Central Finance provides services including financial planning, budgeting, and analysis, procurement (sourcing, buying, paying), accounting, financial reporting, compliance monitoring and fraud detection, payroll, tax, treasury, and internal audit to promote good stewardship and alignment of the university’s financial resources with the mission.
Visit Financial Resources
For more information about financial guidance and support, visit Financial Resources.
Read more about the Finance Functional Leader Role.
Mission
We provide high-quality services, stewardship, and leadership to enable Yale’s mission of changing the world.
Vision
Central Finance is guided by our North Star: To enable Yale’s mission, simplify and standardize financial services in order to make life easier where everyone has a role in building a strong culture of financial integrity, insight and stewardship of Yale resources.
Values
- We Care — Display compassion, kindness and respect in order to support the well-being of the community while advancing the university mission. Our work is important to the success of the university and the wellbeing of everyone is important to our overall success.
- We Lead by Example — Be a model for others in what and how our work is accomplished. Actions speak louder than words. We cannot expect others to do something that we are unwilling to do ourselves.
- We Have the Courage to Get Better — Daring to take action toward a worthy objective in the face of perceived difficulty or risk. Finance team members are open to – and seek out – new ways of working and speak up for what they believe is the right thing for Yale.
Strategic Priorities & Initiatives
- OneFinance — This multi-year initiative will enable Yale’s mission by simplifying and standardizing financial services in order to make life easier where everyone has a role in building a strong culture of financial integrity, insight and stewardship of Yale resources.
- Integrated Source to Pay Project (IS2P)—The Yale Procurement process has historically been highly manual, with opportunities for improving transparency and controls. As a result, Procurement has launched the Integrated Source to Pay (IS2P) project. IS2P is seeking to optimize and improve the end-user experience, while increasing our ability to deliver greater savings and risk mitigation to the University. The IS2P project is part of the OneFinance initiative.