Professor Franzmann was Pro-Vice Chancellor Humanities at Curtin University from 2010–15, after previous positions as Associate Dean (Research) and Chair of Academic Board at the University of New England (2004–06), and Pro Vice-Chancellor Humanities and Professor of Religious Studies at the University of Otago (2008-early 2010).
She gained her PhD at the University of Queensland in 1990 and while a Doctoral student spent time at the University of Tübingen on a German Academic Exchange Service (DAAD) scholarship. After receiving her Doctorate she was the recipient of a Humboldt Fellowship at the same university from 1992–93, and renewed her Fellowship in 1995 and in 2007.
She has worked as a sole researcher or as a member of research teams on four Australian Research Council Discovery Grants (1996–98; 2000–02; 2002–04; 2005–09).
She has been a member of several academic assessment panels, including for the accreditation of Australian undergraduate and postgraduate courses in Theology (1993–2007), for the Australian Research Council (1998–2007), and for the Excellence in Research for Australia research assessment exercise (ERA; 2010 and 2012).
She has authored or co-authored eight books and monographs and published over 50 journal articles and book chapters.
Professor Franzmann was elected a Fellow of the Australian Academy of the Humanities in 2001. In 2003 she was awarded the Australian Centenary Medal for services to Australian society and the humanities in philosophy and religion. She served on the Council of the Australian Academy of the Humanities in 2007, and in 2010 was elected as Head of the Academy Section for Philosophy, Religion and the History of Ideas.
In 2013 Professor Franzmann was elected as a member of Council for a term of three years.