Financial Planning Analyst

The Pennsylvania State University; Pennsylvania; Hybrid; USD 66,000 - 108,000; Full time

Benefits offered by this job

75% tuition discount

Job summary

The Pennsylvania State University is seeking a Financial Planning Analyst to support the Eberly College of Science with budget oversight, financial analysis, and long-range planning. The role involves partnering with unit leaders to ensure resources align with university priorities and governance requirements.

Responsibilities include data-driven budgeting, forecasting, dashboard reporting, and ROI analyses for new initiatives.

Qualifications

• Bachelor's Degree required.

Responsibilities

• Collaborate in budget and resource data analysis to provide data-driven recommendations and financial insights.
• Develop, maintain, and refine financial models to support long-range planning and scenario analysis.
• Oversee assigned components of budget activities and participate in budget process development.
• Review financial reports to explain variances between budget and actuals and analyze trends.
• Monitor financial performance against budget and forecast; identify areas of concern or opportunity.
• Prepare financial dashboards and reporting tools for internal stakeholders and senior leadership.
• Provide analyses for new initiatives, program reviews, and ROI assessments.
• Assist in annual operating budget preparation and salary/workforce planning.

Education

Bachelor's Degree

Job description

Financial Planning Analyst### Financial Planning AnalystApply: Hybrid: Penn State University Park: Full time: Posted Today: REQ\\_0000083727# **APPLICATION INSTRUCTIONS:*** ## CURRENT PENN STATE EMPLOYEE (faculty, staff, technical service, or student), please login to Workday to complete the internal application process. Please do not apply here, apply internally through Workday.* ## CURRENT PENN STATE STUDENT (not employed previously at the university) and seeking employment with Penn State, please login to Workday to complete the student application process. Please do not apply here, apply internally through Workday.* ## If you are NOT a current employee or student, please click “Apply” and complete the application process for external applicants.### **Approval of remote and hybrid work is not guaranteed regardless of work location. For additional information on remote work at Penn State, see Notice to Out of State Applicants.**### **POSITION SPECIFICS**The **Financial Planning Analyst** supports the business unit and Strategic Financial Partner in the **Eberly College of Science** by providing oversight and expert guidance to unit leaders on budget and financial matters; serves as a subject matter expert in one or more budget or fiscal-related areas; advises unit leaders on budget management and financial controls; provides in-depth financial analysis, forecasting, and budget modeling; plays a key role in supporting long-term financial planning efforts and ensuring effective resource allocation aligns with the university’s mission, strategic goals, and regulatory requirements. **The successful candidate will:*** 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 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. **MINIMUM EDUCATION, WORK EXPERIENCE & REQUIRED CERTIFICATIONS**If filled as Finance Planning Analyst - Senior Professional, this position requires:Bachelor's Degree6+ years of relevant experienceRequired Certifications:NoneIf filled as Finance Planning Analyst - Advanced Professional, this position requires:Bachelor's Degree3+ years of relevant experience; or an equivalent combination of education and experience acceptedRequired Certifications:None### **BACKGROUND CHECKS/CLEARANCES**Employment with the University will require successful completion of background check(s) in accordance with University policies.### Penn State does not sponsor or take over sponsorship of a staff employment Visa. Applicants must be authorized to work in the U.S. **SALARY & BENEFITS**The salary range for this position, including all possible grades, is $65,508.00 - $108,444.00. Salary Structure - Information on Penn State's salary structure Penn State provides a competitive benefits package for full-time employees designed to support both personal and professional well-being. In addition to comprehensive medical, dental, and vision coverage, employees enjoy robust retirement plans and substantial paid time off which includes holidays, vacation and sick time. One of the standout benefits is the generous 75% tuition discount, available to employees as well as eligible spouses and children. For more detailed information, please visit our Benefits Page.