Financial Analyst

Job Description

FINANCIAL ANALYST

Req #: 240671 Department: DEPARTMENT OF NEUROBIOLOGY & BIOPHYSICS Job Location: Seattle Campus Job Location Detail: This is a hybrid position, requiring 2-3 days on site Posting Date: 11/05/2024 Closing Info: Open Until Filled Salary: $6,095 - $7,084 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.
The Department of Neurobiology & Biophysics has an outstanding opportunity for a Financial Analyst to join their team.
POSITION PURPOSE
The University of Washington School of Medicine (SoM) is nationally and internationally recognized for excellent programs in clinical care, teaching, and research activities. The SoM has 32 academic departments with over 3,700+ teaching and research faculty, 5,000+ clinical faculty, 4,800 students and trainees, and 3,700+ staff with annual UW based activity of over $2.2B. UW Medicine’s mission is to improve the health of the public. UW Medicine supports equity, diversity, and inclusion in our classrooms, clinics, workplace, and community. Our faculty and staff are passionate about finding solutions to the social issues that create barriers and disparities in access to healthcare.
The Department of Neurobiology & Biophysics was created in 2024 with the consolidation of the Departments of Biological Structure and Physiology & Biophysics. We are united by our common curiosity about how organisms work and our drive to establish a quantitative and mechanistic understanding of molecular, cellular, and nervous system function. Our research builds on our traditional strengths in the fields of neuroscience, physiology, and biophysics, and embraces new fields that reflect our diverse scientific pursuits. We will advance fundamental scientific and biomedical knowledge, train the next generation of scientists, and build a strong community invested in the success of every member of our department. The department is one of the largest biomedical research departments in the School of Medicine with 50+ faculty members, 80+ trainees, and 100+ staff members. The Department has an annual budget of approximately $32 million.
We have an outstanding opportunity for a Financial Analyst.
DUTIES AND RESPONSIBILITIES
Financial Management (75%):
The financial analyst is responsible for developing and managing the accurate and timely preparation of the Department’s financial reporting. This involves gathering, analyzing, and reporting financial data and results where data often results from multiple sources, including Workday. Findings derived from this data will play a crucial role in executive-level decision making.
Responsibilities include this position to:

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

Translate department objectives into financial assumptions for short-term and/or long-term planning

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

Manage department self-sustaining funds, state funds, program funds, endowment/gifts, discretionary, and Indirect Cost Recovery funds

Assist in FY budget development via Adaptive module

Collaborate with the School of Medicine regarding department commitments
Project Management (25%):
The financial analyst is also responsible for developing compliance related to department finances. Responsibilities include this position to:

Ensure adherence to university, college, and federal policies and procedures for financial management and budget creation

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

Assist Director in the development of departmental policies and procedures to maintain and improve adherence to university, state, and federal rules and regulations.

Engage with School of Medicine community on development of processes and procedures related to Workday reporting

Act as subject matter expert for department financial management
MINIMUM REQUIREMENTS

Bachelor’s degree in accounting or related field and at least 5 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

Demonstrate 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 UW Finance, Planning & Budget and UW’s commitment to diversity, inclusion, and equity

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

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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