The mission of University Financial Services is to ensure the fiscal integrity of the University and its assets while providing the highest quality fiscal services to our diverse and dynamic campus community, in support of academic excellence.
Claire Burlingham, University Controller
We strive as a team to provide reliable, relevant information to our internal and external constituencies in a timely fashion, in an ethical and professional manner.
This mission will be accomplished through the prudent guidance and management of the University’s resources and services, appropriate levels of internal controls, excellence in technology and innovation, leadership, and spirited teamwork.
Cost Accounting Services provides primary oversight and support services for the following: effort management and reporting, University cost accounting standards (direct vs. indirect), rate development and negotiations with the federal government, and movable equipment stewardship.
Michael Meunier, Assistant Controller for Cost Accounting Services
The Disbursement Center is responsible for payables (invoice processing, check requests, voucher entry, payment inquiries), PurCard program management, and travel and expense reimbursement.
Erin Fitzgerald, Director of the Disbursement Center
Financial Reporting & Accounting Services is responsible for producing the University of Vermont’s financial statements, which present fairly, in all material respects, the financial position of the University in conformity with U.S. Generally Accepted Accounting Principles (GAAP). FRAS oversees the accounting and reporting for the University's investments, and administers non-sponsored/non-student accounts receivables.
Lindsey Donovan, Assistant Controller for Financial Reporting and Accounting Services
The Payroll Services team provides support for UVM faculty, staff, and student employees in navigating the payroll process while ensuring compliance with local, state and federal agencies’ laws and regulations. Payroll Services implements and ensures the minimum wage standard within PeopleSoft, monitors time submission and approvals for non-exempt employees to ensure FLSA compliance, and processes overtime and comp time exceptions accurately and timely.
The Tax Services team remits payroll tax withholding and prepares associated federal, state and local tax filings; manages the University’s nonresident alien tax compliance program; coordinates sales and use tax reporting; and compiles the University’s unrelated business income tax return.
Penny Cayia, Director of Payroll & Tax Services
Purchasing Services focuses on strategic sourcing and leveraging UVM’s purchasing power to reduce costs for University departments. In addition, this office is responsible for purchase order processing, Requests for Proposal (RFP) management, and contract review.
Natalie Guillette, Director of Purchasing Services
Treasury Services manages the University’s banking relationships; monitors daily depository account activity; oversees the recording of cash receipts to general ledger; supports issuance of new debt; and facilitates payment of debt service to, and drawdown of capital project funds from, bond trustee, as well as post-issuance bond compliance.
Bonnie Cormier, Director of Treasury Services