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Financial Manager - Clinical Operations (Remote)

Stanford University

Details

Posted: 09-Sep-23

Location: Stanford, California

Type: Full-time

Salary: Open

Internal Number: 100599

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.

We are searching for a Financial Manager to join our Clinical Operations team. The ideal candidate will have strong analytical skills, an interest in managing finances for a complex organization, and is committed to process excellence in all aspects of their work. Responsibilities will include, but are not limited to the following:

Duties include:

Manage clinical operations and financial reporting, partner with clinical departments to perform in-depth clinical contributions and loss analysis, and inform senior leadership on the clinical financial performance in support of initiatives and discussions among the organizations.
Prepare monthly journals for clinical funds flow operations and intercompany transactions. Research transactions and serve as a resource to departments, the University Controller's Office, and the hospitals.
Perform complex and detailed reconciliations for intercompany transactions per the funds flow agreement.
Model different scenarios of the funds flow to determine the impact on clinical departments, the Dean's office, and other central units. Research and synthesize data, interpolate results from large amounts of data, identify trends in data, draw conclusions, and propose solutions.
Manage the negotiations, contracting, invoicing, and revenue recognition for contracts with several affiliated hospitals.
Identify, prioritize, and resolve complex financial issues which may span multiple areas.
Collaborate with TDS and SoM Financial reporting to continue improving systems (automation, new platforms), continuing to enhance Clinical Operations reporting, and building new reports and analyses for school leadership.
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 a 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, Tidemark, 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.

*- 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 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 $127,000 to $185,000 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.

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About Stanford University

Why work at Stanford?Stanford University has changed the world, over and over again.We are one of Silicon Valley's largest employers - and also one of the most unique. Our mission is to educate future leaders and promote interdisciplinary, world-class research and teaching. This passion makes Stanford an intensely creative, rewarding, and challenging place to work. At the same time, our traditions of respect and collaboration sustain a humane, supportive environment in which to pursue your life and your career.At Stanford you'll work with bright, diverse, dedicated people. You'll find encouragement to learn and grow. You'll enjoy excellent benefits and an outstanding environment. How will it change you?

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