The expected pay range for this position is $116,995 to $120,000 per annum for hybrid positions.
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.
At Stanford University, base pay represents only one aspect of the comprehensive rewards package. The Cardinal at Work website (https://cardinalatwork.stanford.edu/benefits-rewards) provides detailed information on Stanford's extensive range of benefits and rewards offered to employees. Specifics about the rewards package for this position may be discussed during the hiring process.
Stanford University seeks people committed to excellence and to improving our world and, in turn, is dedicated to supporting its employees as they develop their careers and enrich their lives.
Stanford's Business Affairs provides administrative policies, infrastructure, systems, services, and support for the benefit of the university community.
Financial Management Services (FMS), a department within Business Affairs, is responsible for creating an ecosystem which promotes innovative and sound financial administration policies and practices that balance controls, compliance, and customer service. FMS is primarily responsible for financial policy oversight, quality assurance and financial services at Stanford University and its affiliated entities. It also serves as a liaison to the hospitals and the Stanford Linear Accelerator Center (SLAC). The FMS work environment is grounded by core values that include cultivating growth, celebration and appreciation, and collaborating with curiosity in order to nurture an inclusive environment where everyone is valued, respected, and can thrive.
JOB PURPOSE:
Perform complex treasury and 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*:
Provide analytical support to i) evaluate the University's short and long-term cash, financing, and investment needs, ii) conduct affordability studies, and iii) establish the University's Budgeted Interest Rate. Conduct quantitative analysis and work on complex financial models that will be used to inform management on the debt portfolio:
Forecast projected debt uses;
Assist in evaluating School, Department, and/or the University's debt capacity;
Perform analysis that will be used to determine the rate of interest for internal borrowers;
Assist in developing cash flow projections to forecast the University's long term obligations.
Develop budget and short and long-term forecasting scenarios or debt capacity analysis, long-range planning and analyses for financial reporting and presentations for senior management and rating agencies; design and run ad hoc reports.
Ensure timely disclosure of financial information to investors in Stanford's debt securities, and implement approved changes. Assist in monitoring the internal debt portfolio and the use of funds to ensure compliance with applicable regulations, liquidity requirements and financial covenants. Assist in managing compliance program for area of responsibility, interpret internal policy and external regulations, and create and/or review complex compliance reports.
Provide analytical support for the University's public debt offerings, requests for proposals from underwriters, reviewing public offering documents, and presentations of the University's credit profile to rating agencies.
Assist in developing complex analyses to evaluate debt financing strategies. As a member of bond financings team:
Assist in preparation and evaluation of RFPs, structuring transactions, participating in due diligence, developing materials for rating agencies and assist with coordinating bond closings;
Assist in coordinating interaction with investment banks, law firms, rating agencies and senior management.
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.
Provide consulting advice to client group(s); serve as a resource on matters that require specific technical, financial, or subject matter expertise; support negotiations with external partners.
May supervise, train, coach, and review the work of other staff, as needed. Contribute primarily through applying individual expertise.
Other duties may include:
Assisting with assessing daily cash position, determining daily cash balances available for investment, and executing funds movements including wire, ACH transfers, and debt facility draws.
Assisting with commercial paper issuance and reporting, Foreign exchange programs, analytical support for retirements plan, opening/closing bank accounts, audits, and credit card merchant services activities as needed.
Provide financial support, cross train and provide coverage as needed for all areas of treasury, and work on ad-hoc projects as assigned.
* - Other duties may also be assigned Note: Not all unique aspects of the job are covered by this job description
MINIMUM REQUIREMENTS:
Education & Experience:
Bachelor's 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) a plus.
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 a plus.
Certifications and Licenses: None
PHYSICAL REQUIREMENTS*:
Constantly sitting.
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 accommodations to applicants and employees with disabilities. Applicants requiring a reasonable accommodation for any part of the application or hiring process should contact Stanford University Human Resources by submitting a contact form.
WORKING CONDITIONS:
Routine extended working hours during peak cycles; travel to school/unit sites across university (more common in Redwood City, occasionally on campus).
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.
WHY STANFORD IS FOR YOU
Stanford University has revolutionized the way we live and how it enriches the world. Supporting this mission is our diverse and dedicated 17,000 staff. We seek talent driven to impact the future of our legacy. Our culture and unique perks empower you with:
Freedom to grow. We offer career development programs, tuition reimbursement, or audit a course. Join a TedTalk, film screening, or listen to a renowned author or global leader speak.
A caring culture. We provide superb retirement plans, generous time-off, and family care resources.
A healthier you. Climb our rock wall or choose from hundreds of health or fitness classes at our world-class exercise facilities. We also provide excellent health care benefits.
Discovery and fun. Stroll through historic sculptures, trails, and museums.
Redwood City. Our new Stanford Redwood City campus, which opened in 2019, is the workplace for approximately 2,700 staff, including FMS, whose jobs are important to supporting the university's mission. The campus will offer amenities such as onsite cafes and a dining pavilion, a high-end fitness facility with an outdoor pool, and a childcare center for Stanford families.
The job duties listed are typical examples of work performed by positions in this job classification and are not designed to contain or be interpreted as a comprehensive inventory of all duties, tasks, and responsibilities. Specific duties and responsibilities may vary depending on department or program needs without changing the general nature and scope of the job or level of responsibility. Employees may also perform other duties as assigned.
Stanford is an equal employment opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other characteristic protected by law.
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?
