ASSOCIATE CHIEF FINANCIAL OFFICER & SENIOR DIRECTOR OF FINANCIAL PLANNING & ANALYSIS
Apply NowCompany: University of Washington
Location: Seattle, WA 98115
Description:
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 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 31 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 $2.1B.
The SoM is part of UW Medicine which operates or manages the following organizations dedicated to patient care, medical education, and research: Airlift Northwest, Harborview Medical Center, UW Medical Center - Montlake, UW Medical Center - Northwest, UW Neighborhood Clinics, UW Physicians, UW School of Medicine, and Valley Medical Center. UW Medicine shares in the ownership and governance of the Seattle Cancer Care Alliance and in the ownership of Children's University Medical Group. UW Medicine also has strong affiliations with Fred Hutchinson Cancer Research Center, Seattle Children's, VA Puget Sound Health Care System and Boise VA Medical Center. UW Medicine also partners with multiple other healthcare organizations joined with us in contracts with payers related to provision of value-based healthcare.
The SoM medical school program serves the five-state WWAMI region: Washington, Wyoming, Alaska, Montana, and Idaho. For a comprehensive overview of UW Medicine, including the School of Medicine, refer to the factbook: www.uwmedicine.org/factbook.
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. In 2017, UW Medicine adopted a multi-year Healthcare Equity Blueprint: http://cedi-web01.s.uw.edu/about-us/uw-medicine-healthcare-equity-blueprint/.
JOB CHARACTERISTICS
The Associate Chief Financial Officer and Senior Director of Financial Planning and Analysis (Senior Director of FPA) serves as the principal deputy to the Associate Dean and Chief Financial Officer (ADCFO) of the School of Medicine (SoM). This senior leadership role requires exceptional expertise in financial strategy, data-driven decision-making, compliance with advanced financial reporting standards (GAAP), and execution of cross-functional projects of strategic importance to the institution. The Senior Director of FPA holds responsibility for financial strategy, analysis, and reporting for a $2.1 billion annual operating budget.
As a key institutional leader, the Senior Director of FPA collaborates with SoM leadership, including the Vice Dean for Finance and Administration, department chairs, and executive leadership across UW Medicine and the broader University. This role provides essential direction to align financial systems and strategies with institutional goals, driving efficient resource allocation and fiscal sustainability. The Senior Director exercises delegated decision-making authority and advises on critical financial issues to optimize resources, improve operational effectiveness, and mitigate risk across a complex, multifaceted academic medical enterprise.
The Senior Director of FPA uses their robust communication skills to effectively collaborate with other senior leaders across the Dean's office, UW Medicine and the SoM. They are a good listener who can process information, find solutions and resolve issues. This person is a leader who can motivate other financial professionals, delegate responsibility and develop process improvements. The Senior Director of FPA can juggle multiple, shifting priorities for various clients, while ensuring timely responses to their needs. This position will lead a group of ten to twelve finance professionals and is expected to take leadership roles in strategic SoM projects and represent the School in University-wide committees.
This position has direct responsibility towards financial planning and reporting for UW Medicine. The decisions made by the Senior Director of FPA, in tandem with the ADCFO, have both short, and long-term impact to the school and its financial health.
DUTIES AND RESPONSIBILITIES
Financial Oversight and Leadership - 45%
Develop a five-year financial outlook using the Adaptive Planning tool as part of the annual budget process.
Ensure resource allocation aligns with institutional goals and anticipates future needs, such as program growth, changes in clinical revenue, shifts in research priorities, or evolving educational demands.
Develop effective, timely, informative, and actionable financial and management reports for all units of the school, including academic departments.
Manage a team of motivated finance professionals and lead them towards industry best practices in accounting, budgeting and planning, and developing new solutions for financial reporting. These teams are responsible for the core financial functions of the School of Medicine and interact closely with the University, hospitals, and practice plans.
Analyze historical trends, projecting future revenues and expenditures, and identifying potential challenges or opportunities.
Responsible for strategic analysis and response to various University and UW Medicine Stakeholders regarding an annual operating budget of 2.1 billion.
Analyze historical trends, projecting future revenues and expenditures, and identifying potential challenges or opportunities.
The budgetary scope includes 31 academic departments, numerous unique centers and institutes, and central support areas within the Dean's Office
Provide guidance to leadership on organizational structures, financial frameworks, and workflows, aiming for standardization, scalability, enhanced compliance, data integrity, and cost-effectiveness.
Strategic Analysis and Stakeholder Management - 30%
Collaborate with other senior leaders within the Dean's Office to identify improvement opportunities, develop process enhancement plans, and prioritize initiatives related to the School's financial processes.
Serve as principal deputy to ADCFO and a trusted advisor to other senior leaders to optimize budget process, forecasting, navigating complex financial landscapes, evaluating trade-offs, and crafting strategies to address emerging challenges.
Interact with key finance stakeholders within the School, such as department leadership and fiscal staff, to ensure effective communication and change management strategies across various units within the School and the University.
Recommend additional resources needed for project success.
Project Management - 25%
Acts as project director overseeing various Workday initiatives, including ownership and optimization of Workday chart of accounts within the broader University system and framework.
Develop communication and training materials around various financial business processes.
On behalf of the ADCFO and VDAF work on key/strategic special projects for both the SoM and the broader University. These projects will focus on the high-level mechanics of the School of Medicine finance institution.
Represent SoM on critical University-wide committees, influencing policy development and institutional decision-making.
MINIMUM REQUIREMENTS
Master's degree in accounting, business administration, healthcare administration or related field and at least 7 years of relevant experience.
Equivalent education/experience will substitute for all minimum qualifications except when there are legal requirements, such as a license/certification/registration.
ADDITIONAL REQUIREMENTS
Detailed knowledge of accounting, budgeting & planning and financial reporting at a research-intensive university and/or academic medical centers
Functional understanding of excel, access and other standard computer-based tools.
Strong communication skills, both written and verbal.
Significant experience with change management and succeeding in a matrixed reporting environment
Commitment to implementing best practices and influencing others through engaged and energetic leadership style.
Familiarity with, and current knowledge of, federal, state, and local laws concerning financial activities.
Strong commitment to diversity, equity, and inclusion as critical values for the UW SoM, UW Medicine and the University.
DESIRED QUALIFICATIONS
15 or more years of relevant experience.
CPA Certification or relevant accounting experience gained in work experience.
Previous experience in a senior finance/budgeting/accounting leadership role.
Familiarity with University rules, regulations, directives, policies, and procedures concerning financial activities.
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 log into your "My Jobs" page. If you choose 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.
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.
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 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 31 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 $2.1B.
The SoM is part of UW Medicine which operates or manages the following organizations dedicated to patient care, medical education, and research: Airlift Northwest, Harborview Medical Center, UW Medical Center - Montlake, UW Medical Center - Northwest, UW Neighborhood Clinics, UW Physicians, UW School of Medicine, and Valley Medical Center. UW Medicine shares in the ownership and governance of the Seattle Cancer Care Alliance and in the ownership of Children's University Medical Group. UW Medicine also has strong affiliations with Fred Hutchinson Cancer Research Center, Seattle Children's, VA Puget Sound Health Care System and Boise VA Medical Center. UW Medicine also partners with multiple other healthcare organizations joined with us in contracts with payers related to provision of value-based healthcare.
The SoM medical school program serves the five-state WWAMI region: Washington, Wyoming, Alaska, Montana, and Idaho. For a comprehensive overview of UW Medicine, including the School of Medicine, refer to the factbook: www.uwmedicine.org/factbook.
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. In 2017, UW Medicine adopted a multi-year Healthcare Equity Blueprint: http://cedi-web01.s.uw.edu/about-us/uw-medicine-healthcare-equity-blueprint/.
JOB CHARACTERISTICS
The Associate Chief Financial Officer and Senior Director of Financial Planning and Analysis (Senior Director of FPA) serves as the principal deputy to the Associate Dean and Chief Financial Officer (ADCFO) of the School of Medicine (SoM). This senior leadership role requires exceptional expertise in financial strategy, data-driven decision-making, compliance with advanced financial reporting standards (GAAP), and execution of cross-functional projects of strategic importance to the institution. The Senior Director of FPA holds responsibility for financial strategy, analysis, and reporting for a $2.1 billion annual operating budget.
As a key institutional leader, the Senior Director of FPA collaborates with SoM leadership, including the Vice Dean for Finance and Administration, department chairs, and executive leadership across UW Medicine and the broader University. This role provides essential direction to align financial systems and strategies with institutional goals, driving efficient resource allocation and fiscal sustainability. The Senior Director exercises delegated decision-making authority and advises on critical financial issues to optimize resources, improve operational effectiveness, and mitigate risk across a complex, multifaceted academic medical enterprise.
