Finance

Welcome to the Finance and Administration Division.  Our goal is to provide excellence in leadership and fiscal services in support of the Le Moyne College primary mission and the Strategic Master Plan.

Vice President Joseph Grasso has 35 years of financial and managerial experience in the private, public, and nonprofit sectors. Grasso was previously associate dean for finance, administration and corporate relations at Cornell University’s School of Industrial and Labor Relations (ILR). In addition to his managerial responsibilities, Grasso was a core faculty member of the Cornell Institute for Public Affairs, where he taught courses on NonProfit Finance and Management, Fundraising, and Budgeting. Grasso also taught in the ILR School, including Socially Responsible Business, Finance for Human Resources, and Employee Benefits.

Prior to arriving at Cornell, Grasso was the vice president of administration at Washington and Lee University where he oversaw facilities, IT, human resources, auxiliary operations and local government relations. At the University of Virginia, Grasso was the associate dean of planning and operations in the College of Arts and Sciences, where he helped lead strategic planning and finance, and supported development operations related to the South Lawn Project. He was also the vice president of finance and administration at Allegheny College, and the director of budget, planning and institutional research at Colgate University. Grasso spent nearly a decade in New York state government serving as a senior budget analyst in the Division of the Budget and as director of the budget for the New York State Thruway Authority. Grasso started his career on the Financial Management Program at General Electric.

He received his graduate degree in human resources from the ILR School at Cornell University, and his bachelor’s in economics from St. Lawrence University. Grasso has volunteered with and serves on the boards of many nonprofit and professional organizations including: the Le Moyne College Board of Trustees and the Madden School of Business, Syracuse Symphony Orchestra, On Point for College, NACUBO, EACUBO, CUPA, Rockbridge Free Clinic, ACLU-Albany, Skaneateles Festival, St. Catherine’s Home for Children, Vestry and Session of Episcopal and Presbyterian Churches, Skaneateles Lake Association and GRAAM (Mysore, India).

Areas of responsibility within the division are:

•     Strategic financial planning
•     Budget development and control
•     Investment management
•     Stewardship of the College's assets
•     Strong ethical standards in accounting principles
•     Human Resource and Payroll administration
•     Facilities management and master planning
•     Campus technology infrastructure
•     Risk management administration.

The Financial Services Office is responsible for policy implementation, internal controls, cash management, risk management, general ledger activity, budget implementation, financial analysis, preparation of internal and external financial reports and support for student organization and grant accounts.