Senior Student Financial Analyst

Location
94305
Posted
Feb 28, 2017
Institution Type
Four-Year Institution


Stanford University

Senior Student Financial Analyst

Job Number:
74137

Student Financial Services seeks leaders with financial and analytical expertise to work on a team of 8 to optimize our offerings to students via technology and outreach. Our work involves significant collaboration and coordination with offices campus-wide, active management of tools, processes, and business relationships for efficient delivery of services, and a passion for minimizing administrative burden to students to help maximize their time spent learning. If you enjoy analyzing data and trends, project management to implement opportunities for improvement, and fostering progressive relationships with staff and students, the position of Senior Student Financial Analyst in Student Financial Services, a unit of the Division of Student Affairs, may be the right opportunity for you!

JOB PURPOSE:

The Senior Student Financial Analyst will perform complex accounting functions including designing and performing ad hoc analyses, developing and maintaining complex data models, analyzing large data sets, and reconciling complex accounts for Student Financial Services (SFS). The primary job purpose of the Sr. Student Financial Analyst is to ensure accurate billing, effective payments, proper reporting, accounting and compliance; to manage student loan placements and collections; to provide resources and guidance to University departments to ensure accurate receipting and depositing of monies; to develop and lead Student Financial Business projects; to collaborate with the Student Financial Systems team and business partners; and to manage training, systems testing, systems integrations and vendor relationships to support billing and payments.


CORE DUTIES:

  • Develop, lead, and manage Student Financial Business programs/projects with campus wide impact; including project planning, implementation, and collaboration with stakeholders, training, documentation and project closure. Review, design and implement appropriate internal control programs and new or revised policies and procedures for improved compliance, operational effectiveness and efficiencies.
  • Develop, implement, and maintain automated validation processes for analysis to ensure business rules and system functionalities are in sync.
  • Engage in continuous critical analysis of existing system functionality and processes; analyze and evaluate financial data to identify trends, problems or alternative courses of action to solve issues or improve system performance, achieve greater efficiencies and improve internal control.
  • Identify & resolve unique and complex issues with substantial significance; recognize exceptions. Develop & lead in the resolution and improvement recognizing when higher visibility at the university is necessary.
  • Draw conclusions from data gathering and make decisions and/or recommendations on them.
  • Lead business and system improvements initiatives with programmatic impact.
  • Serve as escalation point and subject matter expert, campus wide, for troubleshooting of student financial system and business issues.
  • Manage on-going training of Student Service Personnel, including developing materials and documenting processes; and communicating student financials best practices.
  • Manage vendor relationships and contracts to leverage full system functionality and smooth operations.
  • Manage vendor systems integrated with PeopleSoft; configure the system for best use, monitor activity, troubleshoot issues, and explore new functionality; engage the support of the StudentFinancial Systems team and vendor technical support as appropriate.
  • Consult with business partners to manage intersecting business needs and ensure their business requirements are being met in the systems setup.
  • Coordinate business system testing of new technologies introduced to support student financials.
  • Test PeopleSoft and integrated systems as needed to ensure consistent, continuous, and accurate performance of the systems through upgrades and changes.
  • Collaborate with partners University-wide regarding integrated systems, interrelated activities, and mutually beneficial goals
  • Manage monthly billing process, including validation of data files prior to posting to ERP using expert knowledge of system functionalities; implement and monitor job runs and recommend bill publishing to Director after validation.
  • Manage student refund process ensuring audit and compliance of Title IV regulations for federal aid recipients; serve as primary contact for A-133 audit.
  • Manage external audit process, including audit walkthrough and documentation for evidence of key controls for student accounts and receivables
  • Manage third party contracts with high visibility sponsors to ensure accurate billing and collections.
  • Manage collection activities for all tuition and loan accounts ensuring audit and compliance with Title IV and Fair Debt Collections Practices Act.

- Other duties may also be assigned

MINIMUM REQUIREMENTS:

Education & Experience:

Bachelor's degree plus eight years of applicable experience, or an equivalent combination of education and relevant work experience. Ideally with a focus on financial or higher education operations with system integrations.

Knowledge, Skills and Abilities:

  • Advanced proficiency in business applications, such as Adobe, Visio, Microsoft Office; advanced Excel skills.
  • Advanced knowledge of accounting, financial and student systems; strong computer literacy.
  • Must have solid understanding of how technology is used to solve business problems.
  • Ability to interpret and apply advanced accounting knowledge and understanding of Generally Accepted Accounting Principles.
  • Strong communication skills, including the ability to clearly and effectively communicate information to internal and external audiences and client groups.
  • Demonstrated project management skills and ability to contribute/lead as part of a multi-functional team.
  • Must have experience in accounting and financial data analysis.
  • Must be system proficient with Enterprise software solutions.
  • Experience in Department of Education Title IV Regulations is highly desired.
PHYSICAL REQUIREMENTS:
  • Constantly perform desk-based computer tasks.
  • Frequently sit, sort, file paperwork or parts, grasp lightly, and use fine manipulation, lift, carry, push and pull objects that weigh 10 pounds or less.
  • Occasionally write by hand, twist, bend, stoop and squat.
  • Rarely stand, walk, reach or work above shoulders and use a telephone.
WORKING CONDITIONS:
  • May be required to work extended hours during peak business cycles.
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.
About the unit.

The Student Financial Services team, a unit in Student and Academic Services within the division of Student Affairs, is responsible for managing billing, payment and collections of ~ $900+ million in student accounts receivables representing over 50% of the University's general budget funding; and managing student loan receivables which comprises approximately 10,000 borrowers and over $82 million. Student Financial Services core mission to provide the students exemplary service relating to their account billing and loan management incorporates a wide variety of online services and technology that is enhanced by the professional staff that support the operation.

Experience a culture of excellence.

Stanford University, located 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.

Supporting that mission is a staff of more than 10,000, which is rooted in a culture of excellence and values innovation, collaboration, and life-long learning. To foster the talents and aspirations of our staff, Stanford offers career development programs, competitive pay that reflects market trends and benefits that increase financial stability and promote healthy, fulfilling lives. An award-winning employer, Stanford offers an exceptional setting for professionals looking to advance their careers.

Finalist candidate must successfully pass a pre-employment background check.


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.



Job: Finance

Location: Vice Provost for Student Affairs
Schedule: Full-time
Classification Level:

To be considered for this position please visit our web site and apply on line at the following link: stanfordcareers.stanford.edu

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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