UW Medicine’s IT Services department is looking for an outstanding FINANCE ANALYST to join the team!
What are we looking for?
Patients Are First focus
Customer service mindset
Interpersonal skills and teamwork
Adaptability and flexibility
What are the perks?
Medical insurance at reasonable rates with TEN plans to choose from!
Dental Insurance at no cost to you OR your dependents…AND we have three plans for you to choose from!
10 paid holidays annually!
1 personal holiday every year!
Generous amounts of vacation and sick leave that you can feel good about taking (more than 5 work weeks in your first year)!
TWO Retirement plans to choose from – one even matches 100% of your contributions with immediate vesting!
Voluntary Investment program to save more towards your retirement!
Deferred Compensation program to save even MORE towards your retirement!
Flexible Spending Account!
Dependent Care Assistance program!
On-site childcare centers and other caregiving resources!
Life and Accidental Death and Dismemberment insurance!
Long Term Disability insurance!
Transportation Services Program that includes U-PASS options and other parking services!
Tuition Exemption program at the UW and other higher education institutions across the state)!
Housing resources and home buying options!
Engagement and Wellness programs!
Auto, home, renter, and boat group insurance!
Valuable membership and merchandise discounts!
Federal student loan forgiveness under the Public Service Loan Forgiveness (PSLF) program!
For all of the specific details on these benefits, eligibility and more, please click here.
UW Medicine’s Information Technology Services (ITS) department is a shared services organization that supports all of UW Medicine. UW Medicine is comprised of Harborview Medical Center (HMC), UW Medical Center-Montlake Campus (UWMC-Montlake), UW Medical Center-Northwest Campus (UWMC-NW), Valley Medical Center (VMC), UW Neighborhood Clinics (UWNC), UW Physicians (UWP), UW School of Medicine (SOM) and Airlift Northwest (ALNW). In addition, UW Medicine shares in the ownership and governance of Children’s University Medical Group and Seattle Cancer Care Alliance (a partnership between UW Medicine, Fred Hutchinson Cancer Research and Seattle Children’s). ITS is responsible for the ongoing support and maintenance of the infrastructure and applications which support all of these institutions, along with the implementation of new services and applications that are used to support and further the UW Medicine mission.
The primary responsibility of the Finance Analyst is determining the cost of Information Technology operations for UW Medicine by developing professional financial analysis tools, interpreting results, providing expert level advice, and providing consultation for long-term financial planning initiatives.
ITS Finance department provides a wide variety of services and supports diverse activities, such as technology development, clinical research management, teaching, and curriculum development for multi-disciplinary staff, faculty, community partners (CUMG and SCCA), and clinicians. The scope of the Finance Analyst’s work covers areas that are not related to IT projects, their focus is on long-term planning and analyzing budgets and the department’s financial health. The Finance Analyst will work alongside ITS management to:
Analyze long-range financial planning.
Analyze the effects of proposed IT projects from UW Medicine.
Provide data to support the decision-making process for UW Medicine executive leaders.
The Finance Analyst will also collaborate with UW Medicine Finance and Accounting departments to develop and maintain the financial systems for the department. This person will develop and perform complex technical financial analysis and reporting for ITS operational costs, including income statements and balance sheets over a 5-year projection, and comparative narrative against long-range planning goals. The Finance Analyst will also create and maintain complex computer budget and long-range planning models to make budget projections and identify funding allocations for ITS across UW Medicine entities.
Responsibilities include: Budget and Long-Range Financial Plan Development (40%)
As a financial business partner to ITS Leaders, lead the development of multi-year technology capital plans. Once developed, conduct ongoing in-depth analysis into capital spending trends, provide creative but reasonable alternatives, and recommend appropriate modifications.
Lead development and implementation of enhanced forecasting for the IT budget; develop and implement a long-term multi-year forecast for operating as well as capital expenditures and resulting depreciation. Provide analytic and system support to managers in the review, understanding and mitigation of budget variances in support of improving overall financial performance.
Conduct in-depth financial analysis on budget planning and actual reports from multiple systems; compare results to forecasts and long-range plans and adjust as necessary.
Financial Cost Analysis (30%)
Develop and implement analysis tools for tracking Total Cost of Ownership (TCO) of applications and systems.
Develop and implement best practices for calculating net present value and ROI for proposed and in-flight business and clinical initiatives that require implementation of information technology solutions.
