Senior Accountant (Endowment Funds)

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. For two consecutive years, Rutgers is ranked on Forbes' list of America's Best Large Employers. Rutgers holds #64 of 500 employers and is the #1 New Jersey employer on the publication's 2023 list. 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.

Rutgers, The State University of New Jersey, is seeking a Senior Accountant for the Office of the University Controller. Reporting to an Accounting Manager II, this position is responsible for the accurate accounting, reconciliation, and financial administration of restricted gifts and endowment funds.

Under the direction of the Accounting Manager II, the Senior Accountant performs complex general accounting and project-related functions, with a specialized focus on endowment and restricted gift activity. The position analyzes financial data, prepares and reviews account reconciliations, records and reconciles investment activity, establishes and maintains restricted and endowment projects, and supports month-end and year-end financial close activities.

The Senior Accountant applies specialized accounting knowledge and independent judgment to resolve complex financial issues in accordance with Generally Accepted Accounting Principles ( GAAP), applicable regulations, University policies and procedures, donor agreements, and established endowment practices. The position works collaboratively with University departments, Rutgers University Foundation, Treasury, Investment Office, and other areas within the University Controller's Office to ensure the accurate and timely administration and stewardship of restricted and endowment funds.

The position works independently within broadly defined objectives and is expected to analyze financial information, identify discrepancies and potential issues, determine appropriate resolutions, and communicate findings and recommendations to appropriate stakeholders. The position also provides guidance and customer service to University departments regarding the establishment, maintenance, accounting, and reporting of restricted and endowment projects.

Among the key duties of the position are the following:

The final salary offer may be determined by several factors, including, but not limited to, the candidate's qualifications, experience, and expertise, and availability of department or grant funds to support the position. We also take into consideration market benchmarks, if and when appropriate, and internal equity to ensure fair compensation relative to the university's broader compensation structure. We are committed to offering competitive and flexible compensation packages to attract and retain top talent.

Rutgers provides a comprehensive benefits package to eligible employees. The specific benefits vary based on the position and may include:

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, subject to change or discontinuation, and contingent on the employee receiving approval in the FlexWork@RU Application System.