Administration & Finance

We help CFOs and senior leadership teams address increasing cost pressures and growing regulatory and compliance requirements. This includes a detailed assessment of the opportunities and risks that come with rapidly changing technology. Taking a holistic approach to problem-solving, we work collaboratively to enhance operational efficiency and financial effectiveness across your entire institution.

Our practitioners have extensive experience helping colleges and universities develop fiscal processes and tools to pursue strategic objectives while maintaining a solid financial foundation. We can also work with you to evaluate and integrate enterprise technologies that improve performance and facilitate management control. Leveraging cross-disciplinary experience, we can help you:

• Improve operating margins by containing costs while developing strategies for future growth and development
• Link short-term financial metrics and decision-making processes with long-term strategic, operational, and transformational objectives
• Implement enterprise systems to hit financial targets and support decision-making in a rapidly changing environment
• Explore potential collaboration and/or strategic alliances

It is vitally important to identify the most valuable and effective uses of institution facilities and campus space. We work with institutions to create campus management strategies and provide capital project management capabilities that best meet the needs and demands of your campus and community. Our team has deep experience working with higher education institutions across the capital projects life cycle. Deloitte can help optimize existing infrastructure and facility resources while helping institutions make informed planning and budgeting decisions for improved ROI.

The complexity of higher education tax structures leads many institutions to mistakenly pay indirect taxes they don’t owe, particularly in multistate and international campus locations. These typically include sales, excise, and VAT taxes paid in the purchase of telecommunications equipment, IT infrastructure, fuels, and utilities. To recover these much-needed funds, we help you:

• Determine the nature and extent of erroneous payments
• Prepare a refund claim
• Support your institution through the monetization of the claim

We also work with institutions and systems to proactively address processes and conditions that frequently lead to overpayment, reducing the risk of future overpayments.

Our audit and assurance services can help institutions see further and deeper into their business. From enhancing trust in the institutions we audit to assisting them in meeting the assurance demands outlined in regulations and standards, we help higher education institutions function with greater confidence. An audit is more than an obligation; it’s a powerful lens for illuminating the current state of an enterprise, providing insight that can inform future aspirations. Leveraging the resources of a global leader in audit services, our higher education teams offer support across a broad range of reporting, tax, and compliance situations for institutions of all sizes.