Financial Planning Analyst - University Press

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• Current Penn State students (not previously employed by the university) seeking employment must log in to Workday to complete the student application process.
• External applicants should click “Apply” and complete the application process.
• 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 Pennsylvania State University Office of Budget and Finance invites applications for the position of a Financial Planning Analyst to support the financial operations of the University. This position will support the Penn State University Press (PSUP), a scholarly publishing division of the University Libraries. This position is based in University Park, Pennsylvania.

The Financial Planning Analyst will report to the Strategic Finance Partner (SFP) as a member of the Financial Planning, Analysis, and Coordination (FPAC) team. This position will support the University Libraries, with a primary focus on the Penn State University Press (PSUP). The analyst supports the unit and the SFP by providing oversight of budget and fiscal matters, and works closely with the Press’ Executive Director, Press Managers and Supervisors, and other members of the FPAC team.

and Areas of Oversight

• Oversee the Press Accounts Payable processing, including answering questions related to purchase orders, invoices, P-Card purchases, and travel expenditures.
• Serve as a resource and liaison between the unit and Financial Shared Services Hubs.
• Review business transactions for proper accounting treatment and ensure compliance with PSU policies.
• Oversee the processing and payment of royalties to authors, editors, and rightsholders on behalf of the Press.
• Enter author contracts in InOrder and perform contract audits for compliance with royalty calculations.
• Prepare monthly financial summary reports and other reports as needed.
• Reconciliation and management of operating budget; make adjustments as needed and resolve problems.
• Compile and maintain data for analysis and forecasting purposes; run reports as needed.
• Prepare routine journal entries as well as complex correcting entries when needed.
• Assist with annual processes, including inventory valuation, accounts receivable analysis, and operating budget preparation.
• Support of PSUP includes interfacing with the Press Managers and Supervisors on budgetary issues related to their areas.
• Entering of author contracts into a royalties system.
• Receiving, analyzing, and processing sales reports from vendors.
• Preparing royalty payment calculations.
• Advising the Press Director on publishing industry-specific business arrangements and contracts.
• This position will be the first point of contact to assist in the research and resolution related to complex financial/process questions.

• Bachelor's Degree
• 6+ years of relevant experience
• Previous work in publishing finances is preferred but not mandatory.
• Strong written and verbal communication skills are required.
• Proficiency working inside of the Microsoft Office suite, particularly Microsoft Excel.
• Required Certifications: None

Additional Details

This position offers a flexible work arrangement that combines remote and on-campus work. Questions related to flexible work should be directed to the hiring manager during the interview process.

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Penn State University Press

PSU Press is renowned for publishing groundbreaking scholarly books across its three imprints:

• Penn State University Press: Scholarship in the arts and humanities and regional trade titles.
• Eisenbrauns: Specialist publications in biblical studies, ancient Near Eastern studies, archaeology, ancient languages, and Islamic studies.
• Graphic Mundi: Trade graphic novels for general readers on important topics.

Additionally, PSU Press is home to a robust journals publishing program comprised of more than 80 titles and more than 175 issues annually.

Background Checks/Clearances

Employment with the University will require successful completion of background check(s) in accordance with University policies. Due to the financial and fiduciary responsibilities of this position, successful completion of a credit history check will be required in addition to standard background checks. Penn State does not sponsor or take over sponsorship of a staff employment Visa. Applicants must be authorized to work in the U.S.

• Salary Range: $72,300.00 - $108,444.00
• Salary Structure - Information on Penn State's salary structure.
• Penn State provides a competitive benefits package for full-time employees designed to support both personal and professional well-being.
• Benefits include comprehensive medical, dental, and vision coverage, robust retirement plans, and substantial paid time off (holidays, vacation, and sick time).
• A generous 75% tuition discount is available to employees as well as eligible spouses and children.
• For more detailed information, please visit our Benefits Page.

Campus Security Crime Statistics

Pursuant to the Jeanne Clery Disclosure of Campus Security Policy and Campus Crime Statistics Act and the Pennsylvania Act of 1988, Penn State publishes a combined Annual Security and Annual Fire Safety Report (ASR). The ASR includes crime statistics and institutional policies concerning campus security, such as those concerning alcohol and drug use, crime prevention, the reporting of crimes, sexual assault, and other matters. The ASR is available for review here.

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