Financial Analyst

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 .

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