Senior Financial Analyst - Residential Services - Hybrid Eligible

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Senior Financial Analyst - Residential Services - Hybrid Eligible

University Overview

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.

COVID-19 vaccination is a requirement for all positions at the University of Pennsylvania. New hires are expected to be fully vaccinated before beginning work at the University. For more information about Penn's vaccine requirements and the use of Penn Open Pass, visit the Penn COVID-19 Response website for the latest information.

Posted Job Title
Senior Financial Analyst - Residential Services - Hybrid Eligible

Job Profile Title
Accountant/Financial Analyst Senior

Job Description Summary
Residential & Hospitality Services is one of 18 departments reporting to the Division of Business Services. Consistent with the Business Services mission, our underlying philosophy is to provide our clients with high quality services in a fiscally responsible manner. Residential & Hospitality Services is a group of dedicated, innovative, and student-centered staff that oversee the on-campus living and dining, as well as conferences, programs and events hosted at Penn. The team works closely with other partners to provide students and guests with services that support living and learning at the University of Pennsylvania.

Job Description

The Senior Financial Analyst (SFA) is an integral member of the Residential and Hospitality Services (RHS) Finance teams and reports to the Director of Fiscal Operations. This position interacts with a variety of finance and operational business partners and, as a result, requires a strong client orientation and an ability to communicate complex financial information clearly. This role is the primary finance business partner for Penn's Residential Services operational leadership and their areas of oversight. This $86M budget includes operations such as student housing assignments, building operations for Penn's College Houses, and maintenance and capital investment planning for the Residential portfolio (14 buildings, 6,100 students, $78M budget) along with $8M in RHS administrative overhead expenses. In this capacity, the SFA monitors operational performance for these areas, reviews financial reporting with operational leaders, leads the budget and forecasting process, and develops models for decision support.

Additionally, the SFA is responsible for consolidating and reporting financial and operational information for the Residential and Hospitality Services Center. These duties are necessary to complete informal (ad hoc) requests and deliver on formal reporting deadlines, including budgets and forecasts, monthly and quarterly reports to the Business Services (BSD) and Executive Vice President (EVP) Divisions, Capital Plan, and fiscal year-end. For example, a key responsibility is ownership, reporting, and framing the RHS long-term strategic model and capital plan. In this capacity, the SFA will lead reviews internal to RHS, partner directly with the Business Services Financial Planning and Analysis team, and prepare analysis and framing for Divisional leadership.

This position supervises one Business Administrator who conducts day-to-day fiscal operations activities for Residential Services operations to ensure a strong controls environment. These duties include transactions for and reconciliations of: payroll, procurement, accounts payable, balance sheet and general ledger accounts, and conducting fiscal close processes in compliance with BSD and University policies. As such, the SFA is responsible for following established policies and procedures and is expected to recommend improvements to them where applicable.

Job Duties:
  • Supports operational leaders and provides financial leadership through financial planning, budgeting, capital planning, and other tasks as necessary.
  • Manages the RS business administrator to ensure all transactions support a strong controls environment through the execution of financial transitions ensuring the proper checks and balances.
  • Responsible for consolidating and reporting financial and operational information for the Residential and Hospitality Services Center. Deliver on formal reporting deadlines, including budgets and forecasts, monthly and quarterly reports to the Business Services (BSD) and Executive Vice President (EVP) Divisions, Capital Plan, and fiscal year-end.
  • Maintains the FIRM and Housing Endowment budget for funding internal projects in Residential Services Provides the funding allocations to FRES for project work, coordinates with operational directors to revise their planning for each forecast cycle. Maintains the RHS overhead budget which includes IT, Marketing, Finance, and Communication.
  • Deliver financial & strategic analysis to drive decisions across Residential; Services that consider both return on investment and maximizing student satisfaction.
  • Develops and maintains the budget for RHS Overhead. This includes RHS central services finance, IT, communications, marketing, and professional development.


A Bachelor's Degree is required and 3 years to 5 years of related experience or an equivalent combination of education and experience. Higher degree desirable. Experience within a University setting and/or within housing or hospitality industry preferred. Superior financial and accounting skills required. Excellent skills in oral, written, interpersonal communications and fiscal management decision making. Demonstrated ability to manage projects simultaneously and work independently. Able to work collaboratively with university partners, administration, business and community leaders. Demonstrated supervisory experience. The successful individual is expected to support the department's efforts to foster a living environment that is supportive and productive to all groups and individuals at the University of Pennsylvania, regardless of their race, sex, nationality, religion, sexual orientation or disability.

Targeted Pay Range: $61,046.00 - $90,000.00

Job Location - City, State
Philadelphia, Pennsylvania
Hybrid Eligible - This position is eligible for a hybrid work schedule with a work week divided between working onsite and working remotely.

Department / School
Residential and Hospitality Services

Pay Range
$61,046.00 - $95,972.00

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.

Special Requirements
Background check required after a conditional job offer is made. Consideration of the background check will be tailored to the requirements of the job.

University Benefits
  • 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.

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