ABOUT STANFORD UNIVERSITY AND RESIDENTIAL & DINING ENTERPRISES:
Stanford University, located between San Francisco and San Jose in the heart of California's Silicon Valley, is one of the world's leading teaching and research universities. Since its opening in 1891, Stanford has been dedicated to finding solutions to big challenges and to preparing students for leadership in a complex world.
Residential & Dining Enterprises (R&DE), the largest auxiliary organization at Stanford University, supports the academic mission of the University by providing high-quality services to students and other members of the university community. The department has an annual operating budget of over $350M, operates 24/7/365, and oversees a $3B asset portfolio comprising a 7 million sq. ft. physical plant across the campus. In autumn quarter of the 2021-22 academic year, R&DE will return to providing housing for over 13,000 students and dependents, serving meals at 17 dining halls, 12 retail locations, and operating athletic concessions and conference operations. Additionally, R&DE comprises 900 FTE staff in the following divisions: Student Housing Operations, Stanford Dining, Stanford Hospitality & Auxiliaries, Stanford Conferences, Maintenance Operations and Capital Projects, and a team of R&DE strategic business partners: Finance & Administration, Information Technology, Human Resources, and Strategic Communications.
"Students (Customers) First" is the mantra of R&DE and our strategic goals reflect our commitment to delivering quality and excellence to our constituents every day. In R&DE,"Excellence is defined by aligning our strategic goals and performance with our vision."
This role is currently designated as hybrid and may provide incumbents with flexibility for partial telecommuting.
The Financial Analyst 1 performs moderately complex finance functions and/or activities related to the Accounts Payable Unit of R&DE. The core work includes a focus on supplier AP including Food and Beverage (F&B) suppliers, account forensics, multiple payment pathways, some general accounting, staff training on AP systems, and AP financial reporting. This position will also have a supporting role to help with month-end accounting and analytics in the central budget areas of R&DE (SrAVP).
Manage all aspects of Accounts Payable including the month-end close cycle, payment processing (Eatec, Vendor Payment System, Oracle), process improvement, and other related accounting (reclass journals, purchasing compliance).
Work with Food Operation Systems Analytics (FOSA) team to develop/enhance Eatec processes to improve efficiency, timely merchandise receiving, and timely AP payment processing.
Enhance AP reporting using Oracle Business Intelligence (OBI) to support the accounting needs of Finance and Administration.
Perform structured analysis; conduct data mining; identify, clarify, and investigate discrepancies and exceptions; proactively develop solutions and processes.
Maintain, reconcile, review, combine, and validate financial data sets and accounts, utilizing financial reports, financial databases, and key financial information.
Contribute to development of budget, forecasting, and analyses to be used for key activities or decision making.
Run and analyze financial reports, often from multiple systems; assist in preparation of management information reports.
Resolve issues within immediate work unit; Perform preliminary analysis, recognize exceptions and recommend solutions that may require policy changes or the development of new processes.
Ensure works complies with complex internal policies and external regulations which may require interpretation.
Participate as a member of a project team and contribute to change management strategy through communication and collaboration with others.
Serve as a first line resource to client groups on matters in work unit.
Understand and participate in cross training on core functions in work area or unit; serve as a back-up to other functions.
May supervise the day-to-day activities and provide on the job coaching and training to other staff, as needed.
Education & Experience:
Bachelor's degree and two 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.
User knowledge and demonstrated experience of financial systems; internet and computer literacy.
Understanding and ability to apply basic accounting skills and concepts.
Demonstrated communication skills, including ability to prepare materials for and clearly and effectively communicate information to internal audiences and client groups.
Basic project management skills and ability to contribute as part of a project 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 the 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 University's Administrative Guide, http://adminguide.stanford.edu.
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.
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.
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?