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The central finance team at Stanford University has an immediate opening for a Financial Analyst. You will support the annual operating budget process, financial account management and reconciliation, purchasing strategy and compliance, financial reporting, as well as the full range of day-to-day financial activities for the program. The Financial Analyst is a critical role in this dynamic and fast-paced program, bringing expertise in financial strategy as well as a keen sense of operational implementation. This is an ideal job for an individual with outstanding communication and analytical skills who thrives within a collaborative environment.
Summer Session is Stanford University’s fourth academic quarter, offering more than 200 courses from 35 departments to over 2,500 graduate, undergraduate, and advanced high school students. Along with serving the needs of Stanford matriculated students, Summer Session makes it possible for visiting students to take advantage of the same courses, culture, and resources available at Stanford University.
Your Day Will Likely Include:
With oversight from the Financial Analyst 2, develop and maintain systems for soliciting, reviewing and tracking budgets for 35+ Stanford departments offering courses with Summer Session. Reconcile Summer Session monthly expenditure and fund statements for a $12M operating budget and resolve and/or escalate issues as necessary.
Serve as a key resource for Summer Session PTA Managers (functional leads with budgetary oversight) in the development of annual budgets as well as ongoing monitoring of financial accounts throughout the fiscal year. Provide regular and ad hoc reporting and analysis to be used by the finance team in the development of Summer Session’s annual operating budget.
Serve a critical role in Summer Session’s tuition calculation process which is used to calculate Summer Session’s approximately $20M in annual tuition revenue. Drawing on data from multiple sources/systems, this process requires high-level Excel proficiency. Serve as a key member of the finance team providing reports in support of year-end analysis and forecasting including the course tuition and expense report.
Use the monthly reconciliation process as well as ad hoc reporting to identify and resolve a wide range of fiscal and/or process-based issues which may occur with Summer Session’s accounts. Advise colleagues on topics related to operationalizing financial policy and creating effective processes in support of purchasing for Summer Session.
Collaborate on the development and delivery of annual finance training to approximately 12 residential staff making purchases in support of residential/student life program operations. Serve as a financial subject matter expert for summer residential staff including staff verifying PCard (University credit card) transactions. Serve as an approver of the department’s high volume (several hundreds) of purchasing card and travel card transactions. Ensure staff involved in period-end/year-end financial transactions comply with internal and university deadlines.
Serve as the first line resource for Summer Session staff with budgetary responsibility on questions of policy, budget tracking, etc. which may include running ad hoc reports, investigating discrepancies, providing guidance on purchasing, supplier/vendor management, AP payments, etc. Serve as a resource to academic departments for a wide range of questions related to instructional budgeting/expenses.
Experience You Will Bring To The Organization:
Bachelor’s degree and two years of relevant experience or combination of education and relevant experience.
Advanced proficiency in business applications, such as Microsoft Office suite, especially Excel.
Demonstrated knowledge of financial systems, internet, and computer literacy.
Understanding and ability to apply basic accounting skills and concepts.
Strong communication skills, including ability to prepare materials and effectively communicate information to internal and external audiences.
Basic project management skills and ability to contribute to a multifunctional team.
Strong analytical, conceptual, and organizational skills and ability to manage and manipulate large data sets.
Demonstrated success in performing meticulous, high quality and compliant work.
Ability to plan and organize work independently, manage competing priorities, and utilize available resources to complete quality work within time constraints and under minimal supervision.
A curious and growth-based mindset accompanied by a high level of self-motivation and initiative.
Why Stanford is for You https://careersearch.stanford.edu/benefits
Freedom to grow. We offer career development programs, tuition reimbursement, or audit a course. Join a TedTalk, film screening, or listen to a renowned author or global leader speak.
$6,000+ in tuition and training assistance annually
Up to 50% of Stanford's annual tuition cost applied to your child's undergraduate tuition
A caring culture. We provide superb retirement plans, generous time-off, and family care resources.
A healthier you. Climb our rock wall,or choose from hundreds of health or fitness classes at our world-class exercise facilities. We also provide excellent health care benefits.
Discovery and fun. Stroll through historic sculptures, trails, and museums.
Enviable resources. Enjoy free commuter programs, ridesharing incentives, discounts and more!
18+PTO/Vacation days per year
Up to 5% of your base pay contributed automatically to your 403(b) + a generous match
100% of your retirement account is fully vested immediately
The anticipated annual base salary range for this position is $85,000-$92,000 DOE.
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. Stanford welcomes applications from all who would bring additional dimensions to the University’s research, teaching and clinical missions.
Another Source works with their clients, on a retained project basis. We are committed to building inclusive candidate pools as we partner with hiring teams. Veterans, women, people of color, LGBTQIA+, and people with disabilities are encouraged to apply. As you read through the job posting and review the list of qualifications (required and/or preferred), please do not self-select out if you feel you do not meet every qualification. No one is 100% qualified. We encourage you to apply and share your story with us.
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