UW Medicine Program Financial Analyst

UW Medicine Accounting has an outstanding opportunity for a UW Medicine Program Financial Analyst

Work Schedule

Full time for duration of assignment

Hybrid Work Schedule

Mon

• Fri

DEPARTMENT DESCRIPTION

The Program Financial Analyst is responsible for the daily accounting, reporting and analysis for fixed assets, both construction projects and equipment, for UW Medical Center "UWMC" and UW Medicine Shared Services "UWMSS".

The Program Financial Analyst will be responsible for the analytical work that underlies the production and review of the hospital and shared services financial statements as they pertain to fixed assets and the depreciation of such assets. The Program Financial Analyst will also be responsible for analyzing, documenting and correcting problems associated with the recording and reporting of these fixed assets.

Complexity arises from the continued work across UWM to integrate and consolidate clinical and administrative systems, processes, and resources. Chief among these initiatives is the stabilization of the newly implemented Workday Financial System, where this individual will play a role in the reconciliation of current year catch-up transactions, capitalization of assets, as well as design and deployment of future state fixed asset, practices, and processes.

POSITION HIGHLIGHTS

Requires in-depth knowledge of the equipment purchases across the Health System entities. In addition, a critical understanding of the timing and nature of significant transactions affecting fixed assets is necessary, in order to support reliable accounting, reporting and analysis.

A comprehensive knowledge of health system financial data and data structures as well as keen understanding of how data is used and needs to be used in financial reporting processes and financial functions is key to being successful in this position.

Organizational and collaborative skills are needed to make the best use of time and resources to respond to requests timely and address issues effectively with the various stakeholders.

PRIMARY JOB RESPONSIBILITIES

Capitalization, depreciation and related accounting entries

Prepares all calculations and general ledger entries related to capital including depreciation, retirements, salvage value or other entries

Assures entries are consistent with GAAP, GASB and other relevant policies and guidelines. Develops/revises and communicates accounting related capital policies and procedures as necessary

Prepares monthly reconciliations and reconciles against the asset accounting and general ledger

Workday financial accounting system

Maintains the UWMC and UWMSS assets on the UWM Workday asset accounting system

Prepares asset documentation including total cost and useful life and enters this information into the asset accounting system

Prepares asset retirement documentation as required

Capital Reporting

Prepares, analyzes and distributes capital reports for use by accounting, hospital administrators, finance and auditors

Equipment and Construction Project Tracking/Accounting

Designs and develops spreadsheets to monitor UWMC and UWMSS Equipment purchases and Construction projects

Works closely with UW Medicine Finance, UW Medicine Supply Chain Management and University Capital Accounting on issues

Assures the integrity and accuracy of these Workday reports and reconciliations

REQUIRED QUALIFICATIONS

Bachelor's Degree in Accounting, Finance or related field

4-6 years of experience in accounting operations, including month-end close

Highly organized; demonstrated ability to run a process involving multiple stakeholders across a wide range of disciplines, ensuring adherence to policies around approvals, testing, documentation and communication

Demonstrated ability to delve into new subject areas and quickly understand the fundamentals

Demonstrated excellent written/oral communication skills, technical documentation skills, user liaison skills, and personal interaction abilities

Ability to work independently with a high degree of reliability, accuracy and productivity, navigating any reporting data domain or subject area

OR

An equivalent combination of education and experience may substitute for stated requirements

ABOUT UW MEDICINE - A HIGHER DEGREE OF HEALTHCARE

UW Medicine is Washington's only health system that includes a top-rated medical school and an internationally recognized research center. 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.

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. Nearly 29,000 healthcare professionals, researchers, and educators work in the UW Medicine family of organizations that includes: Harborview Medical Center, UW Medical Center

• Montlake, UW Medical Center

• Northwest, Valley Medical Center, UW Medicine Primary Care, UW Physicians, UW School of Medicine, and Airlift Northwest.

Become part of our team. Join our mission to make life healthier for everyone in our community.