Financial Reporting Manager

Our Purpose

Stanford Medicine is leading the biomedical revolution in precision health. We are transforming health care away from after-the-fact diagnosis to prediction and prevention and away from one-size-fits-all medicine to personalized care that empowers people to lead healthy lives. We are leveraging the art and science of medicine to predict and prevent disease before it strikes and cure it decisively if it does.

To achieve our Precision Health vision, we are integrating, building, and leveraging our strengths in fundamental research, the new field of biomedical data science, and nine transformative biomedical platforms. As a learning health system, we will apply these advances in our hospitals and health care delivery systems within Stanford Health Care and Stanford Children’s Health.

Our Values

Fulfilling our promise to humanity requires the engagement of a diverse, creative, and collaborative team of professionals who work together to advance our research, education, and patient care mission. We strive to create a culture of inclusion and belonging to ensure all employees have the meaningful employment experience that is necessary to do their best work.

Do you want to contribute your financial skills to support the mission of one of the best medical schools in the world? The Stanford University School of Medicine, will give you the opportunity to grow your skills, lead key financial processes and engage in continuous improvement.

Our Work

We are seeking a Financial Reporting Manager to join our team. The ideal candidate will have an interest in financial analysis, in leveraging financial systems, and conceptualizing new reports and presentations to explain trends and results. Responsibilities will include, but are not limited to the following :

Duties include :

Lead quarterly reporting process, including report generation and financial analysis of trends and variances vs. projections and prior periods.

Serve as key liaison between Global Business Services and Faculty Staff Housing for Section 117 reporting and housing loan portfolio management, respectively.

Build ad-hoc analysis and reports to understand various revenue and expenditure streams trends based on clinical activities, expendable surpluses, research expenditures, etc. as well as consideration of income, reserve reporting, and reserves analysis based on days cash on hand.

Partner with University Controller’s team for required analyses on financial trends and results

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.

• Other duties may also be assigned

DESIRED QUALIFICATIONS :

Knowledge of Oracle / OBI, CPB (Hyperion Planning), or other business financial systems.

Advanced analytical skills to review and analyze complex financial information.

Understanding of fund accounting and the operations of a medical school are a plus.

EDUCATION & EXPERIENCE (REQUIRED) :

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

KNOWLEDGE, SKILLS AND ABILITIES (REQUIRED) :

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 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.

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.

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 bases 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.

This role is open to candidates anywhere in the United States. Stanford University has five Regional Pay Structures. The compensation for this position will be based on the location of the successful candidate. The expected pay range for this position is $134,083 to $182,708 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.

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 Stanfordʼs extensive range of benefits and rewards offered to employees. Specifics about the rewards package for this position may be discussed during the hiring process.

Consistent with its obligations under the law, the University will provide reasonable accommodations to applicants and employees with disabilities. Applicants requiring a reasonable accommodation for any part of the application or hiring process should contact Stanford University Human Resources by submitting a contact form.

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.

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.