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Finance

The Finance Department of the Research Institute is responsible for managing the overall accounting, treasury, financial reporting and financial services operations of the organization. This includes:

Managing internal controls to mitigate risk

Creating and presenting financial status and financial condition reports to internal and external parties

Ensuring that the official accounting records of the Research Institute are up-to-date and accurate

Safeguarding the assets of the Research Institute to minimize risk of financial loss

Developing and maintaining robust accounting systems and reporting tools to provide high-quality financial information that supports the Research Institute's mission

Most of the Research Institute's operating funds come from endowments, philanthropic gifts and grants/contracts from federal, state and clinical sponsors.

The Finance Department also supports researches with service functions such as:

Proposal and budget development assistance

Proposal review, sign-off and transmission

Grant and contract negotiation and acceptance

Subcontract preparation and administration

Post-award reporting

Award close-out

Policy development and coordination

Research activity and associated reports

Accounting compliance

Negotiating the Research Institute’s federal indirect cost recovery rate

Providing accounting support to the PAMF’s Philanthropy Department

For more information, email Mark McLaughlin, director of Finance, or call him at 650-853-4827.