Financial Specialist
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Job Location:
Piscataway, NJ - USA
Monthly Salary:
Not Disclosed
Posted on:
15 hours ago
Vacancies:
1 Vacancy
Job Summary
Posting Summary
Rutgers The State University of New Jersey is seeking a Financial Specialist within the University Controllers Office ( UCO ). Under the direction of the Associate Controller for Cost Analysis & Capital Equipment Management this position is responsible for performing complex financial and data analyses that support fringe benefits Facilities & Administrative (F&A) cost recovery federal and state reporting and capital equipment management. The specialist plays a critical role in institutional financial reporting and compliance contributing to major initiatives such as F&A proposal development quarterly fringe reimbursement submissions federally mandated audit reporting and strategic process improvements. Among the key duties of this position are the following: Performs extensive data extraction reconciliation and interpretation from Oracle Cloud Tableau OTBI and other reporting tools to support cost analyses fringe benefit reporting and compliance requirements. Develops financial models dashboards and reports to support institutional decision-making transparency and strategic planning. Ensures accuracy and integrity of cost- and fringe-related data through internal controls reconciliations and variance analyses. Provides data and reports in support of surveys and external requirements such as HERD SALCALC and other compliance-driven requests. Collaborates with Data Analytics Payroll Financial Planning and Analytics and Research Financial Services to optimize reporting processes and enhance data accessibility and interpretation. Serves as a resource to junior staff and peers by providing technical guidance quality review and training on complex cost and fringe analysis methods. Leads quarterly fringe benefit reporting and reimbursement submissions to the State of New Jersey including detailed analysis and review of multiple schedules. Oversees the operationalization of fringe benefit recording and reporting implementing process improvements to enhance efficiency and compliance. Contributes to the future of fringe initiative within the new HCM system by providing design input collaborating with external consultants and testing complex calculations for financial system integration. Communicates technical and analytical findings to stakeholders across finance HR and IT. Provides guidance to supporting staff involved in reconciliation and analysis of fringe-related reporting. Supports preparation of federally required F&A cost proposals (Base Year and Practice Year) in collaboration with external consultants (e.g. Maximus). Gathers validates and analyzes complex institutional data from multiple sources to meet proposal requirements. Applies specialized knowledge of higher education cost analysis and compliance standards to ensure proposals are accurate complete and defensible during federal negotiations. Conducts cost studies and functional use surveys related to allocation methodologies and indirect cost recovery. Provides technical direction to junior staff assisting with cost data collection and reconciliations. Coordinates data collection reconciliations and reporting for SEFA / SESA submissions required for the Single Audit. Prepares interim preliminary and final year-end versions of reports for review by senior leadership and external auditors. Collaborates with Research Financial Services and external auditors to ensure compliance transparency and accuracy of reporting as federal and state research expenditures grow. Oversees and provides guidance to staff assisting with reconciliations to ensure accuracy and consistency. Provides ad hoc analyses and reporting in support of the Associate Controller and senior leadership. Contributes to projects focused on financial transparency process optimization and compliance initiatives. Maintains consistent communication with the Associate Controller on priorities progress and deliverables. Serves as a subject matter resource for colleagues across related finance units.
Overview
Rutgers The State University of New Jersey is a leading national research university and the State of New Jerseys 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. Ranked in 2022 by Forbes as a top 100 best large employer in America Rutgers commitment to its employees includes maintaining and fostering a safe diverse and respectful workplace environment creating employment opportunities for our nations military veterans and ensuring accessibility and accommodation for individuals with disabilities. University Finance and Administration ( UFA ) advances Rutgers strategic priorities through the management of all central financial administrative and student information systems and processes. We supply the universitys financial community the professional guidance services tools and information needed to make the informed decisions that contribute to Rutgers standing as an academic health and research powerhouse. We are deeply committed to our guiding principles and the core values that are critical for the long-term strategic growth of our division and the university. For more information please visit .
Preferred Qualifications
A related Masters degree or CPA . Experience using Maximus Comprehensive Rate Information System ( CRIS ) and WebSpace. Experience with higher education accounting. Knowledge of research administration accounting.
