- University of Pennsylvania
The University of Pennsylvania, the largest private employer in Philadelphia, is a world-renowned leader in education, research, and innovation. This historic, Ivy League school consistently ranks among the top 10 universities in the annual U.S. News & World Report survey. Penn has 12 highly-regarded schools that provide opportunities for undergraduate, graduate and continuing education, all influenced by Penn's distinctive interdisciplinary approach to scholarship and learning. As an employer Penn has been ranked nationally on many occasions with the most recent award from Forbes who named Penn one of America's Best Employers By State in 2021.
Penn offers a unique working environment within the city of Philadelphia. The University is situated on a beautiful urban campus, with easy access to a range of educational, cultural, and recreational activities. With its historical significance and landmarks, lively cultural offerings, and wide variety of atmospheres, Philadelphia is the perfect place to call home for work and play.
The University offers a competitive benefits package that includes excellent healthcare and tuition benefits for employees and their families, generous retirement benefits, a wide variety of professional development opportunities, supportive work and family benefits, a wealth of health and wellness programs and resources, and much more.
Posted Job Title
Financial Analyst, Penn Arts and Sciences
Job Profile Title
Job Description Summary
The Financial Analyst position works with the FMPA team to develop budgets and forecasts, serves as a liaison to assigned budget units, and provides analytical support across a variety of areas.
The Office of Financial Management Planning and Analysis provides leadership in the School of Arts & Sciences in the areas of financial planning, analysis and controllership; additionally, FMPA provides financial operations support to the Dean's Office. Responsibilities include budgeting, forecasting, multi-year and strategic planning, financial modeling, variance analysis, and reporting.
Reporting to the Director, the Financial Analyst's primary responsibilities are to: (1) Execute the original budget and fall forecast processes, which includes preparing templates, instructions, meeting materials, data entry, reconciling, documenting the approval of budget requests, etc, for assigned RBO's and adhering to set deadlines; (2) Serve as a liaison to the Regional Business Offices; (3) Ongoing variance analysis and tracking; (4) Provide support to the Assistant Director with business operations functions; (5) Participate in quarterly forecasts, the 5-year budget, year-end close, and other ad-hoc and strategic planning analyses as instructed by the Director. The ideal candidate has the ability to use discretion in working with highly sensitive data, to produce under pressure in a deadline-driven environment, thrives in a team setting, and can demonstrate flexibility as demands/assignments can change rapidly. Sense of humor preferred!
A Bachelor's degree is required (concentration in Liberal Arts preferred). An advanced degree in finance, public policy/administration or management is preferred. A passion to learn about and be involved in higher education is a must! The ideal candidate will have a minimum of three years of financial analysis experience or training (or an equivalent of education and experience), and will have excellent critical thinking, be highly analytical and detail-oriented, demonstrate strong verbal and written communication skills, and should enjoy working both independently and as part of a team.
The person must be comfortable with spreadsheet and database applications; experience with BEN Financials, Business Objects, SRS, Pennant, Workday, and Hyperion Planning at the University of Pennsylvania is helpful, but not required.
Job Location - City, State
Department / School
School of Arts and Sciences
$50,684.00 - $91,232.00
Affirmative Action Statement
Penn adheres to a policy that prohibits discrimination on the basis of race, color, sex, sexual orientation, gender identity, religion, creed, national or ethnic origin, citizenship status, age, disability, veteran status, or any other legally protected class.
Background check required after a conditional job offer is made. Consideration of the background check will be tailored to the requirements of the job.
- Health, Life, and Flexible Spending Accounts: Penn offers comprehensive medical, prescription, behavioral health, dental, vision, and life insurance benefits to protect you and your family's health and welfare. You can also use flexible spending accounts to pay for eligible health care and dependent care expenses with pre-tax dollars.
- Tuition: Take advantage of Penn's exceptional tuition benefits. You, your spouse, and your dependent children can get tuition assistance here at Penn. Your dependent children are also eligible for tuition assistance at other institutions.
- Retirement: Penn offers generous retirement plans to help you save for your future. Penn's Basic, Matching, and Supplemental retirement plans allow you to save for retirement on a pre-tax or Roth basis. Choose from a wide variety of investment options through TIAA and Vanguard.
- Time Away from Work: Penn provides you with a substantial amount of time away from work during the course of the year. This allows you to relax, take vacations, attend to personal affairs, recover from illness or injury, spend time with family—whatever your personal needs may be.
- Long-Term Care Insurance: In partnership with Genworth Financial, Penn offers faculty and staff (and your eligible family members) long-term care insurance to help you cover some of the costs of long-term care services received at home, in the community or in a nursing facility. If you apply when you're newly hired, you won't have to provide proof of good health or be subject to underwriting requirements. Eligible family members must always provide proof of good health and are subject to underwriting.
- Wellness and Work-life Resources: Penn is committed to supporting our faculty and staff as they balance the competing demands of work and personal life. That's why we offer a wide variety of programs and resources to help you care for your health, your family, and your work-life balance.
- Professional and Personal Development: Penn provides an array of resources to help you advance yourself personally and professionally.
- University Resources: As a member of the Penn community, you have access to a wide range of University resources as well as cultural and recreational activities. Take advantage of the University's libraries and athletic facilities, or visit our arboretum and art galleries. There's always something going on at Penn, whether it's a new exhibit at the Penn Museum, the latest music or theater presentation at the Annenberg Center, or the Penn Relays at Franklin Field to name just a few examples. As a member of the Penn community, you're right in the middle of the excitement—and you and your family can enjoy many of these activities for free.
- Discounts and Special Services: From arts and entertainment to transportation and mortgages, you'll find great deals for University faculty and staff. Not only do Penn arts and cultural centers and museums offer free and discounted admission and memberships to faculty and staff. You can also enjoy substantial savings on other goods and services such as new cars from Ford and General Motors, cellular phone service plans, movie tickets, and admission to theme parks.
- Flexible Work Hours: Flexible work options offer creative approaches for completing work while promoting balance between work and personal commitments. These approaches involve use of non-traditional work hours, locations, and/or job structures.
- Penn Home Ownership Services: Penn offers a forgivable loan for eligible employees interested in buying a home or currently residing in West Philadelphia, which can be used for closing costs or home improvements.
- Adoption Assistance: Penn will reimburse eligible employees on qualified expenses in connection with the legal adoption of an eligible child, such as travel or court fees, for up to two adoptions in your household.
To learn more, please visit: https://www.hr.upenn.edu/PennHR/benefits-pay
To apply, visit https://wd1.myworkdaysite.com/en-US/recruiting/upenn/careers-at-penn/job/3600-Market-Street/Financial-Analyst--Penn-Arts-and-Sciences_JR00041318
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