Senior Financial Analyst (Hybrid Opportunity)
: Job Details :


Senior Financial Analyst (Hybrid Opportunity)

Stanford University

Location: Palo Alto,CA, USA

Date: 2024-10-15T15:39:44Z

Job Description:

The School of Humanities and Sciences (H&S) is the foundation of a liberal arts education at Stanford. The school encompasses 24 departments and 24 interdisciplinary programs. H&S is home to fundamental and applied research, where free, open, and critical inquiry is pursued across disciplines.

The Senior Financial Analyst is a member of the School of Humanities and Sciences Dean's Office, reporting to the Associate Director of Finance. The Finance team is responsible for managing the annual accounting cycle of a $594 million consolidated budget and the development, implementation and management of complex financial systems that support the school.

Position Summary: The Senior Financial Analyst's responsibilities are focused on large-scale analysis of complex financial data; annual accounting and budget cycle activities; development and maintenance of technical infrastructure to support financial functions, policy and procedures; and special projects to support and recommend strategic financial decisions. The position completes complex financial analysis as part of a team. Projects and responsibilities include annual budget development, year-end close, mid-year & year-end variance analysis, supporting analysis for presentations to the University Provost and upper H&S management, budget book submission, projection for faculty searches and consistent updates of consolidated forecasts.

The Senior Financial Analyst is part of a high performing team which works collaboratively, leveraging advanced technical skills to both analyze and narrate the full scope of financial statements. This work requires a deep understanding of financial statements. Success is measured by team success. This position serves as a representative of the H&S Dean's Office and as a subject matter expert for complex financial, policy, procedural, and technical issues. This position manages a wide variety of tasks in a fast-paced academic environment, requiring a high level of professionalism, productivity, accuracy, organization, multi-tasking, independence, sound judgment and decision-making.

Core Duties:

  • 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 for broad areas; develop complex financial analyses, budget and forecasting scenarios, long-range planning, and analyses. Perform root-cause analysis and synthesis, draw conclusions, and propose solutions.
  • Develop complex financial reports and presentations, design and run ad hoc reports, and prepare or review complex transactions to support the stewardship of university resources. Provide consultation to senior leadership to interpret results.
  • Prioritize, identify, and resolve strategic and unit/department issues; recognize exceptions, recommend and develop resolutions and implement solutions.
  • Design an effective system of internal controls for areas of responsibility utilizing strategic analysis of interrelationships of financial processes, policies, and procedures; implement and ensure compliance programs.
  • Lead multiple complex, high-visibility process innovation projects. Develop, champion and implement strategic initiatives with significant impact.
  • Develop, assess, and continuously improve systems and processes to achieve greater efficiencies and improve internal controls. Design and provide training on new financial systems.
  • Analyze problems in business-critical systems, identify risks, solutions, and strategies, act as business owner of projects.
  • Represent organization to client group(s) and leaders: 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 the approach to managing and completing processes.
  • May supervise, train, coach, and review the work of other staff, as needed. Contribute primarily through applying individual expertise.
  • *Other duties may also be assigned.

    Education & Experience

    ● Bachelor's degree and eight years of relevant experience or combination of education and relevant experience.

    Knowledge, Skills and Abilities:

    ● Expert 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 communicating information to internal and external audiences, client groups, and all levels of management.

    ● Advanced project management skills and ability to lead large multi-functional teams.

    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.

    The expected pay range for this position is $150,000 to $202,000 per annum. Stanford University provides pay ranges representing its good faith estimate of what the university reasonably expects to pay for a position.

    At Stanford University, base pay represents only one aspect of the comprehensive rewards package. The Cardinal at Work website provides detailed information on Stanford's extensive range of benefits and rewards offered to employees.

    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.

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