Consider all the lives saved over the many years as a result of Stanford's innovation in the medical field. Imagine a world without the internet and social platforms. Did you know Stanford pioneered the procedure for organ transplants and also created the first website in the United States? All of these advances and more, are a direct result of Stanford University's prominent faculty, researchers and alumni, who have revolutionized the way we live and enriched the world. Supporting this mission is Stanford's dedicated 16,000 staff, who come from diverse educational and career backgrounds. We are a collaborative environment that thrives on innovation and continuous improvement. At Stanford, we seek talent committed to excellence, driven to impact the future of our legacy, and improve lives on a global sphere.
In a highly complex and constantly changing backdrop, the University Controller's Office is responsible for creating an environment which promotes innovative and sound business policies and practices that balance controls, compliance and customer service. The organization consists of approximately 43 professionals, responsible for a broad range of financial activities, including Capital Accounting, Financial Accounting and Reporting, Fund Accounting, Investment Accounting and Gift Securities.
Our new Stanford Redwood City campus is the workplace for approximately 2,700 staff whose jobs are important to supporting the university's mission. The campus brings departments together in a collaborative environment that reflects Stanford's culture and 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 Fund Accounting Team in the Controller's Office partners with the University's schools and departments in stewarding University funds. The primary responsibility of the team involves endowment funds (over $38 billion in assets), and expendable funds (over $1.5 billion in assets). In this challenging position, the Fund Accountant establishes the accounts for these monies, ensures that funds are used appropriately and properly recorded, provides related operational functions (such as buying and selling shares, allocating payout, maintaining market value), and supports individuals in the schools and departments as they manage these funds. This position will be hybrid offering flexibility of two days per week in the Redwood City office, and is responsible for the accounting, reconciliation, and reporting of the charitable trust programs at Stanford. That includes directing and monitoring the activities of the custodian and the trust administrator. He/she will be the primary point of contact among the trust custodian and trust administrator, the Planned Giving Office and Fund Accounting. Each day is different - you will need a flexible mindset and the ability to handle multiple requests from various University stakeholders. If you are a proactive individual with a strong accounting sense and strong attention to detail, this may be the right career opportunity for you.
YOUR RESPONSIBILITIES WILL INCLUDE:
Perform complex and detailed reconciliations, closure processes, research and critical analyses. Identify, prioritize, and resolve complex financial issues which may span multiple areas; identify underlying issues; recognize exceptions; recommend solutions.
Research possible solutions and make recommendations to department leadership based on audit / report reviews and identified accounting issues; advise leadership regarding business activities; provide cost analyses; plan studies; and determine business activity costs.
Research, and synthesize data; interpolate results from large amounts of data, identify trends in data, draw conclusions, develop solutions, present and implement recommendations, and create follow up analysis.
Develop complex financial data and metrics, reports for a variety of internal and external audiences.
Develop, design, or modify solutions for major segments of a program or accounting system; develop, recommend, implement and document new or revised policies and procedures.
Review, design, and implement appropriate internal control programs, research new regulations, and implement approved changes.
Manage compliance program for area of responsibility, interpret internal policy and external regulations, and create and/or review complex compliance reports.
Lead and execute unit or cross functional projects and teams, make decisions regarding projects and programs affecting operational effectiveness, policies, or processes.
Lead and support unit and organization strategy and change management initiatives. Analyze existing systems and processes; identify greater efficiencies and improved internal controls opportunities; incorporate new regulations; recommend solutions that may require policy changes or new processes.
Develop, recommend and implement new or revised policies and procedures for better controls and efficiencies. Participate in critical analysis of existing systems and processes, identifying and implementing process improvement opportunities.
May act as a lead, train, coach, and review the work of other staff, as needed. Contribute primarily through applying individual expertise.
Note: Not all unique aspects of the job are covered by this job description
TO BE SUCCESSFUL IN THIS POSITION, YOU WILL BRING:
Education & Experience: Bachelor's degree plus eight years of applicable experience, or combination of education and relevant work experience.
Knowledge, Skills and Abilities:
Advanced proficiency in business applications, such as Microsoft Office; advanced Excel skills.
Advanced knowledge of accounting systems and the internet; computer literacy.
Ability to interpret and apply advanced accounting knowledge and understanding of Generally Accepted Accounting Principles.
Strong communication skills, including the ability to clearly and effectively communicate information to internal and external audiences and client groups.
Demonstrated project management skills and ability to contribute/lead as part of a multi-functional team.
IN ADDITION, PREFERRED REQUIREMENTS INCLUDE:
Experience working in a university environment
Demonstrated knowledge of, and experience with, ERP systems, preferably Oracle, with proven ability to apply knowledge to understand new systems and processes.
Attention to detail, accuracy, and the ability to prioritize multiple tasks to meet deadlines and customer service response standards.
Proven ability to apply knowledge to analyze and interpret business policies and external regulations and translate them into compliant and efficient accounting processes.
Ability to observe trends in data, recommending and helping to implement solutions to increase efficiency, effectiveness, and accuracy of data.
Strong customer-oriented approach to managing work.
PHYSICAL REQUIREMENTS: 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.
HOW TO APPLY: We invite you to apply for this position by clicking on the "Apply Online" link. Please submit an online application, resume, and cover letter.
WHY STANFORD IS FOR YOU: We provide market competitive salaries, excellent health care and retirement plans, and a generous vacation policy, including additional time off during our winter closure. Our unique perks align with what matters to you:
Freedom to grow. As one of the greatest intellectual hubs in the world, take advantage of development programs, tuition reimbursement plus $800 you receive annually towards skill-building classes, or audit a Stanford course. Join a TedTalk, film screening, or listen to a renowned author or leader discuss global issues.
A caring culture. We understand the importance of your personal and family time and provide you access to wellness programs, child-care resources, parent education and consultation, elder care and caregiving support.
A healthier you. We make wellness a priority by providing access to world-class exercise facilities. Climb our rock wall or participate in one of hundreds of health or fitness classes.
Discovery and fun. Stroll through historic sculptures, trails, and museums. Create an avatar and participate in virtual reality adventures or join one with fellow staff on Stanford vacations!
Enviable resources. We offer free commuter programs and ridesharing incentives. Enjoy discounts for computing, cell phones, outdoor recreation, travel, entertainment, and more!
We pride ourselves in being a culture that encourages and empowers you.
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.
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.
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?