Financial Planning Analyst
Penn State UniversityAbout the role
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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 supervis
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