The framework will enhance transparency, accountability and ownership of financial performance across Queen’s. Faculties and Professional Services will have increased autonomy to manage their financial performance, while addressing risks, and maximising opportunities to deliver their Strategy 2030 priorities. 

Commenting on the launch of the new Framework, Paddy Anderson, Vice-President and Chief Finance and Resources Officer, said: “We’re delighted to launch our new Financial Operating Framework.  This Framework reinforces our commitment to providing the most accurate, reliable and timely financial management information to our internal stakeholders to drive improvements in performance.  It is a proactive step in ensuring that Queen’s remains financially resilient and operates in an effective, efficient and financially sustainable way.” 

The Financial Operating Framework consists of three components designed to report on and manage financial performance: the Reporting Solution, the Accountability Framework, and Incentivisation. 

For more information on the new Framework, visit: http://go.qub.ac.uk/operatingframework