Responsibilities of the Chief Financial Officer


The Chief Financial Officer (CFO) represents AUI in interactions with Government agencies and outside organizations, and with AUI’s operating units. The CFO ensures that the annual audit is performed in accordance with Title 2 CFR Part 200 (Uniform Guidance) and other regulatory standards. The CFO participates in the development of new business and assesses the financial elements of prospective contracts, and provides oversight of the organization’s investments. Other key responsibilities are as outlined below:

Strategy and Leadership

  1. Serves as part of the senior management team and collaboratively works to develop and execute organizational strategic goals and objectives.
  2. Provides strategic guidance to the senior management team and operating units on financial planning and fiscal management.
  3. Serves as the financial liaison to the Board of Trustees, including its Audit Committee, Operations and Administration Committee, and other committees as appropriate, and effectively communicates and presents critical financial matters to Board and committee meetings.
  4. Operates as the key interface with AUI operating unit management, currently including NRAO, LBO and GBO, on financial and accounting matters, and is responsible for ensuring consistency in the application of AUI business policies and procedures and research center compliance with legal and regulatory standards.
  5. In conjunction with the AUI President and senior management, sets the organization’s “tone at the top” to ensure all financial policies and procedures are properly implemented and adhered to by all AUI and operating center staff.
  6. Develops and utilizes forward-looking, predictive models and activity-based financial analysis to provide insight into the organization’s operations and business plan.
  7. Manages risk in setting and achieving AUI financial objectives.
  8. Evaluates new business plans and proposals, on an individual basis and in relation to AUI’s strategic direction.
  9. Supervises the AUI Controller, who directs all day-to-day finance operations for AUI with an annual budget of approximately $100 million and who supervises a team of approximately ten (10) staff members.

Financial and Operational Management

  1. Oversees the integrity and efficiency of financial management operations and reporting systems.
  2. Ensures compliance with Generally Accepted Accounting Principles and regulatory requirements.
  3. Develops, evaluates and maintains current policies and procedures related to financial management and makes improvements necessary to improve the overall efficiency and effectiveness of the organization.
  4. Optimizes existing business processes and initiates appropriate strategies to enhance them.
  5. Develops and maintains tools and systems to provide critical financial and operational information.
  6. Maintains sound financial and internal control structure.
  7. Coordinates all audit activities.
  8. Oversees budget formulation and implementation so as to monitor actual activities and develops financial metrics.
  9. Ensures the reliability and integrity of the information provided via our financial management systems, so that they facilitate effective and efficient decision-making and reporting at all organizational levels.
  10. With the Controller, develops a strong fiscal team, overseeing priority setting and work allocation, training, problem resolution, and performance evaluation, and builds an effective team dynamic with financial and administrative staff across the operating units.
  11. Oversees prepares and submits timely monthly and annual financial reports, annual financial statements and federal audits, and internal audits.