Financial Specialist - Dept of the Controller

Penn State University • Tallahassee, FL

1d

About The Position

The Financial Specialist is responsible for overseeing financial data, conducting financial analyses, and preparing reports; supports financial planning, budgeting, grant management, and regulatory compliance; plays a key part in ensuring the financial health for the organization in support of the University’s mission. Positions in this job profile require a strong understanding of accounting principles, financial modeling, and business operations.

Requirements

• Bachelor's Degree
• 3+ years of relevant experience; or an equivalent combination of education and experience accepted
• Required Certifications: None
• Employment with the University will require successful completion of background check(s) in accordance with University policies
• Applicants must be authorized to work in the U.S.

Responsibilities

• Prepare and manage organizational budgets, including project and grant-specific budgets
• Prepare and review financial reports and forecasts
• Analyze financial data and develop financial models to support decision-making
• Verify funding sources to ensure appropriate spending and billing practices
• Analyze and monitor spending against restricted and unrestricted funds to ensure compliance with requirements
• Track and report on grants, contracts, and program expenditures
• Prepare monthly financial statements, budget vs. actual reports, and cash flow forecasts
• Provide project funding and cost analysis along with guidance to stakeholders as requested
• Identify areas for cost savings and process improvements
• Maintain accurate records of financial transactions and ensure proper documentation for audits
• Advise on budget management, financial controls, policy/procedure
• Coordinate and deliver training to administrative staff
• Collaborate with various departments to gather financial data and provide insights
• Ensure timely and accurate submission of regulatory documents
• Support the annual audit process and liaise with external auditors
• Ensure compliance with university policies, procedures, and financial regulations
• Recommend and implement improvements to financial policies and procedures
• May supervise staff members, including hiring, development, and performance management

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