Financial Analyst

Rutgers University

United States, New Jersey, New Brunswick

Nov 13, 2024

Position Details

Position Information

Recruitment/Posting Title	Financial Analyst
Job Category	Staff & Executive - Finance/Accounting/Purchasing
Department	CINJ-Finance
Overview	Through our science, our evidence-based actions, our openness, and our respect for those we serve, we will advance cancer-focused research worldwide and reduce the burden of cancer in our catchment area. By engaging with and empowering our exceptionally diverse populations, and addressing their questions and fears, we will engender hope for cancer patients and their families and play a critical role in strengthening the fabric of our communities by gaining and protecting their trust and providing access to the outstanding oncology care each person deserves. Our mission is to accelerate scientific discovery focused on understanding cancer, innovating cancer treatment, and improving cancer prevention; to provide outstanding, novel, and compassionate patient care; to provide evidence-based and culturally informed education to physicians, nurses, researchers, staff, and the community; and to achieve cancer health equity in our state through outreach to and engagement of our extraordinarily diverse communities. Curiosity and Discovery, Integrity, Collaboration, Cultivating Diversity, Respect and Caring, Perseverance.
Posting 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.
Position Status	Full Time
Hours Per Week
Daily Work Shift
Work Arrangement	This position requires a fully on-site work arrangement.
FLSA	Exempt
Grade	24S
Position Salary
Annual Minimum Salary	67074.00
Annual Mid Range Salary	80433.00
Annual Maximum Salary	95462.00
Standard Hours	37.50
Union Description	HPAE 5094
Payroll Designation	PeopleSoft
Benefits	Rutgers offers a comprehensive benefit program to eligible employees. For details, please go to http://uhr.rutgers.edu/benefits/benefits-overview.
Seniority Unit
Terms of Appointment	Staff - 12 month
Position Pension Eligibility	ABP

Qualifications

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.
Certifications/Licenses
Required Knowledge, Skills, and Abilities	Experience in preparing full P&L statements required. Knowledge and experience with journal entries, financial statement preparation and general accounting concepts are also required. Demonstrated strong verbal and written communications, analytical abilities. Effective oral and written communication skills. Must be computer literate with proficiency and working knowledge of database and reporting tools such as Microsoft Word, Access, and PowerPoint. Advanced skill level in Excel required.
Preferred Qualifications	Experience in healthcare industry (e.g physician practice or hospital) preferred.
Equipment Utilized
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.
Special Conditions

Posting Details

Posting Number	24ST2265
Posting Open Date
Special Instructions to Applicants
Regional Campus	Rutgers Biomedical and Health Sciences (RBHS)
Home Location Campus	Downtown New Brunswick
City	New Brunswick
State	NJ
Location Details

Pre-employment Screenings

All offers of employment are contingent upon successful completion of all pre-employment screenings.

Immunization Requirements

Under Policy 100.3.1 Immunization Policy for Covered Individuals, if employment will commence during Flu Season, Rutgers University may require certain prospective employees to provide proof that they are vaccinated against Seasonal Influenza for the current Flu Season, unless the University has granted the individual a medical or religious exemption. Additional infection control and safety policies may apply. Prospective employees should speak with their hiring manager to determine which policies apply to the role or position for which they are applying. Failure to provide proof of vaccination for any required vaccines or obtain a medical or religious exemption from the University will result in rescission of a candidate's offer of employment or disciplinary action up to and including termination.

Affirmative Action/Equal Employment Opportunity Statement

It is university policy to provide equal employment opportunity to all its employees and applicants for employment regardless of their race, creed, color, national origin, age, ancestry, nationality, marital or domestic partnership or civil union status, sex, pregnancy, gender identity or expression, disability status, liability for military service, protected veteran status, affectional or sexual orientation, atypical cellular or blood trait, genetic information (including the refusal to submit to genetic testing), or any other category protected by law. As an institution, we value diversity of background and opinion, and prohibit discrimination or harassment on the basis of any legally protected class in the areas of hiring, recruitment, promotion, transfer, demotion, training, compensation, pay, fringe benefits, layoff, termination or any other terms and conditions of employment. For additional information please see the Non-Discrimination Statement at the following web address: http://uhr.rutgers.edu/non-discrimination-statement