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:

– Senior Manager

Base Description:

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

Level Summary:

– Demonstrates advanced skills in critical functions related to unit's success. Demonstrates advanced knowledge of emerging technologies and processes. Monitors completed work of others to ensure effectiveness and adherence to requirements. Sets clear expectations and holds team accountable. Establishes a shared team/unit vision. Demonstrates ability to evaluate and enhance team/unit practices that promote a strong commitment to inclusionary practices. Coaches others using appropriate strategies. Demonstrates diplomacy. Demonstrates ability to serve as liaison between senior-level management and staff. Resolves complex, controversial, or unprecedented issues and problems.

Supervisory Responsibilities:

– Oversees large team or teams of individual contributors and/or supervisors/managers
– Leads a department or functional area

Fiscal Responsibilities:

– Monitors and tracks large budgets
– Plans, forecasts, and/or develops budgets
– May approve budgets for specific area
– Typically has final signature authority for specific area

Problem Solving:

– Encounters highly varied and complex problems that impacts the team and possibly the unit
– Develops creative and/or novel approaches to resolve problems that are difficult in nature
– Independently resolves complex and/or unprecedented issues and problems

Independence of Action:

– Work results are not clearly defined
– Generally sets own goals and determines how to accomplish results with few or no guidelines to follow
– Monitors completed work of others to ensure soundness of approach, effectiveness of meeting requirements, the feasibility of recommendations and adherences to requirements
– Delegates more 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
– Fosters collaboration between units and engages others' coordinated efforts to reach desired outcomes with broad scope

• Comp Grade – 14
• Minimum – $97,100.00
• MidPoint – $121,400.00
• Maximum – $145,700.00

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