Financial Analyst
Location: Stanford, CAPosted On: 10/14/2022
Requirement Code: 61292
Requirement Detail
Required :
The Financial Analyst 1 performs moderately complex finance functions and/or activities related to the Accounts Payable Unit of R&DE. The core work includes a focus on supplier AP including Food and Beverage (F&B) suppliers, account forensics, multiple payment pathways, some general accounting, staff training on AP systems, and AP financial reporting. This position will also have a supporting role to help with month-end accounting and analytics in the central budget areas of R&DE (SrAVP). of R&DE (SrAVP).
CORE DUTIES:
• Manage all aspects of Accounts Payable including the month-end close cycle, payment processing (Eatec, Vendor Payment System, Oracle), process improvement, and other related accounting (reclass journals, purchasing compliance).
• Work with Food Operation Systems Analytics (FOSA) team to develop/enhance Eatec processes to improve efficiency, timely merchandise receiving, and timely AP payment processing.
• Enhance AP reporting using Oracle Business Intelligence (OBI) to support the accounting needs of Finance and Administration.
• Perform structured analysis; conduct data mining; identify, clarify, and investigate discrepancies and exceptions; proactively develop solutions and processes.
• Maintain, reconcile, review, combine, and validate financial data sets and accounts, utilizing financial reports, financial databases, and key financial information.
• Contribute to development of budget, forecasting, and analyses to be used for key activities or decision making.
• Run and analyze financial reports, often from multiple systems; assist in preparation of management information reports.
• Resolve issues within immediate work unit; Perform preliminary analysis, recognize exceptions and recommend solutions that may require policy changes or the development of new processes.
• Ensure works complies with complex internal policies and external regulations which may require interpretation.
• Participate as a member of a project team and contribute to change management strategy through communication and collaboration with others.
• Serve as a first line resource to client groups on matters in work unit.
• Understand and participate in cross training on core functions in work area or unit; serve as a back-up to other functions.
• May supervise the day-to-day activities and provide on the job coaching and training to other staff, as needed.
MINIMUM REQUIREMENTS:
Education & Experience:
• Bachelor's degree and two years of relevant experience or combination of education and relevant experience.
Knowledge, Skills, and Abilities:
• Advanced knowledge of Microsoft applications, such as Excel, Word, Access, and PowerPoint.
• Knowledge and ability to apply, interpret, and implement GAAP.
• Knowledge and understanding of accounting systems.
• Advanced communication skills to communicate information clearly and effectively to internal and external audiences, client groups, and all levels of management.
• Advanced analytical skills to review and analyze complex financial information.
• Strong leadership and strategic management skills.
• Demonstrated experience managing people.
Certifications and 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.
(*) 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:
• May work extended hours during peak business cycles especially during accounting close.