Position Summary:
Rutgers, The State University of New Jersey is seeking a Financial Analyst within the Rutgers Cancer Institute of New Jersey.
The Financial Analyst supports day-to-day operations of the organization through transaction processing, budget monitoring, and financial planning. General responsibilities include expenditure review and approvals, revenue processing and other accounting functions, preparation of routine and ad hoc reports and analysis, budget development and monitoring, and the enforcement of financial rules, regulations and policies. The position assists stakeholders inside and outside of the department of finance with numerous financial matters, and ensures the efficient use of resources to advance the mission of the Rutgers Cancer Institute.
Among the key duties for this position are the following:
- Responsible for research, analysis and organization of budgets and expenditures for assigned operational areas with the Rutgers Cancer Institute.
- Ensures funding information for all personnel is accurate by monitoring reports and budgets, and processing funding changes in Rutgers systems as needed.
- Prepares P&L statements, productivity and budget status reports for Rutgers Cancer Institute units (e.g. clinical divisions, service departments, faculty level, etc.).
- Contributes to the creation of the annual budget and quarterly financial forecasts, including data entry and updates into the EPBCS system.
- Collaborates with internal teams to collect necessary data for the state appropriation budget application and quarterly submissions. Conduct thorough reviews and analyses of all information and documents to ensure compliance and accuracy for state reporting. Upload and submit all relevant materials via the NJ SAGE state portal.
- Prepares and submit journal entries within the Oracle system, ensuring the accurate update of revenue and expense schedules.
- Compiles and maintains A/R and A/P reconciliation schedules, ensuring the completeness of reconciliations for submission to Rutgers Central. Prepare monthly and quarterly AR invoices and follow up on outstanding payments.
- Monitors daily ACH communications from Rutgers Central. Prepare and submit check deposits, handle drop-offs at bank locations, and ensure the timely and accurate clearing of cash entries.
Minimum Education and Experience:
- Bachelor's Degree in Finance, Accounting, or a related field, plus three (3) years of related experience in related fiscal activities.
- Equivalent experience, education and/or training may be substituted for the degree requirements.
City: New Brunswick
State: NJ
Physical Demands and Work Environment:
- PHYSICAL DEMANDS: Standing, sitting, walking, talking and hearing. No special vision requirements. Lifting up to 25 lbs.
- WORK ENVIRONMENT: Office environment. Moderate noise.
Posting Number: 24ST2265
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