Stanford University

Senior Financial Analyst - Clinical Operations

Stanford University$86K — $163K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree and six years of relevant experience or equivalent education and experience.
  • Advanced proficiency in Microsoft Office, especially Excel.
  • Strong understanding of GAAP and organizational financial policies.
  • Exceptional professional communication skills for diverse audiences.
  • Effective project management skills and ability to work in multi-functional teams.

Responsibilities

  • Prepare complex monthly journals and calculations for clinical financial operations.
  • Perform multi-dimensional intercompany reconciliations and address discrepancies with business partners.
  • Conduct financial analysis of clinical operations and provide actionable insights to management.
  • Support strategic initiatives to enhance financial reporting and operational efficiency.
  • Identify and resolve accounting and compliance issues through advanced analysis.
  • Ensure compliance with Stanford policies by recommending appropriate journal entries.
  • Drive continuous improvement of clinical financial processes for sustainable efficiency.

Benefits

  • Comprehensive health, dental, and vision insurance.
  • Generous retirement plan options with employer contributions.
  • Access to professional development and learning opportunities.
  • Flexible work arrangements and potential for remote work across the U.S.
  • Robust employee wellness programs and resources.
Full Job Description
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.

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.

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.

About Stanford University

Stanford University is a private research university located in Stanford, California. The university was founded in 1885 by Leland and Jane Stanford in memory of their son, Leland Stanford Jr. Stanford is known for its academic excellence and research programs, particularly in the fields of engineering, computer science, and the sciences. The university has a diverse student body and offers undergraduate and graduate programs in a wide range of disciplines. Stanford is also home to several research centers and institutes, including the Stanford Research Institute and the Hoover Institution. The university is committed to advancing knowledge and improving the world through education and research.
Learn more about Stanford University
Size
14,945 employees
Industry

Similar Jobs

More Jobs at Stanford University

More Healthcare Jobs

Find similar Senior Financial Analyst - Clinical Operations jobs: