Req #: 243446

Department: TREASURY OFFICE

Job Location Detail: Hybrid Available - 3 days a week in office

Posting Date: 02/21/2025

Closing Info: Closes On 03/14/2025

Salary: $10,000 - $11,411 per month

Shift: First Shift

Notes: As a UW employee, you will enjoy generous benefits and work/life programs. For a complete description of our benefits for this position, please visit our website, click here. (https://hr.uw.edu/benefits/wp-content/uploads/sites/3/2018/02/benefits-professional-staff-librarians-academic-contract-covered-exempt-20250130-a11y.pdf)

As a UW employee, you have a unique opportunity to change lives on our campuses, in our state, and around the world. UW employees bring their energy and creative problem-solving skills to their work and are dedicated to building stronger minds and a healthier world. UW is 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 Treasury Office encompasses the major central financial functions for the University of Washington, including cash and institutional forecasting, external and internal lending, and banking, and accounting operations. The Assistant Treasurer reports to the Associate Treasurer for Cash & Liquidity within the Treasury Office. The Assistant Treasurer will lead the institutional financial forecasting process for the Treasury Office, including working closely with campus partners to gather data and understand the underlying drivers impacting campus units. As the individual owner of the financial forecast, this individual must effectively collaborate with other Finance, Planning and Budgeting (FPB) divisions or departments, campus partners (e.g. Facilities, UW Medicine, UWINCO) and leverage relationships with peer institutions to benchmark, determine best practices, and implement improvements to forecast methodology. In 2024, the Cash & Liquidity team’s scope expanded to include enterprise-wide financial forecasting, and there are substantial opportunities to increase the impact of this work. The Assistant Treasurer will need the ability to think creatively, work collaboratively across FPB, and communicate effectively as we seek to grow our capabilities and impact. Strong analytical, communication, and interpersonal skills are needed to be successful in this role. The individual needs to be a self-starter, curious and comfortable with high degrees of ambiguity.

Duties & Responsibilities: Lead and maintain the institutional financial forecast

• Gather data from campus units (Facilities, Medicine, Office of Research, etc.) and lead efforts to more fully integrate certain forecast inputs; work with FPB partners to streamline data collection

• Continuously work to improve the forecast process and methodology by providing thought leadership and applying best practices

• Work with vendor to actively seek ways to best utilize the forecasting tool and troubleshoot issues

• Lead efforts to leverage Workday Finance and Workday Adaptive Planning to obtain insights and data that can inform the institutional forecast

• Analyze and present results of the institutional forecast; work with Debt Management & Analytics team to address questions related to debt capacity analysis

• Perform sensitivity analysis, run various scenarios, and analyze actual institutional performance vs. projections

• Collaborate with Cash & Liquidity colleagues to build connections between the institutional forecast and the cashflow forecast

• Prepare ad-hoc analysis and reports and present to management Support efforts to implement and expand new initiatives in the Forecasting space

• Partner with Budget Operations and Institution Analytics & Decision Support to identify synergies, share knowledge, and drive better outcomes for all teams

• Lead the integration of unit-level budget planning into the institutional financial forecast in partnership with other FPB stakeholder units

• Assess feasibility to implement more frequent updates to forecast

• Improve ability to support ad hoc forecasting needs in support of major institutional initiatives

• Lead efforts to link the institutional forecast with the UW Medicine forecast to improve alignment

• Serve as a consultative partner to other FPB units in the effort to build and maintain projected financial performance metrics for senior leadership decision-making Develop peer relationships across campus and within the higher education sector

• Build and maintain strong working relationships within FPB to support cross-team collaboration

• Develop positive working relationships with key campus partners including UW Medicine, UW Facilities, and UWINCO; help partners understand how campus projections impact the institutional forecast work

• Participate in meetings with higher education peers to discuss forecasting challenges in the sector

• Leverage peer network to identify best practices and apply learnings to the financial forecast Provide periodic support to other FPB departments and/or Treasury teams and other projects, as assigned

• Assist in evaluating forecasting tools and systems

• Cross-train on and provide assistance with cash forecasting, as needed

• Ad-hoc projects as assigned Lead Responsibilities: Responsible for leading the financial forecasting process, gathering and processing data, making periodic updates, regular and ad-hoc reporting, managing the day-to-day operations with the software provider, and making recommendations on future tools for forecasting, including the consideration of AI tools. Required Qualifications:

• Bachelor's degree in Business Administration, Finance, Economics, Accounting or related field and 6 years of experience in finance, to include a minimum of 2 years of experience with financial forecasting.

• An equivalent combination of education and experience from which comparable knowledge and skills have been acquired may substitute for degree.

• Experience creating and maintaining financial models in Excel or other forecasting platform;

• Detail-oriented with strong analytical skills including the ability to work with, synthesize, and summarize complex data

• Ability to partner, collaborate, and take initiative in a decentralized environment

• Curious, a self-starter, strong problem-solving skills, and a continuous improvement mindset

• Excellent interpersonal skills; ability to build and maintain effective relationships

• Experience handling multiple concurrent projects; ability to manage multiple priorities in a highly dynamic environment

• Excellent verbal and written communication and presentation skills, including an ability to effectively communicate complex ideas and/or results to diverse audiences

• Ability to work in a fast-paced, deadline driven work environment

• Advance Excel skills and strong PowerPoint skills

• Demonstrated experience working on diverse groups and teams; respects, values and contributes to UW’s commitment to diversity, equity, and inclusion Desired Qualifications:

• Familiarity with the University, higher education and/or university systems

• Experience using ERP, cubes, or other systems to access and analyze data

• Experience with Workday Finance and/or Adaptive Planning 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 access your “My Jobs” page. If you select 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.

University of Washington is an affirmative action and equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, religion, color, national origin, sexual orientation, gender identity, sex, age, protected veteran or disabled status, or genetic information.