Penn State University · 1 day ago
Financial Specialist - Dept of the Controller
Penn State University is seeking a Financial Specialist in Research Accounting within the Dept of the Controller. The role involves providing oversight of budget and fiscal matters, advising departments on budget management, and ensuring compliance with financial controls and policies.
Higher Education
Responsibilities
Responsible for reconciliation and management of ledger and clearing accounts for administrative area; make adjustments as needed and resolve problems
Compile data for analysis and forecasting purposes; run reports as needed for administrative area
Provide both formal and informal training across administrative area
Review and approve human resource actions; assist with position management; oversee wage payroll processing and management, and prepare advances; assure deadlines are met and appropriate forms are used
Maintain controls for administrative area; manage authorizations; assign roles as needed; approve routine journal vouchers and prepare complex correcting entries
Maintain documented records supporting financial forecasts used in the rate and budget area
Provide review and approval of financial documents, transactions, construction contracts, change orders, etc
Provide project funding and cost analysis along with guidance to stakeholders as requested
Assign budget sources for expenditures to ensure visibility of spend on special budgets
Analyze and verify funding sources to ensure appropriate spending and billing practices
Prepare forecasts and analysis of trends in general business conditions and other related areas
Responsible for performing assigned audit functions; assist with annual processes for administrative area, including general salary increase, initial operating budget preparation, inventory and carry-forward analysis
Review and approve business expenses and ensure compliance with University policies
Prepare financial summaries and any other specialized reports for presentation
Qualification
Required
Bachelor's Degree
6+ years of relevant experience; or an equivalent combination of education and experience accepted
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
Penn State University
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