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Aalto EIT Services

Soile Roste, the new Aalto EIT Services financial specialist

Soile Roste is the new financial specialist at the Aalto EIT Services, an Aalto University service part of the RIS. Soile's role is fundamental: she makes sure that all the Aalto University projects involving EIT funding remain within the legal scope of the latest European financial rules, from the original application to the last audit. She also provides ad-hoc support for project bearers, activity leaders, and heads of departments for financial reporting on European projects.
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Soile Roste

鈥淚鈥檓 an Aalto veteran: I鈥檝e been in the house for 17 years, now. I actually started when Aalto University was not yet called Aalto鈥, reveals Soile. 鈥淚鈥檓 thriving here: there is definitively an Aalto spirit and I'm part of it. It's difficult to define it precisely but I can feel it: the mix of innovation, collaboration, and human contact鈥. She continues: 鈥淚鈥檝e been a controller for the last 10 years of my career  working on national, European, and international projects at Aalto, successfully guiding heads of departments, activity leaders, and project bearers through the meanders of financial rules and regulations.鈥 

Soile joined the Aalto EIT services already in January 2021. After an in-depth training with the all-time champion, highly-experienced, reigning controller P盲ivi Saarinen who will retire soon, Soile is taking over her duties. On the paper, her job might seem pretty straightforward: ensuring the financial conformity of all the Aalto EIT-related projects and activities with the corresponding applicable European legislation. 鈥淎ctually, my job starts from the very beginning of a project, during the application phase, and goes all the way to the project鈥檚 life, with a long-lasting follow-up that can take years in some cases鈥, says Soile. 鈥淲e controllers have to monitor a wide range of financial issues, in addition, to remain up-to-date with the ever-changing rules of the different European funding bodies. My job is to create the smoothest possible financial path for all the projects that I鈥檓 involved with鈥, she adds. Her aim? Reach full financial transparency, visibility, and conformity in all the Aalto University activities funded by the EIT. For Soile, 鈥渃ontrolling makes the relationship with the funders much healthier: all goes according to the agreed plan, without any surprise for the parties involved鈥. And while you may think that a controller is busy twice a year when projects open or close, the reality is quite different: 鈥淚 monitor projects on a daily basis, under a 鈥渃ontrol and prevention鈥 strategy. It鈥檚 a demanding, time-consuming process but we鈥檙e better safe than sorry鈥, muses Soile.

We know where to hunt for the latest European funding rules, guidelines and regulations.

Soile Roste, financial specialist at the Aalto EIT Services

Anyone who has taken part in a European project will tell you the same thing: one of the most difficult things when dealing with European funders is to find the relevant applicable information. And this gets crucial when it comes to finance-related questions. 鈥淭his is when controllers step in鈥, explains Soile. 鈥淲e know where to hunt for the latest European funding rules, guidelines and regulations. We know how to interpret them and how to make them applicable to the projects under our care. We are in constant contact with activity leaders and project bearers. For my part, I have extensive knowledge in EIT funding, especially when it comes to EIT Digital, EIT Raw Material, and EIT Manufacturing. We also benefit at Aalto from state-of-the-art training on financial issues, provided by the RES team鈥, she goes on. 

Could an activity leader lead their project without a controller? 鈥淲ell, you always can鈥, says Soile, 鈥渂ut if you make one financial mistake it can cost you a lot. A financial mistake is damageable to your project but it also jeopardizes the trust of European funders towards Aalto University. My job is to prevent that!鈥  

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