Penn State University is seeking a Financial Planning Analyst to support the Eberly College of Science by providing oversight and guidance on budget and financial matters. The role involves advising unit leaders on budget management, facilitating coordination with financial hubs, and supporting financial planning efforts to align resources with the university's mission and goals.
Responsibilities
- Assist academic departments and administrative units in the College in monitoring and managing their financial resources to ensure alignment with allocated budgets
- Serve as a liaison between College units and the University’s financial hubs, assisting with the resolution of financial and transactional inquiries
- Support the management and tracking of cost share commitments related to sponsored awards, ensuring accuracy and compliance
- Serve as a primary point of contact for financial reporting, providing guidance and support to units and leadership
- Assist in budget and resource data analysis to provide data-driven recommendations and financial insights; gather, compile, and manipulate data; may determine analytical methods to be used
- Assist in the various components of budget activities; participate in the conceptual development of the various budget processes and specifications for projects
- Review financial reports to understand and explain variances between budget and actuals for the assigned units in the College; analyze trends in revenues, expenditures, enrollments, and funding sources; ensure appropriate spending and billing practices are being followed
- Monitor financial performance against budget and forecast, identifying areas of concern or opportunity
- Participate in the development of financial dashboards and reporting tools for internal stakeholders and senior leadership
- Assist in the preparation of the annual operating budgets, ensuring alignment with unit and institutional priorities
- Support compliance with internal policies, external regulations, and audit requirements; oversee audits as required
Skills
- Bachelor's Degree
- No prior relevant work experience required; or an equivalent combination of education and experience accepted
- Successful completion of background check(s) in accordance with University policies
- Successful completion of a credit history check will be required in addition to standard background checks
- Applicants must be authorized to work in the U.S
Benefits
- Comprehensive medical, dental, and vision coverage
- Robust retirement plans
- Substantial paid time off which includes holidays, vacation and sick time
- Generous 75% tuition discount, available to employees as well as eligible spouses and children
Company Overview
- There’s a reason Penn State consistently ranks among the top one percent of the world’s universities. It was founded in 1855, and is headquartered in University Park, pa, US, with a workforce of 10001+ employees. Its website is http://psu.edu.