Evaluate and make recommendations on the design of the implementation of an ITIL based ITSM program. Conduct ongoing in-depth analysis into TCO for UWM systems.
Management Reporting and Financial Performance Improvement (20%)
Work with all levels of accounting and finance staff to help ensure the accuracy of financial results. This includes working with UWM Finance leaders to understand and communicate budget to actual fluctuations and data anomalies.
Serve as subject matter expert to department management and leadership on questions related to the budget, actual expenditures, forecasts, long-range plans, TCO, and ROI.
Other Accountabilities (10%)
Drive process improvement and policy development initiatives that impact the financial function.
Create and maintain process and procedural documentation for key tasks and responsibilities, including the long-range financial plan, budget forecasts, and financial reports.
What you’ll bring to the table: (minimum requirements)
Bachelor’s Degree in Accounting, Finance, Business Administration, Public Policy/Administration, or a related field. or equivalent combination of education/experience.
4+ years’ experience must include the following:
4+ years of financial and operational analysis.
Experience in the regular use of financial software and systems.
Strong knowledge of and the ability to independently apply standard accounting procedural controls and data validation techniques.
Strong skill level with financial systems and supporting software programs, including MS Excel, Word, PowerPoint, Access, and BI.
Experience creating presentations, charts, and graphs that communicate the story behind the financial data for managers and senior executives. Ability to take large quantities of complex and detailed data and summarize it in a meaningful way that highlights key information.
The successful candidate will also possess:
Values consistent with those of UW Medicine's mission to improve the health of the public by advancing medical knowledge, providing outstanding primary and specialty care to the people of the region, and preparing tomorrow's physicians, scientists, and other health professionals.
Excellent written and oral communication abilities as well as presentation skills; including the ability to effectively communicate financially related issues and processes to diverse individuals and/or groups throughout the organization.
Strong interpersonal skills with the ability to work effectively with a diversity of personalities.
Strong analytical, organizational, and multitasking skills.
Strong collaboration skills in various work environments including complex, matrixed environments.
Strong customer service skills and experience.
Ability to communicate effectively in English, verbally and in writing.
Ideally, you’ll also have: (desired skills and experience)
Previous experience in and knowledge of academic healthcare systems and/or operational environments.
Advanced degree (e.g., Master’s, PhD, etc.)
Experience with finance and accounting within an IT organization.
Experience with project budgeting including calculations of ROI and TCO.
What are some of the other tidbits that you might want to know?
This position is considered to be a 100% FTE. This means that the minimum number of hours worked each week is 40; however, work needs may dictate extended or alternate hours, in order for the individual to meet deadlines and fulfill customer needs.
The work environment encourages remote work; however, travel into UW Medicine sites may be expected as work needs dictate.
The individual must have the basic technology resources in order to work remotely. An example of a basic technology resource includes high-speed internet and the ability to work most work hours within an 8:00 am – 5:00 pm timeframe, Monday - Friday. If the individual would like to set other scheduled work hours, it is dependent on their manager’s approval.
Ability to communicate clearly in English, both verbally and in writing.
This advertised job posting may not include the complete official job description for the role.
Appointment of the successful candidate to this position will be made contingent upon a satisfactory outcome of criminal background checks.
The application process for UW Medicine positions may include completion of a variety of online assessments to obtain additional information that will be used in the evaluation process (i.e. Work Authorization, Criminal Conviction History, 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 applying for a position, all assessments must be completed at that time. Please note that your application shows up in our system as ready to review regardless of whether or not all assessments have been completed. If the assigned Recruiter happens to review applications prior to all of your assessments being completed, there is a chance you could be 'Not Selected' due to an incomplete application. For this reason, we strongly encourage all applicants to ensure there is plenty of time to complete all of the assessments prior to clicking on “Apply to this position”.
Who are we and what do we do? UW Medicine’s mission is to improve the health of the public by advancing medical knowledge, to provide outstanding primary and specialty care to the people of the region, and to prepare tomorrow’s physicians, scientists and other health professionals. Our staff not only enjoys outstanding benefits and professional growth opportunities, but also an environment noted for diversity, community involvement, intellectual excitement, artistic pursuits, and natural beauty.
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 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 / 206-543-6452 (tty) or click here to send an email.
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