Salary is commensurate with experience and education.
As a UW employee, you will enjoy generous benefits and work/life programs. For detailed information on Benefits for this position, click here.
The University of Washington (UW) is proud to be one of the nation's premier educational and research institutions. Our people are the most important asset in our pursuit of achieving excellence in education, research, and community service. Our staff not only enjoys outstanding benefits and professional growth opportunities, but also an environment noted for diversity, community involvement, intellectual excitement, artistic pursuits, and natural beauty.
University of Washington Financial Accounting has a full time opportunity for an Assistant Director Banking Services.
Financial Accounting has an outstanding opportunity for an Assistant Director, Banking Services. The Assistant Director will lead the Banking Services unit to provide excellent financial services for the University of Washington (UW). They will be responsible for cash management and banking relations activities which support the research and educational activities of university faculty, staff and students, including central operating accounts and enterprise-wide banking activities. They will oversee UW relationships with all major bank contracts, including service and fee management as well as operational issues, and will be responsible for managing the University's daily cash flow for investment purposes, which exceeds four billion dollars a year. They will also develop and enforce cash handling and banking policies, and ensure proper design and operation of internal controls surrounding cash, manage compliance with laws and regulations pertaining to banking and cash handling activities, and compliance with the Washington State Administrative and Accounting Manual.
The person in this role will manage and leverage the relationships with UW banking service providers, maintaining sound internal controls in our banking and cash handling processes, understanding both the domestic and foreign banking and cash management needs of the University, helping to recommend and implement solutions which meet these needs, and helping to improve processes with an emphasis on best practices and minimizing costs. They will provide excellent customer service regarding UW cash management, unclaimed property, and domestic and international funding mechanisms. This includes collaboration with external vendors and internal process partners, acting as a subject matter expert on banking and cash management practices and products, and acting as a liaison between financial institutions and campus departments. They will develop and lead training and outreach programs to support UW departments, initiate improvements in University processes related to cash management, bank reconciliations, payment methods and associated internal controls surrounding cash handling and storage of cash. They will develop policies and procedures, manage campus compliance with those policies, and participate in the UW Finance Transformation initiative, to design and implement best practice automated solutions to manage cash and banking activities.
Interact with vendors and financial service providers to ensure University cash management needs are being adequately supported. Ensure processes are efficient with sufficient internal controls, in order to manage vendor performance, contract compliance and process enhancements.
Work with internal process partners and financial services customers across the University. Act as the liaison and subject matter expert to provide training and guidance on University policies, troubleshoot and resolve issues and support customer needs, etc. Review bank reconciliations, period-end reports and unclaimed property reports.
Create and maintain metrics to highlight departmental progress to goals and milestones. Encourage staff ideas to identify and implement operational process efficiencies.
Participate in the Finance Transformation Initiative and on University-wide teams for process improvement. Establishment and development of process enhancements related to cash handling / management, banking services and reconciliations, etc.
Supervisory Responsibilities: Supervise Banking Services Manager provide feedback, leadership, mentoring, technical advice and support
Direct and supervise Banking Services staff of 5 FTE permanent staff
Plan and assign tasks, while establishing goals and ensuring deadlines are met
Meet as necessary to share ideas, give direction, and resolve problems
Participate in interviews and selection of new employees
Assist to train staff and ensure adequate cross training of critical core processes
Ensure that employees are aware of their performance and performance expectations
Implement and maintain University policies related to personnel issues Document employee performance in accordance with Personnel Board and University requirements
Follow University Corrective Actions when as appropriate
Bachelor's Degree in Accounting, Finance, Business Administration or related field.
Minimum of six to eight years of experience: Experience overseeing processes and policies which involve cash handling, cash management, banking relationships, banking products and services, and the accounting and reporting related to these areas.
Experience managing a diverse group of individuals, including performance evaluation and employee development.
Proven ability to identify and implement process improvements.
Demonstrated success in leadership, strategic thinking, analytical and communication skills.
Equivalent education/experience will substitute for all minimum qualifications except when there are legal requirements, such as a license/certification/registration.
CTP, CTA, CPA or other advanced credentials or degree.
CONDITIONS OF EMPLOYMENT:
Appointment to this position is contingent upon obtaining satisfactory results from a criminal background check.
Application Process: The application process for UW positions 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, Criminal Conviction History, 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.
Founded in 1861, the University of Washington is one of the oldest public institutions in the west coast and one of the preeminent research universities in the world. The University of Washington is a multi-campus university comprised of three different campuses: Seattle, Tacoma, and Bothell. The Seattle campus is made up of sixteen schools and colleges that serve students ranging from an undergra...duate level to a doctoral level. The university is home to world-class libraries, arts, music, drama, and sports, as well as the highest quality medical care in Washington State and a world-class academic medical center. The teaching and research of the University’s many professional schools provide undergraduate and graduate students the education necessary toward achieving an excellence that will serve the state, the region, and the nation. As part of a large and diverse community, the University of Washington serves more students than any other institution in the Northwest.