Financial Manager
Location: Stanford, CA, United States · Reference: 200853
Stanford University School of Medicine is recruiting a Financial Manager in
its Budget and Financial Planning group. Reporting to the Associate Director,
Budget and Financial Planning and working closely with the Assistant Dean,
Budget and Financial Planning, this position will assist in developing the
School of Medicine's 15-year financial forecast and the School's annual
consolidated budget of approximately $4.5 billion, and managing high-
visibility, wide-ranging financial analysis projects.
The Financial Manager will work closely with departments, units, and programs
to coordinate the annual budget process and assist in the set-up of budget
tools. S/he will also perform financial analysis and present budget data to
her/his immediate management team as well as other senior financial managers
throughout the School. On behalf of the Assistant Dean, Budget and Financial
Planning, s/he will make recommendations to senior management in the areas of
forecasting and budget process improvements.
This challenging position could require you to identify and resolve unique
issues and conduct in-depth analysis using your advanced technical knowledge
and experience. We may also rely on you to develop solutions that bring about
policy changes and serve as a subject matter expert for complex technical or
financial issues.
As one of the world's premier research institutions, Stanford University has
launched hundreds of initiatives solely for the betterment of humanity. There
is a commitment to fostering a workplace culture that promotes diversity,
collaboration, and professional growth. Our culture offers career development
programs, competitive pay that reflects market trends, and benefits that
increase financial stability and promote healthy, fulfilling lives. Come
experience a culture of excellence.
DESIRED QUALIFICATIONS:
Bachelor's degree in Business, Engineering, Finance, or Accounting.
Expertise in budget applications and advanced PowerPoint and Excel /
Google Sheets functions, including pivot tables and graphing.
Ability to craft impactful presentations to enhance financial transparency
and deliver financial analysis results and implications.
Exceptional quantitative and financial analytical skills, especially with
financial projections and forecasting.
Ability to take initiative and ownership of projects.
Strong problem-solving skills, working with stakeholders and other team
members to fully analyze issues and develop insights and actionable
recommendations.
Expertise in institutional accounting systems, databases, data extraction
methods, and report presentation.
Self-starter and demonstrated capability to gain the respect of others,
influence people of varying levels of authority in multiple organizations,
and elicit cooperation without direct authority.
Understanding of fund accounting and the operations of a medical school.
Knowledge of Stanford's Oracle financial systems, data structures, and
methods of report generation is highly preferable.
This position can be either remote or hybrid (working on-site and working
from home). Will need to be on-site a few days a week if hybrid subject to
operational need.
This role is open to candidates anywhere in the United States. The
compensation for this position will be based on the location of the successful
candidate. The expected pay range for this position is $150,130 to $230,000
per annum.
Stanford University provides pay ranges representing its good faith estimate
of the salary or hourly wage the university reasonably expects to pay for a
position upon hire. 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.
Responsibilities
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
solution. Ensure effective and efficient delivery and integration of all
financial services for area of responsibility.
Design an effective system of internal controls for area 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. Empower action, remove obstacles, enable constructive feedback and
support from leaders, and reward and recognize progress and achievements.
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, and identify risks,
solutions, and strategies; act as business owner of project.
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 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.
Minimum Education and 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 communicate 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.
