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Sr. Financial Analyst

Company: Stanford Medicine
Location: San Mateo
Posted on: January 15, 2022

Job Description:

As the oldest medical school in the western United States, the Stanford School of Medicine is devoted to training tomorrow's leading physicians and scientists, conducting leading-edge biomedical research, and creating new ways to prevent and treat disease across the world. We are seeking a proven financial professional to help support this important work.

In collaboration with the department's central research finance managers, this position will 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. The Senior Financial Analyst (Financial Analyst 3) will apply their experience and expertise to provide financial management services for the Director of the Narcolepsy Center ( ).

Financial management services include pre-award responsibilities, budgeting and forecasting, reporting of departmental funds, managing timely month-end and year-end processes, managing labor schedule and approvals of expenditure, purchase orders and invoices. In addition, the individual will manage large and complex clinical trials and support the management of a sponsored research portfolio including R01, U01, industry contract and international partners.

The Senior Financial Analyst will perform routine and ad-hoc financial analysis to influence decision makers. There may be other duties assigned to this position. This role is a great opportunity for an individual who has experience working with senior stakeholders.

Duties include:

  • 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

      • Bachelor's degree and six years of relevant experience or combination of education and relevant experience.


        • 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.


          • 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.

              • 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, .

                  Additional Information
                  • Schedule: Full-time
                  • Job Code: 4453
                  • Employee Status: Regular
                  • Pay Grade: J
                  • Requisition ID: 91095As an organization that receives federal funding, Stanford University has a COVID-19 vaccination requirement that will apply to all university employees, including those working remotely in the United States and applicable subcontractors. To learn more about COVID policies and guidelines for Stanford University Staff, please visit

Keywords: Stanford Medicine, San Mateo , Sr. Financial Analyst, Accounting, Auditing , San Mateo, California

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