Financial Analyst 3

Location
California, United States
Posted
Thursday, 2 July 2020
End of advertisement period
Wednesday, 2 September 2020
Ref
86828
Contract Type
Permanent
Hours
Full Time

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 and external policies and regulations. They will perform a variety of finance and accounting functions involving fiscal interpretation and analysis, reconciliations, and management of diverse set of complex clinical practices.  Responsibilities will include budgeting and forecasting, design of regular and ad hoc reports, executing timely month-end and year-end processes, managing labor schedules and approvals of expenditure, purchase orders and invoices functions. You will identify and resolve complex issues; apply ingenuity and creativity to problem analysis and resolution; recognize exceptions; and maintain broader organizational perspective in decision-making. This challenging position requires the ability to identify and resolve unique issues and conduct in-depth analysis using advanced technical knowledge and experience. There may be other duties assigned to this position.

Duties include:

Budgeting, Analysis & Reporting

  • Perform and design ad hoc analyses of large complex data sets: reconcile complex accounts. Identify and resolve complex issues which span multiple schools and departments.
  • Construct and assemble data for budgeting and decision making; develop conclusions, and present a high-level summary of recommendations. Will develop annual budget for individuals, divisions/unit and programs within the Department.
  • Conduct analysis and resolution, and recognize exceptions. Participate in developing solutions that may require policy changes or the development of new processes; maintain broader organizational perspective in decision making.
  • Execute internal control programs established by management, research new regulations, and recommend and implement approved changes. Manage compliance program for area of responsibility, and create complex compliance reports.
  • Develop reports and presentations of complex financial data and metrics for management and third parties.
  • Participate as a member of a project team; support new initiatives with financial analysis. Make decisions determining approach to managing and completing processes.
  • Contribute to unit and organization strategy; assist in the development of change management plans and materials as needed.
  • Forecast financials for new program initiatives.
  • Create, track and reconcile event and program specific budgets.
  • Complete month end and quarterly financial reporting for Department.
  • Contribute to development of budgeting and forecasting used to inform key activities and decision making.

Financial Transactions & Systems

  • Manage labor scheduling and distribution for staff and faculty for the clinical practice.
  • Develop and maintain process documentation for area of responsibility.

Office Operations

  • Support general office operations and office financial transactions. Understand and participate in cross training on core functions in Center.
  • Participate as a member of project teams and contribute to change management strategy through communication and collaboration with others. Participate in team wide initiatives, team player willing to help with whatever necessary to accomplish office goals.
  • Keep staff up to date on new financial policies and regulations as introduced by Stanford.
  • Participate in critical analysis of existing systems and processes, and identify opportunities for process improvement.

* - 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.

Additional Information

  • Schedule: Full-time
  • Job Code: 4453
  • Employee Status: Regular
  • Grade: J
  • Department URL: http://obgyn.stanford.edu
  • Requisition ID: 86828

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