Rutgers The State University of New Jersey is seeking a Financial Specialist within the University Controllers Office ( UCO ). Under the direction of the Associate Controller for Cost Analysis & Capital Equipment Management this position is responsible for performing complex financial and data analyses that support fringe benefits Facilities & Administrative (F&A) cost recovery federal and state reporting and capital equipment management. The specialist plays a critical role in institutional financial reporting and compliance contributing to major initiatives such as F&A proposal development quarterly fringe reimbursement submissions federally mandated audit reporting and strategic process improvements. Among the key duties of this position are the following: Performs extensive data extraction reconciliation and interpretation from Oracle Cloud Tableau OTBI and other reporting tools to support cost analyses fringe benefit reporting and compliance requirements. Develops financial models dashboards and reports to support institutional decision-making transparency and strategic planning. Ensures accuracy and integrity of cost- and fringe-related data through internal controls reconciliations and variance analyses. Provides data and reports in support of surveys and external requirements such as HERD SALCALC and other compliance-driven requests. Collaborates with Data Analytics Payroll Financial Planning and Analytics and Research Financial Services to optimize reporting processes and enhance data accessibility and interpretation. Serves as a resource to junior staff and peers by providing technical guidance quality review and training on complex cost and fringe analysis methods. Leads quarterly fringe benefit reporting and reimbursement submissions to the State of New Jersey including detailed analysis and review of multiple schedules. Oversees the operationalization of fringe benefit recording and reporting implementing process improvements to enhance efficiency and compliance. Contributes to the future of fringe initiative within the new HCM system by providing design input collaborating with external consultants and testing complex calculations for financial system integration. Communicates technical and analytical findings to stakeholders across finance HR and IT. Provides guidance to supporting staff involved in reconciliation and analysis of fringe-related reporting. Supports preparation of federally required F&A cost proposals (Base Year and Practice Year) in collaboration with external consultants (e.g. Maximus). Gathers validates and analyzes complex institutional data from multiple sources to meet proposal requirements. Applies specialized knowledge of higher education cost analysis and compliance standards to ensure proposals are accurate complete and defensible during federal negotiations. Conducts cost studies and functional use surveys related to allocation methodologies and indirect cost recovery. Provides technical direction to junior staff assisting with cost data collection and reconciliations. Coordinates data collection reconciliations and reporting for SEFA / SESA submissions required for the Single Audit. Prepares interim preliminary and final year-end versions of reports for review by senior leadership and external auditors. Collaborates with Research Financial Services and external auditors to ensure compliance transparency and accuracy of reporting as federal and state research expenditures grow. Oversees and provides guidance to staff assisting with reconciliations to ensure accuracy and consistency. Provides ad hoc analyses and reporting in support of the Associate Controller and senior leadership. Contributes to projects focused on financial transparency process optimization and compliance initiatives. Maintains consistent communication with the Associate Controller on priorities progress and deliverables. Serves as a subject matter resource for colleagues across related finance units.
Overview
Rutgers The State University of New Jersey is a leading national research university and the State of New Jerseys 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. Ranked in 2022 by Forbes as a top 100 best large employer in America Rutgers commitment to its employees includes maintaining and fostering a safe diverse and respectful workplace environment creating employment opportunities for our nations military veterans and ensuring accessibility and accommodation for individuals with disabilities. University Finance and Administration ( UFA ) advances Rutgers strategic priorities through the management of all central financial administrative and student information systems and processes. We supply the universitys financial community the professional guidance services tools and information needed to make the informed decisions that contribute to Rutgers standing as an academic health and research powerhouse. We are deeply committed to our guiding principles and the core values that are critical for the long-term strategic growth of our division and the university. For more information please visit .
Preferred Qualifications
A related Masters degree or CPA . Experience using Maximus Comprehensive Rate Information System ( CRIS ) and WebSpace. Experience with higher education accounting. Knowledge of research administration accounting.
Required Experience:
IC
Key Skills
- Financial Services
- Financial Models
- Account Management
- General Ledger Accounts
- ERP
- Payroll
- External Auditors
- Customer Relationships
- Credit Card
- Financial Statements
- Business Units
- Annual Budget
- Income
- New Clients
- Financial Management
About Company
Rutgers, The State University of New Jersey, is one of America's leading public research universities. Consistently top-ranked, Rutgers offers a range of undergraduate and graduate degree programs and continuing education opportunities.
