About University Budget
University Budget provides leadership for biennial budgeting in alignment with the state of Minnesota, creating the annual operating budget of the University of Minnesota, monitoring institutional and unit level financial activities and management, and financial planning, forecasting, analysis, and oversight.
Vice President & Budget Director
Julie Tonneson is vice president and budget director and has served in a university-wide role in budgeting at the University since 1993.
About University Finance
University Finance provides leadership and accountability in areas such as debt management, tax management, insurance, accounting, purchasing and payables, accounts receivable, financial reporting, travel and expenses, internal and external sales, and oversight and support of financial systems. U Finance is also responsible for short- and long-term financial planning, forecasting, analysis, management, and financial oversight of the University of Minnesota in partnership with U Budget.
Associate VP & Assistant CFO
Michael Volna is associate vice president and assistant chief financial officer and has served in many leadership roles at the University since 1992, including 16 years as controller.
Units Reporting to U Finance
- Controller's Office, Mollie Viola (AVP & Controller)
- Accounting Services, Lori Standafer (Director)
- Accounts Receivable Services, David Laden (Director)
- Finance Operations Center, and EFS Customer Support, Carrie Meyer (Director)
- EFS Module Support, Dan Hemauer (Director)
- Communications & Financial Training, Esther Jordan (Manager)
- Internal/External Sales, Mollie Viola (Director)
- Purchasing Services, Beth Tapp (Director)
- Sponsored Financial Reporting, Nicole Pilman (Director)
- Debt Management, Arcelia Detert (Director)
- Institutional Analysis, Lincoln Kallsen (Assistant Vice President)
- Enterprise Constituent Relationship Management (CRM), Carrie Otto (Associate Director)
- Enterprise Data Management and Reporting (EDMR), Amy Schult (Director)
- University Survey and Assessment Services, Mark Miazga (Director)
- MyU Portal, William Dana (Director)
- University Data and Institutional Reporting (UDIR), Colin Delong (Director)
- Risk Management and Insurance, Melissa Cudzilo (Director)
- University Tax Management Office, Kirsten Muller (Director)
FinMAC, the Financial Management Advisory Committee
The Financial Management Advisory Committee is a standing committee that advises both University Budget and University Finance.
NACUBO/CACUBO Membership
University Finance maintains a membership in NACUBO for all staff across the University of Minnesota. This includes automatic membership in CACUBO. All RRC Contacts, CFMs, department heads, and senior leadership of the University are automatically registered and remain on the list until they leave the University unless they remove themselves before that time. Registered members may access their membership at nacubo.org using their @umn.edu email address as the User ID. First-time users may be prompted to set up a password for their account.
All University staff who work in finance areas and are interested are encouraged to use the membership to obtain subscriptions to free NACUBO newsletters and Business Officer Magazine, receive discounts on conference registrations, and access NACUBO publications.
To request registration as a NACUBO member, send an email to [email protected].