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Indirect Cost Analyst (Accountant 5)
Indirect Cost Analyst (Accountant 5)-March 2024
University Park
Mar 29, 2026
About Indirect Cost Analyst (Accountant 5)

  APPLICATION INSTRUCTIONS:

  CURRENT PENN STATE EMPLOYEE (faculty, staff, technical service, or student), please login to Workday to complete the internal application process (https://pennstateoffice365.sharepoint.com/:b:/s/KnowledgeBaseArticlesSharing/EfiwgKReZ4VAjprFZPKWUm0Bq_sU3KzTmERfpryq0esPKQ) . Please do not apply here, apply internally through Workday.

  CURRENT PENN STATE STUDENT (not employed previously at the university) and seeking employment with Penn State, please login to Workday to complete the student application process. (https://pennstateoffice365.sharepoint.com/:b:/s/KnowledgeBaseArticlesSharing/Eeys15Xva4hFokHVtbP1eGIB5i1WFLc-J3k9KHgrFYZ7mg) Please do not apply here, apply internally through Workday.

  If you are NOT a current employee or student, please click “Apply” and complete the application process for external applicants (https://hr.psu.edu/sites/hr/files/Application_Process_for_External_Applications_Non-Penn_State_Employees_.pdf) .

  JOB DESCRIPTION AND POSITION REQUIREMENTS:

  The Office of Budget and Finance is seeking an Indirect Cost Analyst (Accountant 5) within the Cost Analysis team. The person in this position reviews, analyzes and recommends approval for all charge-out rate submissions and performs financial analyses to optimize the University’s cost recovery. This position will report to the Cost Analysis Manager.

  Duties may include, but are not limited to, the following:

  Review and perform cost analysis on charge-out rate submissions, including specialized service facilities.

  Work with Financial Officers and departmental personnel to ensure proposals meet University and Federal costing guidelines and optimizes the University’s cost recovery.

  Maintain up to date record of approved charge-out rates and dates.

  Act as liaison between University and Federal/State agencies for audits, reviews and other matters. Coordinate support services such as data gathering and compilation.

  Assist in calculating aspects of the Facilities & Administrative (F&A) rate proposal.

  Typically requires a Bachelor's degree or higher plus eight years of related experience or an equivalent combination of education and experience.

  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.

  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.

  Finance and Business is a values driven organization that supports thousands of university faculty, staff, and students, while also providing services to the broader community and society. The Office of Budget and Finance is part of the Finance and Business team and has a vision (https://budgetandfinance.psu.edu/about) to recruit, develop and retain outstanding people who efficiently provide exceptional service in support of Penn State’s teaching, research and public service missions. Our values model those of Penn State's (https://www.psu.edu/this-is-penn-state/mission-and-values/) and we firmly believe in the value of Respect, which encourages us to "respect and honor the dignity of each person, embrace civil discourse, and foster a diverse and inclusive community." As an incoming team member in the Office of Budget and Finance, it will be expected that all employees embody and model Penn State's (http://www.psu.edu/this-is-penn-state/belonging/) and Finance and Business's (https://fandb.psu.edu/finance-and-business-diversity-statement) commitment to diversity, equity, and inclusion.

  The Pennsylvania State University is committed to and accountable for advancing diversity, equity, inclusion, and sustainability in all of its forms. We embrace individual uniqueness, foster a culture of inclusion that supports both broad and specific diversity initiatives, leverage the educational and institutional benefits of diversity in society and nature, and engage all individuals to help them thrive. We value inclusion as a core strength and an essential element of our public service mission.

  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 (https://police.psu.edu/annual-security-reports) .

  Employment with the University will require successful completion of background check(s) in accordance with University policies.

  EEO IS THE LAW

  Penn State is an equal opportunity, affirmative action 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. If you are unable to use our online application process due to an impairment or disability, please contact 814-865-1473.

  Federal Contractors Labor Law Poster (https://affirmativeaction.psu.edu/files/2022/01/Federal-Contractors-Labor-Law-Poster.pdf)

  PA State Labor Law Poster

  Affirmative Action (https://policy.psu.edu/policies/hr11)

  Penn State Policies

  Copyright Information (https://www.psu.edu/copyright-information)

  Hotlines

  University Park, PA

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