Financial Affairs Main Page
UAB Chief Financial Officer
Accounts Payable
Administrative Systems Training
Budget Administration
Contracts & Vendor Compliance
Cost and Space Analysis
Equipment Accounting
Financial Accounting
Financial Review Services
Payroll Services
Student Accounting
Tax Services
University Purchasing
Object Code Search
Policies & Guidelines
Reports & Publications
Resource Links
UAB Financial Affairs
University of Alabama at Birmingham
701 20th Street South
921 Administration Building
Birmingham, AL 35294
Search Financial Affairs UAB Home UAB Directory UAB Calendars

treasury   /  Treasury/Cash Management Overview

Treasury / Cash Management

     The Treasury/Cash Management Department manages and invests UAB's daily operating funds. Cash Management is defined as the systematic gathering of information about UAB's collections, disbursements, cash balances, and the use of that information to manage the daily available funds effectively. Cash Management is a subset of Treasury Management which incorporates the tasks of providing funds and funding to the organization and attempting to influence the elements of working capital for the purpose of increasing UAB's liquidity.

     All funds are invested within guidelines developed and approved by the Board of Trustees of the University of Alabama System. The Board of Trustees oversees all investment activities, monitors investment performance, and insures the prudent control of the investment of funds for the University through the System Investment Manager. Treasury/Cash Management works in conjunction with the System Investment Manager to accomplish the investment goals of the System Board of Trustees for the University.

Electronic Transfers

The UAB Treasury/Cash Management staff:

  • Is responsible for the daily liquidity requirements for the University (e.g. create a daily cash position).
  • Tracks cash flow and maintains a database for historical reference and for cash forecasting.
  • Verifies that the various bank relationships are covered under the SAFE Act.
  • Initiates ACH, Fed Wire, US dollar foreign electronic funds, foreign exchange electronic transfers, and foreign currency drafts.
  • Identifies all incoming credits and distributes them to the appropriate person for entry to the general ledger.
  • Reviews bank fees.
  • Maintains contact and relations with the various banks and brokers.
  • Responsible for bank documentation (e.g. new accounts, bank agreements, etc).
  • Works with the UAB Development Office to coordinate the sale of gift stock.
  • Invests UAB's operating funds.
  • Provides consulting expertise on treasury/cash management issues.
  • Balance Management.
  • Gift card process for study participants.
© Copyright 2007 UAB Financial Affairs    All Rights Reserved
Web Development by Infomedia