Penn State is looking for a Financial Specialist – Senior Professional to join the College of Medicine (COM) Controller’s Office. In this role, you will provide essential oversight of grant, budget, and fiscal matters for assigned departments, managing the full financial portfolio to ensure efficient operation and allocability of resources.

What You'll Do

Serve as the knowledge expert to departments on budget management, grant management, financial control, and policy/procedures.
Manage LD plans for accurate allocation of funded efforts; prepare and submit salary distributions, redistributions, and wage transfers.
Field and answer questions related to the reconciliation and management of grant, internal, and clearing accounts; make adjustments and resolve problems.
Compile data for analysis and forecasting; run reports as needed for the administrative area.
Review and approve financial documents, transactions, purchase orders, and change orders.
Perform assigned fund and grant management; assist with annual budget processes, including operating budget preparation.
Understand award guidelines, regulations, and policies to effectively manage grants, serving as an expert on Uniform Guidance and Penn State grant policies.
Utilize best management practices for awards, tracking post-award documentation due dates to ensure compliance with terms and conditions.
Maintain controls for the administrative area; manage budget and grant authorizations; approve routine journal vouchers and prepare complex correcting entries.
Assign budget sources for expenditures to ensure visibility of spend on internal and external budgets.
Analyze and verify funding sources to ensure appropriate spending.
Prepare financial summaries and specialized reports for presentation.
Ensure grants are set up in SIMBA, prepare budget revisions, process no-cost extension requests and other special approvals, and close accounts.
Prepare monthly, quarterly, and annual reports for sponsor, development, and corporate foundations review and approval.
Maintain knowledge of funding policies, regulations, and procedures to assist with award administration and determine the allocability, allowability, reasonableness, and consistency of costs.

What We're Looking For

A Bachelor's Degree
6+ years of relevant experience; or an equivalent combination of education and experience

Technical Stack

SIMBA (internal accounting system)

Team & Environment

Supports the department chair under the COM controller’s office.

Benefits & Compensation

Salary range: $68,200.00 - $102,300.00
Comprehensive medical, dental, and vision coverage
Robust retirement plans
Substantial paid time off including holidays, vacation and sick time
Generous 75% tuition discount for employees and eligible spouses and children

Work Mode

This is an onsite position located in Hershey, PA.

Penn State is an equal opportunity employer and is committed to providing employment opportunities to all qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status. The Pennsylvania State University is committed to and accountable for advancing equity, respect, and belonging.