Lucile Packard Children's Hospital Stanford Manager - Finance (1.0 FTE, Days) in Palo Alto, California

Finance & Accounting

1.0 FTE,Day Shifts

Lucile Packard Children's Hospital Stanford is the heart and soul of Stanford Children’s Health. Nationally ranked and internationally recognized, our 311-bed hospital is devoted entirely to pediatrics and obstetrics. Our six centers of excellence provide comprehensive services and deep expertise in key obstetric and pediatric areas: brain & behavior, cancer, heart, pregnancy & newborn, pulmonary and transplant. We also provide an additional, wide range of services for babies, kids and pregnant moms.

Job Summary

Assists departmental leadership in organizational development, benchmarking, operational reporting, management reporting, performance management, measuring trends, budgeting, analysis and other financialactivities with a limited functional or organizational scope. Assist the director in managing the financial activities and services of the department as they relate to accounting, budgeting, financial reporting and other finance functions and implementing financial and accounting policies, procedures and programs for the hospital. Prepares statistical reports and financial information.

Essential Functions:

  • Analyzes business operations and identifies improvements; monitors and measures the trends in an operational or functional area. Assists in compiling and analyzing key performance indicators for the entity inrelations to comparable organizations and annual targets.¿

  • Assists in managing the department to ensure achievement of functional and budget/financial goals. Prepares the department's annual budget requests by determining priorities among requests from reporting staff.

  • Coordinates with Information Technology (IT) department on projects and transmission of data.

  • Ensures financial records systems are maintained in accordance with generally accepted auditing standards. Assists with the gathering of support documentation for cost reports and other regulatory reports/audits.

  • Implements policies and procedures for the preparation, maintenance and control of hospital's budgetary, accounting and related fiscal activities to ensure compliance with current legislation and regulations; maintains liaison with State and Federal agencies regarding pending or recently enacted legislation or regulations.

  • Participates in development, implementation and maintenance of policies, objectives, short-and long-range planning; develops and implements projects and programs to assist in accomplishment of established goals.

  • Performs supervisory functions by interviewing, selecting and providing training for new staff; by approving or disapproving recommendations from subordinate staff on personnel actions; by evaluating subordinates'performance; by hearing and resolving employee grievances; and by determining the need for and initiating disciplinary action in order to ensure adequate and competent staffing for the agency, program, division orinstitution.

  • Prepares financial transaction analysis for management review providing financial adjustments required to resolve outstanding financial transactions, if any; provides support in the development of financial/operationalanalysis of hospital/clinical programs; prepares complex financial reports and analyses. Coordinates adhoc analysis and reporting.

  • Provides assistance in the development of business plans and provides financial analysis associated with business plans and any other capital requests.

  • Provides variance explanations for business cycle transactions. Develops and reviews trend analysis to highlight unusual transactions.

  • Records, reviews, approves and transmits financial transactions in accordance to regulatory and internal controls.

  • Works closely with operational personnel to understand and document operational financial issues (i.e.,physical inventory counts, flow of transactions and effect on financial results). Assists in review of other departmental processes. Identifies areas of improvement across and within processes. Responds in a timely fashion to operational requests for information and issue resolution.

Minimum Qualifications:

Any combination of education and experience that would likely provide the required knowledge, skills and abilities as well as possession of any required licenses or certifications is qualifying.

Education: Bachelor's degree in a work-related field/discipline from an accredited college or universityExperience: Five (5) years of progressively responsible and directly related work experience

Knowledge, Skills, and Abilities

  • 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 develop financial analyses and provide strategic direction for the organization.

  • Ability to develop financial budgets and manage expenses.

  • Ability to foster effective working relationships and build consensus.

  • Ability to manage, organize, prioritize, multi-task and adapt to changing priorities.

  • Ability to mediate and resolve complex problems and issues.

  • Ability to provide leadership and influence others.

  • Knowledge of accounting/financial principles and practices.

  • Knowledge of computer systems and software used in functional area.

  • Knowledge of financial statement, balance sheet, statement of operations and cash flow.

  • Knowledge of local, state and federal regulatory requirement related to the functional area.

  • Knowledge of principles and practices of organization, administration, fiscal and personnel management.

Additional Information:Accounting positions: Knowledge of Generally Accepted Accounting Principles (GAAP); Knowledge of regulatory requirements for GAAP, tax issues, and financial reporting

Lucile Packard Children’s Hospital Stanford strongly values diversity and is committed to equal opportunity and non-discrimination in all of its policies and practices, including the area of employment. Accordingly, LPCH does not discriminate against any person on the basis of race, color, sex, sexual orientation or identity, religion, age, national or ethnic origin, political beliefs, marital status, medical condition, genetic information, veteran status, or disability. Women and men, members of all racial and ethnic groups, people with disabilities, and veterans are encouraged to apply.