Financial Analyst 3

Jul 20, 2017
Institution Type
Four-Year Institution

Stanford University

Financial Analyst 3

Job Number:

Budget Analyst, Grade J, 100% FTE, Exempt

School of Engineering, Dean's Office Finance

Stanford's School of Engineering seeks a Budget Analyst to join our team of four finance professionals in the Dean's Office. The Budget Analyst will report to the School's Finance Officer and work on a full range of non-sponsored financial activities that play a large role in determining key school-wide decisions. This position allows a person the opportunity to learn and fully develop an expertise in the area of financial operations and budgeting in an academic environment. This position also represents an opportunity to be part of a high-level, operational environment and partner with the local unit level to achieve the goals of the school. We are seeking a diligent and self-motivated person.

School of Engineering website:

Note: Not all unique aspects of the job are covered by this job description

Job Purpose:

Perform complex finance functions and/or activities requiring advanced knowledge and application of internal policies, external regulations, precedents and systems. May manage a key area within a finance operation or department/unit.

Core Duties*:

  • Work with SoE Departments, Programs, Centers & Institutes on consolidated budgeting within Tidemark, the University's budget system;

  • Construct and assemble data for School's consolidated budget, totaling $400M; create forecasts, projections, and variance analysis to support decision making; develop conclusions and present high-level summary of recommendations;

  • Manage and present to Dean the summary of School's Funds and Commitments which includes detailed analysis of income, commitments, and actual expense, and provides critical information necessary for decision making, budgeting and long-range forecasting;

  • Aid in creation of multi-year forecast to support building different scenarios for strategic planning;

  • Design and perform ad hoc analysis for School, Departments, Programs, Centers & Institutes; develop reports to meet management needs which require ability to search and extract large data sets from several sources;

  • Provide financial management support to 9 Departments and 6 Programs, Centers & Institutes that report into the School and serve as consultant for units during fiscal year-end close process;

  • Review financial transactions for appropriateness and provide approval in accordance with SoE best practices, University policy and guidelines, accounting principles, audit requirements and recommend, when needed, financial procedures for better controls and workflow efficiencies;

  • Participate in School financial transaction reviews, audit checks and execute control programs established;

  • Identify and resolve complex issues which may span multiple areas; apply ingenuity and creativity to problem analysis and resolution, and recognize exceptions. Participate in developing solutions that may require policy changes or the development of new processes; maintain broader organizational perspective in decision making;

  • Participate in training all new Department, Program, Center & Institute managers and financial officers on all financial matters;

  • Participate as a key member of a team; support new initiatives; cooperate and adapt to changes and processes; make decisions and determine approach to managing and completing processes;

  • Work on special projects as assigned; represent the School, Departments, Programs, Centers & Institutes at University-level meetings, task groups, pilots, and provide advice on behalf of the School when necessary.

    *Other duties may also be assigned

    Minimum Requirements:

    Education & Experience:

    Bachelor's degree plus four years of applicable experience, or combination of education and relevant work experience.

    Knowledge, Skills and Abilities:

  • Advanced proficiency in business applications, such as Microsoft Office suite; especially Excel.
  • Demonstrated knowledge of financial systems; internet and computer literacy.
  • Understanding of and ability to apply accounting skills and concepts.
  • Knowledge of Generally Accepted Accounting Principles (GAAP).
  • Strong communication skills, including ability to prepare materials for and clearly and effectively communicate information to internal and external audiences and client groups.
  • Demonstrated project management skills and ability to contribute to or lead part of a multi-functional 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 his or her 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,

    Applicants are required to upload a cover letter and resume to be considered for this opening.

    About Stanford University

    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.

    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 to promote healthy and fulfilling lives. An award-winning employer, Stanford offers an exceptional setting for professionals looking to advance their careers.

    Stanford is an equal employment opportunity and affirmative action employer and is committed to recruiting and hiring without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by law.

    Thank you for your interest!

    Job: Finance

    Location: School of Engineering
    Schedule: Full-time
    Classification Level:

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

    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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