Business Manager III

Rutgers University

United States, New Jersey, Newark

Nov 21, 2024

Position Details

Position Information

Recruitment/Posting Title	Business Manager III
Job Category	Staff & Executive - Administrative & Support
Department	Newark Chancellor's Office
Overview
Posting Summary	Rutgers University-Newark (RU-N), an urban public research university and anchor institution, located in Newark, New Jersey, a city of promise is seeking a Business Manager III. The Newark Chancellor's Budget and Finance department, led by the Assistant Vice Chancellor for Budget & Financial Planning, reports to the Senior Vice Chancellor for Administration, Economic Development and CFO of the Newark Campus. The department provides business operations support to multiple departments reporting to the Newark Chancellor as well as direct business support to the Office of the Newark Chancellor. The Business Manager will report to the Senior Director. This position is responsible for and not limited to the following: Review and approve business transactions including requisitions, expense reports, general ledger adjustments and payroll commitment accounting instructions for multiple departments as assigned by the Senior Director, with a focus on the Honors Living Learning Community. The Business Manager will have broad discretion to approve or reject transactions based on compliance with university policies and procedures. Establish positive relationships with the administrative staff in the departments he/she oversees, ensuring adherence to university policy and communication of changes in policies or procedures. Provide training to new staff on department specific GL and project codes and will ensure that they have appropriate access to university business systems needed to perform their job responsibilities. Perform monthly reconciliations of department payroll distribution, outstanding commitment reports, and transaction reports. Analyze reports and assist departments with the interpretation of financial data. Ensure department adherence to budget. Responsible for projects as assigned related to implementation of Newark wide processes such as annual department budget preparation, forecasting, effort certification, and financial reporting. Maintain positive relationships with department administrative staff, program coordinators, directors, managers, and the Vice Chancellors in the Newark Chancellor's Office. Exercise good judgement and tact in resolving a diverse range of issues. Maintain a high level of professionalism while providing very precise, conscientious attention to details and have the ability to multi-task.
Position Status	Full Time
Hours Per Week
Daily Work Shift	Day
Work Arrangement	Consistent with the current application of Rutgers Policy 60.3.22, this position may be eligible for a hybrid work arrangement. The flexible work arrangements outlined in Rutgers Policy 60.3.22 are part of a pilot program that is effective September 1, 2022 through August 31, 2024. Therefore, there is no guarantee that this flexible work arrangement will continue beyond that date. Flexible work arrangements are not permanent, are subject to change or cancellation and contingent on the employee receiving approval in the FlexWork@RU Application System. Additional information may be found at https://futureofwork.rutgers.edu.
FLSA	Exempt
Grade	06
Position Salary
Annual Minimum Salary	75382.00
Annual Mid Range Salary	93917.00
Annual Maximum Salary	112452.00
Standard Hours	37.50
Union Description	URA-AFT Administrative
Payroll Designation	PeopleSoft
Benefits	Rutgers offers a comprehensive benefit program to eligible employees. For details, please go to http://uhr.rutgers.edu/benefits/benefits-overview.
Seniority Unit
Terms of Appointment	Staff - 12 month
Position Pension Eligibility	ABP

Qualifications

Minimum Education and Experience	Requires a bachelor's degree, preferably in accounting, finance, business administration, or a related field ; or an equivalent combination of education and/or experience that demonstrates comprehensive knowledge and understanding of general accounting principles and practices. Also requires a minimum of five years of related professional experience in a finance or accounting function, preferably in a leadership or managerial role of increasing responsibility.
Certifications/Licenses
Required Knowledge, Skills, and Abilities	This position also required excellent communication skills, and computer literacy. Master's degree preferred. Demonstrated analytical skills that allow for interpretation of budgetary, financial, and related management information. Excellent attention to detail with a high degree of accuracy. Excellent computer skills and experience using spreadsheet, charting, and other software tools, such as Microsoft Word, Excel, PowerPoint. Must be expert in the use of pivot tables and other advanced spreadsheet tasks. Strong writing skills sufficient to draft professional reports and correspondence that is clear and concise. The successful candidate will have the ability to exercise good judgment and discretion, especially with regards to sensitive or confidential financial or organizational matters and respond flexibly and positively in all circumstances, and to work calmly under pressure. He or she must also be able to work cooperatively with people from all levels in the University. Requires strong understanding of business and accounting principles, strong communication skills, and ability to interpret complex policies and procedure.
Preferred Qualifications	Experience with Oracle Cloud Financials, PeopleSoft, Hyperion, and Marketplace Procurement systems preferred. Advanced excel skills proficiency preferred.
Equipment Utilized
Physical Demands and Work Environment
Special Conditions

Posting Details

Posting Number	24ST2245
Posting Open Date	10/02/2024
Special Instructions to Applicants
Regional Campus	Rutgers University-Newark
Home Location Campus	Rutgers University-Newark
City	Newark
State	NJ
Location Details

Pre-employment Screenings

All offers of employment are contingent upon successful completion of all pre-employment screenings.

Immunization Requirements

Under Policy 100.3.1 Immunization Policy for Covered Individuals, if employment will commence during Flu Season, Rutgers University may require certain prospective employees to provide proof that they are vaccinated against Seasonal Influenza for the current Flu Season, unless the University has granted the individual a medical or religious exemption. Additional infection control and safety policies may apply. Prospective employees should speak with their hiring manager to determine which policies apply to the role or position for which they are applying. Failure to provide proof of vaccination for any required vaccines or obtain a medical or religious exemption from the University will result in rescission of a candidate's offer of employment or disciplinary action up to and including termination.

Affirmative Action/Equal Employment Opportunity Statement

It is university policy to provide equal employment opportunity to all its employees and applicants for employment regardless of their race, creed, color, national origin, age, ancestry, nationality, marital or domestic partnership or civil union status, sex, pregnancy, gender identity or expression, disability status, liability for military service, protected veteran status, affectional or sexual orientation, atypical cellular or blood trait, genetic information (including the refusal to submit to genetic testing), or any other category protected by law. As an institution, we value diversity of background and opinion, and prohibit discrimination or harassment on the basis of any legally protected class in the areas of hiring, recruitment, promotion, transfer, demotion, training, compensation, pay, fringe benefits, layoff, termination or any other terms and conditions of employment. For additional information please see the Non-Discrimination Statement at the following web address: http://uhr.rutgers.edu/non-discrimination-statement