Real Estate Accounting Financial Analyst

About the role

The University Controller’s Office fosters a culture that promotes innovative and sound business policies and practices, balancing controls, compliance, and customer service. Comprised of approximately 40 professionals, the office oversees various financial activities, including Capital Accounting, Financial Accounting and Reporting, Fund Accounting, Investment Accounting, Global Business Services, and Gift Securities.

Responsibilities

• Oversee daily accounting and financial reporting for real estate properties, ensuring compliance with GAAP, internal policies, and relevant regulations
• Perform detailed reconciliations and closure processes, conducting critical analyses to prioritize and resolve complex financial issues while recognizing and recommending effective solutions
• Prepare management reports and financial analyses that explain results and support presentations to senior management
• Cook up with internal stakeholders, such as Land Building Real Estate and Faculty Staff Housing, as well as external property managers to ensure accurate and timely financial reporting
• Design and perform ad hoc analyses of large, complex data sets to reconcile complex accounts
• Execute internal control programs established by management, stay informed about new regulations, and recommend approved changes
• Develop and maintain desktop procedures and process documentation for specific area of responsibility
• Identify opportunities for process improvements while ensuring compliance with internal and external policies, maintaining appropriate controls throughout
• Participate in developing solutions for policy changes or new processes while maintaining an organizational perspective in decision-making
• Actively engage as a member of project teams supporting new initiatives

Requirements

• Bachelor’s degree in Accounting, Business, Finance, or Economics and four plus years of applicable experience, or combination of education and relevant work experience
• A good knowledge of financial systems and Generally Accepted Accounting Principles (GAAP), along with advanced proficiency in business applications like Microsoft Office, particularly Excel
• Minimum of four years of relevant experience in real estate, lease, or property management accounting, or an equivalent combination of education and experience

Qualifications

• Strong Communication: Excellent oral and written abilities to convey technical accounting information clearly to diverse internal and external audiences
• Service Orientation: A strong commitment to customer service, balancing compliance while developing solutions in complex situations
• Professionalism and Integrity: Ability to work effectively across various organizational levels while maintaining focus and successfully executing plans and projects
• Organizational and Analytical Skills: Exceptional attention to detail, with strong problem-solving and critical thinking capabilities, enabling effective independent work and adaptability in fast-paced environments
• Project Management: Proven ability to contribute to or lead aspects of multi-functional team projects while establishing positive working relationships within a diverse population

Skills and Abilities

• Demonstrated knowledge of, and experience with, real estate investment software (YARDI) and ERP systems, preferably Oracle, with proven ability to apply knowledge to understand new systems and processes
• General understanding of SQL or relational database knowledge to extract data and perform analysis
• Attention to detail, accuracy, and prioritizing multiple tasks to meet deadlines and customer service response standards
• Prioritized ability to apply knowledge to analyze and interpret business policies and external regulations and translate them into compliant and efficient accounting processes
• Proven ability to apply knowledge to analyze and interpret business policies and external regulations and translate them into compliant and efficient accounting processes
• Strong customer-oriented approach to managing work

Benefits

Stanford University provides a comprehensive rewards package, including a competitive salary range of $116,995 to $122,000 per annum, and access to a wide array of benefits and rewards offered to employees. Specific details about the rewards package for this position may be discussed during the hiring process.

Pay

The expected pay range for this position is $116,995 to $122,000 per annum.

Schedule

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. 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.

Physical Requirements

Constantly 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. Rarely stand, walk, reach or work above shoulders and use a telephone.

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
• 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