About UVAFinance

OUR VISION IS TO BE THE VALUED AND TRUSTED FINANCIAL PARTNER THAT THE UNIVERSITY COMMUNITY TURNS TO FIRST. 

Our Mission

We build and maintain the financial framework that allows us to steward University resources in a way that is accurate, effective, and transparent.

We share trustworthy financial expertise, information, solutions, and insight with our stakeholders.

We enable our stakeholders (students, educators, researchers, and administrators) to be their best in a complex educational and healthcare environment.

 

Our Values

We deliver accurate, consistent, and reliable information.

We provide excellent service and support to all stakeholders.

We create innovative solutions and pursue continuous improvement.

We build collaborative and trusted relationships.

We value and respect our colleagues.

We train, develop, reward, and recognize our teammates, and value their diversity.

 

Who We Are

THE VICE PRESIDENT FOR FINANCE LEADS THE FOLLOWING Organization Structure

  • AVP Operations
    • Financial Accounting
    • Financial Operations & Tax
    • Payroll Operations
    • Finance Systems Support
    • Compliance
    • PSDS Operations
      • Purchasing
      • AP & Travel
      • VHEPC Operations
      • Supplier Diversity
  • AVP Strategy     
    • Business Intelligence
    • Data Operations
    • Business Services Group
    • Engagement
    • Marketing & Communications
    • Training & Development
    • Financial Planning & Analysis
  • Treasury & Risk Management    
    • Treasury Operations
    • Risk Management Operations
  • Finance Strategic Transformation

 

What We Do
  • Lead financial Management at an institution with a $12.8 billion net position and AAA bond ratings.

  • Produce UVA’s consolidated annual audited financial report and quarterly interim report.

  • Maintain a robust and effective framework to ensure internal controls and financial compliance management.

  • Build an informed and collaborative financial community by delivering training and an annual conference, as well as sponsoring user support through affinity groups, an online community, a blog, and a podcast.

  • Develop Academic Division’s annual budget plan and multi-year financial plan and manage University Financial Model to guide effective decision-making and strong financial management for 12 schools, the College at Wise, and business units, supporting UVA's overall mission to be great and good.

  • We are assessing improving current financial processes as a part of our finance strategic transformation, which includes improving the financial service delivery model and upgrading to a cloud-based enterprise financial system.

  • Provide valued data, analysis, and recommendations for senior leadership and the Board of Visitors.

  • Support UVA’s affordable excellence initiative by balancing tuition requirements and financial aid programs to achieve investment in the excellence of our academic programs while meeting 100% of financial need and minimizing student debt.

Leadership
Melody Bianchetto
Vice President of Finance Melody Bianchetto

Melody Bianchetto, a Certified Public Accountant, was named the Vice President for Finance at the University of Virginia in 2015. She oversees financial operations (accounting, financial reporting, procurement, and payroll), treasury, financial planning & analysis, student financial services, and the University’s Finance Strategic Transformation project. Melody began her UVA career as a budget analyst in 1996, after working in public accounting at EY in Washington, D.C. and Henderson & Everett, PC in Charlottesville.

Melody earned a Bachelor of Science in Commerce from the University of Virginia and a Master of Business Administration from James Madison University. Melody presents regularly at national and regional conferences on higher education finance and management and received NACUBO's Rising Star Award in 2014.

Melody serves on the EACUBO Board of Directors, NACUBO’s Advisory Committee on Women Leaders, the NCAA Board of Governors Finance & Audit Committee, and the SACSCOC 2020 Committee on Fifth-Year Interim Reports.

More from Melody (video content)

                                                                                 Read the latest updates from Melody in the UVAFinance blog. 

 

Join Our Team

Internships

The University of Virginia UVAFinance Internship is designed to provide the intern a broad view of UVAFinance and all its operations including accounting and tax, purchasing, payroll, budgeting, financial systems, banking and cash management, debt, communications and training, and others.  The internship will provide skill development in financial analysis and reporting, as well as technical skills in Excel modeling, and presentation skills using Zoom and PowerPoint.

During this internship, the student(s) will have the opportunity to participate in internal and external meetings, presentations, and group assignments.  This internship provides opportunities to collaborate across UVAFinance and contribute to department deliverables. 

Summer 2022 Information:

Finance 2022 Flyer (External Students) 

Finance 2022 Flyer (UVA Students)

Payroll Positions

UVA Finance has an exciting opportunity to join our team as either a Payroll Cost Allocation Analyst Sr or Payroll Cost Allocation Analyst. Based upon the candidate’s qualifications, the role will be filled at the Sr. or Non-Sr. level.

