Reporting directly to the president, Vice President Hennessy serves as the University's chief financial officer. She oversees the development of the annual budget, as well as management and financial reporting of all fiscal operations, including accounts receivable, accounts payable, investments, payroll, purchasing, auxiliary services, and risk management. Working closely with the board of trustees, the vice president for financial affairs and treasurer is also responsible for monitoring the investment of University funds, and reporting the financial position of the University to external agencies.
Catherine Hennessy received her B.B.A. in 1981 from Hofstra University. She received her M.B.A. in 1990 from the University of Pennsylvania, The Wharton School. She comes to Hofstra after having served as vice president of finance and treasurer of Adelphi University since 1986. From 1985 to 1986, she served as controller and assistant treasurer at Adelphi. From 1984 to 1985, she was a senior financial analyst at Morgan Guaranty, and from 1981 to 1984, she was senior auditor and computer audit specialist at Peat Marwick, Mitchell & Co.
She is a member of the American Institute of Certified Public Accountants, the New York State Society of Certified Accountants, the Eastern Association of College and University Business Officers, the Metropolitan Region Professional Development Committee and has served on the Visiting Accreditation Teams of the Middle States Association since 1996.
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