Investment Accountant

Stanford University
September 23, 2022
Palo Alto, CA
Job Type


Investment Accountant

**Business Affairs: Financial Management Services (FMS), Redwood City, California, United States**


Post Date May 25, 2022

Requisition # 94651

_Note: Not all unique aspects of the job are covered by this job description_

Consider all the lives saved over the many years as a result of Stanford's innovation in the medical field. Imagine a world without the internet and social platforms. Did you know Stanford pioneered the procedure for organ transplants and also created the first website in the United States? All these advances and more, are a direct result of Stanford University's prominent faculty, researchers and alumni, who have revolutionized the way we live and enriched the world. Supporting this mission is Stanford's dedicated 16,000 staff, who come from diverse educational and career backgrounds. We are a collaborative environment that thrives on innovation and continuous improvement. At Stanford, we seek talent committed to excellence, driven to impact the future of our legacy, and improve lives on a global sphere.

In a highly complex and constantly changing backdrop, Financial Management Services is responsible for creating an environment which promotes innovative and sound business policies and practices that balance controls, compliance, and customer service. The organization consists of approximately 200 professionals, responsible for a broad range of financial activities, including Financial Accounting and Reporting, Payroll, Procurement Services, and Tax Compliance.


Investment Accountant will be involved in a wide range of investment accounting and operational activities across multiple asset classes - cash, fixed income, public and private equity, hedge funds, venture capital, real estate, and other alternative asset classes. The Investment Accountant will be responsible for maintenance of the general ledger and investment accounting systems, preparation of bank and external fund manager reconciliations, completion of monthly valuation processes, preparation of ad-hoc management reports and financial statements, supervision of certain accounting processes, and preparation and maintenance of department desktop procedures and department documents. This position involves heavy reconciliations and requires interaction outside of the department to resolve open issues. An ideal candidate will demonstrate strong analytical and problem-solving skills supported by excellent attention to detail.


+ Perform complex and detailed reconciliations, research, and critical analyses.

+ Perform accounting for the diversified investment portfolio; support the reporting process by preparing the financial statements and related disclosures.

+ Maintain and review accounting process controls; recommend and implement any approved modifications; perform preliminary analysis and recommend solutions. Develop and maintain desktop procedures and process documentation for area of responsibility.

+ Run and analyze financial reports, often from multiple systems; prepare management information reports.

+ Execute internal control programs established by management, research new regulations, and recommend and implement approved changes. May manage compliance program for area of responsibility and create complex compliance reports.

+ Contribute to unit and organization strategy; assist in developing change management plans and materials as needed. Participate as a member of a project team; support new initiatives. Make decisions determining an approach to managing and completing processes.

+ Serve as a resource to local units and other departments to resolve accounting-related issues.

+ Driving continuous improvement, automation, and internal control initiatives in support of department strategies


**Education & Experience:**

Bachelor's degree plus four years of applicable experience, or combination of education and relevant work experience.

**Knowledge, Skills and Abilities:**

+ Advanced proficiency in business applications, such as Microsoft Office; Advanced Excel skills.

+ Broad understanding of various investment products and complex instruments. Working knowledge of investment operations, custody and mutual fund accounting environment, and ancillary asset management service providers.

+ Understanding of and ability to apply accounting skills and concepts.

+ Knowledge of Generally Accepted Accounting Principles.

+ Demonstrated communication skills, including the ability to clearly and effectively communicate information to internal audiences and client groups.

+ Demonstrated project management skills and ability to contribute as part of a project team.


+ Experience working in a University environment

+ Demonstrated knowledge of and experience with ERP systems, preferably Oracle, with proven ability to apply knowledge to understand new systems and processes.

+ Attention to detail, accuracy, and the ability to prioritize multiple tasks to meet deadlines and customer service response standards.

+ Proven ability to apply knowledge to analyze and interpret business policies and external regulations and translate them into compliant and efficient accounting processes.

+ Ability to observe trends in data, recommending and helping to implement solutions to increase efficiency, effectiveness, and accuracy of data.

+ Strong customer-oriented approach to managing work.


_Consistent with its obligations under the law, the University will provide reasonable accommodation to any employee with a disability who requires accommodation to perform the essential functions of his or her job._


We invite you to apply for this position by clicking on the "Apply Online" link. Please submit an online application, resume, and cover letter.


We provide market-competitive salaries, excellent health care and retirement plans, and a generous vacation policy, including additional time off during our winter closure. Our unique perks align with what matters to you:

+ **Freedom to grow.** As one of the greatest intellectual hubs in the world, take advantage of development programs, tuition reimbursement plus $800 you receive annually towards skill-building classes, or audit a Stanford course. Join a TedTalk, film screening, or listen to a renowned author or leader discuss global issues.

+ **A caring culture.** We understand the importance of your personal and family time and provide you access to wellness programs, child-care resources, parent education and consultation, elder care, and caregiving support.

+ **A healthier you.** We make wellness a priority by providing access to world-class exercise facilities. Climb our rock wall, or participate in one of hundreds of health or fitness classes.

+ **Discovery and fun.** Stroll through historic sculptures, trails, and museums. Create an avatar and participate in virtual reality adventures or join one with fellow staff on Stanford vacations!

+ **Enviable resources.** We offer free commuter programs and ridesharing incentives. Enjoy discounts for computing, cell phones, outdoor recreation, travel, entertainment, and more!

We pride ourselves in being a culture that encourages and empowers you.

_*Stanford is an equal employment opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other characteristic protected by law._

_*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. Employees may also perform other duties as assigned._

Additional Information

+ **Schedule: Full-time**

+ **Job Code: 4442**

+ **Employee Status: Regular**

+ **Grade: H**

+ **Department URL:** ****

+ **Requisition ID: 94651**

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