The Finance Office provides a wide range of accounting and records keeping functions to support diocesan business operations. Some of the major responsibilities are:
- ACCOUNTS RECEIVABLE (BILLING)
The Finance Office maintains the diocesan accounts receivable (billing) system which tracks the status of parish financial obligations for diocesan support (Quota), participation in insurance programs (Health & Life, Auto and the Diocesan Insurance Program), Priests’ Pension Plan (Clergy Retirement Account), voluntary dental coverage and miscellaneous other obligations.
- DEPOSIT AND LOAN FUND
The Finance Office Administers the diocesan Deposit and Loan Program and issues monthly statements to participants reflecting postings of interest earned on savings accounts and interest owed for loan accounts.
- ACCOUNTS PAYABLE
The Finance Office maintains an accounts payable system which produces check disbursements for all diocesan payments of funds.
The Finance Office co-ordinates the administration of payroll activities for staff employed at the Pastoral Center.
The Finance Office provides technical support for the development of the annual budget for all departments and ministries supported by diocesan funds.
- FINANCIAL REPORTING
The Finance Office is responsible for maintaining a general ledger system and for producing financial statements and analytical reports, as required. It is also responsible for coordinating the submission of Parish financial statements.
- TREASURY FUNCTIONS
The Finance Office is responsible for safeguarding and administering diocesan cash and investment accounts.
- INTERNAL CONTROL
The Finance Office is responsible for the development and enforcement of diocesan internal control policies.
- TECHNICAL SUPPORT
The Finance Office provides technical support for diocesan consultative bodies such as the College of Consultors, Finance Council, Lay Pension Board and Priests’ Pension Board on financial matters.
- INTERNAL AUDIT
The Finance Office provides internal audit support and technical assistance for diocesan parishes, as required.
Resources and Forms
Parish Annual Financial Report (PDF)
Parish Annual Financial Report (Excel)
Chart of Accounts for Churches
Chart of Accounts for Schools
Diocese of Gary Financial Policies
For more information please contact the Office of Finance Staff