Position Details

Position Information

Recruitment/Posting Title
Senior Accountant (Endowment Funds)

Job Category
URA-AFT Administrative

Department
UCO University Accounting

Posting Summary

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:

• Maintains accurate endowment investment balances and reconciles transactions and balances among Fundriver, the Oracle General Ledger, Oracle Projects, and Northern Trust.
• Calculates and records endowment spending distributions and restricted gift revenue in accordance with established University policies and donor requirements.
• Establishes and maintains restricted and endowment projects and reviews supporting donor documentation to ensure appropriate stewardship and compliance with donor intent.
• Administers the University's endowment pools and separately invested funds within Fundriver and records related investment activity in the General Ledger.
• Prepares monthly reconciliations of investment activity among the Oracle General Ledger, Fundriver, and Northern Trust and investigates and resolves discrepancies.
• Prepares year-end supplemental schedules, surveys, account analyses, and other financial information required for internal and external reporting.
• Provides accounting guidance and support to University departments regarding restricted and endowment projects, including project setup, maintenance, reconciliation, and reporting.
• Responds to Helpdesk inquiries related to restricted gifts and endowments and resolves or appropriately redirects inquiries based on the nature of the issue.
• Supports month-end, year-end, audit, and financial reporting activities by ensuring transactions and account balances are accurate, supported, and reconciled.
• Interprets and applies University accounting policies, procedures, internal controls, and established endowment practices to meet the needs of a diverse client population.

FLSA
Exempt

Grade
06

Salary Details
Starting salary will be commensurate with qualifications and experience, up to a maximum hiring salary of $95,960.

Minimum Salary
77919.480

Mid Range Salary
96454.480

Maximum Salary
114989.480

Offer Information

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.

Benefits

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

• Medical, prescription drug, and dental coverage
• Paid vacation, holidays, and various leave programs
• Competitive retirement benefits, including defined contribution plans and voluntary tax-deferred savings options
• Employee and dependent educational benefits (when applicable)
• Life insurance coverage
• Employee discount programs

Position Status
Full Time

Working Hours

Standard Hours
37.50

Daily Work Shift

Work Arrangement

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.

Union Description
URA-AFT Administrative

Payroll Designation
PeopleSoft

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 an equivalent combination of education and/or experience that demonstrates comprehensive knowledge and understanding of general accounting principles and practices.
• Five (5) years of progressively responsible professional experience in a financial/accounting function.

Certifications/Licenses

Required Knowledge, Skills, and Abilities

• Excellent computer skills including an intermediate to advanced skill level in Excel.
• Proven ability to work independently with good analytical and problem solving skills around accounting analytics and processes.
• Strong knowledge of US GAAP/GASB.
• Ability to adapt and/or implement new or improved system processes, procedures and technologies.
• Ability to provide timely and professional customer service.

Preferred Qualifications

• Advanced degree/CPA.
• Experience working with an ERP system, Oracle Cloud, Endowment accounting and Fundriver.

Equipment Utilized

Physical Demands and Work Environment

Special Conditions

• May be required to work extended hours during the fiscal year-end closing period and other peak periods throughout the year.
• This position may be eligible for a hybrid work arrangement, subject to approval and operational needs. A regular on-site presence of at least three (3) days per week is required, with additional on-site days as needed. Employees approved for a hybrid work arrangement must reside in NJ, NY, PA or DE and be within a commutable distance of the university.

Posting Details

Posting Number
26ST1827

Posting Open Date
10/01/2026

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.