Financial Specialist - Department of the Controller

Penn State University • New York, NY

2d • $51,000 - $74,000

About The Position

The Penn State College of Medicine, Dept of the Controller, in Hershey, PA, is seeking an Intermediate Financial Specialist in Research Accounting, who supports various units and the Post Award Director and Supervisor in providing oversight of budget and fiscal matters. Specialist 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.

Requirements

• Bachelor's Degree
• 1+ years of relevant experience; or an equivalent combination of education and experience accepted

Responsibilities

• Responsible for reconciliation and management of ledger and clearing accounts for administrative area; make adjustments as needed and resolve problems
• Compile data for analysis and forecasting purposes; run reports as needed for administrative area
• Provide both formal and informal training across administrative area
• 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.
• 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 financial summaries and any other specialized reports for presentation
• Review and approve PSUBuy purchases
• Review and update Other Support documents, prepare RPPRs, and calculate unobligated/unliquidated balances
• Assist departments as needed
• Other duties as assigned

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees