"Business Manager, Central Units"

Position Summary

Rutgers, The State University is seeking a Business Manager within the Financial Planning, Analysis and Budget department, the central budget office for the university. Reporting to the Assistant Vice President of University Financial Planning, Analysis and Budget, this position plays a pivotal role in all aspects of budget management and development for the university's central administrative divisions, including but not limited to Academic Affairs, Development and Alumni Relations, the Division of the President, Government Relations, General Counsel, Institutional Planning and Operations, Office of Research, Office of Information Technology, University Finance & Administration, and University Human Resources. This position operates within the broader Financial Planning and Analytics organization, which is led by the Vice President for Financial Planning and Analytics – Chief Budget Officer.

Among the key duties of this position are the following:

• Prepares the consolidated budgets for the central unit and, where applicable.
• Develops budgets for divisions without dedicated business managers, while collaborating with business managers in divisions that have dedicated finance leads.
• Reviews budget estimates and proposals for completeness and accuracy, monitoring expenditures against approved budgets, and providing detailed variance analyses with recommendations for corrective actions.
• Collaborates on the development and implementation of the department's annual budget calendar.
• Establishes templates and guidelines for budget preparation.
• Ensures consistent application of standard processes for budgeting, forecasting, and maintaining financial documentation.
• Produces routine and ad hoc reports for senior leadership, including the VP for Financial Planning and Analytics – Chief Budget Officer.
• Facilitates meetings to review financial performance and strategic priorities, as the primary point of contact for budget development and forecasting.
• Ensures that all financial files and methodologies are documented and maintained for audit readiness and compliance purposes.
• Collaborates with leadership across multiple units to align financial planning with the university's mission and long-term goals, providing expertise in both short-term and long-term strategic financial planning.
• Supports special projects and emerging initiatives, requiring a broad understanding of the university's fiscal objectives and the ability to adapt to evolving priorities.
• Exercises sound judgment, maintains confidentiality, and demonstrates strong analytical and communication skills to effectively manage complex financial processes and deliver actionable insights that support decision-making at the highest levels of the institution.
• Handles both short-term and long-term strategic budget and financial planning.
• Provides support for ad hoc projects as assigned.

Minimum Education and Experience

• Bachelor's degree preferably in finance, accounting, business administration, or a related field.
• Minimum of 7 years of progressively responsible experience in budget and financial management, preferably in higher education or a complex nonprofit organization.

Physical Demands and Work Environment

• Prolonged computer utilization and long periods in sedentary positioning.
• Availability to work occasional evenings and/or weekends as the work product demands.

Special Conditions

• This position may be eligible for a hybrid work arrangement, subject to approval and operational needs. A regular on-site presence of at least three (3) days per week is required, with additional on-site days as needed. Employees approved for a hybrid work arrangement must reside in NJ, NY, PA or DE and be within a commutable distance of the university.
• Multiple (2) openings.