All across UW Medicine, our employees collaborate to perform the highest quality work with integrity and compassion and to create a respectful, welcoming environment where every patient, family, student and colleague is valued and honored.
UW Medicine’s mission is 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.
The UW MEDICINE FINANCE department has an outstanding opportunity for a FINANCIAL ANALYST. The primary purpose of this role is to assist in the management/reduction of operating costs of University of Washington Medical Center (UWMC) – Montlake and Northwest campuses, through budget development, reporting, and analysis.
The FINANCIAL ANALYST will: • Perform professional financial and budget analysis for UWMC to support optimal decision-making and cost management • Work with all levels of accounting and finance staff to help ensure accuracy of financial results. This includes working with the UW Medicine Director of Finance, Budget Manager, UW Medicine Controller, the UW Medicine Assistant Controller and the General Ledger Accounting Manager in understanding budget to actual fluctuations and data idiosyncrasies • Answer managers’ and administrators’ questions on monthly budget to actual variations and budget development questions • Serve as a resource for managers on questions related to the budget, monthly performance and budget to actuals variations • Monthly reporting of variance including meeting with managers • Build Annual update of LRFP incorporating Executive assumptions with oversight from Budget Director • Support System Integration including testing and design • Lead and collaborate change management to ensure reporting is useful, reliable and timely • Ensure managers are oriented to Finance reports • Deliver necessary ongoing training • Perform professional financial and budget analysis for UW Medicine to support optimal decision-making and cost management • Complete the monthly reporting process of budget to actual performance including operational statistical reporting • Complete and submits financial surveys, productivity and benchmarking analysis • Provide analysis leveraging Encounter based reporting tools • Assist in the creation of the annual operating budget • Conduct financial analysis of new programs as well as existing programs • Support the development and reporting of UW Medicine Patients are First finance goals • Support the development of the multi-year financial and capital plans • Provide reports and interpretations of analytical results to Finance Management and Hospital Administration • Provides other financial analysis as required
REQUIREMENTS: • Bachelor’s degree in finance or accounting • Minimum four-five years experience in financial analysis • Progressively more responsible experience in finance, experience with financial/budget planning preferred • Healthcare experience preferred • Ability to prepare complex financial analysis and interpretations with high degree of accuracy • Proven analytical, verbal and written communications skills • Proficiency working with financial computer applications, such as Excel, Access and Word • Ability to communicate effectively with all levels of management • Ability to formulate recommendations and interpret financial information • Ability to work independently with a minimum level of supervision • CPA desired
POSITION COMPLEXITIES: • Ability to perform high level of analysis using appropriate tools • Ability to juggle a number of tasks • Strong skills in Excel and Access are important
POSITION DIMENSIONS & IMPACT TO THE UNIVERSITY: This position directly supports the UW Medicine Patients Are First Pillar of Fiscal Responsibility
UW Medicine includes Harborview Medical Center, UW Medical Center - Montlake, UW Medical Center - Northwest, Valley Medical Center, UW Neighborhood Clinics, UW Physicians, UW School of Medicine, and Airlift Northwest.
Founded in 1861, the University of Washington is one of the oldest public institutions in the west coast and one of the preeminent research universities in the world. The University of Washington is a multi-campus university comprised of three different campuses: Seattle, Tacoma, and Bothell. The Seattle campus is made up of sixteen schools and colleges that serve students ranging from an undergraduate level to a doctoral level. The university is home to world-class libraries, arts, music, drama, and sports, as well as the highest quality medical care in Washington State and a world-class academic medical center. The teaching and research of the University’s many professional schools provide undergraduate and graduate students the education necessary toward achieving an excellence that will serve the state, the region, and the nation. As part of a large and diverse community, the University of Washington serves more students than any other institution in the Northwest.