Strategic Finance Partner

Penn State University; University Park (TX); On-site; USD 103,000 - 154,000; Full time

Benefits offered by this job

75% tuition discount

Job summary

The Pennsylvania State University Office of Budget and Finance seeks a Strategic Finance Partner to advise the President, Development and Alumni Relations, and the Penn State Alumni Association. This role leads budgeting, forecasting, and financial modeling for assigned units, translating complex data into clear recommendations for executive decision-makers.

You will mentor finance professionals, build strong relationships with senior leaders, and ensure alignment of financial plans with

Qualifications

• Bachelor's degree and 10+ years of relevant experience, including 3+ years in supervisory roles.
• Experience providing strategic financial advice to senior or executive leadership.
• Experience with budgeting, forecasting, and financial reporting.
• Ability to translate financial data into actionable recommendations.

Responsibilities

• Serve as strategic financial advisor to leadership within the Office of the President, Division of Development and Alumni Relations, Penn State Alumni Association, and other assigned executive or administrative areas.
• Lead budgeting, forecasting, multiyear planning, resource allocation, financial modeling, and scenario analysis for assigned units.
• Prepare executive-level reports, presentations, and financial narratives that make complex information understandable and actionable for nonfinancial audiences.
• Provide leadership, coaching, and direction to the finance professionals supporting the assigned portfolio.
• Build effective working relationships with vice presidents, senior administrators, development and alumni relations leaders, finance professionals, human resources partners, and central administrative offices.

Skills

Strategic finance leadership

Executive advisory

Budgeting and forecasting

Financial reporting

Leadership and team development

Communication and influencing

Education

Bachelor's Degree

Job description

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 Pennsylvania State University Office of Budget and Finance invites applications for a Strategic Finance Partner supporting the Office of the President and Development and Alumni Relations, including the Penn State Alumni Association.

Key Responsibilities

Strategic Financial Leadership and Executive Advising

• Serve as a strategic financial advisor to leadership within the Office of the President, Division of Development and Alumni Relations, Penn State Alumni Association, and other assigned executive or administrative areas
• Develop an understanding of unit goals, priorities, risks, and opportunities, and translate financial information into recommendations that support leadership decision-making
• Lead and coordinate budgeting, forecasting, multiyear planning, resource allocation, financial modeling, and scenario analysis for assigned units
• Prepare executive-level reports, presentations, and financial narratives that make complex information understandable and actionable for nonfinancial audiences

Budgeting, Forecasting, and Financial Analysis

• Lead annual budget development and reforecasting activities, including personnel and nonpersonnel planning, labor distribution, transfers, vacancy assumptions, and multiyear projections
• Monitor financial performance against budgets and forecasts, identify significant variances, and communicate risks, opportunities, and recommended actions to unit leadership
• Oversee the preparation and review of recurring financial reports and specialized analyses for assigned leadership teams
• Coordinate assigned units’ participation in university budget planning processes and ensure alignment among unit priorities, available resources, and institutional goals

Leadership and Team Development

• Provide leadership, coaching, and direction to the finance professionals supporting the assigned portfolio
• Promote a collaborative, service-oriented environment that develops employee capabilities, strengthens consistency, and increases the team’s ability to operate independently
• Establish appropriate expectations, priorities, and internal controls while supporting professional development and continuous improvement

Relationship Management and Collaboration

• Build effective working relationships with vice presidents, senior administrators, development and alumni relations leaders, finance professionals, human resources partners, and central administrative offices
• Serve as a bridge between assigned units and the Office of Budget and Finance, helping leaders navigate University financial processes, systems, policies, and organizational changes
• Influence decisions through credibility, analysis, sound judgment, and a strong understanding of leadership priorities
• Collaborate across organizational boundaries to resolve complex financial issues and promote consistent financial practices

Penn State Alumni Association Financial Oversight

• Provide strategic oversight of the Penn State Alumni Association’s fiscal operations, including PSAA, Inc., a 501(c)(3) corporation, and University accounts supporting alumni relations
• Guide the development of strategic financial goals, objectives, business plans, and resource strategies that align with Alumni Association and University priorities
• Oversee financial planning related to budgets, treasury and investment activities, endowments, affinity and revenue-generating programs, and financial reporting
• Support compliance with applicable accounting, tax, corporate, legal, and regulatory requirements
• Provide financial analysis and advice to Alumni Association leadership, staff, governing bodies, committees, and other stakeholders
• Oversee and support the chief financial officer responsible for the Alumni Association’s financial operations

Financial Stewardship, Compliance, and Risk Management

• Promote sound financial practices, appropriate internal controls, and responsible use of university resources
• Interpret and communicate applicable University policies and procedures
• Support internal and external audits, annual reporting requirements, account and security reviews, and corrective action planning
• Advise units on financial risks and develop practical approaches to mitigate those risks

Change Leadership and Process Improvement

• Help senior leaders and finance teams navigate changes in financial systems, institutional initiatives, service delivery models, and business processes
• Identify opportunities to simplify, standardize, and improve financial planning and reporting practices
• Develop training, guidance, and communications that help unit employees understand financial processes and responsibilities
• Encourage the effective use of data, technology, and financial systems to improve decision-making and operational efficiency

Skills And Experience

The successful candidate will possess

• Demonstrated experience providing strategic financial advice and decision support to senior or executive leadership
• Strong knowledge of budgeting, forecasting, financial analysis, resource planning, accounting, internal controls, and financial reporting
• Experience leading finance professionals and developing effective, collaborative teams
• The ability to synthesize complex information, exercise sound judgment, and communicate clear recommendations
• Exceptional written, verbal, presentation, and interpersonal communication skills
• Demonstrated ability to build credibility and productive relationships across functions and levels of an organization
• Strong problem-solving, organizational, project management, and customer service skills
• Ability to handle sensitive and confidential matters with discretion, professionalism, and emotional intelligence
• Experience interpreting and applying organizational policies, accounting standards, tax requirements, or regulatory guidance
• A commitment to financial stewardship, continuous improvement, collaboration, and service

Preferred Qualifications

• Progressively responsible experience in strategic finance, budgeting, financial planning and analysis, accounting, or financial administration
• Experience supporting executive leadership or complex organizational portfolios
• Experience with nonprofit, foundation, advancement, alumni relations, or other affiliated organizational financial operations

Minimum Education, Work Experience & Required Certifications

Bachelor's Degree 10+ years of relevant experience, includes 3+ years of supervisory experience; or an equivalent combination of education and experience accepted.

Required Certifications: None.

Background Checks/Clearances

Employment with the University will require successful completion of background check(s) in accordance with University policies. Due to the financial and fiduciary responsibilities of this position, successful completion of a credit history check will be required in addition to standard background checks.

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 $102,936.00 - $154,452.00.

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.

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.

EEO IS THE LAW

Penn State is an equal opportunity employer and is committed to providing employment opportunities to all qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. If you are unable to use our online application process due to an impairment or disability, please contact 814-865-1473.

Penn State is committed to and accountable for advancing equity, respect, and belonging. We embrace individual uniqueness, as well as a culture of belonging that supports equity initiatives, leverages the educational and institutional benefits of inclusion in society, and provides opportunities for engagement intended to help all members of the community thrive. We value belonging as a core strength and an essential element of the university’s teaching, research, and service mission.