What are the responsibilities and job description for the FINANCIAL ANALYST position at University of Washington (UW) Medicine?
Req #:
228665
Department:
UW ADVANCEMENT
Posting Date:
11/14/2023
Closing Info:
Closes On 11/21/2023
Salary:
$6,917-$7,667 per month
Other Compensation:
Shift:
First Shift
Benefits:
As a UW employee, you will enjoy generous benefits and work/life programs. For a complete description of our benefits for this position, please visit our website, click here.
As a UW employee, you have a unique opportunity to change lives on our campuses, in our state and around the world. UW employees offer their boundless energy, creative problem-solving skills and dedication to build stronger minds and a healthier world.
UW faculty and staff also enjoy outstanding benefits, professional growth opportunities and unique resources in an environment noted for diversity, intellectual excitement, artistic pursuits and natural beauty.
For over 160 years, the University of Washington has been a hub for learning, innovation, problem solving and community building. Supporting this legacy and important public missionwith the goal of making the UW the worlds greatest public university, as measured by positive impactguides everything we do in University Advancement . Bringing together development; alumni and stakeholder engagement; marketing and communications; and advancement operations, we advance the UWs impact by developing meaningful connections that foster pride, advocacy and philanthropic support.
The Advancement Operations team empowers University Advancement to achieve and sustain its mission and vision. This starts with creating a culture of belonging within our organization that values the diverse experiences and expertise of our team members, allowing everyone to thrive and to contribute their unique talents as we strive to achieve our shared goals.
The Advancement Operations team has an exciting opening for a Financial Analyst.This is a full-time permanent position.
The UW is currently redesigning its finance-related policies and processes, making it an especially rewarding time to join finance teams across the University. In this collaborative role, the Financial Analyst will help transition the organization through a profound change in our financial operations.
What You Will Do:
Budget Reporting (30%)
Serve as a department budget liaison as it relates to accruals and other accounting matters, making connections between historical expenses/revenues, budgeted items and actual expenses/revenues.
Provide advice to department cost center managers regarding accounting rules, policy interpretation and related compliance issues.
Provide guidance, direction and training to campus departments on finance policy and procedures to enhance organizational effectiveness and customer service.
Prepare specialized reports including regular financial reports using established formats, as well as ad-hoc financial reporting, as needed.
Analyze data from internal and external business partners and/or systems to ensure consistent funding allocation methodologies are applied across units and divisions budgets.
Recommend actions and options for Advancement leadership and cost center managers through analysis and development of metrics.
In partnership with the Finance team, provide budget-to-actuals reporting for each cost center.
Non-Profit Accounting (30%)
Create monthly accounting reports and balance sheets, including recording monthly entries through various integrations, account reconciliation and resolution of issues between internal and external partners.
Ensure proper filing and payment of all applicable federal and local taxes, including unrelated business income taxes.
Provide guidance and develop policies and procedures to ensure organizational effectiveness and financial stability.
Maintain timely compliance with all federal and state tax filings and status renewals.
Keep abreast of FASB accounting standards and emerging issues.
Assist with annual audit and tax preparation using independent judgement and analysis.
Management of month-end close procedure (25%)
With the transition from an annual close to a monthly close, this position will be responsible for creating, implementing and overseeing a month-end close process for Advancement.
Continuously evaluate the process, propose and then implement revisions as necessary.
Other Duties (15%):
Lead and/or participate in departmental, institutional and University process improvement projects to promote alignment on resource issues, including fiscal compliance, ethics and fiscal operation.
Complete special projects as assigned by the Sr. Director of Finance and Administration.
Lead or serve as a backup for other Fiscal Services activities.
Perform other duties as assigned.
MINIMUM REQUIREMENTS:
Bachelors degree in Accounting, Finance or related field AND two years of experience.
Equivalent education/experience will substitute for all minimum qualifications except when there are legal requirements, such as a license/certification/registration.
What You Bring:
Comprehensive understanding of current modern principles, practices and methods of accounting, internal accounting controls, budgeting, fund accounting and generally accepted accounting principles (GAAP).
Able to work with a complex fund structure, detailed budgets and extensive chart of accounts.
Able to monitor and review input and output of financial data and develop fiscal queries and reports.
Experience with Microsoft Office Suite, Workday, CRM systems and other financial software or programs.
A commitment to continual process improvements.
Effective organizational, interpersonal, written and communication skills.
Exercise good judgment and attention to detail.
A proactive mindset with the ability to effectively manage multiple tasks and strict deadlines.
Good business partner and demonstrated ability to collaborate with others to build strong working relationships.
What You Can Expect:
Cubicle/Open workspace environment which may result in additional or higher levels of noise and visual distractions.
Application Process:
The application process for UW positions may include completion of a variety of online assessments to obtain additional information that will be used in the evaluation process. These assessments may include Work Authorization, Cover Letter and/or others. Any assessments that you need to complete will appear on your screen as soon as you select Apply to this position. Once you begin an assessment, it must be completed at that time; if you do not complete the assessment you will be prompted to do so the next time you access your My Jobs page. If you select to take it later, it will appear on your "My Jobs" page to take when you are ready.Please note that your application will not be reviewed, and you will not be considered for this position until all required assessments have been completed.
