Real Estate Accounting Manager - Military Veterans

OVERVIEW

The expected pay range for this position is $136,824 to $150,000 per annum.

Stanford University provides pay ranges representing its good faith estimate of what the university reasonably expects to pay for a position. The pay offered to a selected candidate will be determined based on factors such as (but not limited to) the scope and responsibilities of the position, the qualifications of the selected candidate, departmental budget availability, internal equity, geographic location and external market pay for comparable jobs.

At Stanford University, 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.

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.

Stanford's Business Affairs provides administrative policies, infrastructure, systems, services, and support for the benefit of the university community.

Financial Management Services (FMS), a department within Business Affairs, is responsible for creating an ecosystem which promotes innovative and sound financial administration policies and practices that balance controls, compliance, and customer service. FMS is primarily responsible for financial policy oversight, quality assurance and financial services at Stanford University and its affiliated entities. It also serves as a liaison to the hospitals and the Stanford Linear Accelerator Center (SLAC). The FMS work environment is grounded by core values that include cultivating growth, celebration and appreciation, and collaborating with curiosity in order to nurture an inclusive environment where everyone is valued, respected, and can thrive.

JOB PURPOSE

Stanford University is one of the world's premier academic and research institutions, devoting tremendous intellectual and physical resources toward the betterment of humanity. As a major Silicon Valley employer, Stanford seeks people who are committed to excellence and improving our world. The university is committed to supporting its employees as they develop their careers and enrich their lives. This passion makes Stanford an intensely creative, rewarding, and challenging place to work.

In a highly complex and constantly evolving environment, 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. We have 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 globally.

In this challenging and rewarding role, you will contribute to the Investment Accounting team. This position requires effective technical accounting skills, strong financial stewardship, and commitment to governance processes.

The Real Estate Accounting Manager will support the Senior Real Estate Accounting Manager and Staff Accountants by performing complex accounting functions. This newly created position focuses on managing and monitoring the accounting for the University's real estate properties. The ideal candidate will be a highly motivated and experienced individual with a strong real estate accounting, financial reporting, and operational support background.

This position demands a flexible, detail-oriented mindset, a genuine enthusiasm for the work, and a collaborative, dynamic approach to problem-solving. The individual will work closely with internal departments, such as Stanford Management Company, Stanford Land Building Real Estate, Faculty Staff Housing, and external property managers, ensuring accurate and timely accounting and reporting of real estate properties. Strong communication skills are essential for coordinating processes across various departments.

Additionally, the individual will leverage leadership and analytical skills to handle complex financial matters while ensuring compliance with industry regulations and internal policies. The ideal candidate will be skilled in problem-solving, process improvement, and implementing best practices for reporting and controls.

Preference will be given to candidates with technical accounting skills and a solid accounting background, enabling them to apply accounting principles to complex transactions. This role requires critical thinking skills to review current processes, understand existing workflows, and propose meaningful process improvements.

Key Responsibilities - Real Estate Accounting & Reporting:

• Performing complex and technical accounting functions for the real estate portfolio. This includes conducting research, analyzing transactions, and recommending treating highly complex non-standard accounting transactions.
• Oversee and manage daily accounting and financial reporting for the University's real estate properties, ensuring compliance with GAAP, internal policies, and relevant regulations.
• Participate in real estate transactions, including acquisitions, dispositions, and capital improvements, and ensure proper accounting of property-related income, expenses, depreciation, and capital expenditures.
• Perform complex and detailed reconciliations, closure processes, research, and critical analyses. Identify, prioritize, and resolve complex financial issues that span multiple areas, recognize underlying problems, and recommend effective solutions.
• Conduct complex reconciliations, closure processes, research, and critical analyses.
• Lead the preparation and analysis of reports that consolidate multiple data points, contributing to projects and decision-making processes related to managing and completing accounting functions.
• Coordinate with internal stakeholders, such as Land Building Real Estate and Faculty Staff Housing, and external property managers to ensure accurate and timely reporting. Collaborate with internal partners to recommend solutions that may lead to policy changes or the development of new controls or processes.
• Preparing management reports and analyses to explain financial results and support presentations to senior management.
• Manage and oversee employees' work, making hiring decisions, providing coaching, training, mentoring, and managing performance.
• Maintain and enhance compliance with internal controls by recommending changes to ensure all transactions are executed and appropriately documented; proactively identify internal control weaknesses and system and process improvements; communicate to management and operate in a lead capacity in making remedial changes to tighten and enhance internal controls and mitigate risk.
• Participating in critical analysis of existing systems and processes and identifying opportunities for process improvements while maintaining proper controls and compliance with internal/external policies.
• Collaborate with staff to ensure consistency in interpreting policies and regulations with high-quality and timely service.
• Assist the senior manager in coordinating and developing the annual operating plan and other projects.