Senior Financial Analyst

Sr. Financial Analyst

The Office of General Counsel (OGC) at Stanford University has an immediate opening for a Sr. Financial Analyst reporting to the Chief Operating Officer. The position is responsible for managing the annual accounting cycle of a $40 million consolidated budget and the development, implementation, and management of financial systems and processes that support OGC. This role will be instrumental in the strategic transformation of the legal operations team within OGC. It involves identifying and implementing best-in-class operational processes, cutting-edge technology solutions, and strategic partnerships that can establish a new precedent for efficiency and effectiveness within the department. This position calls for a dynamic, data-driven, process-oriented individual who is eager to partner with professionals across the organization and deliver measurable ROI.

Responsibilities include, but not limited to :

• Performing highly analytical, complex finance functions; budgeting and forecasting scenarios; reconciliations and related analysis; short-range and long-range planning and analysis; performing root cause analysis, drawing conclusions, and proposing solutions.
• Completing annual accounting cycle tasks for annual budgeting, year-end close, and mid-year and year-end variance analysis.
• Analyzing budget variances, setting client retainer amounts, preparing quarterly client reports and other ad hoc reports.
• Leading monthly and quarterly reporting process, including report generation and financial analysis of trends and variances vs. projections and prior periods.
• Preparing OGC annual budget letter, budget book submission, and supporting materials.
• Negotiating rates and business arrangements with law firms and outside vendors; initiating setup of new matters; reviewing and processing invoices; and tracking significant costs and expenses.
• Ensuring successful invoice processing, posting and reconciliations, wire transfers, deposits, settlement checks, charge-outs, and iJournals.
• Compiling information from various systems to create case summary reports for the Board of Trustees, client pipeline meetings, Risk Management and insurance providers, and similar.
• Identifying and implementing process improvements to enhance efficiency and accuracy in OGC finance operations.
• Synthesizing data to track and report on university legal trends.
• Prioritize, identify, and resolve strategic and department issues; recognize exceptions, recommend and develop resolutions and implement solutions. Ensure effective and efficient delivery and integration of all financial services in the area of responsibility.
• Negotiating engagement letters and business associate agreements and responding to requests for conflict waivers.
• Engage in continuous critical analysis of existing systems and processes; make recommendations to achieve greater efficiencies and improve internal controls. Define requirements, develop and implement complex test cases, perform testing and analyze results.
• Assisting with the onboarding of new employees, especially by training on financial systems and processes and key facilities matters.
• Other duties, responsibilities and special projects as needed (e.g., assisting with annual OGC retreat, client survey, etc.)
• Lead and support unit and organization strategy and change management initiatives.

Bachelor's degree and eight years of relevant experience or a combination of education and relevant experience; MBA preferred. Experience with Stanford's internal systems is preferred. Knowledge and skills required include :

The expected pay range for this position is $180,996 - $209,412 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 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 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. 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. 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. Stanford welcomes applications from all who would bring additional dimensions to the University's research, teaching and clinical missions.