Overview:
Job Summary
EDA Overview
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Join the NJEDA and help lead New Jersey to sustainable economic growth, fostering equitable opportunities and vibrant communities. We offer hybrid work, a supportive culture, and robust benefits, including health insurance, retirement plans, and extensive wellness programs. Make a tangible impact and shape New Jersey's future with innovative economic development at NJEDA.
Job Overview
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Responsible for the accounting and reporting functions to facilitate accurate and timely financial statements and reports, which allows NJEDA program leaders and other stakeholders to understand the financial health of the Authority to make informed decisions. Records transactions related to federal and state funding sources and reports information to various lead agencies. Records transactions related to the administrative costs of the Authority and reports information to management. Assists in ensuring data integrity in financial reporting and in preparation for various audit engagements.
Salary Range- $71,600-$80,550
Responsibilities:
Duties
Daily Tasks and Responsibilities:
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Processes cash receipts 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 in order to record journal entries in the general ledger accounts.
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Reviews and codes invoices and other expenses to the proper general ledger accounts.
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Prepares accurate and timely financial statements, including cash flows and related footnote information for review by Director and Controller.
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Tracks receipt and disbursement of state and federal appropriations and related spending.
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Maintains current account analyses and reconciliations to ensure accurate financial statements, the safeguarding of assets, and an effective audit trail.
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Assists with preparation of the annual budget.
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Responds to inquiries or requests for information from internal users of statements and financial reports.
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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.
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Responds to inquiries and ad hoc requests from program and executive personnel. Prepares program-specific reports.
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Supports transaction processing and reporting of activity within assigned programs, to include programmatic reporting to internal and external sources.
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Provides back-up and assistance to other accountants as needed.
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Prepares schedules and submits information required by independent, federal, and state auditors to facilitate timely audits.
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Must complete annual performance self-assessment.
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Performs other duties and special projects, as assigned.
Projects:
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Federally Funded projects within the NJEDA portfolio
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Accounting for the Administrative costs for NJEDA
Goals and Objectives:
To provide accurate and timely financial information to decision makers on a consistent basis.
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To apply Knowledge, Skills, and Abilities to further efficiencies within the accounting department
Reporting Structure:
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Reports to the Accounting Manager – Administrative/Treasury
Qualifications:
Skills and Qualifications
Technical Skills:
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Must possess a basic understanding of GAAP; ability to research technical issues in GASB and FASB pronouncements and report findings
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Must be familiar with federal grant compliance requirements and 2 CFR Part 200 Uniform Guidance
Soft Skills:
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Must be able to communicate effectively both verbally and in writing. Able to interact with other departments to convey and solicit financial information
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Promotes teamwork and communication to encourage an interactive, cooperative, collaborative and customer-focused work environment among division, NJEDA staff, and external customers
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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
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Must be able to maintain confidentiality and deal effectively and diplomatically with business professionals and NJEDA staff
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Demonstrates respectful behavior and promotes teamwork and communication to encourage an interactive, cooperative, collaborative and customer-focused work environment among division, department, NJEDA staff, and external customers
Experience:
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Five years experience in government, general private, or public accounting
Education:
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Bachelor’s degree in accounting and/or equivalent professional training preferred
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Advanced degree or industry specific certification may be substituted for 1 year of experience
Software/Tools Proficiency:
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Proficiency in Microsoft Office Suite including strong Excel skills, Dynamics GP and Business Central, and ability to learn new software packages
Additional Information
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Minimal physical demands and ability to work out normal business hours
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Travel expected when necessary for business operations
Certificates and Licenses Required
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Staff are required to possess a 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.
NJ SAME Program
In accordance with P.L. 2021, c. 465 and P.L. 2021, 466, the SAME program was established to enable New Jersey State agencies to hire, promote, retain, and advance qualified individuals whose physical or mental impairments impact their abilities to participate in the hiring and promotion process for non-competitive and unclassified titles within the State workforce.
The SAME program allows candidates, who identify as having a significant disability, to apply for non-competitive and unclassified positions through a fast track hiring process. This program uses a fast-track process that permits people who are eligible for the program to request that the State appointing authority schedule with them a good faith interview. For more information about the SAME program and the Fast Track Hiring program, please Click Here. If you have any questions, please email, or call the contact as indicated on the job vacancy announcement.
This posting open to eligible applicants regardless of SAME eligibility
Equal Opportunity Employer
Position Requirements
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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.
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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.
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Must complete an Outside Activity Questionnaire (disclosure of outside office or employment) on an annual basis.
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Must review the required NJ State Ethics Guidelines found on the State website.
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Selected candidates must be authorized to work in the United States per the Department of Homeland Security, United States Citizenship and Immigration Services regulations. Note: The State of New Jersey does not provide sponsorship for citizenship to the United States.
