Associate VP for Finance and Treasury
David Kosslow has over 25
years of Higher Education experience at both private and public institutions. As Associate Vice President for Finance and Treasury at West Virginia University, Mr. Kosslow
is responsible for the Treasury Operations, Revenue Services, Tax Services and
Risk Management departments of the University.
Mr. Kosslow also serves as the Assistant Treasurer for the WVU Research
Corporation. Mr. Kosslow has held various leadership roles
in Finance and Treasury since coming to WVU in 2000. Prior to joining WVU, Mr. Kosslow held
leadership positions in higher education for eight years including the Director
of Financial Reporting at Carnegie Mellon University and prior to that he was
the Controller at Seton Hill University.
Mr. Kosslow earned his BS
from Duquesne University and is a Certified Public Accountant.
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We perform forecasting, monitoring and managing of cash to ensure adequate resources
exist to meet the obligations while identifying opportunities to invest excess
cash and generate additional revenue from prudent, safe investing techniques. We also determine and implement the appropriate debt structure for the university as
it relates to the Master Plan and other strategic initiatives which includes
managing the relationship with the bond rating agencies and managing the internal
loan program. In addition we determine and implement the appropriate debt structure for the university as
it relates to the Master Plan and other strategic initiatives which includes
managing the relationship with the bond rating agencies and managing the internal
loan program. Our team also performs critical finance functions related to investments, debt and cash. These
include, but are not limited to, accounting, reporting, and analysis to support
senior management decisions and internal and external reporting requirements.
We manage all banking services and relationships to include banking contracts, acquiring
banking services, implementing controls, providing access to online banking,
providing guidance and training on implementation of new services. We perform operational activities including treasury accounting, bank reconciliations,
“central owned” cash reconciliations, unclaimed property and finally we act as the liaison with external banks, State Treasurer’s Office, State Auditors Office, and
Investment Managers.