Senior Financial Analyst I

3 weeks ago


New Brunswick, United States Rutgers University Full time

Position 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. 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. City: New Brunswick State: NJ 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. Posting Number: 24ST1954 #J-18808-Ljbffr



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