Accounting Manager II, Accounting and External Reporting
Job Description
Recruitment/Posting Title
Accounting Manager II, Accounting and External Reporting
Job Category
Staff & Executive - Finance/Accounting/Purchasing
Department
UFA-Accounting Operations
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. 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 nation’s 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 university’s 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 https://finance.rutgers.edu/.
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 university’s 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 https://finance.rutgers.edu/.
Posting Summary
Rutgers, The State University of New Jersey is seeking a Accounting Manager II, Accounting and External Reporting for UFA-Accounting Operations. Reporting to the Senior Manager, Accounting and External Reporting in the Office of the University Controller, the Accounting Manager II, is responsible for the shared oversight, coordination and preparation of the Audited Financial Statements and related footnotes, the supervision of personnel, as well as 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:
- Manages assigned areas of the operation and preparation of the audited financial statements within the Oracle Cloud reporting system, working together with central and campus unit accounting personnel to ensure management discussion and analysis (MD&A), statements, footnotes, and supplementary information are complete and properly presented and formatted.
- Supervises two senior accountants responsible for financial accounting, reporting and related balance sheet reconciliations.
- Handles annual Integrated Postsecondary Education Data System (IPEDS) submission for the New Brunswick, Newark and Camden campuses.
- Assists with troubleshooting help desk questions related to financial activities and operations within University Accounting providing financial assistance to the University community.
- Handles calculation entries and footnote support related to Governmental Accounting Standards Board (GASB) 68 – Accounting for Pensions and GASB 75 -Other Postemployment related benefits.
- Manages the preparation of a variety of financial reports and analyses for use by senior management and other areas within the University.
- Prepares financial reports required by the State of New Jersey for the University Behavioral Health (UBHC) unit on an annual basis.
- Works with external auditors directly in responding to their inquiries and responsible for various prepared by client schedules during the audit of the financial statements.
- Works with relevant units to gather financial data related to agreements between parties, ensuring activity is recorded through journal entries in accordance with GAAP on an accrual basis.
- Implements new GASB standards by providing guidance, coordinating efforts, and ensuring compliance across relevant processes and systems.
- Reviews component units’ activity, records it in the general ledger and determines its presentation in the financial statements
- Assists in implementation of enhancements to Oracle products related to narrative and financial reporting, variance analyses and account reconciliations to optimize and streamline processes.
Position Status
Full Time
Hours Per Week
Daily Work Shift
Work Arrangement
FLSA
Exempt
Grade
07
Position Salary
Annual Minimum Salary
91297.00
Annual Mid Range Salary
115559.00
Annual Maximum Salary
139821.00
Standard Hours
37.50
Union Description
Admin Assembly (MPSC)
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 accounting, finance, business administration, or related field; or the equivalent combination of education and/or experience that demonstrates comprehensive knowledge and understanding of generally accepted accounting principles and practices.
- Five (5) years of related professional experience in a financial/accounting function in a leadership or managerial role of increasing responsibility.
Certifications/Licenses
Required Knowledge, Skills, and Abilities
- Skills in planning and organizing, integrating information, making decisions, and attaining results.
- Excellent communication skills.
- Computer literacy.
- Strong knowledge of US GAAP/GASB to ensure compliance and appropriate reporting.
- Proven ability to work independently with good analytical and problem solving skills around accounting analytics and processes.
- High level of organization and ability to summarize conclusions and communicate complex business issues in a clear and concise manner.
- Ability to adapt and or implement new or improved system processes, procedures and technologies (as they relate to financial statements , cash flow reporting and account analyses).
- Strong verbal, writing, interpersonal, organizational and analytical skills.
- Ability to function in a professional manner in a team environment.
- Proficiency at using Microsoft’s suite of Office products – spreadsheets, word processing and database applications.
Preferred Qualifications
- Advanced Degree/CPA.
- At least 5 years of progressively responsible accounting experience, including a mix of public accounting and industry backgrounds.
- Knowledge in higher education accounting.
- Previous supervisory experience.
- Experience working with an Enterprise Reporting System (ERP system), preferably Oracle Cloud, Smart View, and Tableau.
Equipment Utilized
- Microsoft Excel, Word, and ORACLE Cloud General Ledger (GL) to prepare and submit journal entries and financial reports.
- ORACLE Cloud GL and subledger applications, and EPRCS as well as Rutgers reporting tools (Smart View and Tableau) to extract information from the financial data warehouse to be used in preparation of financial reports and disclosures.
- Excel Templates and the Oracle Base Application to perform analysis of information and processing of correcting journal entries.
- ORACLE Cloud GL and the financial data warehouse to review and analyze the allowability of transactions.
Physical Demands and Work Environment
Special Conditions
Posting Details
Posting Number
25ST0273
Posting Open Date
02/10/2025
Special Instructions to Applicants
Regional Campus
Rutgers University-New Brunswick
Home Location Campus
Off Campus
City
Piscataway
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.
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