Business Manager III
Position Summary:
Rutgers, The State University of New Jersey is seeking a Business Manager III for the School of Environmental and Biological Sciences. The Business Manager III reports directly to the SEBS/NJAES Business Service Center.
Among the key duties of the position are the following:
- Monitors the fiscal integrity of all assigned funding sources for the School of Environmental & Biological Sciences and the New Jersey Agricultural Experiment Station.
- Oversees the payroll, general ledger, and project sub‐ledger reconciliations for assigned units.
- Reviews and documents variance analyses monthly, quarterly, and at the fiscal year‐end for assigned departments.
- Ensures all functions are performed accurately and thoroughly, within appropriate and relevant deadlines, and in compliance with all applicable policies and processes.
- Oversees budget and finances, procurement, payroll management, grant administration, accounting, travel and expense reimbursement, and financial reporting.
- Acts as a critical resource and advisor to unit Directors and faculty, developing an administrative team to provide excellent support to the faculty and staff of the departments.
- Submits the Federal Financial Report (SF-425) for Federal Capacity programs, including Hatch, Multi-State, McIntire-Stennis, Smith-Lever, Expanded Food & Nutrition, and Renewable Resources Extension, funded by the United States Department of Agriculture – National Institute of Food and Agriculture (USDA-NIFA).
- Works closely with the Rutgers University Research Financial Services to ensure that the letter of credit (drawdowns) align with actual expenditures for each Research Program.
- Manages over $4 million in Turf & Fruit and Vegetable Royalty and Patent programs for the New Jersey Agriculture Experiment Station Research.
- Performs responsibilities such as monthly reconciliation, monitoring revenue and expenses, and processing payments to inventors accurately and promptly in accordance with contractual requirements.
- Maintains a database containing all contract terms, including rights and addresses.
- Serves as a liaison to the University's Office of Research Commercialization.
- Manages 1.9M County Clearing programs, including monthly payroll and expenses reconciliation for 19 counties' personnel, generating quarterly billing/invoices, and tracking payments received from the counties.
- Prepares employee charging instructions when needed.
- Prepares the annual budget and forecast.
- Analyzes and reviews financial data.
- Prepares financial statements and reports for both internal and external purposes.
- Resolves a diverse range of problems with a comprehensive understanding of accounting, in accordance with Generally Accepted Accounting Principles (GAAP), applicable regulations, and University policies and procedures.
Minimum Education and Experience:
- Bachelor's degree in accounting, finance, business administration, or a related field and five years of relevant experience in a financial/accounting function, or an equivalent combination of education and experience that fully demonstrates knowledge and understanding of generally accepted accounting principles and practices.
Equipment Utilized:
Utilizes Oracle Financial Management system, Tableau, Human Capital Management System, Microsoft (Excel-advanced use of financial modeling, data analysis, and reporting, Word, and PowerPoint.
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