CSUDH Finance Department

The California State University, Dominguez Hills (CSUDH) Finance Department plays a critical role in the university’s fiscal health and operational efficiency. It oversees all financial matters, ensuring responsible management of resources and adherence to relevant policies and regulations. The department is responsible for a wide range of functions, from processing student payments and disbursing financial aid to managing the university’s budget and preparing financial reports.

Key Responsibilities

The department’s core responsibilities can be broadly categorized as follows:

• Budgeting and Financial Planning: This involves developing and managing the university’s annual budget, forecasting future financial needs, and allocating resources effectively across various departments and programs. They work closely with university leadership and other stakeholders to align the budget with the university’s strategic goals.
• Accounting and Financial Reporting: The department is responsible for maintaining accurate financial records, preparing financial statements in accordance with Generally Accepted Accounting Principles (GAAP), and complying with reporting requirements mandated by the California State University (CSU) system and other regulatory bodies.
• Student Financial Services: This crucial function includes processing student tuition payments, administering financial aid programs (including grants, loans, and scholarships), and providing billing and payment support to students and their families. The goal is to ensure students have access to the financial resources needed to pursue their education.
• Procurement and Accounts Payable: The Finance Department manages the university’s procurement processes, ensuring that goods and services are acquired in a cost-effective and compliant manner. They also handle accounts payable, processing payments to vendors and suppliers for goods and services rendered.
• Payroll Services: They are responsible for accurate and timely payroll processing for all university employees, including faculty, staff, and student workers. This includes calculating wages, withholding taxes, and administering employee benefits.
• Cash Management: The department manages the university’s cash flow, ensuring that sufficient funds are available to meet operational needs while maximizing investment returns.

Importance to the University Community

The Finance Department is integral to the smooth functioning of CSUDH. Students rely on the department for financial aid and assistance with tuition payments. Faculty and staff depend on the department for accurate payroll and procurement services. The university administration relies on the department for sound financial management and strategic planning. A well-functioning finance department is essential for supporting the university’s mission of providing quality education and conducting impactful research.

Contacting the Finance Department

Information regarding the Finance Department, including contact details and specific services, is usually available on the CSUDH website. Specific departments like Student Financial Services, Procurement, and Payroll often have their dedicated sections on the website with detailed information and contact information.