Associate Business Manager
Overview
Responsible for providing financial information through analysis and reporting to support decision-making. Works with management to identify risks and trends, recommending improvements to systems, methods, practices, policies, and procedures. Duties include analyzing expenditure data, generating financial reports, managing claims, coordinating insurance, and ensuring compliance with regulations.
This is an entry-level position with a starting salary of $50k -$55k
Required Skills and Abilities
- Excellent interpersonal, communication, and organizational skills.
- Strong analytical skills with the ability to manage multiple tasks and priorities.
- Ability to solve problems using critical thinking skills and work effectively within a team environment.
- Proficient in Microsoft Office, particularly Excel, Word, and Outlook.
- Ability to handle confidential information with discretion and ensure accuracy in reporting.
Preferred Skills and Abilities
- Experience with medical billing and claims, including understanding medical terminology.
- Previous experience with Workday or similar enterprise management software.
- Knowledge of university policies and practices, particularly regarding faculty appointments and compensation.
- Advanced skills in financial modeling and proficiency in Power BI or similar tools.
- Five or more years of business or administrative work experience.
Principal Responsibilities
- Financial modeling and forecasting: Provides first level analysis to determine present and future financial performance. Organizes information from a variety of sources for use in analyzing future plans and forecasts. Collaborates with all levels of management, both internally and externally, to gather, analyze, summarize, prepare, and present recommendations regarding financial activities. Researches information to help resolve issues and make recommendations.
- Financial analysis and reporting: Analyzes information and creates accurate and timely reports. Ensures financial reporting meets the compliance needs of internal and external users. Extracts data from multiple sources.
- Financial methods and systems: Consults with Director to recommend methods to improve practices, processes and systems. Works with internal and external contacts to carry out department objectives. Provides a high level of service that cultivates and maintains strong working relationships and effectively communicates information appropriate to level; takes ownership and accountability for timeliness, accuracy and relationship management.
- Strategic Department Resource: Provides staff support in translating unit finance objectives into priorities. Reports financial issues and risks and may make recommendations. Where appropriate will contact appropriate stakeholders to include in communications and approvals.
- Compliance and risk management: Assists in establishing, implementing and/or maintaining strong internal controls in areas of assigned responsibility to provide reasonable assurance of effective and appropriate resources use, accurate financial information, and adherence to contractual obligations and agreements, policies, procedures, and external regulatory requirements.
- May perform other duties as assigned.
Required Education and Experience
Bachelor's degree and 1 year of experience or an equivalent combination of education and experience.
Salary Range
$55,000.00 - $85,000.00
Working at Yale means contributing to a better tomorrow. Whether you are a current resident of our New Haven-based community- eligible for opportunities through the New Haven Hiring Initiative or a newcomer, interested in exploring all that Yale has to offer, your talents and contributions are welcome. Discover your opportunities at Yale!
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