Professional Area: Employment Category: Fulltime Staff Job Function: Accounting and FinancialWage Band: 118A
Department/College Description F&A; Controller's Office Shared Service Center
Detailed Job Description
Perform a wide-range of cost accounting activities utilizing the Avanti Print MIS system, including: analyze changes in product design, raw materials, manufacturing methods and/or services provided, to determine effects on cost; analyze actual manufacturing costs and prepare periodic reports comparing standard to actual production costs; record cost information for use in controlling expenditures; work with management to determine the most appropriate methodology to allocate overhead costs to production units; prepare estimates of new and proposed product costs; and,prepare reports for management with factors effecting prices and profitability of products and services.
For month-end and year-end close, prepare journal entries to record in the general ledger cost of goods sold, chargebacks, revenue and expense accruals, deferred income, shared resource transfers, and cost allocations.
Analyze financial reporting for The Hub business units including:
Review monthly department statements for accuracy; reconcile to the department's records and resolve any identified issues.
Monitor general ledger accounts for accuracy and completeness and prepare monthly reconciliations including inventory, deferred income and capital projects. Prepare journal entry corrections if required.
Prepare budget-to-actual year-end projections at the end of each fiscal quarter.
Meet monthly with management to review results and obtain certifications.
Immediately following the month-end close, prepare the monthly dashboard reporting with key operating metrics including labor ratios, cost of goods, inventory turns, inventory to sales ratios, gross profit/loss and net profit/loss etc. Analyze results, summarize trends and provide information to management for use in making business decisions.
Manage the accounts receivable function including amounts due from RIT internal and external customers. Prepare monthly department chargeback journal entries and invoices for external customers. Respond to questions received from departments and other customers.
Assist with preparation the annual operating budget.
Required Minimum Qualifications
BS in Accounting required, MBA or CPA preferred. Five to six years experience required or an equivalent combination of education and related experience.
Excellent communication skills, both written and oral, and be able to interact with both external customers and internal team members with professionalism.
Strong analytical skills, attention to detail and time management skills required.
Ability to deliver results in a fast-paced environment; understand the various risks the organization faces and recommend practical and effective solutions.
Work independently with minimal supervision and exercise professional judgment in carrying out all assigned responsibilities.
Preferred Qualifications Preference given to individuals who have worked in a production/manufacturing environment; experience with development and analysis of cost standards preferred. Strong PC and MS Excel skills and familiarity with Oracle or another enterprise-wide financial application required. Demonstrated experience developing processes, procedures and documentation preferred.
Required Application Documents Cover Letter, Curriculum Vitae or Resume
How to Apply In order to be considered for this position, you must apply for it at: http://careers.rit.edu/staff. Click the link for search openings and in the keyword search field, enter the title of the position or the BR number.
Additional Details The hiring process for this position may require a criminal background check and/or motor vehicle records check. Any verbal or written offer made is contingent on satisfactory results, as determined by Human Resources. RIT does not discriminate. RIT promotes and values diversity, pluralism and inclusion in the work place. RIT provides equal opportunity to all qualified individuals and does not discriminate on the basis of race, color, creed, age, marital status, sex, gender, religion, sexual orientation, gender identity, gender expression, national origin, veteran status or disability in its hiring, admissions, educational programs and activities. RIT provides reasonable accommodations to applicants with disabilities under the Rehabilitation Act, the Americans with Disabilities Act, the New York Human Rights Law, or similar applicable law. If you need reasonable accommodation for any part of the application and hiring process, and you wish to discuss potential accommodations related to your application for employment at RIT, please contact the Human Resources office at 585-475-2424 or email your request to Careers@rit.edu.
Rochester Institute of Technology, the 10th largest private university in the U.S., is among the worlds leading technological universities. Its 18,000 undergraduate and graduate students from all 50 states and more than 100 countries are enrolled in over 200 academic programs, including 7 interdisciplinary Ph.D. programs. A pioneer in experiential education, RIT was the first to offer undergraduate degree programs in biotechnology, information technology, software engineering, and microelectronic engineering. As home to the National Technical Institute for the Deaf, the university offers unparalleled academic opportunities and services for the deaf and hard-of-hearing. Founded in 1829, RIT has 115,000 alumni throughout the United States and around the world. RIT has been named by the Chronicle of Higher Education as one of the Great Colleges to Work For. RIT is a National Science Foundation ADVANCE Institutional Transformation site, and is responsive to the needs of dual-career couples through the Upstate NY Higher Education Recruitment Consortium. For more information, visit www.rit.edu/overview/rankings-and-recognition and www.rit.edu.
As a member of the RIT community employees receive a well-balanced benefits package that offers a variety of choices and access to additional employment advantages. These benefits, combined with an employees pay, provide a total compensation package that can be tailored to meet your needs. More on RITs Benefits, Health & Wellness program can be found at: https://www.rit.edu/fa/humanresources/content/benefits-health-and-wellness
RIT does not discriminate. RIT is an equal opportunity employer that promotes and values diversity, pluralism, and inclusion. For more information or inquiries, please visit RIT/TitleIX or the U.S. Department of Education at ED.Gov
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THE UNIVERSITY AND ROCHESTER COMMUNITY:RIT is a national leader in professional and career-oriented education. Talented, ambitious, and creative students of all cultures and backgrounds from all 50 states and more than 100 countries have chosen to attend RIT. Founded in 1829, Rochester Institute of Technology is a privately endowed, coeducational university with nine colleges emphasizing career education and experiential learning. With approximately 15,000 undergraduates and 2,900 graduate students, RIT is one of the largest private universities in the nation. RIT offers a rich array of degree programs in engineering, science, business, and the arts, and is home to the National Technical Institute for the Deaf. RIT has been honored by The Chronicle of Higher Education as one of the “Great Colleges to Work For” for four years. RIT is responsive to the needs of dual-career couples by our membership in the Upstate NY HERC.Rochester, situated between Lake Ontario and the Finger Lakes region, is the 79th largest city in the United States and the third largest metropolitan area in New York State. The Greater Rochester region, which is home to over one million people, is rich in cultural ...and ethnic diversity, with a population comprised of approximately 16% African and Latin Americans and another 7% of international origin. It is also home to the largest deaf community per capita in the U.S. Rochester ranks 3rd among the best metropolitan regions for “raising a family" by Forbes Magazine; 6th among 379 metropolitan areas as “Best Places to Live in America” by Places Rated Almanac; 1st in Expansion Management Magazine’s ranking of metropolitan areas having the best “quality of life in the nation”; and is among Essence Magazine’s “Top 10 Cities for Black Families.”