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Financial Analyst
Rutgers University in New Brunswick, New Jersey
Date Posted 05/15/2022
Admin-Business And Financial Management
Employment Type
Application Deadline Open until filled

Position Details
Position Information

Recruitment/Posting Title Financial Analyst
Job Category Staff & Executive - Finance/Accounting/Purchasing
Department OIT-Office of Finance & Administration
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. Established in 1766 and celebrated a milestone 250th anniversary in 2016, the university is the eighth oldest higher education institution in the United States. More than 70,800 students and 27,000 faculty and staff learn, work, and serve the public at Rutgers locations across New Jersey and around the world.
Rutgers University–New Brunswick took root over 250 years ago. We are the state’s most comprehensive intellectual resource—the flagship campus of Rutgers, The State University of New Jersey, as designated by the Association of American Universities. We are the region’s most high-profile public research institution and a leading national research center with a global impact.
Posting Summary
Rutgers, The State University of New Jersey is seeking a Financial Analyst in the Office of Information Technology – Finance & Administration at Rutgers Central Administration.
Under supervision of the Business Manager I, this position provides financial and budgeting support to the manager by coordinating analyses, planning, forecasting, and the preparation of financial reports to facilitate decision-making.
Among the key duties of this position are the following:
  • Provides financial support to the manager by coordinating analyses, planning, forecasting, and the preparation of financial reports to facilitate decision-making.
  • Responsible for financial reporting for the OIT departments and prepares concise and timely monthly/quarterly reports for all assigned areas in accordance with departmental objectives.
  • Responsible for analyzing costs in relation to services performed.
  • Reviews actual to budget and forecast to budget variance analysis and provides commentaries.
  • Assists in development of business processes and financial analysis to ensure operational goals, objectives and strategies are met.
  • Streamlines existing process and recommends process improvements.
  • Identifies expense trends and provides recommendations for improvements.
  • Establishes and maintains databases of pertinent information for use in analyzing financial forecasts.
  • Evaluates large amount of complex financial transactions and recommends impact on department operations.
  • Makes recommendations to the Manager regarding cost savings or profit generating opportunities.
  • Responsible for updating and calculating financial forecasting methodologies for various financial data.
  • Participates in meetings with OIT administrators to review department financial data.
  • Collaborates partnerships with various internal and external stakeholders.
  • Coordinates with all levels of OIT Unit administrators to gather, analyze, summarize, and prepare recommendations to improve data gathering process and financial data review process.
Position Status Full Time
Hours Per Week
Daily Work Shift Day
FLSA Exempt
Grade 24S
Position Salary
Annual Minimum Salary 62326.000
Annual Mid Range Salary 74738.000
Annual Maximum Salary 88704.000
Standard Hours 37.50
Union Description HPAE, Local 5094
Payroll Designation PeopleSoft
Rutgers offers a comprehensive benefit program to eligible employees. For details, please go to http://uhr.rutgers.edu/benefits/benefits-overview .
Rutgers also offers a benefit program to eligible full-time postdoctoral fellow students. For details, please go to https://finance.rutgers.edu/healthcare-risk/insurance/postdoctoral-health-insurance.
COVID-19 Immunization Requirement
Under Policy 60.1.35 , Rutgers University requires all prospective employees to provide proof that they are fully vaccinated and have received a booster (where eligible) against COVID-19 prior to commencement of employment, unless the University has granted the individual a medical or religious exemption.  Prospective employees who are not eligible for a booster at the time of an offer of employment must provide proof they have received a booster within two weeks (14 calendar days) of eligibility .  Based on current guidance, individuals are considered fully vaccinated against COVID-19 two weeks after receiving the final dose of any COVID-19 vaccine authorized or approved for use in the United States by the United States Food and Drug Administration (FDA) and recommended by the Advisory Committee on Immunization Practices (ACIP) of the Centers for Disease Control and Prevention (CDC).  Eligibility for a booster against COVID-19 varies and is explained on the University’s web site located at https://coronavirus.rutgers.edu/covid-19-vaccine .  Failure to provide proof of primary vaccination and booster will result in rescission of a prospective employee’s offer of employment and/or disciplinary action up to and including termination.
Seniority Unit
Terms of Appointment Staff - 12 month
Position Pension Eligibility ABP


Minimum Education and Experience
  • Bachelor’s Degree in Finance, Accounting, or a related field plus three (3) years of relevant experience in related fiscal activities.
  • Experience in the development of forecasting and budgeting methodologies and in developing commentaries for budget and forecast variances.
  • Equivalent education, experience and/or training may be substituted for the degree requirements.
Required Knowledge, Skills, and Abilities
  • Demonstrated strong process improvement skills and strong analytical skills.
  • Comfortable working with multiple systems and on multiple projects.
  • Ability to multitask, adapt well to changing priorities, process large data, question validity of data, and work independently, while providing problem resolutions without supervision.
  • Organized and detailed oriented with the ability to thrive in a team environment and collaboration to meet deliverables/deadlines.
Preferred Qualifications
  • Advanced Excel and Word skills along with PowerPoint knowledge.
Equipment Utilized
Physical Demands and Work Environment
PHYSICAL DEMANDS: Standing, sitting, walking, talking or hearing. No special vision requirements.
WORK ENVIRONMENT: Office environment. Moderate noise.
Special Conditions

Posting Details

Posting Number 22ST1067
Posting Open Date
Special Instructions to Applicants
Regional Campus Rutgers Biomedical and Health Sciences (RBHS)
Home Location Campus Downtown New Brunswick
Location Details
New Brunswick, New Jersey

Pre-employment Screenings

All offers of employment are contingent upon successful completion of all pre-employment screenings.

Infection Control and Safety

This position is subject to all Rutgers University policies, including TB surveillance and other infection control and safety policies. Please review the Tuberculosis Surveillance Policy for additional information.

Affirmative Action/Equal Employment Opportunity Statement

It is university policy to provide equal employment opportunity to all its employees and applicants for employment regardless of their race, creed, color, national origin, age, ancestry, nationality, marital or domestic partnership or civil union status, sex, pregnancy, gender identity or expression, disability status, liability for military service, protected veteran status, affectional or sexual orientation, atypical cellular or blood trait, genetic information (including the refusal to submit to genetic testing), or any other category protected by law. As an institution, we value diversity of background and opinion, and prohibit discrimination or harassment on the basis of any legally protected class in the areas of hiring, recruitment, promotion, transfer, demotion, training, compensation, pay, fringe benefits, layoff, termination or any other terms and conditions of employment. For additional information please see the Non-Discrimination Statement at the following web address: http://uhr.rutgers.edu/non-discrimination-statement

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