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Manager, Foundation Accounting - Financial Services

RWJBarnabas Health
New Jersey, United States
Competitive Salary
Closing date
Nov 24, 2021

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Position Type
Executive, Fundraising, Alumni Affairs, Annual Fund, Capital Campaigns, Corporate and Foundation Relations, Direct Marketing, Fundraising Administration, Grant Seeking, Major Gifts, Membership, Prospect Research, Other Fundraising, Special Events, Programs, Grant Administration, Program Administration and Management, Administrative, Accounting and Finance, Office Administration
Academic Centers, Community Development, Education, Health, Philanthropic Advisors, Research, Technology
Employment Type
Full Time
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Job Summary:

The Manager of Foundation Accounting will be directly responsible for the accounting and financial reporting of the 12 RWJBarnabas Health foundations.

Essential Functions:

  • Prepare and analyze foundation financial statements on a monthly basis
  • Oversee the general accounting for the twelve foundations, including review and approval of all foundation journal entries and account reconciliations
  • Review all pledges to determine proper revenue recognition, and calculate and evaluate the discount and bad debt reserves for all new and outstanding pledges
  • Manage external audit process for the foundations, including preparation of footnotes and accounting whitepapers
  • Ensure system-wide compliance with standardized RWJBH reporting policies, IRS, and State of New Jersey
  • Timely preparation of various regulatory and tax filings for the foundations
  • Responsible for budgeting and forecasting of foundations, and analysis of budget to actual reporting
  • Present financial results at board meetings of the foundations
  • Maintain the foundation sub ledger, Financial Edge, and ensure alignment with the PeopleSoft general ledger
  • Manage the integration of all new foundation requirements into Financial Edge and/or the PeopleSoft general ledger
  • Liaises with legal department and foundation executives on various matters
  • Coordinate with Hospital finance departments related to funding of programs, capital and non-capital projects, review requests for foundation funded capital
  • Supervise and develop the foundation accounting team

Job Requirements:

  • Bachelor’s or Master’s degree in Accounting
  • CPA preferred with 5-7 years of combined Public Accounting and Private-Industry accounting experience within a health care environment
  • Strong knowledge of US GAAP, internal controls, financial reporting and foundation accounting
  • Detail oriented with the self-initiative to drive projects to conclusion
  • Excellent time management and organization skills with a demonstrated ability to meet deadlines and keep the Controller updated on progress
  • Demonstrated ability to effectively communicate verbally and in writing with all organization levels, including internal/external management
  • Ability to maintain good working relationships with operating personnel who have varying levels of business acumen and financial literacy
  • At least 2 years of direct supervisory experience
  • Demonstrated ability to lead and develop high-performing teams

Other Duties:

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job.  Duties, responsibilities and activities may change at any time with or without notice.

Additional Information:

We offer a great work environment, competitive rates and excellent benefits, including:

  • Medical/Dental/Vision plans
  • 401 (k)
  • Vacation/Personal/Holiday/Sick Time Off
  • Short & Long Term Disability
  • Basic Life & Accidental Death Insurance
  • Tuition Reimbursement
  • Health Care/Dependent Care Flexible Spending Accounts
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