Pennsylvania State University
Financial Planning Analyst
🇺🇸 Hybrid - University Park, PA
🕑 Full-Time
💰 $46K - $67K
💻 Finance
🗓️ November 13th, 2025
Edtech.com's Summary
The Pennsylvania State University is hiring a Financial Planning Analyst to support financial operations of the Eberly College of Science. The role involves advising departments on budget management, financial controls, and policies, preparing multi-year budgets, monitoring financial performance, processing allocations, auditing accounts, and supporting year-end financial closeout. The analyst collaborates with finance partners and stakeholders to ensure compliance and consistent financial practices.
Highlights
- Assist Strategic Partner and budget administrators with multi-year budgets and financial plans.
- Monitor financial performance against budgets and forecasts to identify concerns or opportunities.
- Maintain detailed records supporting financial forecasts and rate calculations.
- Process allocations including carryforward balances and annual commitments to departments and units.
- Review and audit accounts for compliance with funding source requirements and university guidelines.
- Support year-end financial closeout ensuring accuracy and compliance with timelines.
- Liaise with financial hubs, research offices, and internal stakeholders to resolve issues and ensure consistent financial practices.
- Analyze financial reports, explain budget variances, and evaluate revenue, expenditure, enrollment, and funding trends.
- May manage workforce planning and labor distribution processes for assigned areas as applicable.
- Support compliance with university policies, external regulations, and audit requirements; coordinate audit activities as needed.
- Requires a Bachelor's Degree; no prior work experience required.
- Completion of background and credit history checks required due to financial responsibilities.
- Salary range: $46,400 - $67,300 with a comprehensive benefits package including medical, dental, vision, retirement plans, paid time off, and a 75% tuition discount for employees and eligible family members.
- Position offers a hybrid work arrangement combining remote and on-campus work.
Financial Planning Analyst Full Description
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 Pennsylvania State University Office of Budget and Finance invites applications for the position of Financial Planning Analyst to support financial operations of Eberly College of Science.
The Financial Planning Analyst supports the unit and Strategic Finance Partner in providing oversight of budget and fiscal matters. Responsibilities include advising department(s)/unit(s) on budget management, financial controls, and policy and procedure; providing and/or coordinating training for employees working with unit budgets; establishing, documenting, and implementing processes, procedures, systems, and standards for the efficient operation of the office and across the business areas.
The successful candidate will:
- Assist the Strategic Partner and budget administrators in preparing multi-year budgets and financial plans.
- Monitor financial performance against budgets and forecasts, identifying areas of concern or opportunity.
- Maintain detailed and documented records supporting financial forecasts and rate calculations.
- Process allocations to departments and administrative units, including carryforward balances and other annual commitments.
- Review and audit accounts to ensure expenditures align with funding source requirements and University guidelines.
- Assist with the year-end financial closeout process, ensuring accuracy, completeness, and compliance with University timelines and requirements.
- Liaise with financial hubs, research offices, and other stakeholders within the unit to provide guidance, resolve issues, and ensure consistent financial practices.
- Respond to inquiries from budget assistants and administrators regarding budget status, spending, and account structure.
- Analyze and interpret financial reports to explain variances between budget and actual results; evaluate trends in revenues, expenditures, enrollments, and funding sources; ensure appropriate spending and billing practices.
- May manage workforce planning and labor distribution processes for assigned business areas, as applicable.
- Support compliance with University policies, external regulations, and audit requirements; coordinate audit activities as needed.
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.
The successful candidate will demonstrate strong analytical, organizational, and communication skills, and the ability to work effectively in a collaborative, deadline-driven environment.
MINIMUM EDUCATION, WORK EXPERIENCE & REQUIRED CERTIFICATIONS
Bachelor's DegreeNo prior relevant work experience required; or an equivalent combination of education and experience
Bachelor's DegreeNo prior relevant work experience required; 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. 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.
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 & BENEFITSThe salary range for this position, including all possible grades, is $46,400.00 - $67,300.00.
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.
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.The Pennsylvania State University 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.
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