The Senior Director of FPA uses their robust communication skills to effectively collaborate with other senior leaders across the Dean's office, UW Medicine and the SoM. They are a good listener who can process information, find solutions and resolve issues. This person is a leader who can motivate other financial professionals, delegate responsibility and develop process improvements. The Senior Director of FPA can juggle multiple, shifting priorities for various clients, while ensuring timely responses to their needs. This position will lead a group of ten to twelve finance professionals and is expected to take leadership roles in strategic SoM projects and represent the School in University-wide committees.
This position has direct responsibility towards financial planning and reporting for UW Medicine. The decisions made by the Senior Director of FPA, in tandem with the ADCFO, have both short, and long-term impact to the school and its financial health.
DUTIES AND RESPONSIBILITIES
Financial Oversight and Leadership - 45%
Develop a five-year financial outlook using the Adaptive Planning tool as part of the annual budget process.
Ensure resource allocation aligns with institutional goals and anticipates future needs, such as program growth, changes in clinical revenue, shifts in research priorities, or evolving educational demands.
Develop effective, timely, informative, and actionable financial and management reports for all units of the school, including academic departments.
Manage a team of motivated finance professionals and lead them towards industry best practices in accounting, budgeting and planning, and developing new solutions for financial reporting. These teams are responsible for the core financial functions of the School of Medicine and interact closely with the University, hospitals, and practice plans.
Analyze historical trends, projecting future revenues and expenditures, and identifying potential challenges or opportunities.
Responsible for strategic analysis and response to various University and UW Medicine Stakeholders regarding an annual operating budget of 2.1 billion.
Analyze historical trends, projecting future revenues and expenditures, and identifying potential challenges or opportunities.
The budgetary scope includes 31 academic departments, numerous unique centers and institutes, and central support areas within the Dean's Office
Provide guidance to leadership on organizational structures, financial frameworks, and workflows, aiming for standardization, scalability, enhanced compliance, data integrity, and cost-effectiveness.
Strategic Analysis and Stakeholder Management - 30%
Collaborate with other senior leaders within the Dean's Office to identify improvement opportunities, develop process enhancement plans, and prioritize initiatives related to the School's financial processes.
Serve as principal deputy to ADCFO and a trusted advisor to other senior leaders to optimize budget process, forecasting, navigating complex financial landscapes, evaluating trade-offs, and crafting strategies to address emerging challenges.
Interact with key finance stakeholders within the School, such as department leadership and fiscal staff, to ensure effective communication and change management strategies across various units within the School and the University.
Recommend additional resources needed for project success.
Project Management - 25%
Acts as project director overseeing various Workday initiatives, including ownership and optimization of Workday chart of accounts within the broader University system and framework.
Develop communication and training materials around various financial business processes.
On behalf of the ADCFO and VDAF work on key/strategic special projects for both the SoM and the broader University. These projects will focus on the high-level mechanics of the School of Medicine finance institution.
Represent SoM on critical University-wide committees, influencing policy development and institutional decision-making.
MINIMUM REQUIREMENTS
Master's degree in accounting, business administration, healthcare administration or related field and at least 7 years of relevant experience.
Equivalent education/experience will substitute for all minimum qualifications except when there are legal requirements, such as a license/certification/registration.
ADDITIONAL REQUIREMENTS
Detailed knowledge of accounting, budgeting & planning and financial reporting at a research-intensive university and/or academic medical centers
Functional understanding of excel, access and other standard computer-based tools.
Strong communication skills, both written and verbal.
Significant experience with change management and succeeding in a matrixed reporting environment
Commitment to implementing best practices and influencing others through engaged and energetic leadership style.
Familiarity with, and current knowledge of, federal, state, and local laws concerning financial activities.
Strong commitment to diversity, equity, and inclusion as critical values for the UW SoM, UW Medicine and the University.
DESIRED QUALIFICATIONS
15 or more years of relevant experience.
CPA Certification or relevant accounting experience gained in work experience.
Previous experience in a senior finance/budgeting/accounting leadership role.
Familiarity with University rules, regulations, directives, policies, and procedures concerning financial activities.
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 log into your "My Jobs" page. If you choose 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.
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.