Indiana University

News Release

Friday, September 16, 2005

Last modified: Friday, September 16, 2005

IU appoints McNeely to lead Financial Management Services

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BLOOMINGTON, Ind. -- Kathleen T. McNeely has been appointed assistant vice president and executive director of Financial Management Services for Indiana University.

The appointment was announced today (Sept. 16) by Judy Palmer, vice president and chief financial officer.

McNeely had held the position as an interim appointee since the spring. She will oversee the day-to-day operations of the Financial Management Services organization, which provides accounting and financial management services for the university and implements internal control systems for all university funds.

She will also functionally design and implement new business processes and management reporting systems that use state-of-the-art software to facilitate effective management and control of funds.

"Kathleen's accounting and financial management experience and expertise are widely known within the IU community, and she has served the university admirably in all her previous positions," Palmer said. "I am delighted that she has agreed to accept these expanded responsibilities and am confident Kathleen will continue to serve the university with excellence in her new capacity."

McNeely has been employed by IU since 1982 in various financial administrative positions. She also is active in the National Association of College and University Business Officers. She currently serves on NACUBO's Research Universities Council and was a member of its Accounting Principles Council from 1997 to 2003, serving as chair in 1999.

She is the 2003 recipient of NACUBO's Daniel D. Robinson award, which recognizes individual excellence and leadership in the advancement of college and university accounting and reporting. A faculty member for the WACUBO Business Management Institute, McNeely is also a frequent speaker at conferences and seminars dealing with accounting standards, internal controls, fund accounting and other fiscally related topics.

She holds a bachelor of science degree in finance from IU's Kelley School of Business and a master's degree in public administration with a finance concentration from IU.

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