Finances

As Treasurer and Domestic Bursar, Andrew Parker is responsible for the College’s finances and investments including legacies, building projects and maintenance, and commercial property, as well as Human Resources, health and safety, the College gardens, and the Bursary.

Andrew, who is a qualified accountant, has had an extensive career in Finance and Administration. From 1988-2002 he was Finance Director of Oxford University Press, as well as Group Financial Controller and Interim Managing Director of OUP’s International Division. From 2003 to 2013 he was Director of Finance and Administration at the Royal Shakespeare Company, with responsibility for Finance, HR, IT, Estates and Health & Safety, as part of the senior executive team.

Damian Clements is the Somerville College accountant. He joined Somerville in January 2024 after working at All Souls College, Oxford, and supporting a comprehensive transformation of the 18^thCentury stately home Harewood House in Yorkshire.

Damian first trained as an accountant with Deloitte in Jersey after reading PPE at Trinity College, Oxford. He then worked for several years in TV and for the BBC before deciding to concentrate his energies on charities including London Zoo, the Royal Court Theatre, Leeds Culture Trust and the aforementioned Harewood House.

Despite going to Trinity, Damian has a strong Somerville connection; his mother and two close family friends read zoology here, as did his cousin and older sister. Now Damian is keen to help Somerville increase its financial management and love of Excel spreadsheets. Outside work, Damian listens to many hours of radio drama and audiobooks while going on long walks to pubs, normally with a play script in his pocket to read when he gets there

Elaine and the Treasury team are responsible for the College accounts, banking and finances, for student fees and battels, for payments to suppliers, for invoicing, for loans and grants to students including vacation and hardship grants, and for general advice on financial matters, particularly in cases of financial difficulty.