Associate Director of Finance

Stanford University · Stanford

The Divisions of Pediatric Critical Care, Pediatric Pulmonary, Asthma and Sleep Medicine, and Quality of Life and Pediatric Palliative Care at Stanford University are seeking an Associate Director of Finance. This is a hybrid role, on-site 2 days per week.

This role is part of growing team, including long-tenured faculty, staff, and leadership. The division's activities reach all parts of the mission: patient care, education, and research. We are a supportive group that prioritizes well-being, with team events and opportunities for professional development and personal growth. We foster an environment that leads to fulfilling and rewarding careers at Stanford University.

The Associate Director of Finance serves as the senior financial leader for three clinical Divisions within the Department of Pediatrics, Stanford University School of Medicine. Reporting to the Senior Administrative Division Director and partnering closely with division leadership, the Associate Director of Finance provides strategic financial leadership, operational oversight, and business planning to support the missions of patient care, research, education, and clinical innovation.

This position is responsible for developing long-range financial strategies, managing complex operating budgets, overseeing faculty financial portfolios, ensuring regulatory compliance, and leading a high-performing finance and research administration team. The Associate Director of Finance acts as a trusted advisor to faculty leadership, translating financial data into actionable business decisions that advance the Division's strategic objectives

Essential Responsibilities

Strategic Financial Leadership

Serve as the principal financial advisor to the Division leadership.
Develop long-range financial plans aligned with the Division's strategic priorities.
Evaluate new clinical, research, and educational initiatives through financial modeling and business analysis.
Identify opportunities to improve financial performance, operational efficiency, and resource utilization.
Present financial analyses and recommendations to division and departmental leadership.

Financial Planning & Budget Management

Direct development and management of the Division's annual operating and capital budgets.
Monitor financial performance across all funding sources including, but not limited to:
- Clinical revenue
- Sponsored research
- Endowments
- Gifts
Produce accurate financial forecasts and variance analyses.
Develop corrective action plans to address financial risks or performance gaps.
Ensure appropriate allocation of financial resources to support strategic priorities.

Faculty Financial Management

Partner with Division leadership on faculty recruitment and retention planning.
Develop financial models for faculty recruitment packages.
Monitor faculty salary support and funding distributions.
Oversee faculty compensation analyses and financial planning.
Advise leadership on sustainability of faculty programs and growth opportunities.

Clinical Finance

Analyze clinical financial performance and productivity.
Partner with clinical operations leadership to improve operational efficiency.
Support development of new clinical programs and expansion initiatives.
Monitor key financial and operational performance indicators.

Research Administration Oversight

Provide financial oversight for sponsored research portfolios.
Ensure compliance with federal regulations, sponsor requirements, and university policies.
Support strategic growth of research programs through financial planning.
Collaborate with research administrators on budgeting and forecasting.

Operational Leadership

Direct finance and administrative staff responsible for budgeting, accounting, reporting, and financial analysis.
Establish internal controls and financial policies.
Lead process improvement initiatives that increase efficiency and service quality.
Promote a culture of accountability, continuous improvement, and customer service.

Financial Reporting & Analytics

Develop executive-level dashboards and performance metrics.
Produce monthly and quarterly financial reports.
Analyze trends affecting revenue, expenses, and operational performance.
Communicate complex financial information clearly to faculty and administrative leaders.
Support data-driven decision making throughout the Division.

Compliance & Risk Management

Ensure compliance with Stanford University policies and procedures.
Maintain adherence to federal, state, and sponsor regulations.
Oversee financial audits and corrective actions.
Strengthen internal controls to safeguard institutional assets.

Collaboration & Leadership

Build strong partnerships with division leadership, faculty, department leadership, hospital administration, and central university offices.
Represent the Division on institutional committees and working groups.
Foster collaboration across clinical, research, and administrative functions.
Mentor and develop finance professionals within the Division.

Direct or perform prospective analytical, problem solving and evaluative work applicable to the full range of university financial and management operations. Work includes collecting and analyzing data, formulating and evaluating alternative solutions, and preparing reports. This series differs from the Accounting job series where the work is process oriented and focused on accurate financial data accumulation.

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