Overview
Job Summary
Prepares accurate and timely financial statements and reports, with a focus on the accounts and activities relating to the NJEDA's Economic Recovery Fund (ERF) and Economic Development Fund (EDF). Such work enables Executive Management, Fiscal staff, program Directors and external stakeholders to understand the financial health of the EDA and to make informed decisions. Assists in ensuring integrity of data in financial reporting.
Salary Range- $65,484-$73,670
Responsibilities
Essential Duties and Responsibilities
Processes cash receipts for the ERF and EDF and reconciles to supporting documentation, Processes cash disbursements to include verification that all required documentation and authorizations have been received. Compiles and analyzes other financial information to record journal entries to the General Ledger accounts.
Reviews and codes invoices and other expenses to the proper general ledger accounts.
Assists in preparation of accurate and timely financial statements, including cash flows and related footnote information for review by Accounting Manager, Director of Accounting Services and Controller.
Maintains current account analyses and reconciliations to ensure accurate financial statements, the safeguarding of assets, and an effective audit trail. Reconciles account information in General Ledger to source documentation (e.g., grant disbursement and procurement systems).
Tracks receipt and disbursement of various state and federal appropriations.
Responds to inquiries or requests for information from/to internal and external users of statements and financial reports, including federal and other state agencies.
Reviews leases, contracts, agreements, resolutions, board memos, program funds usage restrictions, trust indentures, appropriations, grants, legislation, etc. to ensure administrative and accounting compliance. Monitors outstanding commitments and obligations.
Responds to inquiries and ad hoc requests from program and executive personnel and outside agencies. Prepares program-specific reports.
Provides backup and assistance to other accountants and Budget staff as needed. This includes, as needed, provision of accounting data to facilitate revenue and spending variances, as well as mid-year and annual Budget projections
Prepares schedules and submits information that is required by auditors to facilitate a timely annual audit. In addition, provides information as needed in the course of programmatic audits conducted by State and Federal cognizant agencies.
Promotes teamwork and communication to encourage an interactive, cooperative, collaborative and customer focused work environment among division, EDA staff and external customers.
Must complete annual and semiannual self-assessment as required.
Performs other duties and special projects, as assigned, including serving as a critical team member in transition to new Accounting system(s), e.g., participating in User Acceptance Testing and providing critical feedback to ensure the integrity of the new system.
Qualifications
Required Skills and Abilities
Must possess basic understanding of GAAP; ability to research technical issues in GASB and FASB pronouncements and report findings
Proficiency in Microsoft Office Suite, Dynamics GP, and ability to learn new software packages.
Good organizational skills, with attention to detail
Must be able to communicate effectively both verbally and in writing. Able to interact with other departments to convey and solicit financial information
Promotes teamwork and communication to encourage an interactive, cooperative, collaborative and customer-focused work environment among division, EDA staff and external customers
Ability to communicate effectively both verbally and in writing; proficient in grammar, spelling and editing; and foster communications with business professionals and EDA staff
Ability to prioritize workload, must be highly organized, detail-oriented, handle various tasks simultaneously and work independently within limited time constraints with little or no supervision
Must be able to maintain confidentiality and deal effectively and diplomatically with business professionals and EDA staff
Demonstrates respectful behavior and promotes teamwork and communication to encourage an interactive, cooperative, collaborative and customer focused work environment among division, EDA staff and external customers.
Ability to learn new software packages
NJEDA utilizes Microsoft as the core application platform and proficiency in the Microsoft Office Suite is preferred.
Required Qualifications
Education and Experience Requirements
Bachelor's Degree in Accounting and/or equivalent professional training
Five years' experience in general private or public accounting
Advanced degree or industry specific certification may be substituted for 1 year of experience
Physical Demands
Minimal
Ability to work outside normal business hours, as needed
Travel
As necessary to events, meetings, businesses, etc.
Certificates and Licenses Required
License: Staff are required to possess a valid driver's license valid in New Jersey only if the operation of a vehicle, rather than employee mobility, is necessary to perform the essentials duties of the position Note
The examples of work for this title are for illustrative purposes only. A particular position using this title may not perform all duties listed in this job description. Conversely, all duties performed on the job may not be listed. This job description is intended to convey information essential to understanding the scope, general nature and level of work performed by job holders within this job. This job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position.
Your employment at NJEDA is voluntary and subject to termination by you or NJEDA at will, with or without cause, or with or without notice, at any time. Nothing in this job description shall be interpreted to conflict, eliminate or modify the employment-at-will status of NJEDA employees.
This position is considered exempt and is excluded from minimum wage, overtime regulations, and other rights and protections afforded nonexempt workers under the FLSA.
NJEDA reserves the right to amend/revise this job description as necessary to meet current and changing business needs.
Equal Opportunity Employer
Position Requirements
Foreign degrees/transcripts must be evaluated by a reputable evaluation service at your own expense and must be submitted prior to a start date. If this cannot be provided within 21 days of an offer the offer will be rescinded.
Must comply with the "New Jersey First Act" which requires employees hired after September 1, 2011 to reside in New Jersey. Non-New Jersey resident employees must relocate to New Jersey within one year of their date of hire and provide proof of residency to Human Resources.
Must complete an Outside Activity Questionnaire (disclosure of outside office or employment) on an annual basis.
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LocationUS-NJ
Job ID 2025-2205
Category/Department Accounting Services
