Senior Financial Analyst - Capital Finance

Job Description

1.0 FTE Full time Day - 08 Hour R2549503 Hybrid  Finance Planning and Analysis Finance & Revenue Cycle MENLO PARK, 66 Willow Place, California

Performs highly specialized and complex financial analysis, budget analysis, and related fiscal functions. Duties include financial planning, forecasting and modeling, budget development, performance monitoring and management reporting and benchmarking. Prepares and provides complex analysis for special and high-level report for review at the executive level. Provides leadership in the fiscal planning process and recommends process improvements.

Stanford Health Care

• Supports modeling financial and business impacts. Assists in the development, implementation and management of financial systems, cost accounting systems and/or financial policies and procedures as appropriate.
• Collaborates with auditors and accountants to develop and maintain internal controls for compliance with state and internal audit standards. Provides information to internal/external auditors and management as requested.
• Coordinates and participates in the preparation of various financial reports, business plans and analyses for management.
• Develops budget or fiscal reporting formats. Develops and revises methodologies for forecasting cost and revenues; develops and maintains electronic system to track the deviations between budgeted forecast and actual levels.
• Develops or coordinates preparation of budgets, program narratives and finance plans; analyzes financial projections and assists managers/directors/vice presidents in developing budget proposals.
• Maintains liaison with core support departments at SHC (including finance, accounting, HR, purchasing, etc.) regarding financial results, budget variances, internal controls and related financial matters.
• Participates in the design and implementation of budget and financial system improvements. Uses computer software to model resource scenarios. Organizes and develops automated financial systems.
• Plans, develops, and coordinates the preparation of financial analyses and reports including, but not limited to, operational and capital budgets, financial statements, statistical reports, cost analyses and other financial information for management.
• Provides financial information which enables management to make informed long-term and short-term decisions.
• Creates cost-benefit analyses, identify resource allocations and equipment costs, create problem escalation plans, manage reporting processes, and establish timelines and milestones.
• Recommends procedures and implements corrective action wherever indicated in operations, areas out of compliance with hospital policy, internal controls and accounting policies, as assigned.

• Bachelor's degree in a work-related field/discipline from an accredited college or university

• Six (6) years of progressively responsible and directly related work experience

• Ability to analyze and develop solutions to complex problems
• Ability to analyze information, reach valid conclusions and make sound recommendation
• Ability to apply judgment and informed decisions
• Ability to apply sound independent judgment in the solution of complex financial problems
• Ability to communicate complex concepts in simple form to non-finance users to understand the appropriate use and limits of the information provided
• Ability to communicate effectively in written and verbal formats including summarizing data, presenting results
• Ability to establish and maintain effective working relationships
• Ability to evaluate business operations to compute affect to budget and funding expenditures
• Ability to manage, organize, prioritize, multi-task and adapt to changing priorities Ability to model financial information and forecast data to arrive at conclusions Ability to work effectively both as a team player and leader
• Knowledge of computer systems and software used in functional area
• Knowledge of financial forecasting techniques
• Knowledge of local, state and federal regulatory requirement related to the functional area
• Knowledge of principles and practices of budgeting and finance including the analysis and reporting of financial data
• Knowledge of technology and maintain and stay abreast of updates and changes in the field

• None

Stanford Health Care sets a high standard for delivering value and an exceptional experience for our patients and families. Candidates for employment and existing employees must adopt and execute C-I-CARE standards for all of patients, families and towards each other. C-I-CARE is the foundation of Stanford's patient-experience and represents a framework for patient-centered interactions. Simply put, we do what it takes to enable and empower patients and families to focus on health, healing…