Senior Accountant

Position Details

Position Information

Recruitment/Posting Title Senior Accountant Job Category URA-AFT Administrative Department UCO University Accounting Overview

Rutgers, The State University of New Jersey, is a leading national research university and the State of New Jersey's preeminent, comprehensive public institution of higher education. As one of the largest employers in the State of New Jersey, Rutgers University is committed not only to the students and the State that we serve, but also to the faculty and staff who work on our campuses.

For two consecutive years, Rutgers is ranked on Forbes' list of America's Best Large Employers. Rutgers holds #64 of 500 employers and is the #1 New Jersey employer on the publication's 2023 list. Rutgers' commitment to its employees includes maintaining and fostering a safe, diverse, and respectful workplace environment, creating employment opportunities for our nation's military veterans, and ensuring accessibility and accommodation for individuals with disabilities.

Posting 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.

Among the key duties of this position are the following:

* 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).

FLSA Exempt Grade 06 Salary Details Minimum Salary  Mid Range Salary  Maximum Salary  Offer Information

The final salary offer may be determined by several factors, including, but not limited to, the candidate's qualifications, experience, and expertise, and availability of department or grant funds to support the position. We also take into consideration market benchmarks, if and when appropriate, and internal equity to ensure fair compensation relative to the university's broader compensation structure. We are committed to offering competitive and flexible compensation packages to attract and retain top talent.

Benefits

Rutgers provides a comprehensive benefits package to eligible employees. The specific benefits vary based on the position and may include:

* Medical, prescription drug, and dental coverage

* Paid vacation, holidays, and various leave programs

* Competitive retirement benefits, including defined contribution plans and voluntary tax-deferred savings options

* Employee and dependent educational benefits (when applicable)

* Life insurance coverage

* Employee discount programs

Position Status Full Time Working Hours Standard Hours 37.50 Daily Work Shift Work Arrangement

Consistent with the current application of Rutgers Policy 60.3.22 or the applicable provisions of relevant collective negotiations agreements, this position may be eligible for a hybrid work arrangement.…