Penn State Job Catalog

Additional levels that exist for this job profile can be seen below.

The defined natural career progression within or between job profiles.

Finance

The Financial Manager oversees financial operations for assigned area; is responsible for financial planning, analysis, budgeting, reporting, and ensuring sound financial controls; guides the finance team; provides leadership with data-driven insights; develops and analyzes financial reports; prepares/forecasts and budget plans; serves as a key adviser on budget, financial, and risk matters; performs audits; manages research administration as required.

• Lead the preparation of annual budgets (general and restricted), forecasts, and long-term financial plans in alignment with university objectives
• Oversee daily financial operations; approve financial documents and transactions; review for compliance with policy and procedure as well as specific regulations and/or guidelines
• Develop, implement, and maintain financial policies, procedures, and internal controls to safeguard assets
• Manage financial reporting, ensuring accuracy, compliance, and timely delivery of monthly, quarterly, and annual reports
• Analyze financial data to identify trends, risks, and opportunities; provide actionable recommendations to leadership
• Coordinate and support internal and external audits and ensure compliance with regulatory requirements
• Collaborate with management to monitor budget adherence and cost control measures
• Lead, mentor, and develop the finance team to enhance performance and professional growth
• Collaborate with strategic planning related to financial issues; serve on committees as assigned

Level:

– Manager

Base Description:

– Manages direct reports where primary duty is the management of a working unit.

Level Summary:

– Demonstrates proficient ability in work design, project management, financial planning and development of goals for accomplishing unit assignments. Reviews and guides work to ensure conformity to policy and effective approaches. Evaluates employee performance and recommend development opportunities. Demonstrates ability to coach employees. Presents and communicates key university indicatives and connects it to unit contributions. Provides broad guidelines. Develops, evaluates, enhances, and/or implements quality improvement practices. Recommends innovative solutions.

Supervisory Responsibilities:

– Oversees a team (typically 4 or more; no fewer than 2) full
– time direct reports of individual contributors and/or first level supervisors.

Fiscal Responsibilities:

– Monitors and tracks department/area budget
– May plan, forecast, and/or assist in developing budgets
– May have final signature authority for specific area

Problem Solving:

– Encounters varied and complex problems
– Helps to develop creative and/or novel approaches to resolve problems that are difficult in nature but within limited scope
– Modifies, adapts, or refines guidelines if necessary to resolve issues or problems

Independence of Action:

– Works independently on complex or strategic assignments
– Uses existing practices and advanced working knowledge to determine appropriate work methods for the team
– Reviews completed work of others for conformity to policy, and effectiveness of approach
– Delegates advanced tasks to others

Communication and Collaboration:

– Communicates with both internal and external audiences
– Collaborates closely with team members and various areas across the University
– Prepares written and/or verbal presentations or proposals on complex issues and delivers to a broad variety of audiences
– Communicates key university initiatives and how unit’s work contributes to their achievement
– Presents ideas, concepts and instructions in a clear manner, and uses persuasion and negotiation to build consensus and cooperation
– Establishes and maintains networks to facilitate successful communication among units

• Comp Grade – 13
• Minimum – $86,300.00
• MidPoint – $107,900.00
• Maximum – $129,500.00

• Accounting information systems
• Attention To Detail
• Conflict Resolution
• Consulting
• Data Analysis
• Forecasting
• Policy analysis
• Process management
• Resource management
• Risk Management
• Stakeholder management
• Strategic thinking