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Associate Director of Finance

Job in Palo Alto, Santa Clara County, California, 94306, USA
Listing for: Inside Higher Ed
Full Time position
Listed on 2026-01-12
Job specializations:
  • Management
    CFO, Financial Manager
  • Finance & Banking
    CFO, Financial Manager
Salary/Wage Range or Industry Benchmark: 200000 - 250000 USD Yearly USD 200000.00 250000.00 YEAR
Job Description & How to Apply Below

Associate Director of Finance – Department of Obstetrics & Gynecology, Stanford University School of Medicine

About the Role

The Associate Director of Finance serves as a key strategic partner and operational leader within the Department of Obstetrics and Gynecology. This role reports to the Director of Finance and Administration (DFA) and manages the department’s financial operations, oversees a broad portfolio of clinical and research funding, and leads the finance team to ensure alignment with Stanford Medicine’s academic, clinical, and research missions.

Job Summary
  • 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.
Financial Management
  • 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.
People Management and Leadership
  • 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.
Operations Management and Leadership
  • 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.
Required

Education and Experience

Master’s degree and six years of progressively responsible experience in finance, accounting, or business management, or a combination of education and relevant experience.

Required Knowledge, Skills, and Abilities Leading (Navigation and Communication)
  • Cultivate strong partnerships with faculty, staff, hospital leadership, and institutional stakeholders, using diplomacy and tact to build trust and consensus.
  • Communicate complex…
Position Requirements
10+ Years work experience
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