FINANCE

OPERATIONS

The finance department are the part of Queen Mary Formula Student that manages its money. The business functions of a finance department typically include planning, organising, auditing, accounting for and controlling its company's finances. The finance department also usually produces the society’s financial statements. Some of the tasks in  Finance include:


  • Filling cost reports sheets between the student team and the SU

  • Processing and tracking of society payments and purchases

  • Doing budget analysis of Formula Student accounts

  • Obtaining and managing invoices

  • Track the companies financial status and performance to identify areas for potential performance

  • Review financial data and prepare reports

© Queen Mary Formula Student 2020

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