles to senior specialists. Find current vacancies.
Managing the University’s financial transactions is a shared task between the University’s departments and the central finance function. Departments carry out the majority of their transactions locally: they take procurement decisions (ie decisions on what, when and for how much to buy products and services); they may process supplier invoices (although the majority of invoices are processed centrally); and they manage most of their financial reporting and their budgets. In this sense, Oxford manages its finances in quite a decentralised manner. The overall financial figures are reported centrally in the annual Financial Statements.
The Colleges are financially autonomous and publish their own annual financial statements.