Business Manager 1

UNC-Chapel Hill • Chapel Hill, NC

2d

About The Position

The Business Manager 1 serves departments in the School of Medicine as part of the SOM Finance & Business Operations Service Center, providing direction and consultation on complex financial management issues. The position participates in reviewing finance and research business processes and funding issues, with a focus on contracts and grant reporting and ensuring funds are used correctly.

The Business Manager analyzes financial reports, monitors contracts and grants data and expenditures, and oversees annual budget reviews for all clinical departments. The work involves preparing and executing various budget types and all-funds budgets across numerous accounts and reporting formats. The position oversees Budget Analysts responsible for financial transactions involving state funds and receipts, facilities and administration, contracts and grants, gifts, and other institutional trust funds.

The role exercises judgment in selecting funding sources and managing departments’ shares of annual financial commitments. Drawing on knowledge of clinical department programs and practices, the Business Manager guides, directs, and coaches unit employees on complex issues. The position identifies and resolves financial mismanagement and unfavorable trends, potentially by designing or modifying accounting procedures or systems.

Annual budget reviews involve gathering five years of data and preparing projections for the current and next fiscal years. The Business Manager evaluates financial stability, allocations, spending, carryover, and faculty funding or one-time payments, and examines faculty funding and sends reports to assigned units.

Requirements

• Excellent problem-solving, analytical thinking, decision-making, customer service, communication, negotiating, and consulting skills.
• Experience preparing and executing various budget types, including projecting and forecasting.
• Excellent Excel skills.
• Knowledge and experience with the financial aspects of clinical trials and contracts and grants.

Nice To Haves

• Experience with PeopleSoft.
• University and/or health care experience.

Responsibilities

• Provide direction and consultation to assigned departments on complex financial management issues.
• Participate in reviewing finance and research business processes and funding issues.
• Focus on contracts and grant reporting and help ensure funds are utilized correctly.
• Analyze financial reports, monitor contracts and grants data, and analyze expenditures.
• Oversee and perform annual budget reviews for all clinical departments.
• Prepare and execute various budget types and all-funds budgeting across accounts and reporting formats.
• Oversee Budget Analysts responsible for financial transactions from diverse funding sources.
• Select funding sources and manage departments’ portions of financial commitments distributed to units annually.
• Guide, direct, and coach unit employees on practices and interpretations involving complex issues.
• Identify and resolve financial mismanagement and unfavorable trends, including by designing or modifying accounting procedures or systems.
• Gather five years of data and prepare projections for the current and next fiscal years as part of budget reviews.
• Assess financial stability, allocations, spending, carryover, and faculty funding or one-time payments.
• Examine faculty funding and send reports to assigned units.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed