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SENIOR FINANCIAL REPORTING ANALYST

Req #: 232078 Department: FINANCE, PLANNING, AND BUDGETING Job Location: Seattle Campus Job Location Detail: Hybrid available, Office in located in Seattle Posting Date: 03/15/2024 Closing Info: Closes On 04/05/2024 Salary: $8,334 - $9,584 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.

We will begin screening completed application materials upon receipt through the close date. 

Req #: 232078 Department: FINANCE, PLANNING, AND BUDGETING Job Location: Seattle Campus Job Location Detail: Hybrid available, Office in located in Seattle Posting Date: 03/15/2024 Closing Info: Closes On 04/05/2024 Salary: $8,334 - $9,584 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.

We will begin screening completed application materials upon receipt through the close date. 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.

UW is committed to attracting and retaining a diverse staff; your experiences, perspectives, and unique identities will be honored at the University of Washington. Together, our community strives to create and maintain working and learning environments that are inclusive, equitable, and welcoming.

The Finance, Planning, and Budgeting (FPB) encompasses the major central financial and budgeting functions for the University of Washington, including:

Institutional Data & Analysis

Policy, Planning & State Operations

University Business Services

Finance & Budget Strategy

The Senior Financial Reporting Analyst (Program Financial Analyst, is responsible for supporting the timely and accurate preparation of financial statements (monthly and annually) prepared according to the Governmental Accounting Standards Board (GASB), detailed supporting schedules and footnotes, analysis of results, and executing on complex technical accounting work and projects in various forms utilizing the UW’s Workday Enterprise accounting system. The position, provides support to Workday campus customers on accounting topics and serve as one of the subject matter experts in the Financial Reporting group on accounting and reporting matters. Serves as a primary resource in assisting the UW in its integration with Washington State’s new Workday financial reporting system that is planned to go live in 2025.

This person utilizes their senior-level technical accounting and analysis skills to support the Workday accounting and reporting processes in the Financial Reporting unit. They are relied upon by the Associate Controller as someone that is able to pick up nonstandard, complex, highly technical work and complete that work with minimal direction and oversight. They own or contribute to reporting and analysis deliverables that are presented to executive leadership and the Audit Advisory Committee to the Board of Regents. They are an informal leader for other accounting staff in the unit, and a knowledge expert on the work done in Financial Reporting.

The Senior Financial Reporting Analyst will play a key role in helping with the sustainment of the accounting and reporting processes owned by the Financial Reporting unit as they are impacted by the implementation of the UW’s Workday ERP system. They work independently and in partnership with the Associate Controller and Controller, as well as in close collaboration with process partners across campus.

We encourage applicants to apply even if they do not feel they satisfy all the skills listed below; we understand that it will take some time for the successful applicant to strengthen specific position skills where needed, to learn about the university systems, campuses, and vendor collaborators, to develop a deep understanding of the Finance, Planning & Budgeting environment itself. You will join a supportive team that will partner with you in these efforts; we are an open, ethical, highly engaged, and collaborative community based on trust, transparency, and mutual respect. We believe in the importance of quality of life, embracing diversity and equity, making a difference, and having fun.

Position Complexities:

This position requires the ability to understand and work with highly technical accounting topics, and to perform complex analysis on the data underlying financial statement results. They are required to communicate effectively in order to explain complex transactions and accounting issues, often in ways that can be understood by nonaccountants. The position coordinates with external independent and state auditors to provide supporting documentation and explanation of results. The position also communicates with departments across the University regarding accounting issues and guidance, and regarding updates and changes to the accounting processes.

DUTIES AND RESPONSIBILITIES

Data Management and Analytics

High-level Analyst responsible for financial reporting and analysis with a primary focus on supporting Finance, Planning & Budget leadership. This includes gathering, analyzing, and reporting financial data and results where underlying data often originate from Workday and multiple sources. Position requires an innovative, creative, highly motivated, team-oriented individual. Operate from a proactive and positive business approach, focused on meeting current and future needs where data and knowledge derived from data will play a critical role in executive-level decision-making.

Responsible for supporting the timely and accurate preparation of financial statements, detail schedules and disclosures reflecting the UW’s financial position and operating activities in the State of WA Office of Financial Management’s (OFM) Annual Comprehensive Financial Report (ACFR).

Support and continually improve the accounting processes which contribute toward preparation of periodic GASB-based financial results, and preparation of the annual UW Financial Report which is relied upon by the university’s Board of Regents, Audit Advisory Committee, external bondholders, and the state of WA Office of Financial Management.

Directly contribute to preparation and analysis of periodic financial reports for senior management using advanced features of applications such as Excel, SQL Server analysis tools, etc.

Use UW administrative system tools including, for example, Workday, and the Enterprise Data Warehouse to extract and download system data for analysis.

Work collaboratively with process partners, peers and leaders. Oversee and deliver accounting data, results and analysis to the VP of Finance, Planning & Budget.

Monthly, quarterly and annual report out to Controller and Finance, Planning & Budget Vice President.

Use detailed knowledge of data mining within Financial Systems and in-depth understanding of how to interpret and use data to produce viable and accurate financial reports and analytics.

Work collaboratively and in partnership with a matrixed level of positions across the University and ability to take the lead in guiding other analysts.

Use deep knowledge of software programs to ensure credibility of reports and analysis.

Provide holistic financial reporting and review of the University.

Campus Support

Serve as a resource to the Financial Accounting department and various other departments across the University to support Workday accounting processes, research and analyze data and trends, explain accounting treatments and results, interpret and implement new accounting requirements, etc.

Work with a diverse group of individuals; placing a value on diversity, equity, and inclusiveness.

Create ad-hoc reports that help businesses address their Workday financial questions and/or root-cause problem-solving.

Heavy involvement in organization-wide process and policy changes. This may include developing reports and analysis which are provided to VP/AVP and Director Level leaders to inform of changes and/or impact to university finances.

Significant involvement in fiscal year-end and biennium close process and execution of Workday accounting transactions.

Outreach, collaboration, and support to department leaders across campus.

Manage and modify existing database applications and other programming applications as needed. Develop reports and present data for special projects as assigned.

Responsibilities include understanding the business purpose, strategy, and drivers behind financial results, and creating and analyzing variance reports.

Assist Finance, Planning & Budget leadership in developing and implementing dashboards, key business and financial metrics and/or productivity platforms.

Assist Finance, Planning & Budget leadership in the development of policies and procedures to maintain and improve adherence to university, state, and federal rules and regulations.

Design & build operational best-practices across Finance, Planning & Budget and UW.

Process Improvement

Focus on continuous process improvement activities related to Financial Accounting and Reporting.

Continually identify opportunity for improvement or gaps in business processes across Finance, Planning & Budget. Work to develop and implement process improvements.

Assist in driving process change across Finance, Planning & Budget.

Accounting, Fiscal Oversight, and Special Projects

Support and continually improve the accounting processes which are responsible for complying with the accounting and reporting directives required by the State of WA Office of Financial Management and which support the preparation of the Annual Comprehensive Financial Report (ACFR).

Provide oversight to ensure departmental processes and procedures compliance with University, State, and Federal policies and guidelines.

Develop sophisticated tools that enable automating formally manually processes and increase departmental efficiency.

Provide fiscal leadership to program initiatives.

Ability to manage and execute projects from start to finish as assigned.

Other duties as assigned.

Train and cross train staff within Finance, Planning and Budgeting.

MINIMUM REQUIREMENTS

Bachelor's degree in Accounting or related field and five years of experience in full scope accounting, including use of data analysis tools.

Equivalent education/experience will substitute for all minimum qualifications except when there are legal requirements, such as a license/certification/registration.

ADDITIONAL REQUIREMENTS

Demonstrated proficiency with Microsoft Excel including the ability to design, build, document and maintain complex workbooks in a user-friendly, intuitive and logical manner.

Demonstrated ability to analyze, interpret and explain financial results, and to formulate and implement process improvements.

Demonstrate collaborative, customer service attitude.

Excellent communication skills.

Demonstrated experience in working on diverse groups and teams; respects, values, and contributes to Finance, Planning & Budget and UW’s commitment to diversity, inclusion, and equity.

DESIRED QUALIFICATIONS

Experience in public accounting.

CPA license or demonstrated progress toward CPA designation.

Application Process: The application process 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 your “My Jobs” page. If you select to take it later, it will appear on your "My Jobs" page to take when you are access 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.

Committed to attracting and retaining a diverse staff, the University of Washington will honor your experiences, perspectives and unique identity. Together, our community strives to create and maintain working and learning environments that are inclusive, equitable and welcoming.

The University of Washington is an affirmative action and equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, age, protected veteran or disabled status, or genetic information.

To request disability accommodation in the application process, contact the Disability Services Office at 206-543-6450 or dso@uw.edu.

Applicants considered for this position will be required to disclose if they are the subject of any substantiated findings or current investigations related to sexual misconduct at their current employment and past employment. Disclosure is required under Washington state law.

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Confirmed 4 hours ago. Posted 13 days ago.

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