Stanford University Director, Finance and Administration in Stanford, California
Stanford Management Company (SMC) is seeking a strategic financial professional with high integrity for the position of Director, Finance and Administration. SMC, the University’s investment office, is located on campus. SMC invests Stanford University’s endowment funds, which provide critical financial support to current and future generations of students and scholars. The University’s endowment is invested in a global, diversified, complex portfolio with a long-term focus.
The Director, Finance and Administration will report to the Chief Operating Officer. The Director will be responsible for SMC’s budget, financial reporting, contracts, and operating finances. This position requires sound judgment, keen attention to detail and a strong understanding of GAAP accounting. The ideal candidate will thrive in a fast paced, deadline driven environment in which first principles thinking guides their reasoning. ** CORE DUTIES*:**
- Manage SMC's financial activities and structure; develop systems and procedure requirements to support the financial reporting (expense projections, budget, forecasts, variance reports, cost allocation modeling and ad hoc analyses)
- Manage, review and negotiate all operating contracts; work with business partners to resolve contract business term issues
- Oversee travel and expense policy compliance, reimbursement and reporting
- Prepare analysis, commentary and presentation material for Board of Directors meetings, the annual report, financial reviews, and other purposes
- Provide financial modeling and financial analysis for ad-hoc financial projects
- Identify and resolve complex issues; apply first principles thinking and creativity to problem analysis and resolution
- Contribute to designing, developing and delivering policies and procedures, both short and long term
- Design and execute an effective system of internal controls; establish operational objectives to support the university’s stewardship of resources.
- Engage in continuous critical analysis of existing systems and processes; identify need for new systems, and develop and present proposals; lead innovation projects
- Manage the work of a direct report, make hiring decisions, provide coaching, training and mentoring, manage performance, determine staffing needs, develop and ensure succession planning, manage consultants as needed
- Support the Chief Operating Officer with special projects and benchmarking requests
- Other duties may also be assigned
MINIMUM REQUIREMENTS: **Education & Experience:** Master's degree and six years relevant experience or combination of education and relevant experience.
Knowledge, Skills and Abilities:
- Advanced Excel and PowerPoint presentation skills
- Advanced knowledge of Oracle or other business financial systems
- Advanced understanding of financial principles
- Advanced oral and written communication skills
- Strong knowledge of and ability to apply GAAP
- Ability to clearly and effectively present information to internal and external audiences, client groups 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
- Demonstrated competency in project management of a high volume of work, some of which is cyclical
- Knowledge of procurement needs, including sole-sourcing, cost analyses, vendor requirements, and small business reporting
- Demonstrated success in performing meticulous, high quality and compliant work
- Ability to interpret complex fiscal policies, assimilate information from a wide range of resources and act like a mentor and resource to others Certifications and Licenses: None
- 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.
- 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.
Routine extended working hours during peak cycles; travel to school/unit sites across university. 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.
*A background check will be required for all final candidates.
We are not able to provide relocation or sponsorship for this position.
Stanford is an equal opportunity employer and all qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by law.
Location: Stanford Management Company
Req ID: 76338
Job Grade: 4457