Clinical Research Financial Analyst

$81,000 - $115,000/Yr

Stanford University - Stanford, CA

Full-time - Mid Level

Hybrid - Stanford, CA

10,001+ employees

Educational Services

About the position

The Division of Oncology at Stanford University is seeking a Clinical Research Financial Analyst to join its finance team. This role is pivotal in managing clinical research trial accounts and providing essential support to the division's financial operations. The successful candidate will work remotely, with an expectation of approximately 3-4 on-site visits per year. The position involves analyzing accounting transactions and summarizing the current financial position at both the unit and organization-wide levels. The analyst will construct and assemble data for decision-making, develop conclusions, and present high-level summaries of recommendations to stakeholders. In this role, the analyst will capture, track, and report revenue and expenses, determining appropriate procedures for accounting record preparation and reporting. They will oversee, reconcile, and resolve issues related to complicated accounts, ensuring accurate financial reporting. The analyst will also collect data and perform research on transaction details, generating and communicating financial data that reflects actual performance against approved budgets. This includes preparing and presenting quantitative and qualitative analyses focusing on variances from budget and prior data. The position requires maintaining and reviewing accounting process controls, recommending and implementing modifications as necessary. The analyst will run and analyze financial reports from multiple systems, preparing management information reports to support decision-making. They will execute internal control programs established by management, research new regulations, and recommend changes as needed. Additionally, the analyst will contribute to unit and organization strategy, assist in developing change management plans, and participate in project teams to support new initiatives. The ideal candidate will demonstrate strong teamwork skills, the ability to work independently, and effective multitasking capabilities. They must manage conflicting deadlines with professionalism and exhibit outstanding written and verbal communication skills. This role is essential for ensuring the financial integrity of clinical research activities within the Division of Oncology.

Responsibilities

• Analyze accounting transactions and information to summarize current financial position at the unit or organization-wide level.
• Construct and assemble data for decision making; develop conclusions, and present high-level summary of recommendations.
• Capture, track, and report revenue and expenses; determine appropriate procedures for accounting record preparation, research of transactions and reporting.
• Oversee, reconcile, and resolve problems relative to complicated accounts.
• Collect data and perform research on details of transactions.
• Generate, review, analyze and communicate financial data that reflects actual financial performance against approved budgets.
• Prepare and present quantitative and qualitative analyses focusing on variances from budget and prior data.
• Maintain and review accounting process controls; recommend and implement any approved modifications.
• Run and analyze financial reports, often from multiple systems; prepare management information reports.
• Execute internal control programs established by management, research new regulations, and recommend and implement approved changes.
• Contribute to unit and organization strategy; assist in the development of change management plans and materials as needed.
• Participate as a member of a project team; support new initiatives.
• Make decisions determining approach to managing and completing processes.
• Participate in critical analysis of existing systems and processes and identify opportunities for process improvement.
• Define requirements, develop and implement complex test cases, perform system testing and analyze results.
• Serve as a resource to local units and other departments to resolve accounting-related issues.
• Act as a lead, train, coach, and review the work of other staff, as needed.

Requirements

• Bachelor's degree plus four years of applicable experience, or combination of education and relevant work experience.
• Intermediate proficiency in business applications, such as Microsoft Office; intermediate Excel skills.
• Demonstrated knowledge of and experience with accounting systems and the internet, computer literacy.
• Understanding of and ability accounting skills and concepts.
• Knowledge of Generally Accepted Accounting Principles.
• Demonstrated communication skills, including the ability to clearly and effectively communicate information to internal audiences and client groups.
• Demonstrated project management skills and ability to contribute as part of a project team.

Nice-to-haves

• Robust teamwork skills along with the ability to work independently.
• Ability to multitask efficiently and learn rapidly.
• Outstanding written and verbal communication skills.

Benefits

• Career development programs
• Tuition reimbursement
• Generous time-off
• Family care resources
• Excellent health care benefits
• Free commuter programs
• Ridesharing incentives
• Discounts on various services and products