Financial Analyst 3

School of Medicine, Stanford, California, United States

Finance

Post Date Jul 12, 2024

Requisition # 103929

Stanford University- School of Medicine – Department of Obstetrics and Gynecology is seeking a Financial Analyst 3 to perform complex finance functions and/or activities with programmatic impact on the department, requiring professional expertise and application of internal policies and systems and external regulations. They will perform a variety of professional finance and accounting functions involving fiscal interpretation and analysis, reconciliations, and post award activities and diverse set of complex, federal and non-federal sponsored research projects, involving multiple sub-awards, principal investigators, and cross-school initiatives. In addition, this role will work with the Associate Director of Finance on special projects involving ad hoc financial reports and analysis.

Duties include:

• Serve as liaison and active partner between principal investigators, Office of Sponsored Research, research groups, and other departments; respond to sponsor inquiries

• Collaborate with Office of Sponsored Research to ensure awards are set up properly and cost sharing requirements are fulfilled; initiate cost transfers.

• Oversee and lead a team of Finance analysts, provide direction and training.

• Collect data and perform research on details of transactions. Generate, review, analyze and communicate financial data that reflects actual financial performance against approved budgets. Prepare and present quantitative and qualitative analyses focusing on variances from budget and prior data.

• Capture, track, and report revenue and expenses; determine appropriate procedures for financial record preparation, research of transactions and reporting. Oversee, reconcile, and resolve problems relative to complicated accounts.

• Manage contract closeout process and audit inquiries; submit final reports and certificates.

• Develop, maintain and review process controls; recommend and implement any approved modifications; perform analysis and recommend solutions.

• Review, design, and implement appropriate internal control programs, research new regulations, and implement approved changes. Manage compliance program for area of responsibility, interpret internal policy and external regulations, and create and/or review complex compliance reports.

• Run and analyze complex financial reports, often from multiple systems; prepare basic management information reports.

• Identify and implement process improvements. Participate in work area or unit projects.

• Serve as a resource to Principal Investigators and staff.

• Work with Department Administration on special projects involving ad hoc financial reports and analysis.

*- Other duties may also be assigned

EDUCATION & EXPERIENCE (REQUIRED):

Bachelor’s degree and six years of relevant experience or combination of education and relevant experience.

KNOWLEDGE, SKILLS AND ABILITIES (REQUIRED):

• Advanced proficiency in business applications, such as Microsoft Office suite, especially Excel.

• Advanced knowledge of Enterprise Resource Planning and financial systems; internet and computer literacy.

• Knowledge of GAAP.

• Advanced professional communication skills, including ability to prepare materials for and clearly and effectively communicate information to internal and external audiences, client groups, and management.

• Strong project management skills and ability to contribute to or lead part of a multi-functional team.

PHYSICAL REQUIREMENTS*:

• Constantly sitting.

• Frequently perform desk-based computer tasks, use telephone, writing by hand, sort/file paperwork.

• Occasionally stand/walk, lift/carry objects weighing 11-20 pounds.

• Rarely reach/work above shoulder.

*- Consistent with its obligations under the law, the University will provide reasonable accommodation to any employee with a disability who requires accommodation to perform the essential functions of his or her job.

WORKING CONDITIONS:

Routine extended working hours during peak cycles; travel to school/unit sites across university

WORK STANDARDS:

• Interpersonal Skills: Demonstrates the ability to work well with Stanford colleagues and clients and with external organizations.

• Promote Culture of Safety: Demonstrates commitment to personal responsibility and value for safety; communicates safety concerns; uses and promotes safe behaviors based on training and lessons learned.

• Subject to and expected to comply with all applicable University policies and procedures, including but not limited to the personnel policies and other policies found in the University's Administrative Guide,http://adminguide.stanford.edu.

The expected pay range for this position is $111,000 to $143,000 per annum. Stanford University provides pay ranges representing its good faith estimate of what the university reasonably expects to pay for a position. The pay offered to a selected candidate will be determined based on factors such as (but not limited to) the scope and responsibilities of the position, the qualifications of the selected candidate, departmental budget availability, internal equity, geographic location and external market pay for comparable jobs.

At Stanford University, base pay represents only one aspect of the comprehensive rewards package. The Cardinal at Work website (https://cardinalatwork.stanford.edu/benefits-rewards) provides detailed information on Stanford’s extensive range of benefits and rewards offered to employees. Specifics about the rewards package for this position may be discussed during the hiring process.

Consistent with its obligations under the law, the University will provide reasonable accommodations to applicants and employees with disabilities. Applicants requiring a reasonable accommodation for any part of the application or hiring process should contact Stanford University Human Resources by submittinga contact form.

Stanford is an equal employment opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other characteristic protected by law.

The job duties listed are typical examples of work performed by positions in this job classification and are not designed to contain or be interpreted as a comprehensive inventory of all duties, tasks, and responsibilities. Specific duties and responsibilities may vary depending on department or program needs without changing the general nature and scope of the job or level of responsibility. Employees may also perform other duties as assigned.

Additional Information

• Schedule: Full-time

• Job Code: 4453

• Employee Status: Regular

• Grade: J

• Requisition ID: 103929

• Work Arrangement : Hybrid Eligible