Penn State Job Catalog

The defined natural career progression within or between job profiles.

Budget Analysis

The Budget Analyst conducts budget and planning analysis and studies; works closely with programming staff to design and implement computer systems; assists in the preparation of financial materials, reports and summaries.

• Responsible as assigned for major components or nearly all facets of budget activities; participate in the conceptual development of the various budget processes and specifications for projects
• Participate in budget and resource data analysis; gather, compile and manipulate data; may determine analytical methods to be used; identify inconsistencies or significant findings
• Develop and analyze projections of the budget and resource implications of proposed programs
• Prepare budget scenarios used to build the University’s operating budget
• Explain procedures, forms and formats, definitions, and other requirements for the annual preparation and submission of budget documents
• Prepare detailed presentations of comprehensive materials
• Conduct assigned research for and assist in the preparation of data analysis and position papers
• Design, development, and assembly of analytical material; provide analyses of budgetary issues, proposals, and various ad hoc studies
• Prepare comparative and historical analysis of appropriate indicator data in support of the University’s annual budget review
• Analyze and/or develop projections of cost and other resource implications of proposed academic or support programs and changes in programs

Level:

– Senior Supervisor

Base Description:

– Supervises direct reports, but primarily completes activities, tasks, and/or projects of a functional nature.

Level Summary:

– Demonstrates comprehensive knowledge to perform own work; spends majority of time on tasks related to own job responsibilities. May demonstrate subject matter expertise. Demonstrates intermediate to advanced planning, organizing, directing, and facilitating skills. Demonstrates the ability to coach assigned employees. Assigns and reviews completed work to verify accuracy, quality, and adherence to professional standards. Trains, coaches, mentors, and motivates staff. Anticipates potential problems, issues, and opportunities; researches and recommends solutions within defined policies. May develop creative recommendations for solving problems.

Supervisory Responsibilities:

– Typically oversees at least 2 full–time direct reports or equivalent team of part–time and/or student workers (for Professional track, performs work at the Senior Professional level or higher)

Fiscal Responsibilities:

– May validate and pay invoices
– Monitors and tracks budgets for specific area and/or grant(s)
– May assist in planning and forecasting budgets

Problem Solving:

– Encounters moderately complex problems
– Applies general precedents and practices and specialized knowledge and skills to resolve problems
– Understands benefits, limitations and impact of potential solutions
– Anticipates potential problems and recommends possible solutions within general guidelines

Independence of Action:

– Works independently on moderately complex work assignments, reviews progress, and evaluates results
– Organizes work of direct reports and sets team priorities
– Reviews the work of others to verify accuracy, quality, and adherence to professional standards

Communication and Collaboration:

– Communicates internally within working unit and the University
– Communicates with external audiences for scheduling/coordination
– May communicate with external audiences for business purposes
– Collaborates closely with team members; may interact with other staff outside of area
– Utilizes a communication style that is appropriate for a given situation
– Interprets and communicates information, ideas and instructions clearly, accurately and persuasively both verbally and in written materials intended for distribution

• Comp Grade – 12
• Minimum – $76,700.00
• MidPoint – $95,900.00
• Maximum – $115,100.00