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Research Finance Director

Company: Stanford Blood Center
Location: Palo Alto
Posted on: September 22, 2024

Job Description:

The at Stanford University is one of the largest divisions in the Department of Medicine based on the number of faculty and the revenue generated by the division from clinical and research activity. The division seeks an experienced Finance Manager (FM) to oversee all financial processes in the division as a key partner to the Division Director and Division Chief.There are approximately 300 sponsored and non-sponsored accounts in the division. The FM will, with the assistance of the finance team, support faculty member's financial accounts. It is imperative that the FM enthusiastically drive the need to improve the process of tracking and reporting of financial accounts. The FM is responsible to ensure the continued financial success of the division and to foresee challenges and provide alternatives and to ensure compliance with all regulations - internal and external to the university.In leading the finance team, the FM will be responsible for coaching, development, feedback and mentoring of staff to ensure their optimal performance and growth. The FM is expected to be an excellent communicator with both faculty and staff and highly trustworthy and reliable in managing the complex financial portfolio of the division.Duties include:

  • Manage the work of other employees, make hiring decisions, provide coaching and mentoring, manage performance, contribute to succession planning within area of responsibility.
  • Establish overall objectives or direction for a unit, project, or operational area. Plan, direct, and monitor all budgets for areas of responsibility, and manage business operation and administration of a functional unit or area; may lead a team in providing post award sponsored research administration and services.
  • Identify and resolve complex issues which may span multiple areas, apply ingenuity and creativity to problem analysis and resolution.
  • Oversee report preparation and analysis requiring the consolidation of multiple, complex financial and statistical data points.
  • Communicate financial policies and procedures; ensure accuracy, completeness, and timeliness for management financial processes and reports.
  • Participate in critical analysis of existing systems, policies, and procedures; recommend and implement approved solutions.
  • Contribute to projects in work area or unit; make decisions determining approach to managing and completing processes.
  • Represent the unit within the functional unit or school and to external constituencies.DESIRED QUALIFICATIONS:
    • Master's degree in finance, accounting or MBA.
    • Proven track record of ability and commitment to manage and develop staff.
    • Experience in academic finance preferred, including grants management and clinical trials contract awards.
    • Knowledge of Stanford financial systems, rules, and procedures preferred.
    • Ability to think strategically, be proactive and anticipate change.
    • Demonstrated ability to manage and develop staff.
    • Completion of Cardinal Curriculum level I and II.EDUCATION & EXPERIENCE (REQUIRED):
      • Bachelor's degree and six years of job related experience, or combination of education and relevant experience.KNOWLEDGE, SKILLS AND ABILITIES (REQUIRED):
        • Advanced knowledge of Microsoft Office Suite.
        • Knowledge of Oracle or other business financial systems.
        • Solid understanding of financial principles.
        • Advanced oral and written communication skills.
        • Ability to clearly and effectively present information to internal and external audiences, and all levels of management.
        • Strong analytical skills to review and analyze complex financial information.
        • Strong leadership and management skills with previous experience managing people, delegating workload and providing direction/corrections as necessary.
        • Knowledge of property management requirements related to Stanford or non-Stanford title of equipment and fabrications.
        • Demonstrated competency in project management of a high volume of work, some of which is cyclical.
        • If managing sponsored projects, ability to manage post and pre award administration for sponsored projects within his/her unit. Knowledge and fluency of governmental regulations and completion of Cardinal Curriculum level I and II.
        • Knowledge of procurement needs, including sole-sourcing, cost analyses, vendor requirements, and small business reporting.
        • Demonstrated experience working successfully with PIs, their administrative staff, and the office of sponsored research and external sponsors.
        • Demonstrated success in performing meticulous, high quality and compliant work.
        • Ability to interpret complex research and fiscal policies, assimilate information from a wide range of resources and act like a mentor and resource to others.CERTIFICATIONS & LICENSES:
          • None.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.WORKING CONDITIONS:
              • Routine extended working hours during peak cycles; travel to school/unit sites across university.WORKING 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.This role is open to candidates anywhere in the United States. Stanford University has five . The compensation for this position will be based on the location of the successful candidate.The expected pay range for this position is $124,000 to $157,000 (within the 10 Bay Area counties) or $107,000 to $140,000 per annum (all other regions).At Stanford University, base pay represents only one aspect of the comprehensive rewards package.Why Stanford is for YouImagine a world without search engines or social platforms. Consider lives saved through first-ever organ transplants and research to cure illnesses. Stanford University has revolutionized the way we live and enrich the world. Supporting this mission is our diverse and dedicated 17,000 staff. We seek talent driven to impact the future of our legacy.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 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 at stanfordelr@stanford.edu. For all other inquiries, please submit a .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.
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Keywords: Stanford Blood Center, Palo Alto , Research Finance Director, Executive , Palo Alto, California

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