UVA Finance is a phenomenal place to lead, grow, and deliver impact. It's an organization that values results and teamwork. We like the people we work with and the work we get to do. We strive to create a welcoming and supportive workplace where everyone feels empowered to be their authentic selves and share ideas. We embrace a commitment to diversity, equity, and inclusion. UVA Finance values work-life balance and provides flexible “Remote” work options where possible.

Reporting to the Director of Payroll, the Payroll Cost Allocation Analyst will:

• Develop a deep understanding of Workday payroll processes, including payroll transactions, payroll accounting and costing, fringe benefit allocations, and payroll commitments/obligations

• Reconcile and validate the accuracy of payroll cost allocations and accounting across institutional and departmental accounts, including grants, gifts, and other funding types

• Responsible for maintaining a working knowledge of current technical functionality as well as proposed future functionality • Evaluate and analyze processes to generate payroll cost accounting and payroll commitments and obligations.

• Analyze discrepancies between expected and actual payroll accounting results

• Aid in coordination of accounting matters with other departments, locations, and divisions, including reconciliations and compliance-related control measures when appropriate • Work with other areas of Finance as needed that include but are not limited to cost accounting, sponsored research, tax, and Workday Tenant support • Provide testing support for bi-annual releases and system configuration changes

• Formulate clear functional requirements to support both short- and longer-term solutions

• Manage development of design documents by collaborating with process owners, gathering business requirements, creating functional specifications, and identifying, documenting, and resolving design issues

Functional Area Outcomes

• Provide business support for the following functions:

  • Payroll cost allocations
  • Payroll accounting adjustments
  • Payroll commitments and obligations
  • Fringe benefit allocations
  • Payroll accruals

• Maintain internal user documentation related to payroll costing functions

• Provide Tier 2 end-user support for the payroll costing function

• Promote data consistency, accuracy, and completeness within articulated data standards and the needed security to safeguard and steward the appropriate use of information

• Foster a culture of continuous innovation, seeking out effective use of resources both technical and human

• Provide reporting, analytical insights, coordinated among multiple sources to enable informed and accelerated decision making

Typical Experience/Competencies:

• Payroll Cost Allocation Analyst Sr – 8 years of relevant experience in a payroll costing environment in a complex payroll & compensation organization, including direct experience overseeing accounting functions Payroll Cost Allocation Analyst UVAFinance is the valued and trusted financial partner that the University community turns to first.

• Payroll Cost Allocation Analyst - 5 years of relevant experience in a payroll costing environment in a complex payroll & compensation organization, including direct experience overseeing accounting functions Payroll Cost Allocation Analyst

• Bachelor's degree or equivalent combination of education and experience

• Hands-on experience with payroll processing using a major payroll system such as Oracle, PeopleSoft, SAP, or Workday

• The individual will be a self-starter, self-motivated, able to work independently, prioritize effectively, and perform multiple tasks under minimal supervision.

• Excellent Microsoft Excel skills along with Office and desktop productivity tools such as Office 365, Zoom, and file transfer

• Strong knowledge of Generally Accepted Accounting Principles desired

• Workday experience desired

• Business analysis and/or project management skills

• High degree of professionalism

• Ability to deal sensitively with confidential material

• Strong interpersonal communication skills, with the ability to communicate with individuals at all levels of the organization

• Outstanding problem-solving and analytical skills.

• Exhibit a high level of attention to detail and analytical acumen

• Exhibits a strong sense of accountability for timelines, deliverables, and outcomes

Anticipated hiring ranges (Actual compensation will be determined based upon a variety of factors to include experience and education/certifications

• Payroll Cost Allocation Analyst Sr: $87,000 - $120,000

• Payroll Cost Allocation Analyst: $75,000 - $105,000

For more information regarding this opportunity to express interest please contact Preston Badra at pbadra@apexsystems.com

Continuous Improvement

UVAFinance strives to meet the needs of the University community, and a big part of that is maintaining a culture of continuous improvement.  We focus on better training and process standardization in order to produce results more effectively and better support our stakeholders and the University's mission.

The UVAFinance Continuous Improvement Committee (CIC) works to guide UVAFinance to meet these goals while minimizing the burden on faculty and staff. 

If you have any questions related to continuous improvement, please get in touch with the CIC here

Diversity, Equity, & Inclusion

The Inclusive Excellence Advisory Committee

UVA's Inclusive Excellence framework was implemented to support our collective diversity, equity, inclusion, and belonging efforts in order to propel us on our mission to be a University that is both great and good.   Here in UVAFinance, we support this effort with our own local group, the Inclusive Excellence Advisory Committee.  

The UVAFinance Inclusive Excellence Advisory Committee — Melody Bianchetto, Patty Marbury, ToShun Campbell, LaVerne Harris, Raegan Harouff Gaye, Mohammed AlKaisy, James Cobb, and Brandi Van Ormer, transitioned to an Equity Action Team in January 2022 with the continued goal of implementing action items in the UVAFinance Inclusive Excellence plan. This expanded team includes individuals from across UVAFinance with staggered term limits to balance fresh member input with team continuity.

