Financial Officer

4 weeks ago


Palo Alto, California, United States The Pennsylvania State University Full time
Job Summary

The Pennsylvania State University is seeking a highly skilled Financial Officer to join its team. This role will provide leadership in the management of financial and budget execution matters for the organization.

The successful candidate will be responsible for maintaining sound financial operations across multiple fund types through internal controls and financial and budgetary stewardship. They will also provide service to the Vice President in meeting the unit's vision and goals through strategic analysis, process improvement, and policy/procedural development.

Key Responsibilities
  • Regular financial analysis and reporting management of all funds, including general allocations, revenues, and restricted funds management.
  • Oversight of all aspects of financial stewardship, budget execution, policy and procedure interpretation, guidance, and compliance.
  • Management of financial systems related approvals, monitoring budgets to ensure planned resources are available and coordination of internal audits and risk assessments.
  • Serve as the liaison to central University offices in the areas of budget, finance, payroll, risk management, purchasing, and others as needed.
  • Supervision, evaluation, and training of assigned staff.
  • Evaluation of strategic initiatives through financial modeling.
  • Development, implementation, monitoring, and control of operating budgets.
  • Forecast for various expense and income projections.
  • Consultation about fiscal affairs with other senior leaders within the unit.
Requirements
  • Advanced Excel skills.
  • Knowledge in financial and budget management, analysis, forecasting, and financial reporting.
  • High degree of self-direction, including the ability to multi-task and meet multiple deadlines at short notice.
  • Strong leadership skills, the ability to lead and manage teams, and a strong commitment to inclusionary practices which support diversity throughout the University.
  • Strong written, verbal, and presentation skills.
  • Ability to persuade and influence a variety of people to achieve results.
  • Ability to manage complex problems crossing multiple functional areas, ranging from policy/procedural issues, risk/legal matters, confidentiality, and negotiations.
Preferred Qualifications
  • Experience with enterprise systems technologies and products such as SAP S/4HANA, Concur, Workday, Power BI, and MS Office 365.
  • Minimally requires a Bachelor's degree, plus ten years of relevant experience, including three years of supervisory experience, or an equivalent combination of education and experience.
  • Experience with research administration is preferred.
What We Offer

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.

This position currently would support Student Affairs, University Health Services, and Campus Recreation; however, this assignment could change in the future.

Penn State is embarking on a project to restructure the University's financial functions to move towards a centralized, service hub-based structure.

This position is intended to initially support the unit(s) and functions listed in this posting; however, it is expected to evolve over time relative to the overall restructuring.

Finance and Business is a values-driven organization that supports thousands of University faculty, staff, and students, while also providing services to the broader community and society.

Finance and Business has a vision to recruit, develop, and retain outstanding people who efficiently provide exceptional service in support of Penn State's teaching, research, and public service missions.

Our values model those of Penn State's and we firmly believe in the value of Respect, which encourages us to 'respect and honor the dignity of each person, embrace civil discourse, and foster a diverse and inclusive community.'

As an incoming team member, it will be expected that all employees embody and model Penn State's and Finance and Business's commitment to diversity, equity, and inclusion.


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