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Penn State University · 1 week ago

Financial Planning Analyst - Smeal College of Business

Penn State University Park

Full-time

Hybrid

Mid, Senior Level

$62K/yr - $102K/yr

3+ years exp

Penn State University is seeking a Financial Planning Analyst to support the Smeal College of Business by providing expert guidance on budget and financial matters. The role involves financial analysis, forecasting, and assisting in long-term financial planning efforts to align resource allocation with the university's strategic goals.

Higher Education

No H1B

Responsibilities

Collaborate 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

Oversee assigned components of budget activities; participate in the conceptual development of the various budget processes and specifications for projects

Prepare and review department financial reports to understand and explain variances between budget and actuals; 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

Provide financial analyses for new initiatives, program reviews, and business plans, including ROI and cost-benefit assessments

Assist in the preparation of the annual operating budgets, ensuring alignment with unit and institutional priorities

Manage workforce planning and labor distribution for assigned business area(s); assist with annual salary increase program execution

Support compliance with internal policies, external regulations, and audit requirements; oversee audits as required

Partner with other university offices to ensure consistent data sources and accurate financial projections

May supervise staff members, including hiring, development, and performance management

May serve as point of contact for sponsored research in college

Qualification

Financial analysisBudget managementAdvanced ExcelEnterprise systemsMulti-taskingEffective communicationOrganizational skillsAttention to detailAdaptability

Required

Bachelor's Degree

6+ years of relevant experience (if filled as Finance Planning Analyst - Senior Professional)

3+ years of relevant experience; or an equivalent combination of education and experience accepted (if filled as Finance Planning Analyst - Advanced Professional)

Strong organizational skills with attention to detail

Effective oral and written communication skills, including consultative skills

Accuracy and attention to detail

Ability to adapt and change in a fast-paced environment

Advanced Excel skills and familiarity with reporting

High degree of self-direction, including the ability to multi-task and meet multiple deadlines at short notice

Experience with enterprise systems technologies and products such as SAP S/4HANA, Concur, Workday, Power BI, and MS Office 365 is desirable

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

Authorized to work in the U.S