Research Financial Analyst
Job code: 4483
The Baxter Lab, in the Department of Microbiology & Immunology, a basic science department in the Stanford School of Medicine, is seeking an analytic and dynamic Research Financial Analyst to provide financial analysis and reporting for the unit’s research and academic activities. This involves gathering data and preparing both defined and customized financial reporting and forecasting. The Research Financial Analyst will produce a wide range of reports and presentation materials to inform decision-making by Faculty and Department leadership.
The Research Financial Analyst will manage the post award activities for a large volume and diverse set of complex, federal and non-federal sponsored research projects as well as manage non-sponsored funds such as gift funds, endowments, and designated funds owned by two faculty. S/he will provide timely detailed and summarized monthly reporting and projections to the faculty and will be responsible for necessary accounting and budget adjustments, setting up labor paylines and adjustments, and approving purchasing, reimbursement, and student transactions. In addition, s/he will work with the Office of Sponsored Research and the Office of Medical Development to complete required sponsored and donor financial reporting and assist faculty as needed with proposal and effort reporting. S/he must interpret complex University and Government policies & individual sponsor and donor terms and conditions and apply them appropriately.
Candidates must be able to work independently, complete projects in a timely and accurate manner with little direction, and manage key areas within a finance operation, as needed. Experience with sponsored and/or fund accounting and reporting in an academic environment is a plus. Advanced proficiency in Excel, and knowledge and experience with Stanford's accounting systems, policies and procedures is desirable.
- Prepare complex proposals within parameters of sponsored and non-sponsored research guidelines.
- Oversee and communicate submission process, both paper and electronic; resolve issues relating to proposal preparation and submittal process.
- Develop, prepare, revise, and finalize project budgets, and provide budget justification; obtain cost sharing commitment and support.
- Serve as liaison and active partner between principal investigators, Office of Sponsored Research, research groups, and other departments; respond to sponsor inquiries; advise of new regulations.
- Collaborate with Office of Sponsored Research to ensure awards are set up properly and cost-sharing requirements are fulfilled; initiate cost transfers.
- Review and approve expenditures, advise on post award spending and commitment activity, and oversee compliance related to fund and revenue.
- Develop and communicate reports supporting project status; create forecasting models, scenarios, and decision aides.
- Manage contract closeout process and audit inquiries; submit final reports and certificates.
- Interpret complex university and government policies (FAR, Cost Accounting Standards, Office of Management and Budget circulars, sponsored guidelines, etc.) for project and university personnel and help guide other staff in interpreting complex policies.
- Identify and implement process improvements.
- Participate in and lead cross campus projects. Train and advise on issues requiring specific technical expertise.
- Oversee and review work of other staff.
- May supervise, train and mentor other staff.
- Serve as a resource on subject area to principal investigator staff.
- Other duties may also be assigned
- Bachelor’s degree in Finance or Economics; advanced proficiency in Excel (i.e., macros).
EDUCATION & EXPERIENCE (REQUIRED):
- Bachelor's degree and five years of job-related experience, or combination of education and experience.
KNOWLEDGE, SKILLS AND ABILITIES (REQUIRED):
- Expert knowledge and fluency of governmental regulations (e.g. FAR, A-21, A-110, A-133, CAS).
- Knowledge and ability to understand, interpret, and communicate university policies and procedures.
- Excellent oral, written, and communication skills.
- Excellent analytical skills; demonstrated proficiency in Excel and web-based tools.
- Strong accounting skills; knowledge of accounting principles.
- Knowledge of procurement needs, including sole-sourcing, cost analyses, vendor requirements, and small business reporting.
- Strong knowledge of property management requirements related to Stanford or non-Stanford title of equipment and fabrications.
- Expert in project management, including managing international collaborations and complex multi-sub award contracts.
- Knowledge of personnel management, including proposing effort for and training and hiring of students, post-doctorals, academic appointments, regular staff, bargaining unit staff, and consultants, along with the circumstances appropriate for each type of position.
- Extreme attention to detail.
- Ability to review a proposal or manage a project with understanding of the overall scope and goal of each sponsored project.
- Excellent time management and organizational skills.
CERTIFICATIONS & LICENSES:
- Cardinal Curriculum I and II must be completed to remain in this position.
- Certified Accountant or Auditor, MBA, project management certification, or similar credential desired.
- Frequently sit, grasp lightly, use fine manipulation and perform desk-based computer tasks, lift, carry, push and pull objects weighing up to ten pounds.
- Occasionally stand, walk, grasp forcefully, use a telephone, write by hand and sort and file paperwork or parts.
- Rarely lift, carry, push and pull objects weighing 11-20 pounds.