Financial Analyst

Job Description

Financial Analyst 1 | Stanford University

The Tone:
This is a full-time role at Stanford University, with expected salary ranges for both Stanford work locations and remote work locations. Stanford University is a world-renowned institution dedicated to education, research, and fostering intellectual growth. This role directly supports the financial operations of Learning Technologies & Spaces (LTS), ensuring compliance, accurate financial tracking, and smooth transaction flow to enable the unit’s mission. The Financial Analyst is critical for maintaining robust internal controls and providing essential financial support to department stakeholders.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person, Stanford, CA
• Pay: $58101–$101647 yearly
• Team: Reports to the Director of Finance and Administration (DFA) within Learning Technologies & Spaces (LTS).
• Mission: Owns the end-to-end financial operations and internal controls for Learning Technologies & Spaces, ensuring accuracy, compliance, and responsive support.
• Tech Stack: Excel, Oracle Financials, Microsoft Office Suite, Google Forms, Amazon Business

What You’ll Actually Do
• Transaction Management: Process and maintain financial transactions by verifying PCard and Travel card activity, processing reimbursements, and creating requisitions and contracts, ensuring smooth transaction flow.
• Financial Corrections: Prepare and submit iJournals to correct account coding, move expenditures, transfer funds, and proactively resolve invoices on hold, maintaining accurate financial records.
• Reporting & Tracking: Produce monthly and quarterly financial reports for Budget Managers, reconcile actuals to budget, and analyze data from multiple systems to track expenditures and identify discrepancies.
• Stakeholder Support: Act as the first-line resource for financial inquiries, investigating transactions, providing clear guidance, and recommending best practices to department colleagues.
• Budget & Forecasting: Contribute to the annual budget creation and year-end forecasting, ensuring expenditures post correctly and initiating adjustments in collaboration with Budget Managers.

The Must-Haves
• Background: Bachelor’s degree or a combination of education and relevant experience, with a focus on financial operations.
• Experience: Two years of relevant experience in financial operations, including maintaining and reconciling financial data sets and accounts.
• Skills: Advanced proficiency in Microsoft Office suite, especially Excel; user knowledge and experience with financial systems like Oracle Financials; ability to apply basic accounting concepts; demonstrated communication skills; basic project management skills.
• Bonus: Experience participating in cross-training for core functions such as IT contact (STAR), Department Property Administration, or managing access needs for new hires.