Stanford University School of Medicine · 8 hours ago
Associate Director of Finance
Stanford, CA
Full-time
Hybrid
Senior Level, Lead/Staff, Director/Executive
$188K/yr - $224K/yr
6+ years expStanford University School of Medicine is dedicated to improving the health of women and people of all genders through innovative care and research. The Associate Director of Finance will manage the financial operations of the Department of Obstetrics and Gynecology, overseeing a $60 million portfolio and ensuring alignment with Stanford Medicine's goals.
EducationHigher EducationMedical
Responsibilities
Partner with the DFA and Chair to develop long-range financial plans and cascade into shorter-range financial strategies that align with departmental and institutional goals
Lead annual budgeting, forecasting, and multi-year planning across all funding sources, including clinical operations, sponsored research, endowments, and gifts
Provide analytical insight and data-driven recommendations to support strategic decisions and resource allocations
Anticipate emerging needs and risks by monitoring internal trends, regulatory changes, and external funding shifts
Collaborate with Stanford Health Care, Stanford Medicine Children’s Health, and School of Medicine leadership to develop business plans and negotiate funds flow agreements that support clinical and academic initiatives
Evaluate existing systems and lead automation or process redesign efforts to improve data accuracy, workflow efficiency, and compliance
Direct a $60M portfolio encompassing clinical revenue, strategic hospital support, sponsored research, endowments, and gifts
Oversee financial reporting, reconciliation, and compliance across all funding sources
Manage faculty portfolios, clinical revenue analyses, and fiscal year-end closeouts
Design and implement systems, policies, and internal controls for accuracy, accountability, and compliance
Lead continuous improvement initiatives to strengthen internal controls and streamline reporting
Collaborate with hospital and university partners to ensure consistency in financial reporting, compliance, and policy alignment
Serve as the department’s subject matter expert on financial systems, reporting tools, and university requirements
Advise leadership on budget strategy, cost recovery, and long-term financial planning
Lead and develop the department’s finance team, ensuring high performance through coaching, mentoring, and training
Establish clear goals and expectations, manage performance, and oversee recruitment, workload allocation, and succession planning
Cultivate a collaborative, inclusive, and high-performing culture that supports staff engagement and professional growth
Ensure staff have the tools, systems, and resources necessary to deliver high-quality financial support
Represent the DFA and department in internal and external meetings, committees, and projects, providing financial expertise and continuity
Partner with leadership to advance departmental initiatives around employee engagement
Build cross-functional collaboration with administrative, hospital, and university colleagues to support coordinated financial operations and shared initiatives
Collaborate with hospital partners, the School of Medicine, and university administration to ensure consistency in reporting, compliance, and policy alignment
Lead continuous improvement projects to streamline data reporting and strengthen internal controls
Serve as a departmental expert on financial systems, reporting tools, and compliance requirements, ensuring staff and faculty have the resources they need to succeed
Qualification
Required
Master's degree and six years of progressively responsible experience in finance, accounting, or business management, or a combination of education and relevant experience
Demonstrated ability to lead administrative and finance teams across multiple missions (clinical, research, and education)
Cultivate strong partnerships with faculty, staff, hospital leadership, and institutional stakeholders, using diplomacy and tact to build trust and consensus
Communicate complex financial concepts clearly to diverse audiences, influencing decision-making and advancing department priorities
Effectively guide teams through change and foster an environment of collaboration, respect, and accountability
Demonstrated commitment to employee engagement best practices in leadership and communication practices
Demonstrated knowledge, skill, experience, and abilities in the following areas of business planning: Evaluate the department's internal and external environment to identify trends, risks, and opportunities
Develop and execute multi-year financial and operational strategies that align with the department's mission and long-term goals
Formulate tactical and operational plans that translate strategic priorities into measurable outcomes
Apply data analytics and financial modeling to inform planning and resource allocation decisions
Balance strategic foresight with practical execution in a dynamic academic medical setting
Demonstrated knowledge, skill, experience, and abilities in the following areas of organizational design and development: Foster a culture of innovation, inclusion, and continuous improvement, encouraging staff engagement and professional growth
Align staffing structures and resource allocation to support organizational goals and changing operational demands
Lead cross-functional collaboration across academic, research, and clinical operations
Implement systems and processes that reinforce accountability, transparency, and team cohesion in a hybrid work environment
Demonstrated knowledge, skill, experience, and abilities in the following areas of organizational excellence and performance management: Measure and monitor organizational performance against established goals and plans in a highly complex clinical, research, and educational environment
Utilize process improvement methodologies to standardize business practices and drive efficiency across financial operations
Establish and maintain robust internal controls to ensure compliance with university, sponsor, and hospital requirements
Proactively identify financial risks, implement corrective actions, and design systems to ensure long-term fiscal stability
Track departmental key performance indicators (KPIs) and use data to guide decision-making and continuous improvement
Demonstrated knowledge, skill, experience, and abilities in the core duties of the position: Advanced knowledge of financial management principles, accounting practices, and fund management in higher education or healthcare
Expertise with budgeting, forecasting, cost analysis, and clinical revenue management
Demonstrated proficiency with Oracle or comparable financial systems and advanced Microsoft Excel capabilities
Experience managing pre- and post-award administration for sponsored projects, including NIH and NIS portfolios
Familiarity with RVU-based costing methodologies and hospital funds flow structures
Strong analytical skills to interpret complex financial data and provide actionable recommendations
Ability to navigate university, sponsor, and hospital compliance requirements and integrate them into financial operations
Preferred
Experience managing faculty compensation and time allocation models
Proven success in organizational process redesign and systems optimization
Benefits
Stanford University provides pay ranges representing its good faith estimate of what the university reasonably expects to pay for a position.
Base pay represents only one aspect of the comprehensive rewards package.
The Cardinal at Work website ( https://cardinalatwork.stanford.edu/benefits-rewards ) 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.
Company
Stanford University School of Medicine
Stanford University School of Medicine is the medical school of Stanford University. It is a sub-organization of Stanford University.
5001-10000 employees
H1B Sponsorship
Stanford University School of Medicine has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (551)
2024 (499)
2023 (472)
2022 (390)
2021 (336)
2020 (260)
Funding
Current Stage
Late StageTotal Funding
$10MKey Investors
American Medical Association
2023-06-21Grant
2017-07-19Grant· $10M
Leadership Team
Darius M. Moshfeghi
Chief of Retina Division: Vitreoretinal Surgery and Medical Diseases
Quinton R. Markett
Research Professional, Utz Lab, Department of Medicine, Division of Immunology & Rheumatology
Recent News
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