About this role
Thank you for considering a career with the Research Foundation of The City University of New York (RFCUNY).
The team at RFCUNY is made up of dedicated, talented professionals committed to providing the services that allow CUNY researchers, faculty, and staff to focus on their intellectual curiosity and scientific discoveries.
We are pleased that you are interested in exploring opportunities to join RFCUNY.
Primary Location:
RESEARCH FOUNDATION OF C.U.N.Y.
Bargaining Unit:
Yes
SUMMARY:
Reporting to the Senior Associate Controller, the successful incumbent will be responsible for performing ongoing Accounts Receivable functions, assisting with the drawdown of sponsor awards and providing assistance with for other finance procedures where needed. The position includes the following duties:
RESPONSIBILITIES:
- Prepare and upload reconciled incoming wires and checks to the General Ledger daily.
- Processing letter of credit drawdowns daily. Verify accounts are in deficit and track the drawdowns on a shared worksheet.
- Prepare and email the Consolidated Cash for All Entities from different financial institutions with RFCUNY accounts.
- Work closely with Grants & Contracts to ensure that funds are properly drawn down and returned in a timely manner for unspent funds.
- Assign pending receipts to the appropriate account and provide reports on uncoded receipts (Receipts Pending.) Forward unidentified receipts monthly to members of RFCUNY staff that administer relevant accounts.
- Create Journal Entries for Class Events in the Event Management System and perform Bank Account Reconciliation for fee account.
- Communicate with Professor/Teacher holding classes in Event Management and related Grants and Contracts Administrator for project at RFCUNY.
- Create Journal Entries to remove items from unapplied cash to move to correct account.
- Reconcile Events Management fees bank account monthly.
- Inform administrators of receipts to code appropriately.
- Work to identify the unidentified receipts requiring research and communication with schools and possibly efforts to determine who the payor is and communicate with payor.
- Research documents for Financial Audits
- Other duties and special projects assigned to support the Finance Department.
QUALIFICATIONS:
- BA/BS degree in accounting, finance or related degree and two years of work experience or a high school degree and 7 years of applicable work experience.
- Ability to exercise good judgment, work independently, and meet strict deadlines.
- Excellent communication skills, both written and verbal.
- Strong analytical and organizational skills.
- Knowledge of computer applications (Spreadsheets/word processing).
- Ability to work well in a (50%) hybrid setting, while understanding team dynamics and deadlines.
Pay Range:
$71,518.76-$95,139.64
RFCUNY Benefits
RFCUNY Employee Benefits and Accruals (link to https://www.rfcuny.org/RFWebsite )
About 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
The Research Foundation of the City University of New York is an Equal Opportunity/Affirmative Action/Americans with Disabilities Act/E-Verify Employer. It is the policy of the Research Foundation of CUNY to provide equal employment opportunities free of discrimination based on race, color, age, religion, sex, pregnancy, childbirth, national origin, disability, marital status, veteran status, sexual orientation, gender identity, genetic information, marital status, domestic violence victim status, arrest record, criminal conviction history, or any other protected characteristic under applicable law.