The Department of Finance is responsible for the overall financial management of the diocese and the stewardship of fiscal resources in support of the mission and goals of the diocese. Its specific responsibilities involve accounting, budgeting, accounts payable, receivable, financial analysis and the annual audit. In addition, financial services are provided for the St. Pius Priest Retirement Fund. The Department of Finance also assists parishes in building projects and renovations.
The Finance Department provides for uniform bookkeeping and reporting by parishes. Currently there are approximately 40 users accessing 65 parishes on the diocesan QuickBooks remote server. Parishes who are utilizing the QuickBooks remote server no longer have to submit backups on a monthly basis as the data is accessible to the Finance Department. Parishes inform the Finance Department that their data has been reconciled for a particular month and the diocese accesses the QuickBooks and prints out the necessary reports for filing purposes. When bookkeepers need assistance with their data, they can call and we are able to immediately look at the problem and assist them in making any possible corrections. Those parishes not working on the QuickBooks remote server are still responsible for providing the diocese with a monthly backup of their data.
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The Office of Employee Benefits administrates many benefit programs for priests and lay employees of the chancery, parishes, schools and other institutions. These include health, prescription, dental, voluntary/term life, long-term disability, Section 125 and a 403(b) retirement program.
Administrative services are provided for this program which includes property, liability, workers’ compensation and auto insurance for the diocesan administrative office, all parishes, institutions, and all locations within the structure of the Diocese of Superior Catholic Charities Bureau.