Posting Summary
Rutgers, The State University of New Jersey is seeking a Senior Financial Analyst I within the Rutgers Cancer Institute of New Jersey.
The primary purpose of Senior Financial Analyst I (Grants and Contracts) is to provide research specific support and guidance to Principal Investigator’s basic research post administration of contracts.
The role is to safeguard Rutgers Cancer Institute contract resources and determine appropriate allocability and allowability in the daily administration of study budgets, maintenance of documentations from the initial and final end of contracts related to financial aspects of project accounts.
Among the key duties for this position are the following :
- Responsible for the post award administration and coordination of assigned clinical trials, grants and contracts for research and other non-sponsored programs.
- Monitors incoming revenue, runs and maintains cash receipts report and works closely with internal / external entities to obtain corresponding payment details to ensure timely posting of payments.
- Quantitative and financial analysis of complex spreadsheet from Oracle diverse financial system to provide timely and insightful analysis of projects.
- Assists with conducting monthly variance analysis, budget and forecast projections, and other financial reporting such as preparation of comprehensive P&L statements.
- Not just limited to Corporate research contracts but also include federal and state and other sponsored agencies to ensure posting of accurate journal entries to the sub and general ledger.
- Works diligently to collaborate with Research Financial Services (RFS) central Grant Specialists in the reconciliation of billings arising from all sources of Grants and Contract research sponsored programs.
- Maintains financial analysis template to ensure allocation of cost and payment from sponsored programs are allowable and allocable.
- Reviews and approves Marketplace requisitions, reconciles and maintains Purchase Orders for associated clinical research services, performs adjusting entries as needed to post costs to project accounts, and provides responses to inquiries relates to contract awards.
- Submits salary and fringe relief cost transfers and budget allocation through journal entry by cost center in Oracle Financial system.
Position Status Full Time Hours Per Week 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.
Flexible work arrangements are not permanent, are subject to change or discontinuation, and contingent on the employee receiving approval in the FlexWork@RU Application System.
FLSA Exempt Grade 28S Position Salary Annual Minimum Salary 79877.00 Annual Mid Range Salary 96133.00 Annual Maximum Salary 114343.
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 a Finance, Accounting, Business or related field required.
- Four (4) years of related experience in a Basic Research environment within a healthcare or academic organization required.
- Equivalent experience, education and / or training may be substituted for the education requirements.
Certifications / Licenses Required Knowledge, Skills, and Abilities
- Knowledge and experience with journal entries, financial statement reporting, and general accounting (GAAP) concepts are also required.
- Strong financial experience of industry-sponsored and non-industry sponsored clinical trials.
- The ideal candidate will have accounting skills, be detail oriented, have excellent organizational skills, be able to prioritize, multitask, be proficient in computer applications at an advanced level, MS Word, Excel, possess excellent communication and interpersonal skills, be able to maximize resources and be resourceful.
- Advanced skill level in database and reporting tools such as Microsoft Excel required, including chart development, V-Lookups and Pivot Tables.
Preferred Qualifications
- Experience at a non-profit and / or higher education medical center is preferred.
- Experience with OnCore® CTMS preferred.
- Knowledge of CPT coding and EPIC research billing is 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