Financial Analyst 3

Human Resources Services, Redwood City, California, United States

Finance

Post Date Jul 19, 2024

Requisition # 103975

Stanford University is one of the world’s premier academic and research institutions, devoting tremendous intellectual and physical resources toward the betterment of humanity. As a major Silicon Valley employer, Stanford seeks people committed to excellence and to improving our world. In turn, the university is committed to supporting its employees as they develop their careers and enrich their lives.

The University Human Resources (UHR) Finance and Facilities group has the responsibility of various Finance related functions within UHR, providing advice and counsel to UHR leadership and program managers to ensure financial plans support the business and program goals, achieve the highest level of efficiency, effectively utilize funding sources, and are aligned with UHR’s strategic plan.

Reporting to the Assistant Vice President of Finance within University Human Resources, the Senior Financial Analyst will perform complex finance functions and activities with programmatic impact on the institution, requiring professional expertise and application of internal policies and systems. The person will be the finance liaison for several UHR departments; establishing the annual budgets, analyzing and reviewing monthly variance reports, and updating year-end projections.

The ideal candidate will possess strong analytical skills with attention to detail, accuracy and consistency, as well as decision-making abilities while maintaining the highest level of ethics, discretion and confidentiality. They will demonstrate a rapid learning capacity and a strong desire to expand their understanding. This individual is self-motivated and thrives in fast-paced environments, excelling in both independent tasks and collaborative teamwork.

A hybrid work arrangement is applicable for this position (a combination of onsite and work from home). The number of days may occasionally fluctuate subject to business need, and will be onsite a minimum of 2 days/week. The onsite work location is Stanford Redwood City Campus, 505 Broadway, Redwood City, California.

JOB PURPOSE:

Perform complex finance functions and/or activities with programmatic impact on the institution, requiring professional expertise and application of internal policies and systems and external regulations. May manage a key area within a finance operation or department/unit.

CORE DUTIES*:

• Develop complex budget and forecasting scenarios, long-range planning and analyses for financial reporting and presentations; design and run adhoc reports.

• Perform highly analytical, complex finance and control functions; multi-dimensional and complex reconciliations and related analysis; prepare or review and approve complex transactions and higher level dollar value transactions.

• Research, and synthesize data; interpolate results from large amounts of data, identify trends in data, draw conclusions, develop solutions, present and implement recommendations, and create follow up analysis.

• Identify and resolve unique issues with substantial significance; recognize exceptions, and conduct in-depth analysis using advanced technical knowledge and experience. Recommend and develop solutions that may require policy changes or the development of new processes; maintain broader organizational and university perspective in decision making.

• 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.

• Lead and execute unit or cross functional projects and teams, make decisions regarding projects and programs affecting operational effectiveness, policies, or processes.

• Engage in continuous critical analysis of existing systems and processes; make recommendations to achieve greater efficiencies and improve internal controls. Define requirements, develop and implement complex test cases, perform testing and analyze results.

• Lead and support unit and organization strategy and change management initiatives.

• Provide training on new financial systems. Represent organization to client group(s) and external partners; serve as subject matter expert on matters that involve complex technical, financial, or subject matter expertise.

• Assess client and business needs and formulate recommendations to determine approach to managing and completing processes.

• Supervise, train, coach, and review the work of other staff, as needed. Contribute primarily through applying individual expertise.

* 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.

MINIMUM REQUIREMENTS:

Education & Experience:

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

Knowledge, Skills and Abilities:

• 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 Generally Accepted Accounting Principles (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.

Certifications and Licenses:

None

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 the 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 $107,000 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.

Why Stanford is for You

Imagine a world without search engines or social platforms. Consider lives saved through first-ever organ transplants and research to cure illnesses. Stanford University has revolutionized the way we live and enrich the world. Supporting this mission is our diverse and dedicated 17,000 staff. We seek talent driven to impact the future of our legacy. Our culture and unique perks empower you with:

• Freedom to grow. We offer career development programs, tuition reimbursement, or audit courses. Join a TedTalk, film screening, or listen to a renowned author or global leader speak.

• A caring culture. We provide superb retirement plans, generous time-off, and family care resources. A healthier you. Climb our rock wall or choose from hundreds of health or fitness classes at our world-class exercise facilities. We also provide excellent health care benefits.

• Discovery and fun. Stroll through historic sculptures, trails, and museums.

• Enviable resources. Enjoy free commuter programs, ridesharing incentives, discounts and more.

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 at stanfordelr@stanford.edu . For all other inquiries, please submit a 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.

Additional Information

• Schedule: Full-time

• Job Code: 4453

• Employee Status: Regular

• Grade: J

• Requisition ID: 103975

• Work Arrangement : Hybrid Eligible