Business Manager
Overview of Business Manager
Purdue University Northwest is seeking a Business Manager to join our Managerial Accounting Office. The Managerial Accounting Office is responsible for coordinating the business aspects of the university’s academic departments, colleges, and administrative units. This position has the flexibility to work in a hybrid work environment by working mostly remote as well as on campus.
Salary: $56,000
Duties and Responsibilities of Business Manager
- Provide guidance to departments regarding financial activities
- Ensure transactions are entered accurately, timely and efficiently
- Provide support related to review and analysis of available funds
- Interpret, administer and communicate University policies and procedures to departments
- Working knowledge of Purdue financial and business policies and procedures and develop and implement departmental policies and procedures to implement these rules
- Responsible for fiscal authority including, but not limited to: review and approval of purchases to ensure compliance with University policy and procedures, State and Federal regulations and any other agency guidelines
- Review allow ability, allocability, reasonableness and funds availability
- Provide interpretation and training related to financial systems and guidelines
- Prepare, review and edit Cash Handling Plan when necessary
- Accurately prepare, analyze and explain financial reports to department heads on a monthly basis, or more frequently if requested
- Financial reports include, but are not limited to, Budget vs Actual, Income and Expense, Trend Analysis, Breakeven Analysis and Budget Projections
- Supervise fund level management of accounts and advise Deans and Directors on establishing and adhering to area budgets
- Responsible for direct preparation of monthly, quarterly, and annual financial reports and projections
- Work closely with Director of Managerial Accounting and department heads in development and managing departmental budgets
- Prepare financial reports to support long range departmental financial planning forecasts
- Develop budget recommendations for general or restricted funds
- Determine the need for and prepare transfer documents when necessary
- Perform other duties as assigned
Benefits of Business Manager
- Full benefits – Medical, Dental, Vision, Short Term Disability, Retirement, Life Insurance and more
- Accrue 15 days’ vacation your first year, then 22 days’ vacation your 2nd year plus rollover
- University contribution of 10% to retirement (3 year waiting period)
- University contributions to Health Savings Account – Plus a chance to earn more through participating in University Wellness Initiatives
- 10 paid holidays
- Employee Wellness Programs
- Paid Parental Leave after one year of service
- Tuition remission for you, your spouse and dependent children at any Purdue campus
Education of Business Manager
Bachelor’s degree in Accounting or related field required
Experience of Business Manager
Two years' business, accounting, payroll, or other related experience is required. Higher Education experience is preferred.
Core Competencies of Business Manager
- Ability to analyze, interpret, communicate, & adhere to University policies, procedures, rules & regulations
- Ability to organize & prioritize multiple tasks & produce high quality work with attention to detail
- Understanding of business/fiscal policies & procedures including Generally Accepted Accounting Practices regulations & standard needed
- Demonstrated knowledge of PC software including word processing, spreadsheets, data query, & Internet required
- Must have proficiency in budgeting, financial analysis, problem solving, organizational, customer service, & communication skills
- Must have ability to build relationships among a diverse workforce at all levels
- Possess a learning orientation to changing technology impacting business processes
- Experience utilizing SAP desired
Additional Information
Purdue will not sponsor employment authorization for this position. Professional references will be verified prior to any offer of employment. Employment is contingent upon completion of successful background check along with a motor vehicle records check if applicable. Purdue University Northwest is an equal opportunity/equal access university.
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