DEI in the News in UVAFinance

 

Recruitment and Hiring Resources

Inclusive Excellence Posting Language:  It is important that our job postings reflect that we are committed to diversity, equity, and inclusion. Diverse and Inclusive Teams is one of our UVAFinance core values and that should be stated in every job posting. This language should be included in every job posting.

Inclusive Excellence Posting Language

Inclusive Excellence Interview Questions and Resources:  If we are to create and continue to have a culture committed to the value of Diverse and Inclusive Teams, any new UVAFinance team members need to demonstrate this commitment. Interview questions for both individual contributor and manager positions are provided. Select one or two of the questions and during the interview, assess candidates on their commitment to Diversity, Equity, and Inclusion.

Inclusive Excellence Interview Questions and Resources

Internal UVAFinance Job Opportunity Procedure:  We are committed to equality in the employment opportunities available within the organization. Team members within UVAFinance should be considered (first when possible) for open positions. The goal of this procedure is to create a fair, equitable, and consistent process to ensure that when permanent, temporary, or interim employment opportunities are available, they are shared with all UVAFinance team members, and a competitive process is established and followed.

Internal UVAFinance Opportunity Procedure

 

 

CURRENT PROJECTS:

  • Recruiting Diverse Applicants (where to post your listing to get a diverse candidate pool)
  • Guidelines for Selecting Diverse Search Committee Members
  • Tips on Evaluating Job Qualifications to Eliminate Bias

 

Values Document

Valued and Trusted Financial Partner is the vision for UVAFinance. To realize this vision we have identified five core values: to be a Collaborative Partner, to work toward Strategic Continuous Improvement, to provide Service Excellence, to provide Impeccable Sources of Information, and to build Diverse and Inclusive Teams. Descriptions of each value, with sample descriptive behaviors are detailed on the Values Document.

 

Diversity, Equity, and Inclusion Education

Sprint Discussions

UVAFinance hosts bi-weekly discussions where we have open and respectful conversations about topics and current events relevant to Diversity, Equity, and Inclusion. We have discussed many topics including racial inequalities, privilege, symbols of white supremacy, microaggressions, and current events such as the Capitol insurrection, police brutality, voting rights, education, and more.

We have also discussed books, movies, and podcasts including Master of the Mountain: Thomas Jefferson and his Slaves, and The Vanishing Half, and The 1619 Podcast. In the summer of 2021 we spent several months discussing the book Caste: The Origins of our Discontents.

All UVAFinance team members, colleagues, and friends (even those outside UVA) are invited to join us for these thought-provoking discussions. Ideas for discussions are always welcome. Please contact Patty Marbury, at pam5w@virginia.edu for more information or to suggest a topic.

Training

UVAFinance has sponsored online classes such as Inclusive Leadership, led by Dr. Shirley Davis, and The Racial Equity Group’s Bigger than Racism and Allies for Racial Equity and Inclusion. Please contact Patty Marbury, pam5w@virginia.edu, for more information about any of these training courses. UVAFinance has received an Inclusive Excellence grant and seeks out other external funding to offset training costs.

Resources for DEI in UVAFinance

 

 

CURRENT PROJECT:

  • Examples of Performance Goals 
UVAFinance Events

The UVAFinance Spring Fling will be held on April 27, 2022. The biennial, in-person event is an opportunity to gather with our colleagues to share news and celebrate our accomplishments. 

The schedule for the day will be shared closer to the event, but plan on meetings throughout the day and a lunch social with maybe a surprise or two. As plans are finalized, information will be shared through the Outlook calendar invitation you already have and through the blog digest. 

Need hotel accommodations? The Travel Contracts page lists local hotels that provide discounts. When booking, make sure to indicate you are booking under the UVA contract to obtain the discount.

TENTATIVE SCHEDULE

  • 8:30 am to 11:15 am      All-Hands UVAFinance meetings at Newcomb Hall
  • 11:30 am to 1:00 pm      Lunch Social / 3 Food Trucks – Carruthers North Lower Parking lot
  • 2:00 pm to 3:00 pm        Department Meetings – Carruthers Meeting Rooms
  • 3:00 pm to 4:00 pm        UVAFinance Managers Monthly Meeting - Carruthers

Parking at Carruthers Hall

Please park in the North Upper Lot [Zone 5518] only with overflow at UHALL East & West [Zone 5520] and JPJ Arena [also Zone 5520]. Remember you need to pay for parking if you currently do not have a parking permit via the ParkMobile app.

 

Parking at Newcomb

Instructions will be provided to “pay in advance” the week before the event with carpooling suggested.