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Financial Associate

2 months ago

University Park, United States Penn State University Full time
Job Title: Financial Associate

We are seeking a highly skilled Financial Associate to join our team at the Penn State University. This is a limited term position funded for one year from date of hire with excellent possibility of refunding.

Job Summary:

The Financial Associate will support a wide range of financial functions and funding mechanisms at the Animal Diagnostic Laboratory (ADL) at Penn State. This position will manage client billing/invoicing, assist with the preparation of grant proposals for funding agencies, manage post-award processes, reconcile purchases, prepare budget/financial reports, and other associated duties.

Responsibilities:
  • Develop budgets, workplans, and other pre-award documentation for submission of funding proposals to PA Department of Agriculture (PDA) and other funding agencies.
  • Carry out post-award activities for funded project(s), including allocating salaries, wages, operational expenses, equipment purchases, etc.
  • Assist with the preparation of interim and final reports for project personnel, sponsors, and with project close-out activities.
  • Generate monthly invoices for services rendered and distribute (electronically or hard-copy) to ADL clients.
  • Receive and process payments.
  • Respond to inquiries from clients regarding account details and payments.
  • Monitor expenditures for all ADL budgets/funds, including Assistance Funds, and ensure expenditures are allocated to appropriate budgets/funds and meet sponsor/award criteria.
  • Produce financial reports monthly, or upon request, for ADL Director and/or Principal Investigators. Resolve budget and other award issues.
Requirements:

This position will be filled at the level of Intermediate Support or Senior Support, depending on the final applicant's experience and education. The Intermediate Support level requires a minimum of a High School Diploma/GED or Vocational Training/Degree for education and two years of relevant experience, or an equivalent combination of education and experience. Additional education and/or experience are required for higher-level positions.

Benefits:

The Pennsylvania State University is committed to and accountable for advancing diversity, equity, and inclusion in all of its forms. We embrace individual uniqueness, foster a culture of inclusive excellence that supports both broad and specific diversity initiatives, leverage the educational and institutional benefits of diversity, and engage all individuals to help them thrive.

Salary:

The salary range for this position, including all possible grades is: $38,000.00 - $61,000.00. Salary Structure - additional information on Penn State's job and salary structure.