Account Representatives

Changing/Adding/Deleting Account Representatives

• To change control of an account, a memo containing a signature is needed from either the outgoing control person or the Vice President/Dean/Department Head of that specific college/area.
• To add/delete/change a disbursement representative or a reports-only representative, the control representative, or the Vice President/Dean/Department Head must send a memo in writing to the Foundation requesting the change.
• To add/change/delete an account contact, please complete the Account Contact form and send it to your UIF Finance Department representative at 500 LCUA.

Role and Responsibilities of Account Control Representatives

1. Monitor cash position
2. Monitor disbursements -- signatures required for Payment Authorization Form
3. Determine appropriate investment pool
4. Determine each quarter's cash needs
5. Option to receive on-line reports to monitor accounts

Role of Report-Only Representatives

1. Option to receive online reports to monitor accounts