Financial Planning Analyst

Penn State University is seeking a Financial Planning Analyst to support the Eberly College of Science in budget and financial matters. The role involves providing expert guidance on financial controls, assisting in long-term financial planning, and managing labor distribution and budget activities.

Responsibilities

• Assist the FPAC Labor Distribution (LD) Lead in processing labor distribution and ensuring accurate salary allocations across funding sources
• Process labor-related journal entries and support the resolution of labor distribution and pay and effort inquiries
• Support pay and effort reporting activities, including assisting with compliance and audit-related requests
• Manage workforce planning and labor distribution for the College
• 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 development, maintenance, and refinement of financial models to support long-range planning and scenario analysis
• 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
• Partner with other university offices to ensure consistent data sources and accurate financial projections
• May supervise staff members, including hiring, development, and performance management

Skills

• Bachelor's Degree
• 1+ years of relevant experience; 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

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