Finance Fellow

Job Overview

NJCC seeks a qualified individual to support its Finance Department in various accounting activities. NJCC is implementing a new accounting standard, completing year-end financial statements, supporting the year-end audit, and documenting procedures. The Finance Fellow may also assist the Finance Department with a variety of other tasks and projects as they arise.

Responsibilities

Initially, the Finance Fellow will assist with reviewing lease documents related to the implementation of ASC 842. Intermittently, the Finance Fellow will assist with collecting financial statements and audit-related documentation. Afterward, the Finance Fellow will work with various members of the Finance Department to help document procedures related to such areas as accounts payable, accounts receivable, payroll, cash management, banking, month-end closings, internal financial reporting, external financial reporting, etc.

• Working closely with the Assistant Controller for the implementation and continuation of the ASC 842 Lease Accounting Standard
• Reviewing the general ledger and real estate subledger to ensure leases are properly recorded
• Analyze rent roll from the real estate subledger to ensure accuracy and completeness of rental income, rent receivable, escrow balances and prepaid rent
• Observing and documenting procedures/internal controls within the Finance Department by shadowing various Finance employees
• Interviews and discussions with all NJCC departments to gain an understanding of the interactions, interdependencies, and sharing of information throughout the organization
• Assessment of the adequacy of existing financial policies and procedures to ensure accurate, efficient and timely recording of transactions
• Identification of areas where new policies and procedures are needed
• Internet research to find “best practice” policies that can be adapted for NJCC

Qualifications

The ideal Finance Fellow candidate will be interested in accounting or financial management at complex, non-profit organizations and someone who also exhibits enthusiasm towards NJCC’s mission and vision. NJCC prefers a graduate student pursuing a degree in Accounting or Finance, but is open to considering highly skilled and experienced undergraduates in Accounting or Finance programs.

NJCC will give preference to candidates based on the following qualifications:

• Pursuing a graduate degree in Accounting or Finance
• Experience working in the Finance department of a small or mid-sized organization
• Familiarity with accounting standards for non-profit organizations
• Strong writing and research experience
• Effective interpersonal and analytical skills
• Ability to manage multiple projects and duties at once

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