Administrators should check that they know the answers to the following:
|1.||Do I have to produce anything as part of the Planning Round? If so, what and by when?||Your Finance Manager|
|2.||Do I know what parts of my department's Chest budget I am responsible for?||Your Finance Manager|
|3.||Do I know the major non-Chest financial areas within my department?||Monthly financial reports provide an indication and your Finance Manager can advise.|
|4.||Do I have budgets for the streams of non-Chest activity in my department?||Your Finance Manager|
|5.||Where PIs expect my support in monitoring their grants, have they copied me in on grant awards and contracts details?||ROO can provide details if necessary.|
Do I review financial reports regularly?
It is best practice to do this at least monthly. Some examples of areas to look at include.
Has the Other teaching budget been exceeded?
Has the budget for unpaid leave of absence been transferred to the unpaid leave of absence account for all relevant academic staff, if relevant?
Non recurrent grants:
Unpaid leave of absence funds:
Dual funding support target:
Are there sufficient resources to cover the cost (plus associated FWP overheads if appropriate) of all posts funded on non-Chest money?
If you are new and/or require assistance, contact your Finance Manager