Financial Analyst

$104,000 - $114,400/Yr

ESTUATE SOFTWARE PVT. LTD. - Stanford, CA

Full-time - Mid Level

Stanford, CA

About the position

The Financial Analyst position is responsible for performing complex finance functions and activities that require advanced knowledge of internal policies, external regulations, and financial systems. The role involves managing key areas within the finance operation, analyzing and resolving complex issues, and communicating solutions to students and campus partners. The analyst will also contribute to online communications and training regarding financial policies and systems.

Responsibilities

• Perform and design ad hoc analyses of large complex data sets and reconcile complex accounts.
• Capture, track, and report collection activities for student receivables and third-party contracts.
• Analyze accounts receivable and third-party receivable agings and report findings and trends to management.
• Run and analyze financial reports from multiple systems and prepare management information reports.
• Ensure accuracy of reports shared with internal and external partners.
• Document and audit student payment arrangements.
• Recommend annual write-offs based on thorough analysis of activity and trends.
• Identify and resolve complex issues which may span multiple areas.
• Reconcile and resolve problems relative to complicated accounts.
• Monitor system activity and report exceptions to management.
• Triage ticket and email queues to expedite handling.
• Serve as a resource to local units and other departments to resolve student account and third-party account issues.
• Analyze and respond to tickets and emails related to student accounts, third-party accounts, student loans, payroll deduction, and other issues.
• Develop templates for commonly asked questions and update content on various student-facing websites.
• Collaborate with the User Experience Design Services team to update and maintain Student Financial Services training for student services officers across campus.
• Participate in developing solutions that may require policy changes or the development of new processes.
• Execute internal control programs established by management and recommend and implement approved changes.
• Manage compliance program for area of responsibility and create complex compliance reports.
• Perform collection activities for all tuition and loan accounts ensuring compliance with internal policies and regulations.
• Audit collection processes, internal and those of vendors.
• Coordinate and communicate with the loan servicing vendor regarding student loan accounts.
• Develop reports and presentations of complex financial data and metrics for management and third parties.
• Perform service indicator audits and present findings to management.
• Analyze the student loan portfolio and report findings to management.
• Participate as a member of a project team and support new initiatives.
• Develop and maintain desktop procedures and process documentation for area of responsibility.
• Define requirements, develop and implement complex test cases, perform system testing and analyze results.
• Provide consulting advice to client groups and support negotiations with external partners.

Requirements

• Bachelor's degree and four years of relevant experience or a combination of education and relevant experience.
• Advanced proficiency in business applications, especially Microsoft Excel.
• Demonstrated knowledge of financial systems and internet and computer literacy.
• Knowledge of Generally Accepted Accounting Principles (GAAP).
• Knowledge of accounting and financial data analysis.
• Strong communication skills, including the ability to prepare materials and communicate effectively to internal and external audiences.
• Demonstrated project management skills and ability to contribute to or lead part of a multi-functional team.

Nice-to-haves

• 4+ years of experience ideally with a focus on financial or higher education operations with system integrations.
• Experience in ERP software (PeopleSoft, Oracle Financials, Flywire, etc.) is highly desired.
• Experience with regulations pertaining to collections and higher education is highly desired.

Benefits

• Competitive hourly pay of $50 - $55.
• Full-time position with a standard 8-hour shift from Monday to Friday.