College departments reporting to the Vice President for Finance and Strategy include the Business Office, the College Bookstore, the Controller's Office, and Information Technology.
Finance and Strategy
College departments reporting to the Vice President for Finance and Strategy include the Business Office, the College Bookstore, the Controller's Office, and Information Technology. Fiscal operations and budgetary functions are coordinated through a combined effort of these units in order to meet the college's mission.
We are excited to share with you an initiative that the Finance and Strategy division has tirelessly worked on over the past year. The Chart of Accounts (COA) is the backbone of CCRI’s financial structure. As institutions evolve and new best practices are developed, it becomes essential to update the COA.
Currently, the college uses a six-part alphanumeric sequence in the Banner financial system. Starting in early October 2020, the college will be moving to a six-part all numeric sequence. This will lead to improved financial reporting, easier maintenance, and greater budgetary transparency. Those who have financial responsibilities in their department or division may be impacted in some way. However, we anticipate that any impact on the college community will be minimal.
In the coming weeks, Finance & Strategy will be distributing information on what changes to expect, as well as launching an informative website with resources, videos, and FAQs. Should you have any questions during this enhancement of the college’s financial structure, please email [email protected]