Job Information
Stanford University Accountant 1 in Stanford, California
Accountant 1
Business Affairs: Financial Management Services (FMS), Redwood City, California, United States
New
Finance
Post Date 3 days ago
Requisition # 103753
This is a 2-year fixed term position.
Financial Management Services (FMS), a department within Business Affairs, is responsible for creating an ecosystem which promotes innovative and sound financial administration policies and practices that balance controls, compliance, and customer service. FMS is primarily responsible for financial policy oversight, quality assurance and financial services at Stanford University and its affiliated entities. It also serves as a liaison to the hospitals and the Stanford Linear Accelerator Center (SLAC). The FMS work environment is grounded by core values that include cultivating growth, celebration and appreciation, and collaborating with curiosity in order to nurture an inclusive environment where everyone is valued, respected, and can thrive.
JOB PURPOSE:
Under the general direction of the Payment Operations Manager the Accountant 1 is responsible for account disbursements such as payment processing and payment exception handing. Perform moderately complex accounting activities and payment operations responsibilities, including monitoring accounts and payment transactions, preparing relevant documentations and maintaining process documents, account reconciliations and reporting.
CORE DUTIES:
Execute daily transaction processes, ensuring all payments are accurately processed, recorded, and reconciled in Oracle ERP.
Validate and process of USD and foreign currency wire payments, resolve issues related to outgoing returned and rejected wire payments.
Maintain, reconcile, review, combine, and validate financial reports from multiple systems and bank portals.
Support risk and internal control management to prevent payment fraud and errors.
Analyze financial data and create journal entries to record operational transactions.
Perform system testing related to process improvements, system upgrades and enhancements.
Prioritize, and resolve Payable issues; probe beyond stated situation; identify underlying issues; recognize exceptions; perform preliminary analysis; escalate broader issues.
Collaborate with cross-functional teams, respond in a professional and timely manner.
Serve as a liaison with our bank client service representative to resolve payment discrepancies or inquiries
Contribute to the development and maintenance of desk top procedures and process documentation; include streamlining existing procedures, templates and reports for enhancing controls.
Detail oriented and execution minded.
Partner with the Financial Support Center to resolve inquiries and transactions within the defined SLA.
Understand and participate in cross training on core functions in work area or unit; serve as a back-up to other functions.
MINIMUM REQUIREMENTS:
Education & Experience:
Bachelor’s degree in finance or relevant experience in Finance/Accounting desired, plus two years of applicable experience, or combination of education and relevant work experience.
Knowledge, Skills and Abilities:
Proficiency in basic business applications, such as Microsoft Office suite, Excel.
Demonstrated experience of financial systems, internet and computer literacy.
Understanding of and ability to apply accounting skills and concepts.
Demonstrated communication skills, including ability to prepare materials for and clearly and effectively communicate information to internal audiences and client groups.
Ability to learn project management skills and to participate as part of a project team.
Certifications and Licenses:
None
PHYSICAL REQUIREMENTS:
Primarily perform desk-based computer tasks.
Frequently sit, sort, file paperwork or parts, grasp lightly, and use fine manipulation, lift, carry, push and pull objects that weigh 10 pounds or less.
Occasionally write by hand, twist, bend, stoop and squat.
Position may require driving to Stanford main campus.
WORKING CONDITIONS:
- May work extended hours during peak business cycles.
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.
The expected pay range for this position is $74,000 to $90,000 per annum.
Stanford University provides pay ranges representing its good faith estimate of what the university reasonably expects to pay for a position. 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. TheCardinal at Workwebsite provides detailed information on Stanford’s extensive range of benefits and rewards offered to employees. Specifics about the rewards package for this position may be discussed during the hiring process.
Stanford University seeks people committed to excellence and to improving our world and, in turn, is dedicated to supporting its employees as they develop their careers and enrich their lives.
Stanford’s Business Affairs provides administrative policies, infrastructure, systems, services, and support for the benefit of the university community.
Why Stanford is for You:
Stanford University has revolutionized the way we live and how it enriches the world. Supporting this mission is our diverse and dedicated 17,000 staff. We seek talent driven to impact the future of our legacy. Our culture and unique perks empower you with:
Freedom to grow . We offer career development programs, tuition reimbursement, or audit a course. Join a TedTalk, film screening, or listen to a renowned author or global leader speak.
A caring culture . We provide superb retirement plans, generous time-off, and family care resources.
A healthier you . Climb our rock wall or choose from hundreds of health or fitness classes at our world-class exercise facilities. We also provide excellent health care benefits.
Discovery and fun . Stroll through historic sculptures, trails, and museums.
Enviable resources . Enjoy free commuter programs, ridesharing incentives, discounts and more!
Redwood City . Our new Stanford Redwood City campus, which opened in 2019, is the workplace for approximately 2,700 staff, including FMS, whose jobs are important to supporting the university’s mission. The campus will offer amenities such as onsite cafes and a dining pavilion, a high-end fitness facility with an outdoor pool, and a childcare center for Stanford families.
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.
Consistent with its obligations under the law, the University will provide reasonable accommodations to applicants and employees with disabilities. Applicants requiring a reasonable accommodation for any part of the application or hiring process should contact Stanford University Human Resources by submitting acontact form.
Stanford is an equal employment opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other characteristic protected by law.
Additional Information
Schedule: Full-time
Job Code: 4441
Employee Status: Fixed-Term
Grade: G
Requisition ID: 103753
Work Arrangement : Hybrid Eligible, On Site