About Finance

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Duke Finance Divisions

Administrative Systems Management

Provides Duke University and Duke University Health System with the administrative information technology foundation necessary to respond to opportunities and challenges facing higher education and health care.

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Controller's Division

Provides oversight responsibility for Accounting and Reporting, Tax, Payroll, Accounts Payable, Employee Travel and Reimbursement, Post Award Administration, Education for Research Administration and Finance, and Global Administrative Support.

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Planning & Analysis

Provides support and focus within the University on the development of long-range financial plans, dashboards, gift modeling/endowment strategy and analyssis of major capital investments.

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Procurement and Supply Chain

Oversees and manages Duke University and Duke Health System procurement and supply chain operations.

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Real Estate Division

Leads with the overall real estate strategy for space leased by Duke University and Duke University Health System, the asset management of the Washington Duke Inn, and the acquisition and disposition of lands in the Duke Forest.

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Treasury Division

Responsible for all Duke University treasury related items; which includes student debt, sponsored research, corporate cash management, risk management, endowment administration, e-commerce and treasury operations.

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Vice President for Finance & University Treasurer

RAchel L. Satterfield

Rachel Satterfield became Vice President for Finance in October 2020 and assumed the Treasurer role in March 2023. In this capacity, she is responsible for managing the university’s financial functions and overseeing its debt and cash management programs. She recently established a financial planning team, charged with performing the analysis needed to inform academic leadership decision-making with regards to allocation of capital and operating funds. Previously, she served as associate vice president for finance and University controller. She reports to the executive vice president and also serves as an administrative liaison to the Resources Committee of the Board of Trustees.

Satterfield has more than 20 years of experience in accounting and finance within higher education. Prior to joining Duke in May 2001, she was an audit manager at KPMG LLP, responsible for auditing a number of private higher education institutions including Duke, Wake Forest and Davidson. Satterfield earned her bachelor's of business administration and master's of accounting degrees from the University of North Carolina at Chapel Hill.

Leadership

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