Chief Financial Officer
University of Washington, Seattle, WA, United States, 98105
Starts: Open Until Fillled
The Chief Financial Officer (CFO) directs and manages the financial and business operations of the University of Washington Press. Primary duties include developing and maintaining internal accounting and financial reporting functions, producing annual and monthly reports, developing the annual budget, and performing extensive financial analysis. Manages the relationship with the press's outsourced fulfillment and distribution provider, Hopkins Fulfillment Services. Supervises a business/accounting office staff and is responsible for the timely and accurate processing of all financial transactions.
A key member of the press's management team, the CFO assists the director and departmental managers with strategic planning and business development by analyzing major financial and business trends. The CFO and business/accounting staff work closely with several University of Washington departments, including UW Libraries, financial management, human resources, facilities, and IT.
1. Strategic management.
Partners with press director on financial, operational, and strategic issues; provides advice based on financial analysis and projections. Participates in strategic planning and goal setting as a member of the press's management team. Provides recommendations to strategically enhance financial performance and develop business opportunities.
2. Accounting/business office management.
Supervises, trains, and evaluates accounting/business staff. Identifies and prioritizes assignments to ensure deadlines are met and reviews work for accuracy and compliance with press and university requirements. Areas of financial responsibility for the accounting/business office include: sales accounting, accounts receivable, royalties, work-in-process, inventory management, accounts payable, payroll, purchasing, petty cash, contract administration, office records retention and archiving, facilities, IT, and press HR.
3. Financial management.
Develops the annual operating budget in conjunction with press director and other press managers. Prepares and communicates monthly budget reports and financial statements. Monitors and analyzes financial performance of the press against budget plan. Provides recommendations for revising budgets and, as needed. Provides other financial and operational analyses to press director and management team, as needed.
4. Account management.
Reviews and approves press invoices, purchasing, reimbursements, and journal entries. Oversees reconciliation of press accounting system with university systems and monitors cash flow.
5. Order fulfillment and distribution.
Manages relationship with outsourced fulfillment and distribution provider, Hopkins Fulfillment Services. Monitors sales, shipping and receiving, reporting, and manages relationships with UW press distribution clients. Manages press book inventory and makes recommendations for reprints, stock reduction and write-downs.
6. Grants, title subsidies, gifts, and endowments.
Provides budget information and financial reporting for major grants; tracks title subsidies and private gifts, and ensures that all subvention funds are allocated appropriately. Provides regular progress reports on press fundraising efforts.
7. Office management.
Responsible for the day-to-day running of the press's offices. Serves as primary liaison with UW Human Resources and UW IT. Tracks salaries, and benefits, and ensures the completion of annual performance reviews for all press staff. Oversees the purchasing of computer and office equipment, as needed.
8. Prepares various quarterly and annual reports as required for the Association of University Presses. Coordinates end-of-fiscal-year reporting for the press.
- Bachelor's degree in business, accounting, or related field.
- 4-5 years of experience in budgeting, accounting, financial management, and financial planning, or an equivalent combination of education and experience.
- Proficiency with spreadsheets and databases. Strong communication, project management, organizational, and problem-solving skills.
- Master's degree in Business Administration (MBA) or Certified Public Accountant (CPA).
- Financial experience in a publishing environment. Experience with Quickbooks and Filemaker (Allbooks) a plus.
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 enjoy outstanding benefits and professional growth opportunities, but also an environment noted for diversity, community involvement, intellectual excitement, artistic pursuits, and natural beauty.
Established in 1920, the University of Washington Press supports the university’s research, education, and outreach missions by publishing important new work for an international community of scholars, students, and intellectually curious readers. As one of the largest book publishers in the Pacific Northwest, the press also offers a broad range of regional books for general readers, often developed in partnership with museums, cultural organizations, and local indigenous communities. The press is currently expanding its publishing program and, with this growth, is eager to bring in new ideas, new enthusiasm, and the opportunity for a new editor to join a terrific team of publishing professionals. Based in Seattle, the press is part of a vibrant book culture, with independent bookstores, museums, libraries, and book supporters throughout the city and region.