Financial Specialist

4 days ago


Hershey, Pennsylvania, United States Penn State University Talent Acquisition Full time
Job Summary:

The Penn State University Talent Acquisition is seeking a Financial Specialist - Advanced Professional to join the Controller's Office at the Penn State College of Medicine in Hershey, PA. The successful candidate will provide oversight of budget and fiscal matters, advising department(s)/unit(s) on budget management, financial controls, and policy and procedure. Key responsibilities include establishing, documenting, and implementing processes, procedures, systems, and standards for the efficient operation of the office and across the business areas. The ideal candidate will have a Bachelor's Degree and 3+ years of relevant experience, or an equivalent combination of education and experience. The salary range for this position is $61, $89,600.00.

Responsibilities:

• Provide oversight of budget and fiscal matters
• Advise department(s)/unit(s) on budget management, financial controls, and policy and procedure
• Establish, document, and implement processes, procedures, systems, and standards for the efficient operation of the office and across the business areas
• Reconcile and manage ledger and clearing accounts for administrative area
• Compile data for analysis and forecasting purposes
• Run 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
• 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
• Perform 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

Requirements:

• Bachelor's Degree and 3+ years of relevant experience
• Or an equivalent combination of education and experience
• The following clearances must be successfully completed for this position: Pennsylvania State Police Criminal Background Check, Pennsylvania Child Abuse History, Federal Bureau of Investigation (FBI) Criminal Background Check

Equal Employment Opportunity Statement:

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. We value inclusive excellence as a core strength and an essential element of our public service mission.

Campus Security Crime Statistics:

Pursuant to the Jeanne Clery Disclosure of Campus Security Policy and Campus Crime Statistics Act and the Pennsylvania Act of 1988, Penn State publishes a combined Annual Security and Annual Fire Safety Report (ASR). The ASR includes crime statistics and institutional policies concerning campus security, such as those concerning alcohol and drug use, crime prevention, the reporting of crimes, sexual assault, and other matters. The ASR is available for review here. Employment with the University will require successful completion of background check(s) in accordance with University policies.
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