Associate Director of Finance, Faculty Compensation
Job Number: 84969
Acting as a Compensation Consultant and Advisor within the School of Medicine, this position will report to the Executive Director and will be a critical partner to the Dean's Office and senior management within the School of Medicine for the recruitment and retention of faculty. This role will develop recommendations on compensation, provide detailed compensation package analysis, review and develop faculty incentive plans, and ensure the School's compensation and regulatory policies are followed.
The Fiscal Affairs group within the School of Medicine provides quality financial and budget data, oversight, analysis, reporting, operations, and sound financial management counsel to our user community. This group is composed of four distinct operating units - Controller, Budget & Financial Planning, Faculty Compensation, and Business Process Improvement - which provide essential financial services to the Dean's Office and the School's Departments and Programs.
At Stanford University, not only are you part of an exceptional team that values innovation and education, but you also become part of a culture that brings out the best in you. Recently earning the top ranking in The Chronicle of Higher Education's list of Great Colleges to Work For, Stanford University is an ideal setting for an Associate Director of Faculty Compensation (Financial Manager 2) professional looking to advance his/her career.
As one of the world's premier research institutions, Stanford University has launched hundreds of initiatives solely for the betterment of humanity. There is a commitment to fostering a workplace culture that promotes diversity, collaboration and professional growth. Our culture offers career development programs, competitive pay that reflects market trends and benefits that increase financial stability and promote healthy, fulfilling lives.
Ensures compliance of School's compensation and regulatory policies.
Review and approve faculty compensation packages.
Manage the deployment of all compensation transactions (salary and incentives) for the School's 31 clinical and basic science departments and five institutes to ensure the University and School's compensation and financial policies are complied with on a timely basis and legal and regulatory requirements are met.
Manage communications seeking Provost's approval, as applicable, for faculty salary changes.
Work with School's clinical DFAs to review and/or amend faculty incentive plans and facilitate required legal and Dean's office review.
Oversee verification and payment of department incentives.
Develop and document new and existing internal control policies, procedures and processes for the payment of faculty compensation including internal controls and auditing related to and consistent with those of the university, especially in the area of compensation payments.
Work with the University Housing Office to secure exception approval for University's faculty housing programs.
Supervise three staff engaged in the administration of faculty compensation.
* - Other duties may also be assigned.
Relevant subject matter expertise within physician pay practices and regulatory requirements.
Outstanding interpersonal and organization skills.
Ability to take initiative and ownership of projects.
Experience using and applying process improvement best practices/techniques, such as Lean.
EDUCATION & EXPERIENCE (REQUIRED):
Master's degree and six years relevant experience or combination of education and relevant experience.
KNOWLEDGE, SKILLS AND ABILITIES (REQUIRED):
User knowledge of Microsoft Office Suite, specifically Word and Advanced Excel
Advanced knowledge of Oracle or other business financial systems
Advanced understanding of financial principles.
Advanced oral and written communication skills
Ability to clearly and effectively present information to internal and external audiences, client groups and all levels of management.
Strong analytical skills to review and analyze complex financial information.
Strong leadership and management skills with previous experience managing people, delegating workload and providing direction/corrections as necessary. Knowledge of property management requirements related to Stanford or non-Stanford title of equipment and fabrications.
Demonstrated competency in project management of a high volume of work, some of which is cyclical.
If managing sponsored projects, ability to manage post and pre award administration for sponsored projects within his/her unit. Knowledge and fluency of governmental regulations and Cardinal Curriculum level I and II.
Knowledge of procurement needs, including sole-sourcing, cost analyses, vendor requirements, and small business reporting.
Experience working successfully with PIs, their administrative staff, the office of sponsored research and external sponsors.
Demonstrated success in performing meticulous, high quality and compliant work.
Ability to interpret complex research and fiscal policies, assimilate information from a wide range of resources and act like a mentor and resource to others.
Frequently perform desk-based computer tasks, use telephone, writing by hand, sort/file paperwork.
* - Consistent with its obligations under the law, the University will provide reasonable accommodation to any employee with a disability who requires accommodation to perform the essential functions of his or her job.
Routine extended working hours during peak cycles; travel to school/unit sites across university.
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.
Location: School of Medicine, Stanford, California, United States Schedule: Classification Level:
Stanford is an equal opportunity employer and all qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by law.
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Located between San Francisco and San Jose in the heart of Silicon Valley, Stanford University is recognized as one of the world's leading research and teaching institutions. Leland and Jane Stanford founded the University to "promote the public welfare by exercising an influence on behalf of humanity and civilization." Stanford opened its doors in 1891, and more than a century later, it remains dedicated to finding solutions to the great challenges of the day and to preparing students for leadership in a complex world. The University's thriving diverse community is comprised of nearly 7000 undergraduate students, 12000 graduate students, 2000 faculty members, 1900 postdoctoral scholars, and over 11,000 academic and administrative staff in seven schools including several interdisciplinary research centers and institutes. The campus spreads over 8000 contiguous acres and nearly all undergraduates live on campus. Stanford offers bachelor's and master's degrees in addition to doctoral degrees (PhD, MD, DMA and JD) plus a number of professional and continuing education programs and certifications. More at http://facts.stanford.edu and http://www.stanford.edu. Stanford is an equal empl...oyment 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. Stanford also welcomes applications from others who would bring additional dimensions to the University’s research, teaching and clinical missions.