JOB DESCRIPTION Senior Financial Analyst Job Family: Finance Job Code: 4453 Grade: J Exemption: Exempt Note: Not all unique aspects of the job are covered by this job description Stanford University has changed the world, over and over again. We are one of Silicon Valley's largest employers - and also one of the most unique. Our mission is to educate future leaders and promote interdisciplinary, world-class research and teaching. This passion makes Stanford an intensely creative, rewarding, and challenging place to work. At the same time, our traditions of respect and collaboration sustain a humane, supportive environment in which to pursue your life and your career. Researchthe creation of new knowledgeis key to Stanford's educational mission. Stanford research has led to breakthrough remedies, devices, tools, and concepts, as well as 25 Nobel prizes for Stanford faculty. Among the inventions and discoveries that have resulted from Stanford research are MRI technology, DNA cloning, the Pill, heart transplantation, and digital music. The Office of Research Administration (ORA), manages the administrative processes related to the entire lifecycle of sponsored research from proposal submission through award closeout. ORA submits nearly 3,300 new proposals annually and manages more than 5,500 active sponsored projects. JOB PURPOSE: The Senior Financial Analyst, a critical function that processes Stanford's indirect costing, will report to the Director of Research Administration Policy and Compliance within ORA. This function is primarily responsible for performing Indirect Cost Burdening functions within Oracle Grants Accounting including setup, monthly reconciliations, quarterly and annual reviews, and troubleshooting system issues. These activities result in automated charges to sponsored awards (federal, state, non-government) and have a high institutional impact. He/she will work closely with the Post Award team in ORA, service centers administration personnel and campus wide department finance personnel. This role will eventually serve as the University's subject matter expert in indirect cost burdening process, and will be the business owner for related COSO controls and related Oracle Grants Accounting processes. Additional responsibilities include compliance oversight of service centers and allocation methodologies, and external audit support activities. Heavy involvement with the following Oracle Applications is expected: Grants Accounting, Accounts Payable, General Ledger, and Oracle Business Intelligence. 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*:
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.
Develop complex budget and forecasting scenarios, long-range planning and analyses for financial reporting and presentations; design and run ad hoc reports.
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.
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 MINIMUM REQUIREMENTS:Education & Experience: Bachelor's degree and six years of relevant experience or combination of education and relevant experience. Knowledge, Skills and Abilities:
Knowledge of Oracle ERP Applications (Grants Accounting, AP, GL) and Indirect Cost Burdening concepts.
Advanced proficiency in business applications such as Excel, Access Database and Microsoft SQL.
Working knowledge of OMB Uniform Guidance principles and US 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 a multi-functional team.
Certifications and Licenses: None Other: Master's degree in relevant fields is preferred. Knowledge or experience in Indirect Cost Burdening process is preferred. Experience in Higher Education industry is highly desirable. We are not able to provide sponsorship or relocation for this position. Stanford is an equal opportunity employer and all qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by law.
Location: Business Affairs, California, United States Schedule: Classification Level:
Stanford is an equal opportunity employer and all qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by law.
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Located between San Francisco and San Jose in the heart of Silicon Valley, Stanford University is recognized as one of the world's leading research and teaching institutions. Leland and Jane Stanford founded the University to "promote the public welfare by exercising an influence on behalf of humanity and civilization." Stanford opened its doors in 1891, and more than a century later, it remains dedicated to finding solutions to the great challenges of the day and to preparing students for leadership in a complex world. The University's thriving diverse community is comprised of nearly 7000 undergraduate students, 9000 graduate students, 2000 faculty members, 1900 postdoctoral scholars, and over 11,000 academic and administrative staff in seven schools including several interdisciplinary research centers and institutes. The campus spreads over 8000 contiguous acres and nearly all undergraduates live on campus. Stanford offers bachelor's and master's degrees in addition to doctoral degrees (PhD, MD, DMA and JD) plus a number of professional and continuing education programs and certifications. More at http://facts.stanford.edu and http://www.stanford.edu.Stanford University is an eq...ual opportunity employer and is committed to increasing the diversity of its faculty. It welcomes nominations of and applications from women, members of minority groups, protected veterans and individuals with disabilities, as well as from others who would bring additional dimensions to the university’s research, teaching and clinical missions.