A financial manager has overall responsibility for financial activities for an organization, group, or department.
What is the difference between a financial manager and other functions?
Financial manager is a bundled function, which means multiple business functions are automatically included when financial manager status is assigned to an individual user. Financial manager includes the following functions:
What else can a financial manager do?
Approve security requests for a specific organization, group, or department
Request new ChartFields (including new programs)
Who should be assigned this function?
An academic or administrative manager, business manager, grants manager, or an individual who serves as a backup for any of these roles should be assigned the financial manager function. It is expected that this function is limited to a small number of individuals in any specific organization or group.
What can a financial manager see in an Information Warehouse Report?
What a financial manager can see is controlled by their ChartField security assignment. An academic or administrative manager for a specific organization or group, by default, will be provisioned to see all programs within a specific organization, group, or department. Generally, they should be provided all department ChartField security access as well.
Courses available for Financial Managers
Please refer to the course list for other functions to identify those courses specific to Financial Managers.
What is the appropriate approval threshold for a financial manager?
All financial managers are approvers. Each department should determine the appropriate approval threshold. Remember, approval threshold assignments directly impact how many transactions users see in their work lists in Prime Financials. A Director may choose to see only Level 4 transactions (>$25,000) and leave approval of Levels 1-3 to a manager.
To which systems does a financial manager typically have access?