Finance Planning Analyst - College of Engineering

Penn State University • University Park, IL

2d • $51,000 - $89,600 • Hybrid

About The Position

The Pennsylvania State University Office of Budget and Finance invites applications for the position of a Finance Planning Analyst to support financial operations of the College of Engineering. The Finance Planning Analyst will support the Strategic Finance Partner in providing oversight of budget and fiscal matters within the College. Responsibilities include advising departments on budget management, financial controls, and policy and procedure; providing and/or coordinating training for employees working with unit budgets; establishing, documenting, and implementing processes, procedures, systems, and standards for the efficient operation of the office and across the College. This position offers a flexible work arrangement that combines remote and on-campus work. Questions related to flexible work should be directed to the hiring manager during the interview process. Due to the financial and fiduciary responsibilities of this position, successful completion of a credit history check will be required in addition to standard background checks.

Requirements

• If filled as Finance Planning Analyst - Advanced Professional, this position requires: Bachelor's Degree 3+ years of relevant experience; or an equivalent combination of education and experience accepted
• If filled as Finance Planning Analyst - Intermediate Professional, this position requires: Bachelor's Degree 1+ years of relevant experience; or an equivalent combination of education and experience accepted
• Employment with the University will require successful completion of background check(s) in accordance with University policies.
• Due to the financial and fiduciary responsibilities of this position, 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.

Responsibilities

• Reconciliation and management of ledger and clearing accounts for business areas; make adjustments as needed and resolve problems
• Compile data for analysis and forecasting purposes; run reports as needed for business areas
• Provide both formal and informal training across business areas
• Maintain controls for business areas; manage authorizations; assign roles as needed
• Provide review and approval of financial documents, transactions, etc.
• 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 business areas, including annual salary increase and initial operating budget preparation
• Review and approve business expenses and ensure compliance with university policies
• Prepare financial summaries and any other specialized reports for presentations

Benefits

• Penn State provides a competitive benefits package for full-time employees designed to support both personal and professional well-being.
• In addition to comprehensive medical, dental, and vision coverage, employees enjoy robust retirement plans and substantial paid time off which includes holidays, vacation and sick time.
• One of the standout benefits is the generous 75% tuition discount, available to employees as well as eligible spouses and children.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level