University of Washington IT AVP and Chief Financial Officer
Company: Daily Progress
Location: Seattle
Posted on: October 19, 2024
Job Description:
Position Overview: The UW-IT AVP and Chief Financial Officer
(CFO) is a unique opportunity to change lives on our campuses, in
our state, and around the world. UW-IT employees offer their
boundless energy, creative problem-solving skills, and dedication
to building stronger minds and a better world. By being deeply
invested in our work, showing compassion in our interactions, and
embodying the spirit of a team player, each member contributes to
our thriving community. UW-IT 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.
UW Information Technology (UW-IT) is the central information
technology organization for the University of Washington,
responsible for strategic planning, oversight, and direction of the
UW's information technology (IT) infrastructure, resources, and
services. UW-IT provides critical technology support to all three
campuses, UW Medicine, and research operations around the world,
partnering with the UW community to enable innovation, learning,
discovery, and service. The CFO for UW-IT plays a critical role in
overseeing the organization's financial health and operational
efficiency. Reporting directly to the CIO (Chief Information
Officer) and serving as a key member of the Executive Leadership
Team (ELT), the CFO provides leadership and direction in financial
accounting, budgeting, procurement, contract management, asset
management, and facilities oversight. This role ensures that
UW-IT's financial practices align with the University's mission and
support its teaching, learning, research, and innovation objectives
across all campuses, UW medical centers, and global research
operations. The CFO will join a highly effective, collaborative,
and dedicated leadership team (the ELT) that values shared
accountability, transparent leadership, and a strong commitment to
each other and the University's mission. The ELT is deeply invested
in fostering a culture of teamwork, mutual support, and compassion
and embracing the importance of having fun and maintaining a
positive work environment. The CFO is expected to commit to and
contribute to this leadership culture. Position Complexities:The
UW-IT CFO balances immediate fiscal management needs with long-term
strategic planning. The CFO develops financial strategies to
support the evolving goals of UW-IT and the University's new
technology strategic plan. They manage within UW's complex
financial landscape that includes diverse revenue streams,
regulatory requirements, and the transition to a new university
budgeting model. UW-IT is a large organization with an annual
operating budget of $165 million and additional annual capital
expenditures for strategic projects and technology renewal. Its
revenue streams include annual university budget allocations,
internal recharge for services, project funds and grants. This role
requires the ability to work effectively across various stakeholder
groups, including University leadership, faculty, and external
partners, to ensure financial practices support the University's
mission. Working in collaboration with other UW-IT leaders, the CFO
must skillfully manage competing priorities, such as supporting
innovation while maintaining financial sustainability and
accountability. This involves understanding the unique needs of
different departments and services, each with its own operational
demands and expectations. The CFO plays a crucial role in fostering
a culture of transparency, collaboration, and shared accountability
within UW-IT. This requires not only financial acumen but also
strong leadership, effective communication, and the ability to
influence decision-making at all levels of the organization. As the
University explores shared services and other financial
innovations, the CFO must be agile, adaptable, and
forward-thinking, ensuring that UW-IT remains a key contributor to
the University's success. In summary, the CFO role demands a blend
of strategic vision, operational expertise, and the ability to
navigate the complexities of a large, dynamic educational
institution. Strategic Leadership and Governance:
- Contribute actively to the Executive Leadership Team (ELT),
fostering a collaborative, supportive, and transparent environment
aligned with the team's values and the University's missions.
- Develop and maintain strong, collaborative relationships with
key external stakeholders, including University leadership,
academic and administrative units, and external partners, to ensure
alignment and support for UW-IT's strategic financial goals.
- Serve as a key advisor to the VP of UW-IT & CIO on financial
matters.
- Provide strategic financial support and resource planning for
Information & Technology Governance.
- Develop life cycle costing analyses (implementation,
operations, and renewal) for major technology projects and
services.
- Support the University's transition from Activity Based
Budgeting (ABB) to Incentive Based budgeting (IBB) and ensure
alignment between UW-IT's financial model with the University's
overarching fiscal objectives.
- Support and participate in IT leadership and governance bodies,
such as Information & Technology Governance, Strategic Leadership
Team (SLT), and UW Computing Directors.
- Lead or co-chair relevant committees and councils, including
the Technology Recharge Fee (TRF) Advisory Committee and Activity
Based Budgeting (ABB) Steering Committee.
- Provide leadership and operational expertise in the development
and implementation of UW-IT's new financial model. Roles by
Function Business, Finance & Facilities Administration:
- Lead the development and execution of short-term and long-term
financial strategies to sustain UW-IT's funding model, including
state appropriations, tuition, grants, and auxiliary revenues.
- Supervise division operational leaders, ensuring the integrity
of financial systems, producing accurate financial reports, and
accounting.
- Oversee procurement processes, contract management, and
asset/inventory management.
- Ensure compliance with Generally Accepted Accounting Principles
(GAAP), UW financial accounting standards, and other regulatory
requirements.
- Provide leadership, mentoring, and accountability for all staff
within the division, fostering a high-performing and collaborative
team environment. UW-IT Facilities Management:
- Oversee the allocation and management of physical space within
UW-IT in coordination with UW Facilities and Real Estate.
- Supervise staff responsible for logistical support, space
management, and project management of renovations.
- Ensure access control and security for all UW-IT facilities.
Workday Operations
- Provide leadership and support for the ongoing
operationalization and optimization of Workday Finance, ensuring
alignment with organizational needs and objectives.
- Collaborate and partner with UW Finance Planning & Budgeting
(FPB) and UW Human Resources (UWHR) on budget, procurement, and
human resources matters related to the Workday implementation.
- Lead and participate in operational and strategic planning and
budgeting for Workday Financials. To ApplyUW-IT has retained Next
Generation Leadership Partners to assist with this search.
Inquiries and nominations may be made in confidence by contacting
Next Generation's Phil Goldstein phil@nextgenpartnersllc.com.
Applicants should use this link to submit a resume and cover
letter. For full consideration, applications should be received by
October 18th. Conditions of EmploymentThe approved compensation
range for this position is $240,000 to $260,000. This position
functions within a hybrid work environment where the Executive
Leadership Team works onsite T/W/Th weekly. 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.
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. 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.
The University of Washington is a leader in environmental
stewardship & sustainability, and committed to becoming climate
neutral. The University of Washington is an equal opportunity,
affirmative action employer. All qualified applicants will receive
consideration 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 /
206-543-6452 (tty) or dso@uw.edu. Requirements
- A minimum of 10 years of experience in a leadership role within
finance, accounting or budgeting.
- Demonstrated expertise in the development and execution of
multi-year financial plans for complex organizations or divisions
of a large institution, agency or company.
- Understanding of generally accepted accounting principles and
experience adopting best practices in promoting fiscal
accountability and transparency in an organization.
- Exceptional leadership qualities, including proven ability to
support organizational values of being invested, compassionate,
team players.
- Experience modeling and furthering personal and team
accountability, managing conflict, and own responsibility for
mistakes.
- Effective oral and written communication skills, with the
capacity to articulate complex ideas persuasively to a diverse
range of stakeholders.
- Proven experience with data analysis and the ability to distill
complex datasets into straightforward, actionable insights.
- A commitment to advancing diversity, equity, inclusion,
belonging, and accessibility is expected for this role. Desired
- Over 10 years of experience in finance, accounting, or a
related field.
- Supervisory experience managing teams of 10-15 or more is
preferred.
- Experience working in a public higher education, state
institution, or with a firm that serves a higher education or state
institution.
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Keywords: Daily Progress, Kent , University of Washington IT AVP and Chief Financial Officer, Executive , Seattle, Washington
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