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Chatting with Associate Vice Chancellor Dana Harris

Finance Division Communications

A group of employees joining hands in the backgorund with the NC State Finance Division logo in the foreground

Apr 22, 2023

Meet the Financial Reporting Team

Written by Jennifer Brady. The Financial Reporting Team, a unit within the Controller’s Office, consists of dedicated and professional staff who provide comprehensive and accurate financial information to the university at large, to federal and state governments and to other institutional stakeholders.   Our team is committed to meeting all compliance reporting requirements, providing sound financial…
Justo Torres, Director of the Office of Contracts and Grants, on a Coast Guard vessel

Mar 23, 2023

Chatting with Director Justo Torres

Written by Tabitha Groelle. As we continue our Chatting series, I met with Justo Torres, Director of the Office of Contracts and Grants. Contracts and Grants has been part of the Finance Division since July 2016.  Justo is a quiet, laid back person that seems very unassuming. I got to know him a little better. …
Wooden blocks sitting on a desk with notebooks. Three blocks are stacked and spell out RFP.

Mar 23, 2023

When do I submit an RFP?

Written by Kristen Shelton. At NC State, there are several methods for departments to purchase goods and services for their business needs. These methods are listed below, ranked in order of preference: Before You Buy Before purchasing goods or services, we recommend following these visual guides to determine the most appropriate method.  If the complex…
A desktop covered in papers, charts, and graphs, along with a pen, stapler, calculator, and glasses. A business report is in the center.

Mar 23, 2023

Review Funds Building to Endowment

Written by Emily Lowman. Funds building to the minimum endowment level (BTE funds/BTEs) should be regularly reviewed by colleges and units to monitor progress toward reaching the minimum within the allowed time frame. Foundations Accounting and Investment’s (FAI) Funds Building to Endowment Report is available to assist with that review. In general, donors are allowed…
A laptop computer with the Interdepartmental Transactions Manual displayed on the screen.

Mar 23, 2023

New Resource: Interdepartmental Transactions Manual

Written by Jennifer Bell. The University Controller’s Office is proud to announce a new resource that we hope will be helpful for current and new business leads: the Interdepartmental Transactions Manual. This new resource has been developed to assist departments and colleges in:   The manual also provides the dos and don’ts when using IDTs to…
A cup of coffee, sticky notes, pen, cell phone and tablet on a wooden table. The cell phone and tablet have the Finance Division Knowledge Base open.

Mar 23, 2023

How Are Payments from Federal Sponsors Managed?

Written by Justo Torres, Director, Contracts and Grants. Principal Investigators (PIs) or department/college administrators of a federal contract or grant often say, “I keep hearing terms like invoicing, drawdown, revenue, cash and receivables. I am totally confused and I don’t know what my responsibility is.”  When we hear questions like How are payments from federal…
A piggy bank wearing sunglasses sits on a blanket made of money under an umbrella on the beach.

Mar 23, 2023

Summer Salary Training

Written by Justo Torres, Director, Contracts and Grants. Despite current cold temperatures, it is once again time to think about summer….salary, that is. The Office of Contracts and Grants, in partnership with the Office of Research and Innovation and University Human Resources, has once again launched the required Summer Salary Training for initiators, approvers and…
A burlap sack labeled "DEPOSIT" sits next to a wooden toy bank and gold coins.

Mar 23, 2023

Daily Deposit of Funds

Written by Maria Brown. Did you know? Per NC State REG 07.30.02, all receipts must be deposited in compliance with North Carolina General Statute 147-77. This statute requires that all revenues and receipts collected by a state agency be deposited no later than the next business day, following the date of collection, unless the amount…
A group of employees joining hands in the backgorund with the NC State Finance Division logo in the foreground

Mar 23, 2023

Meet the Contracts and Grants Operations Team

Written by Justo Torres, Director. Contracts and Grants (C&G) is a central administrative unit that partners across the university to manage the post-award financial processes of externally-funded contracts, grants and/or cooperative agreements (collectively known as awards). In furtherance of that mission, C&G is divided into two primary areas of responsibility: Operations (currently being rebranded as…
Dana Harris, Associate Vice Chancellor, Finance and University Treasurer

Feb 28, 2023

Chatting with Associate Vice Chancellor Dana Harris

Written by Tabitha Groelle. If you have read the press release or other university communication, you already know that our new associate vice chancellor for finance and university treasurer, Dana Harris was at UNC Wilmington for 18 years. Before that, she was with the North Carolina State Auditor’s Office. AVC Harris and her family have…