Careers Job Description
General Description
The incumbent will be responsible for various duties pertaining to the reconciliation of the Foundation’s bank accounts, garnishment payments, unclaimed funds, and general ledger. The incumbent will assist in preparing the presidents’ monthly reports, quarterly and annual financial statement and maintain unclaimed funds schedules and escheat funds when required. Incumbent must have strong writing and analytical skills, exercise considerable independent judgment in performing assigned duties including delegation and training of junior staff.
Other Duties
Reporting to the Assistant Controller, the incumbent:
- Reconciles the Foundation bank accounts and take corrective actions
- Troubleshoots bank account discrepancies such as transmittal error, payroll interface and register variances, etc. and work closely with internal departments to resolve any issue in a timely manner
- Prepares multiple worksheets to analyze and reconcile various payroll registers before entering the information into the respective general ledger accounts
- Runs daily cash activity reports and communicate with various departments
- Prepares the collateral report and ensures that the cash control procedures are adhered to.
- Processes stop payments and cancellations
- Responsible for maintaining the unclaimed fund schedules, sending out due diligent letters to payees, and escheating funds to various states
- Interfaces with internal/external auditors
- Analyzes various general ledger accounts and take corrective action
- Assists in preparation of financial statements and schedules
- Assist in preparing monthly president’s report, various financial reports and works on special projects as assigned by management
- Assist in processing garnishment payments
- Acts as back-up for the team in the areas of cash management, investment, and general ledger.
- Trains and overlooks junior staff
- Performs other duties as assigned
Qualifications
- BS Degree in Accounting.
- Two-four years of accounting experience.
- Strong computer literacy skills.
- Strong analytical skills and accuracy/detail oriented.
- Strong writing skills
- Superior inter-personal skills.
RFCUNY Benefits
RFCUNY Employee Benefits and AccrualsAbout the Research Foundation
The Research Foundation of The City University of New York (RFCUNY) is a nonprofit educational corporation founded in 1963 to provide post-award fiscal and administrative support for CUNY’s research and sponsored programs. RFCUNY’s services allow CUNY researchers, faculty, and staff to focus on their intellectual curiosity and scientific discoveries, on projects and programs that serve our local and global communities, proposing concrete solutions to society’s most pressing challenges.
RFCUNY serves as a fiscal agent and works closely with all the CUNY campus Grants Offices to perform the core functions of post-award financial management for CUNY research projects and sponsored programs. These functions include legal assessment and signing of agreements where RFCUNY is named as a fiscal agent; setting up award accounts; preparing sub-awards and assisting PIs in monitoring the work of the recipients of sub-awards; supporting project directors with hiring and managing research project and sponsored program staff; supporting the purchasing and paying for goods and services with grant and program funds; managing financial aspects of projects including accounts receivable, financial reporting, invoicing, budget monitoring, and cost compliance with uniform guidance; ensuring that sponsor financial requirements are met; monitoring compliance with applicable project and financial management rules and laws; supporting the management of independent and external audits and financial reviews; and providing data, information, management expertise, and other supports to CUNY’s research and sponsored programs.
Equal Employment Opportunity Statement
Key Features
Finance
Full Time
$72,968.66 - $100,547.37
Jun 12, 2023 (Or Until Filled)