UCSF Finance Service Center

The UCSF Finance Service Center (FSC) serves as a vital hub for financial operations across the University of California, San Francisco (UCSF). Its primary mission is to provide efficient, accurate, and reliable financial services to the UCSF community, encompassing faculty, staff, researchers, and students. The FSC consolidates various financial functions, striving for standardization and improved performance in areas like accounts payable, general accounting, travel and entertainment reimbursement, and procurement support. A key focus of the FSC is streamlining processes. By centralizing and standardizing financial activities, the center aims to reduce redundancy, improve compliance, and free up departmental resources. This allows departments to focus more on their core missions of research, teaching, and patient care, rather than being burdened by complex administrative tasks. The FSC leverages technology and best practices to optimize workflows, ensuring transactions are processed accurately and promptly. One of the core services offered by the FSC is Accounts Payable. This encompasses the processing of vendor invoices, ensuring timely payments to suppliers and contractors. The team within Accounts Payable handles invoice verification, coding, and disbursement, adhering to university policies and regulatory requirements. They also manage vendor relationships and address payment inquiries. Another significant function is General Accounting. This area is responsible for maintaining the university’s general ledger, preparing financial statements, and ensuring the accuracy and integrity of financial data. The team handles journal entries, account reconciliations, and financial reporting, providing valuable insights into UCSF’s financial health. They also play a crucial role in compliance with accounting standards and regulations. Travel and Entertainment (T&E) reimbursement is another critical service provided by the FSC. Employees traveling on university business can submit expense reports for reimbursement of eligible expenses. The FSC reviews these reports for compliance with university travel policies, ensuring that expenses are reasonable and properly documented. They also provide guidance to employees on travel policies and procedures. Procurement support forms another significant pillar of the FSC. The center provides guidance and support to departments in the procurement of goods and services. This includes assisting with purchase orders, vendor selection, and contract negotiation. The goal is to ensure that UCSF obtains the best value for its money while complying with university purchasing policies. The UCSF Finance Service Center is dedicated to providing exceptional customer service. The center offers various channels for accessing support, including phone, email, and online resources. The FSC staff are knowledgeable and responsive, committed to resolving inquiries and addressing concerns promptly. They strive to build strong relationships with the UCSF community, ensuring that financial services are delivered effectively and efficiently. The ultimate goal of the FSC is to contribute to UCSF’s overall success by providing reliable and professional financial services, allowing the university to pursue its vital mission of advancing health worldwide.