Senior Accountant

Position Summary:

Rutgers, The State University of New Jersey, is seeking a Senior Accountant for the University Controller's Office. Reporting to the Accounting Manager II, this position analyzes and reviews financial data and prepares financial statements and reports for both internal and external purposes. Additionally, this position provides accounting and reporting for student aid and loan programs, the Senior Accountant position requires a comprehensive understanding of accounting in accordance with Generally Accepted Accounting Principles (GAAP), within university and governmental policies and procedures in analyzing the financial operations.

• Performs monthly, quarterly, and year-end closing tasks for assigned areas.
• Performs work that applies knowledge in higher education accounting/finance, including the application of relevant concepts, theories, principles, practices, regulations, and terminology.
• Coordinates the timely and accurate processing, submission, and reconciliation of federal and state student aid programs. Monitors cash activity for federal and state student aid, and drawdowns for federal student aid.
• Handles monthly balance sheet account reconciliations related to student aid and loan programs, and others as assigned.
• Prepares and analytically reviews financial statement data for the overall University, as well as the designated accounts, to ensure accuracy and propriety of financial data.
• Applies GAAP, University policies, and professional judgment when reviewing accounting transactions and ensures that all account balances are appropriate and explained.
• Maintains accountability over assigned general ledger accounts, ensuring university reporting policies and procedures are appropriately applied in accordance with GAAP.
• Ensures on a monthly basis that the general ledger and project subledger are in sync for state and federal student aid.
• Works with auditors as well as university accounting personnel directly in responding to their inquiries during the audit of the financial statements and single audit reports.
• Works with Financial Aid Office and Educational Opportunity Fund (EOF) personnel to ensure proper recording and reporting of student aid activity.
• Works with Financial Aid Office and Student Accounting to ensure proper recording and reporting of student loan activity.
• Assists with analyses and the preparation of the financial statements, and is responsible for preparation of the Fiscal Operations Report and Application to Participate (FISAP).

• Bachelor's degree in accounting, finance, business administration, or related field; or the equivalent combination of education and/or experience that demonstrates comprehensive knowledge and understanding of generally accepted accounting principles (GAAP) and practices.
• Five (5) years of related professional experience, preferably in higher education or student financial services.

• Use of Microsoft Excel, Word, and Oracle Cloud General Ledger to prepare and submit journal entries and financial reports.
• Use of Oracle Fusion Cloud ERP applications, and modules within Oracle Cloud EPM suite as well as Rutgers reporting tools (Smart View and Tableau) for data analysis and reporting from the financial data warehouse to be used in preparation of financial analysis, reports, and disclosures.
• Analysis of information and processing of correcting journal entries using Excel Templates and the Oracle Base Application.
• Ability to review and analyze the allowability of transactions using Oracle Fusion Cloud ERP and EPM and the financial data warehouse.

Piscataway, NJ