The mission of the Office of Finance & Information Technology (OFIT) is to develop and execute plans, programs and procedures to efficiently and effectively manage the financial resources of SHA, as well as to provide and coordinate Information Technology services and resources for the Administration. The key divisions and critical assignments of OFIT are as follows:
Accounting Operations Division
Responsibilities within this Division include paying bills (processing approximately 180,000 invoices per year); MDOT-wide payroll processing (for approximately 9,000 employees); performing third-party billing; and providing procurement services. Cost Accounting and General Ledger functions are also provided in this Division.
Budget & Program Management Division
This Division prepares the annual operating and administrative budgets; monitors the execution of the budget and works with the operating areas to ensure that budgets are met; provides inventory management guidance; analyzes financial issues; supports the Financial Management Information System (FMIS) within SHA; and provides financial reporting.
Working closely with the Office of Planning, this Division provides cash flow information to support three- and six-year forecasts of capital expenditures; forecasts the use of Federal funds; serves as liaison with the Federal Highway Administration (FHWA) to obtain Federal Aid approval for projects; and bills FHWA for project expenditures.
Information Technology Division
Using a combination of in-house and outside resources, this Division provides and coordinates IT services, including the acquisition and development of major business systems; the support and on-going utilization of Computer-Aided Design and Drafting (CADD) and related engineering applications; local and wide-area network management and support activities; procurement, distribution and support of desk-top systems; and operational support of the servers, printers and plotters required for SHA's engineering and business applications