University of Washington

UW MEDICINE FINANCIAL REPORTING MANAGER

University of Washington$125K — $160K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in accounting, finance or related field
  • 5+ years of financial reporting and accounting experience
  • In-depth knowledge of U.S. GAAP
  • Experience in researching technical accounting issues
  • Equivalent experience may substitute for degree requirement

Responsibilities

  • Oversee financial reporting activities for annual financial statements
  • Prepare consolidated and combined financial reports for management and boards
  • Conduct technical accounting research and draft position papers for management
  • Present accounting recommendations to leadership and auditors
  • Support adoption and implementation of new accounting standards
  • Manage consolidation and elimination processes for UW Medicine entities
  • Account for leases and subscription-based IT arrangements per relevant GASB standards

Benefits

  • Medical, dental, and vision insurance
  • Tuition assistance for staff and their families
  • Retirement plan options
  • Generous paid time off and holidays
  • Employee wellness program
Full Job Description

Job Description

UW Medicine has an outstanding opportunity for a Financial Reporting Manager to join its Financial Reporting Team.

POSITION PURPOSE

The UW Medicine (UWM) Financial Reporting Manager will serve as the primary financial reporting authority for UW Medicine (UWM) and will lead activities across UWM entities related to financial reporting policy development, standardization, financial statement audit execution and technical accounting. The UWM Financial Reporting Manager leads preparation, compilation and review of the UWM internal, external and consolidated financial reporting for the UWM Select Units and Harborview. This individual has primary accountability for ensuring technical accuracy, relevance and consistency with both Generally Accepted Accounting Principles and internal financial reporting policies. Additionally, this individual has oversight over several technical accounting areas including lease and subscription based IT accounting.

POSITION HIGHLIGHTS

Ability to have a direct impact on the financial success of UW Medicine

Work with high performing team dedicated to supporting UW Medicine’s mission

Play a lead role in assisting UW Medicine respond to unprecedented level of change in healthcare industry

PRIMARY JOB RESPONSIBILITIES

  • Assume primary oversight for the financial reporting activities associated with the annual financial statements
  • Oversee preparation of various consolidated and combined month, quarterly and annual financial reporting for presentation to Management, Senior Leadership, Finance Committee(s), Board(s) and the University
  • Deliver technical accounting research and analysis; draft and present position papers to management advising on recommended accounting treatment and financial reporting guidelines.
  • Present recommendations to Accounting leadership and auditors.
  • Provide support in the evaluation, adoption and implementation of new accounting standards across UW Medicine.
  • Preparation and Review of UW Medicine Select Units consolidation and eliminations and analysis to ensure completeness and accuracy
  • Work closely with the University to support the University consolidation and elimination requirements for the UW Medicine entities.
  • Support of ad hoc financial reporting and accounting requests.
  • Assume primary accountability for accounting and reporting related to UW Medicine's leases under GASB 87. This includes review of new contracts, monthly accounting entries and reconciliations as well as coordinating with UW Real Estate and UWM Supply Chain to ensure completeness and accuracy of lease and subscription-based IT arrangement accounting.
  • Assume primary accountability for accounting for subscription-based IT arrangements (SBITA) under GASB 96 including review of new contracts, monthly entries and reconciliations. Partner with UW Medicine ITS to ensure completeness and accuracy of SBITA accounting.
  • Assist with accounting for UW Medicine’s pension and post-retirement obligations.
  • Support of other month-end accounting entries as necessary

REQUIRED QUALIFICATIONS

  • Bachelor’s degree in accounting, finance or related field
  • 5+ years of financial reporting and accounting experience
  • In depth knowledge of U.S. GAAP and experience researching technical accounting issues
  • Equivalent experience may substitute for degree requirement

Compensation, Benefits and Position Details

Pay Range Minimum:

$125,004.00 annual

Pay Range Maximum:

$160,008.00 annual

Other Compensation:

-

Benefits:

For information about benefits for this position, visit https://www.washington.edu/jobs/benefits-for-uw-staff/

Shift:

First Shift (United States of America)

Temporary or Regular?

This is a regular position

FTE (Full-Time Equivalent):

100.00%

Union/Bargaining Unit:

Not Applicable

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