Senior Financial Analyst – Clinical Operations

🔍 School of Medicine, Stanford, California, United States

New

📁: Finance

📅   : 1 day ago Post Date

📅   : 108898 Requisition #

Our Purpose
Stanford Medicine is leading the biomedical revolution in precision health. We are transforming health care away from after-the-fact diagnosis to prediction and prevention and away from one-size-fits-all medicine to personalized care that empowers people to lead healthy lives. We are leveraging the art and science of medicine to predict and prevent disease before it strikes and cure it decisively if it does.

To achieve our Precision Health vision, we are integrating, building, and leveraging our strengths in fundamental research, the new field of biomedical data science, and nine transformative biomedical platforms. As a learning health system, we will apply these advances in our hospitals and health care delivery systems within Stanford Health Care and Stanford Children’s Health.

Our Values
Fulfilling our promise to humanity requires the engagement of a diverse, creative, and collaborative team of professionals who work together to advance our research, education, and patient care mission. We strive to create a culture of inclusion and belonging to ensure all employees have the meaningful employment experience that is necessary to do their best work.

Our Work
Stanford University School of Medicine is seeking highly motivated and analytically skilled Senior Financial Analysts to join our team. This key role supports clinical financial operations for approximately $2.3B in clinical revenue, ensuring financial integrity, regulatory compliance, and data-driven decision-making. Reporting to the Financial Manager of Clinical Operations, the Senior Financial Analyst serves as a technical expert performing complex financial analysis and reconciliations, and liaison to stakeholders across the School of Medicine and the hospitals. This role requires strong problem-solving skills, the ability to translate financial data into actionable insights, and expertise in process improvement and compliance.

Duties include*:

Clinical financial operations: Prepare monthly journals and calculations for funds flow operations and intercompany transactions, perform multi-dimensional and complex reconciliations, and resolve discrepancies. Prepare invoices for outreach contracts.
Clinical financial reporting: Perform multi-dimensional and complex intercompany reconciliations. Liaise with internal or external business partners to resolve discrepancies.
Data reconciliation and validation: Perform financial analysis of clinical operations, address specific business questions, summarize findings, and provide actionable insights that support management decision-making.
School of Medicine strategic initiatives: Support the School’s complex initiatives that improve financial reporting, data transparency, and operational efficiency.
Complex issue resolution: Identify and resolve accounting and compliance issues, conduct in-depth analysis using advanced technical knowledge and experience. Recommend and develop solutions and support implementation with stakeholders.
Policy compliance and coordination: Provide recommendations on journal entries to ensure compliance with Stanford policy, coordinating with internal and external users as needed.
Process excellence and continuous improvement: Proactively identify opportunities to improve clinical financial processes and operational effectiveness and drive changes for sustainable and efficient processes.
Collaborative partnerships: Partner with stakeholders to perform clinical analyses, deriving insights and providing actionable recommendations, and supporting strategic initiatives while fostering strong collaborative relationships.

* - Other duties may also be assigned.

EDUCATION & EXPERIENCE (REQUIRED):

Bachelor’s degree and six years of relevant experience or combination of education and relevant experience.

KNOWLEDGE, SKILLS AND ABILITIES (REQUIRED):

Advanced proficiency in business applications, such as Microsoft Office suite, especially Excel.
Advanced knowledge of Enterprise Resource Planning and financial systems; internet and computer literacy.
Knowledge of GAAP.
Advanced professional communication skills, including ability to prepare materials for and clearly and effectively communicate information to internal and external audiences, client groups, and management.
Strong project management skills and ability to contribute to or lead part of a multi-functional team.

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.

* - 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.

WORKING CONDITIONS:

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.

This role is open to candidates anywhere in the United States. Stanford University has five Regional Pay Structures (https://drive.google.com/file/d/1ulfJcCeFgFqGOQk4lHik3MIU8aKGi28p/view).

The compensation for this position will be based on the location of the successful candidate. The expected pay range for this position is $86,431 to $163,814 per annum. Stanford University provides pay ranges representing its good faith estimate of the salary or hourly wage the university reasonably expects to pay for a position upon hire. The pay offered to a selected candidate will be determined based on factors such as (but not limited to) 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 (https://cardinalatwork.stanford.edu/benefits-rewards) provides detailed information on Stanfordʼs 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 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 by submitting a contact form.

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.

Additional Information