Financial Analysis Unit

Elīna Medniece

Acting Manager, Financial Analysis Unit

Elina.Medniece@rsu.lv

Goals of the unit

• To enhance the quality of RSU's financial decision-making by providing timely and strategically important financial analysis, forecasts, and proposals to management
• To promote the rational use of financial resources within the organization
• To plan RSU’s budget and model scenarios
• To provide long-term financial data forecasts
• To conduct non-standard analysis and audits

The achievement of these goals and the improvement of planning efficiency is ensured through the use of the latest business intelligence tools, data analysis, and forecasting methods.

Main areas of activity

• Financial indicators of study programs, budget-funded places, and scholarships
• Development of RSU’s paid services, project budgets, and pricing
• Development and modeling of business plans and investments
• Analysis and forecasting of financial indicators
• Forecasting and modeling of RSU’s budget
• Oversight of subsidiary companies
• Non-standard financial audits and market research
• Internal construction control and financial forecasting
• Internal representation (participation in committees, rectorate, dean’s office, DSK, scholarship meetings, etc.)
• Cooperation with external partners and support for RSU structural units
• Development of financial and accounting records and business intelligence tools

Related structural units

Finance Department
Financial Control Unit
Accounting Unit