309.1 Vice President for Business Affairs

309.1 Vice President for Business Affairs

A. Background

The President's administration of the university is largely through several vice presidents, one of whom is responsible for business and financial affairs.

B. Policy

The Vice President for Business Affairs has responsibility for university-wide business and financial matters. He or she is delegated the authority to perform this function within the framework of university-wide policies and procedures and specific authority set by the Board of Trustees and its committees.

C. Guidelines

1. The Vice President for Business Affairs is a professional position reporting to the President.

2. The responsibilities include:

• supervising the Director of Administrative Services, the Controller/Director of Financial Services, the Director of Facilities Services, the Director of Budget Services, and the Director of Timmons Arena in a manner whereby their goals and responsibilities are met;
• providing leadership in the financial planning for the university;
• developing business and financial projections of the university;
• developing business and financial policies for the university;
• providing counsel and advice to the President as requested and as needed;
• maintaining a high level of personal expertise in the field through reading, attending informational meetings, and research, and translating this information into achieving a level of excellence in the areas of his or her responsibility;
• supporting other members of the administration in an appropriate manner;
• providing reports as appropriate to keep the President and Board of Trustees informed as to the operations of the business affairs units and the financial position of the university; and
• developing income-producing projects for the university.

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