The Finance Division falls under the responsibility of the Chief Financial Officer, Muir Sanderson. It is separated into three groups: Financial Management, Financial Services and Procurement, and Financial Strategy.
Finance Division groups
Financial Services & Procurement
Responsible for:
- Receiving income and ensuring that it is appropriately attributed for its intended purposes, ensuring that all funds due to the College are collected
- Providing a framework for effective procurement of goods and services to ensure that value for money is obtained in all purchases
- Devising and maintaining payment systems for payments to suppliers, students and employees
- Managing our tax affairs within and outside the UK
- Overseeing the College's insurance and motor fleet arrangements
- Financial systems and control, finance processes and compliance with regulatory requirements
- Maintaining Imperial’s Financial Regulations
Financial Management
Responsible for:
- Formulating budgets and financial plans for approval by Provost’s Board and Council
- Preparing management accounting reports for Provost’s Board and Council
- Providing financial analysis and support to Faculties, Academic and Support Services
- Financial appraisal of new projects and developments furthering Imperial's academic mission
- Preparing Financial Statements and providing the accountancy framework within which transactions and balances are recorded and summarised
- Financial administration of endowments and trust funds, to ensure that the donor's wishes are fulfilled, including the effective investment of long-term capital assets
- Performance reporting of the Endowment and managing the Unitised Scheme through externally appointed fund managers
- Preparing the TRAC (transparent approach to costing) return and financial returns required by HEFCE
Financial Strategy
Responsible for management of borrowing and short-term investment of surplus funds
Administration
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Jane Thompson-Ambrose
Personal details
Jane Thompson-Ambrose PA to the Chief Financial Officer, Director of Financial Management and Director of Financial Services & ProcurementSend email+44 (0)20 7594 8696
Location
4th floor, Faculty building, South Kensington campus
Affiliations
Departmental Administrator (ICT, Telecoms, Safety and Car Park rep for the Finance Division)