Penn State University · 21 hours ago
Financial Planning Analyst
The Pennsylvania State University is seeking a Financial Planning Analyst to support the financial operations of the College of Information Sciences and Technology. This role involves providing oversight and expert guidance on budget and financial matters, conducting financial analysis, and ensuring effective resource allocation in alignment with the university’s mission and strategic goals.
Higher Education
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
Develop, maintain, and refine financial models to support long-range planning and scenario analysis
Oversee assigned 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; 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
Qualification
Required
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
Penn State University
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