The Precourt Institute for Energy is the interdisciplinary hub for energy research, education and convening at Stanford. The Stanford Precourt Institute for Energy draws on experts and resources across the university to help accelerate the transition to an affordable, low-carbon energy system for the world. Since its founding in 2009, the institute has become the go-to place for scholars, business leaders, policymakers and others seeking solutions to the worlds most difficult energy challenges. The institute carries out its mission by funding early-stage energy research, developing new technologies and policies, educating leaders, and nurturing a vibrant energy ecosystem here and abroad.
The Precourt Institute for Energy is seeking a highly qualified Financial Analyst with exceptional financial, communication, and management skills. The Financial Analyst must deeply understand the Institutes accounting systems and intelligently execute priorities making effective and informed decisions. This position is best accomplished by a Financial Analyst that considers the logistics and impact of the financial process. The Financial Analyst must have strong organizational skills and will be tasked with having a significant role in supporting the financial management of the Institute.
This is an ideal role for a finance professional who is looking to expand their capabilities and develop leadership skills. The Financial Analyst will perform complex finance functions and/or activities related to budgeting and forecasting requiring specific knowledge, skills, and broad application of policies, precedents, and systems within context of internal Stanford policies and external regulations. This position will also have an active role in leading a team and managing relationships. The successful candidate must demonstrate the ability to complete work independently, manage the functional area within a finance operation, and cultivate strong leadership skills.
Key Components of Financial Analyst role:
Budgeting- Manage annual budget cycle; complete mid-year and year-end variance reporting to Office of the Dean of Research; provide budget-to-actual reports to management on monthly basis; conduct forecasting for long-range strategic planning
Funds Management- Maintain fund balances on gift, endowment, operating budget, designated and sponsored research awards; ensure funding types are used appropriately per donor/sponsor intentions; process revenue receipts; perform fund transfers compliant with university policies and procedures
Internal Controls- Approve all purchases and reimbursements; ensure university guidelines are followed on all transactions
Financial Reporting- Manage monthly financial reporting through university systems; deliver monthly and quarterly financial statements to senior leadership; prepare (and present?) financial reports for biannual Advisory Council meetings; create ad hoc reports as needed
Accounting Cycle- Maintain chart of accounts (PTAs); ensure expenses are coded correctly, process journals/adjustments to make corrections as needed; manage year-end close activities
Financial Help-Desk- Serve as a resource to all of PIE and Centers for advising on best practices for financial management, purchasing, etc.
Note: Not all unique aspects of the job are covered by this job description
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.
Perform and design ad hoc analyses of large complex data sets: reconcile complex accounts. Identify and resolve complex issues which may span multiple areas.
Construct and assemble data for budgeting and decision making; develop conclusions, and present high level summary of recommendations. May develop annual budget for individual department/unit.
Conduct 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.
Execute internal control programs established by management, research new regulations, and recommend and implement approved changes. May manage compliance program for area of responsibility, and create complex compliance reports.
Develop reports and presentations of complex financial data and metrics for management and third parties.
Participate as a member of a project team; support new initiatives. Make decisions determining approach to managing and completing processes.
Contribute to unit and organization strategy; assist in the development of change management plans and materials as needed.
Develop and maintain desktop procedures and process documentation for area of responsibility.
Define requirements, develop and implement complex test cases, perform system testing and analyze results.
Participate in critical analysis of existing systems and processes, and identify opportunities for process improvement.
* - Other duties may also be assigned
Education & Experience:
Bachelors degree and four 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.
Demonstrated knowledge of financial systems; internet and computer literacy.
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:
Frequently perform desk-based computer tasks, use telephone, writing by hand, sort/file paperwork.
* - 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.
Routine extended working hours during peak cycles; travel to school/unit sites across university.
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 Universitys Administrative Guide, http://adminguide.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.
Located between San Francisco and San Jose in the heart of Silicon Valley, Stanford University is recognized as one of the world's leading research and teaching institutions. Leland and Jane Stanford founded the University to "promote the public welfare by exercising an influence on behalf of humanity and civilization." Stanford opened its doors in 1891, and more than a century later, it remains d...edicated to finding solutions to the great challenges of the day and to preparing students for leadership in a complex world. The University's thriving diverse community is comprised of nearly 7000 undergraduate students, 9000 graduate students, 2000 faculty members, 1900 postdoctoral scholars, and over 11,000 academic and administrative staff in seven schools including several interdisciplinary research centers and institutes. The campus spreads over 8000 contiguous acres and nearly all undergraduates live on campus. Stanford offers bachelor's and master's degrees in addition to doctoral degrees (PhD, MD, DMA and JD) plus a number of professional and continuing education programs and certifications. More at http://facts.stanford.edu and http://www.stanford.edu.
Stanford University is an equal opportunity employer and is committed to increasing the diversity of its faculty. It welcomes nominations of and applications from women, members of minority groups, protected veterans and individuals with disabilities, as well as from others who would bring additional dimensions to the university’s research, teaching and clinical missions.