#UWUAJOBS
As a UW employee, you have a unique opportunity to change lives on our campuses, in our state and around the world. UW employees offer their boundless energy, creative problem-solving skills and dedication to build stronger minds and a healthier world.
UW faculty and staff also enjoy outstanding benefits, professional growth opportunities and unique resources in an environment noted for diversity, intellectual excitement, artistic pursuits and natural beauty.
For over 160 years, the University of Washington has been a hub for learning, innovation, problem solving and community building. Supporting this legacy and important public missionwith the goal of making the UW the worlds greatest public university, as measured by positive impactguides everything we do in University Advancement . Bringing together development; alumni and stakeholder engagement; marketing and communications; and advancement operations, we advance the UWs impact by developing meaningful connections that foster pride, advocacy and philanthropic support.
The Advancement Operations team empowers University Advancement to achieve and sustain its mission and vision. This starts with creating a culture of belonging within our organization that values the diverse experiences and expertise of our team members, allowing everyone to thrive and to contribute their unique talents as we strive to achieve our shared goals.
The Advancement Operations team has an exciting opening for a Financial Analyst.This is a full-time permanent position.
The UW is currently redesigning its finance-related policies and processes, making it an especially rewarding time to join finance teams across the University. In this collaborative role, the Financial Analyst will help transition the organization through a profound change in our financial operations.
What You Will Do:
Budget Reporting (30%)
Serve as a department budget liaison as it relates to accruals and other accounting matters, making connections between historical expenses/revenues, budgeted items and actual expenses/revenues.
Provide advice to department cost center managers regarding accounting rules, policy interpretation and related compliance issues.
Provide guidance, direction and training to campus departments on finance policy and procedures to enhance organizational effectiveness and customer service.
Prepare specialized reports including regular financial reports using established formats, as well as ad-hoc financial reporting, as needed.
Analyze data from internal and external business partners and/or systems to ensure consistent funding allocation methodologies are applied across units and divisions budgets.
Recommend actions and options for Advancement leadership and cost center managers through analysis and development of metrics.
In partnership with the Finance team, provide budget-to-actuals reporting for each cost center.
Non-Profit Accounting (30%)
Create monthly accounting reports and balance sheets, including recording monthly entries through various integrations, account reconciliation and resolution of issues between internal and external partners.
Ensure proper filing and payment of all applicable federal and local taxes, including unrelated business income taxes.
Provide guidance and develop policies and procedures to ensure organizational effectiveness and financial stability.
Maintain timely compliance with all federal and state tax filings and status renewals.
Keep abreast of FASB accounting standards and emerging issues.
Assist with annual audit and tax preparation using independent judgement and analysis.
Management of month-end close procedure (25%)
With the transition from an annual close to a monthly close, this position will be responsible for creating, implementing and overseeing a month-end close process for Advancement.
Continuously evaluate the process, propose and then implement revisions as necessary.
Other Duties (15%):
Lead and/or participate in departmental, institutional and University process improvement projects to promote alignment on resource issues, including fiscal compliance, ethics and fiscal operation.
Complete special projects as assigned by the Sr. Director of Finance and Administration.
Lead or serve as a backup for other Fiscal Services activities.
Perform other duties as assigned.
MINIMUM REQUIREMENTS:
Bachelors degree in Accounting, Finance or related field AND two years of experience.
Equivalent education/experience will substitute for all minimum qualifications except when there are legal requirements, such as a license/certification/registration.
What You Bring:
Comprehensive understanding of current modern principles, practices and methods of accounting, internal accounting controls, budgeting, fund accounting and generally accepted accounting principles (GAAP).
Able to work with a complex fund structure, detailed budgets and extensive chart of accounts.
Able to monitor and review input and output of financial data and develop fiscal queries and reports.
Experience with Microsoft Office Suite, Workday, CRM systems and other financial software or programs.
A commitment to continual process improvements.
Effective organizational, interpersonal, written and communication skills.
Exercise good judgment and attention to detail.
A proactive mindset with the ability to effectively manage multiple tasks and strict deadlines.
Good business partner and demonstrated ability to collaborate with others to build strong working relationships.
What You Can Expect:
Cubicle/Open workspace environment which may result in additional or higher levels of noise and visual distractions.
Application Process:
The application process for UW positions may include completion of a variety of online assessments to obtain additional information that will be used in the evaluation process. These assessments may include Work Authorization, Cover Letter and/or others. Any assessments that you need to complete will appear on your screen as soon as you select Apply to this position. Once you begin an assessment, it must be completed at that time; if you do not complete the assessment you will be prompted to do so the next time you access your My Jobs page. If you select to take it later, it will appear on your "My Jobs" page to take when you are ready.Please note that your application will not be reviewed, and you will not be considered for this position until all required assessments have been completed.
#UWUAJOBS
Salary : $6,917 - $7,667
Financial Analyst
PIKEMANN LLC -
Seattle, WA
