Finance Office – Anglia Ruskin University

The Finance Office at Anglia Ruskin University (ARU) is responsible for managing the financial affairs of the institution, ensuring financial stability and compliance with regulations. It plays a crucial role in supporting ARU’s strategic goals of providing high-quality education, conducting impactful research, and contributing to the community.

Key Responsibilities

• Financial Planning and Budgeting: The Finance Office develops and manages the university’s annual budget, working with different departments to allocate resources effectively. This involves forecasting income and expenditure, monitoring budget performance, and providing financial advice to senior management.
• Financial Accounting and Reporting: Accurate and timely financial reporting is essential for transparency and accountability. The Finance Office prepares the university’s financial statements in accordance with accounting standards and regulations. It also handles tax compliance and ensures adherence to internal financial controls.
• Student Finance: A significant portion of the Finance Office’s work involves managing student finances. This includes processing tuition fees, disbursing student loans and grants, and providing advice to students on financial matters. The office also manages scholarships and bursaries awarded by the university.
• Procurement and Payments: The Finance Office oversees the procurement process, ensuring that goods and services are purchased efficiently and cost-effectively. It also processes payments to suppliers and employees, adhering to established procedures and controls.
• Treasury Management: This involves managing the university’s cash flow, investments, and debt. The Finance Office aims to maximize returns on investments while minimizing risk and ensuring that sufficient funds are available to meet the university’s obligations.
• Research Grant Management: ARU is actively involved in research, and the Finance Office plays a vital role in managing research grants. This includes ensuring that research projects are financially viable, monitoring expenditure against grant budgets, and complying with the funding agencies’ requirements.

Contacting the Finance Office

Students and staff can contact the Finance Office through various channels:

• Online: ARU’s website provides access to online resources, including FAQs, forms, and contact details.
• Telephone: A dedicated phone line is available for general inquiries and support.
• In Person: Depending on the campus, in-person assistance may be available at designated Finance Office locations. Students are advised to check the website for opening hours and appointment booking information.

Commitment to Efficiency and Transparency

The Finance Office is committed to continuous improvement and strives to provide efficient and transparent financial services to the university community. It actively seeks feedback from stakeholders to identify areas for improvement and adopts best practices in financial management.

Important Information for Students

For students, the Finance Office provides critical support regarding tuition fee payment, student loans, scholarships, and bursaries. It is essential for students to familiarize themselves with the university’s financial policies and procedures, which are available on the ARU website. Timely payment of tuition fees is crucial to avoid late payment penalties and ensure continued access to university resources.