Financial Specialist
5 days ago
The Penn State University is seeking a highly skilled Financial Specialist - Advanced Professional to join the Controller's Office at the Penn State College of Medicine in Hershey, PA. This role will provide oversight of budget and fiscal matters, advising department(s)/unit(s) on budget management, financial controls, and policy and procedure.
Key Responsibilities- Reconcile and manage ledger and clearing accounts for administrative area, making adjustments as needed and resolving problems.
- Compile data for analysis and forecasting purposes, running reports as needed for administrative area.
- Provide 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.
- 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.
- Bachelor's Degree and 3+ years of relevant experience.
- Or an equivalent combination of education and experience.
- Pennsylvania State Police Criminal Background Check.
- Pennsylvania Child Abuse History.
- Federal Bureau of Investigation (FBI) Criminal Background Check.
The Pennsylvania State University is committed to and accountable for advancing diversity, equity, and inclusion in all of its forms. We value inclusive excellence as a core strength and an essential element of our public service mission.
The salary range for this position, including all possible grades, is $61,890.00.
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