MIAMI – A former director of finance at the University of Miami, who is accused of embezzling millions of dollars from the university, pleaded guilty Wednesday to tax evasion charges.

Kimberly Jean Miller, 58, is accused of failing to report $2.3 million that she embezzled from the university to the IRS.

Miller was the director of finance at UM's Rosensteil School of Marine and Atmospheric Science from 2002 to 2012.

According to U.S. prosecutors, Miller used her position to embezzle $2.3 million from the university by falsifying invoices from a vendor called International Assets.

Prosecutors said she altered the vendor's invoices so that the company name would appear as "Inter Inc." and the checks would be mailed back to RSMAS, instead of to International Assets.

Miller deposited the checks into a business bank account in the name Intercontinental Oceans Inc., a company that she opened in 1993, prosecutors said.

Miller owes the IRS an additional $329,020 in income taxes for her 2008 through 2011 tax returns.

She is expected to be sentenced in federal court on Aug. 16.

If convicted, Miller faces a maximum statutory sentence of five years in prison per count.