The Controller has a broad scope of responsibility for ensuring the integrity of the University's consolidated financial statements and underlying accounting records and for overseeing financial operations. The University of Michigan is a national model of a complex, diverse and comprehensive public institution of higher learning. It operates with a balanced budget, ranks second among all U.S. public and private universities in research expenditures, and recently received a Moody's Aaa bond rating. A July 2000 report published by the University of Florida's Lombardi Program on Measuring University Performance ranked Michigan as one of four top public American research universities. Students come from all 50 states and over 100 other nations.
Admissions are very selective.
The University of Michigan is a rich environment where students, faculty and staff continually learn and challenge themselves as they come into contact with people, cultures and ideas from all over the world. The Controller reports to the Associate Vice President for Finance who reports to the University's Executive Vice President and Chief Financial Officer. Ensure that financial statements are prepared on time and in accordance with generally accepted accounting principles, including applicable GASB and FASB statements. Play a leadership role in developing national accounting policies that affect the University, such as the development of GASB and FASB statements and federal indirect cost recovery rates. Provide University-wide leadership in the area of transaction processing to ensure that financial transactions are recorded in a manner that provides data availability, consistency and integrity for management and financial reporting.