Financial Analyst 1

ABOUT STANFORD UNIVERSITY AND RESIDENTIAL & DINING ENTERPRISES:

Stanford University, located between San Francisco and San Jose in the heart of California's Silicon Valley, is one of the world's leading teaching and research universities. Since its opening in 1891, Stanford has been dedicated to finding solutions to big challenges and to preparing students for leadership in a complex world.

Residential & Dining Enterprises (R&DE), the largest auxiliary organization at Stanford University, supports the academic mission of the University by providing high-quality services to students and other members of the university community. The department has an annual operating budget of over $350M, operates 24/7/365, and oversees a $3B asset portfolio comprising a 7 million sq. ft. physical plant across the campus. In autumn quarter of the 2021-22 academic year, R&DE will return to providing housing for over 13,000 students and dependents, serving meals at 17 dining halls, 12 retail locations, and operating athletic concessions and conference operations. Additionally, R&DE comprises 900 FTE staff in the following divisions: Student Housing Operations, Stanford Dining, Stanford Hospitality & Auxiliaries, Stanford Conferences, Maintenance Operations and Capital Projects, and a team of R&DE strategic business partners: Finance & Administration, Information Technology, Human Resources, and Strategic Communications.

“Students (Customers) First” is the mantra of R&DE and our strategic goals reflect our commitment to delivering quality and excellence to our constituents every day.  In R&DE,“Excellence is defined by aligning our strategic goals and performance with our vision.”

This role is currently designated as hybrid and may provide incumbents with flexibility for partial telecommuting.

JOB PURPOSE:

Perform, independently, moderately complex finance functions and/or activities related to transactions, accounting, budgeting and forecasting requiring specific knowledge, skills, and broad application of policies, precedents, and systems within context of internal policies and external regulations. Manage payments and purchase orders for off campus housing. Track lease records and prepare reporting. This position will also have a supporting role to help with month-end accounting and analytics in the central budget areas of R&DE (SrAVP).   

CORE DUTIES:

·       Maintain lease and occupancy records and prepare reports; track renewals

·       Manage the invoice and payments for off campus housing and ensure timely payments for rent, furniture, utilities and miscellaneous items

·       Issue purchase orders and maintain adequate funding for scheduled services, rent, furniture and utilities.

·       Evaluate key controls, develop new processes for streamlining existing procedures, templates and reports for enhancing controls.

·       Analyze financial data and create journal entries to record operational transactions.

·       Perform structured analysis; conduct data mining; identify, clarify, and investigate discrepancies and exceptions; proactively develop solutions and processes.

·       Maintain, reconcile, review, combine, and validate financial data sets and accounts, utilizing financial reports, financial databases, and key financial information.

·       Contribute to development of budget, forecasting, and analyses to be used for key activities or decision making.

·       Run and analyze financial reports, often from multiple systems; assist in preparation of management information reports.

·       Resolve issues within immediate work unit; Perform preliminary analysis, recognize exceptions and recommend solutions that may require policy changes or the development of new processes.

·       Ensure works complies with complex internal policies and external regulations which may require interpretation.

·       Participate as a member of a project team and contribute to change management strategy through communication and collaboration with others.

·       Serve as a first line resource to client groups on matters in work unit.

·       Understand and participate in cross training on core functions in work area or unit; serve as a back-up to other functions.

·       May supervise the day-to-day activities and provide on the job coaching and training to other staff, as needed.

MINIMUM REQUIREMENTS:

Education & Experience:

Bachelor’s degree and two years of relevant experience or combination of education and relevant experience.

Knowledge, Skills and Abilities:

·       Advanced proficiency in business applications, such as Microsoft Office suite, especially Excel.

·       User knowledge and demonstrated experience of financial systems; internet and computer literacy.

·       Understanding and ability to apply basic accounting skills and concepts.

·       Demonstrated communication skills, including ability to prepare materials for and clearly and effectively communicate information  to internal audiences and client groups.

·       Basic project management skills and ability to contribute as part of a project team.

Certifications and Licenses:

None

PHYSICAL REQUIREMENTS*:

·       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 the job.

WORKING CONDITIONS:

·       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, http://adminguide.stanford.edu .

The expected pay range for this position is $93,000 to $104,000 per annum.

Stanford University provides pay ranges representing its good faith estimate of what the university reasonably expects to pay for a position. 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.

Why Stanford is for You:

Imagine a world without search engines or social platforms. Consider lives saved through first-ever organ transplants and research to cure illnesses. Stanford University has revolutionized the way we live and enriches the world. Supporting this mission is our diverse and dedicated 17,000 staff. We seek talent driven to impact the future of our legacy. Our culture and unique perks empower you with:

●        Freedom to grow. We offer career development programs, tuition reimbursement, or course auditing. Join a TedTalk, film screening, or listen to a renowned author or global leader speak.

●        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

The job duties listed are typical examples of work performed by positions in this job classification and are not designed to contain or be interpreted as a comprehensive inventory of all duties, tasks, and responsibilities. Specific duties and responsibilities may vary depending on department or program needs without changing the general nature and scope of the job or level of responsibility. Employees may also perform other duties as assigned.

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.

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.