Director of Finance
Director of Finance
Job Number: 76553
Stanford University is seeking a Director of Finance (Financial Manager 2), to manage staff responsible for complex finance and control functions and manage overall finance operations for the Department of Medicine (DOM).
The Director of Finance reports directly to the Director of Finance & Administration (DFA) for the DOM. Responsibilities include: Administration of the DOM's $365M Annual Restricted and Unrestricted Budget & Accounting. Position is responsible for the preparation of the Department's entire annual consolidated budget and for tracking and reporting annual expenditures for the consolidated income statement. Position prepares division Profit and Loss (P & L) statements as well as the Departments consolidated statement on a quarterly basis. Ensures revenues are reported to appropriate cost centers. Ensures expenses are reported to appropriate cost centers as well as ensures for that they meet University policies. Supervises staff that assist in these functions.
About the Department of Medicine and Stanford:
Founded in 1909, the Department of Medicine is a national leader in medical education, scientific discovery, and clinical excellence. It is ranked in the Top 10 departments of Medicine in the country in NIH research and residency education. As part of Stanford School of Medicine (Stanford Medicine), the Department helps to shape, guide and lead efforts in Precision Health, Health Care Policy, and Cancer and Cardiovascular research, among many other initiatives.
Our close proximity to the resources of Stanford University — including the Schools of Business, Law, Humanities and Sciences, and Engineering - our seamless relationship with our affiliated adult and children's hospitals, and our ongoing associations with the entrepreneurial endeavors of Silicon Valley, make us uniquely positioned to accelerate the pace at which new knowledge is translated into tangible health benefits.
- Manage the work of other employees, make hiring decisions, provide coaching, training and mentoring, manage performance, determine staffing needs, develop and ensure succession planning within area of responsibility.
- Establish operational objectives and assignments, plan, direct and monitor all budgets for areas of responsibility, manage business operation and administration of several functional areas, may manage a team in providing post award sponsored research administration and services.
- Identify and resolve unique problems of substantial significance that affect the overall functional area, beyond the immediate unit.
- Manage organization's financial activities and structure; develop system and procedure requirements to support the financial reporting for the organization.
- Contribute to designing, developing and delivering complex policies and procedures with both short and long term impact.
- Collaborate with other colleagues on school/ unit projects; design and execute an effective system of internal controls for areas of responsibility; establish operational objectives to support the university's stewardship of resources.
- Engage in continuous critical analysis of existing systems and processes; identify need for new systems, and develop and present proposals.
- Lead complex, high-visibility process redesign and innovation projects; develop, implement, and participate in major initiatives.
- Represent the units/school within the functional units or school and to external constituencies.
- Demonstrated ability to manage highly complex operational issues related to research, academic and clinical environments.
- Skilled in all facets of managing a large business enterprise including personnel management, communications, and operations.
- Proven ability to define issues, strategically plan and model options & advise key leadership in making effective and sound decisions.
Master's degree and six years relevant experience or combination of education and relevant experience.
KNOWLEDGE, SKILLS AND ABILITIES (REQUIRED):
- User knowledge of Microsoft Office Suite
- Advanced knowledge of Oracle or other business financial systems
- Advanced understanding of financial principles.
- Advanced oral and written communication skills
- Ability to clearly and effectively present information to internal and external audiences, client groups and all levels of management.
- Strong analytical skills to review and analyze complex financial information.
- Strong leadership and management skills with previous experience managing people, delegating workload and providing direction/corrections as necessary.
- Knowledge of property management requirements related to Stanford or non-Stanford title of equipment and fabrications.
- Demonstrated competency in project management of a high volume of work, some of which is cyclical.
- If managing sponsored projects, ability to manage post and pre award administration for sponsored projects within his/her unit. Knowledge and fluency of governmental regulations and Cardinal Curriculum level I and II.
- Knowledge of procurement needs, including sole-sourcing, cost analyses, vendor requirements, and small business reporting.
- Experience working successfully with PIs, their administrative staff, the office of sponsored research and external sponsors.
- Demonstrated success in performing meticulous, high quality and compliant work.
- Ability to interpret complex research and fiscal policies, assimilate information from a wide range of resources and act like a mentor and resource to others.
CPA or extensive experience in financial accounting is preferred.
- 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.
Routine extended working hours during peak cycles; travel to school/unit sites across university.
WORK STANDARDS (from JDL):
- 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.
Location: School of Medicine
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.