Rutgers University
Business Manager I
Rutgers University, New Brunswick, New Jersey, us, 08933
Position DetailsPosition InformationRecruitment/Posting TitleBusiness Manager I
Job CategoryStaff & Executive - Finance/Accounting/Purchasing
DepartmentCINJ-Finance
OverviewThrough our science, our evidence-based actions, our openness, and our respect for those we serve, we will advance cancer-focused research worldwide and reduce the burden of cancer in our catchment area. By engaging with and empowering our exceptionally diverse populations, and addressing their questions and fears, we will engender hope for cancer patients and their families and play a critical role in strengthening the fabric of our communities by gaining and protecting their trust and providing access to the outstanding oncology care each person deserves.
Our mission is to accelerate scientific discovery focused on understanding cancer, innovating cancer treatment, and improving cancer prevention; to provide outstanding, novel, and compassionate patient care; to provide evidence-based and culturally informed education to physicians, nurses, researchers, staff, and the community; and to achieve cancer health equity in our state through outreach to and engagement of our extraordinarily diverse communities.
Curiosity and Discovery, Integrity, Collaboration, Cultivating Diversity, Respect and Caring, Perseverance.
Posting SummaryRutgers, The State University of New Jersey is seeking a Business Manager I for the Finance Department within the Rutgers Cancer Institute of New Jersey.
The primary purpose of the Business Manager I position is to oversee financial and management reporting, implement internal controls, ensure transactions are in accordance with GAAP and complies with regulatory requirements, manage billing and receivables to unrestricted revenue sources and donations, and perform fiscal control over certain expenses.
Among the key duties for this position are the following:
Creates effective work plans and works closely with staff by supervising and addressing their training needs to ensure competency in work performance and an understanding of financial reporting functions.Oversees the development and submission of accurate and timely monthly consolidated financial statements to RBHS, including reportable activity from the Rutgers Cancer Institute operations, Grants & Contracts, Robert Wood Johnson Medical Group, Rutgers Biomedical Health Sciences Plant Fund, Rutgers University Foundation, and other affiliates.Works across the finance department to update processes and procedures as needed due to changes in general ledger and financial reporting systems mandated by Rutgers University or the Rutgers Cancer Institute. Similarly ensures all new regulatory, generally accepted accounting principles (GAAP), University and Rutgers Cancer Institute requirements are met.Directs the development of regular and ad hoc management reports by fund source, section, division, or disease group including P&Ls, metrics and dashboards needed to effectively manage the Rutgers Cancer Institute financial affairs. As needed, prepares presentation materials for the Director of Finance Operations, Executive Director of Finance and CFO as well as Rutgers Cancer Institute and University senior leadership.Informs the Director of Finance Operation, Executive Director of Finance and/or Chief Financial Officer of issues requiring leadership attention such as negative trends, financial/compliance issues, significant budget variances and performance shortfalls.Oversees the accounting of consolidated Fund Balances and directs the reconciliation of monthly summarized ledger activity with reported fund transactions and balance in the monthly financial statements.Ensures that processes and systems are in place to maintain adequate internal controls, regulatory compliance, GAAP adherence, and accurate reporting in all areas of responsibility. This includes review of check requests, travel expense reports and purchase requisitions.Manages and monitors all financial aspects of the Integrated Practice Agreement (IPA) with Robert Wood Johnson Barnabas Health and related entities. Ensures compliance with all financial requirements of the agreement, works with partners at the health system and within the Institute to quickly resolve issues, ensures efficient processes and data exchanges, and coordinates analysis and activities as needed to ensure the Rutgers Cancer Institute is fully reimbursed for clinical expenditures in accordance with the terms of the agreement.
Position StatusFull Time
Hours Per Week
Daily Work Shift
Work ArrangementThis position requires a fully on-site work arrangement.
FLSAExempt
Grade30S
Position Salary
Annual Minimum Salary102186.00
Annual Mid Range Salary129264.00
Annual Maximum Salary156342.00
Standard Hours37.50
Union DescriptionMPSC - Legacy UMD
Payroll DesignationPeopleSoft
BenefitsRutgers offers a comprehensive benefit program to eligible employees. For details, please go to
http://uhr.rutgers.edu/benefits/benefits-overview .
Seniority Unit
Terms of AppointmentStaff - 12 month
Position Pension EligibilityABP
QualificationsMinimum Education and Experience
Bachelor's Degree in Accounting, Finance, Business Administration or a related field; plus four (4) years of related experience in financial reporting and systems, preferably in a health care/academic environment.Two (2) years of experience in personnel supervision and ability to supervise in a unionized environment.Equivalent education, experience and/or training may be substituted for the degree requirement.
Certifications/Licenses
Required Knowledge, Skills, and Abilities
Maintaining confidentiality is required.Must be computer literate with proficiency and working knowledge of financial database systems and reporting tools such as Microsoft Excel, Word, Access and PowerPoint.Effective oral and written communication skills.Outstanding human relations and leadership skills, the ability to function in a team environment and demonstrated knowledge of how to accomplish superior performance in a unionized environment.
Preferred Qualifications
Equipment Utilized
Physical Demands and Work Environment
PHYSICAL DEMANDS:
Standing, sitting, walking, talking and hearing. No special vision requirements. Lifting up to 25 lbs.WORK ENVIRONMENT:
Office environment. Moderate noise.
Special Conditions
Posting DetailsPosting Number24ST2351
Posting Open Date10/04/2024
Special Instructions to Applicants
Regional CampusRutgers Biomedical and Health Sciences (RBHS)
Home Location CampusDowntown New Brunswick
CityNew Brunswick
StateNJ
Location Details
Pre-employment ScreeningsAll offers of employment are contingent upon successful completion of all pre-employment screenings.
Immunization RequirementsUnder Policy 100.3.1 Immunization Policy for Covered Individuals, if employment will commence during Flu Season, Rutgers University may require certain prospective employees to provide proof that they are vaccinated against Seasonal Influenza for the current Flu Season, unless the University has granted the individual a medical or religious exemption. Additional infection control and safety policies may apply. Prospective employees should speak with their hiring manager to determine which policies apply to the role or position for which they are applying. Failure to provide proof of vaccination for any required vaccines or obtain a medical or religious exemption from the University will result in rescission of a candidate's offer of employment or disciplinary action up to and including termination.Affirmative Action/Equal Employment Opportunity StatementIt is university policy to provide equal employment opportunity to all its employees and applicants for employment regardless of their race, creed, color, national origin, age, ancestry, nationality, marital or domestic partnership or civil union status, sex, pregnancy, gender identity or expression, disability status, liability for military service, protected veteran status, affectional or sexual orientation, atypical cellular or blood trait, genetic information (including the refusal to submit to genetic testing), or any other category protected by law. As an institution, we value diversity of background and opinion, and prohibit discrimination or harassment on the basis of any legally protected class in the areas of hiring, recruitment, promotion, transfer, demotion, training, compensation, pay, fringe benefits, layoff, termination or any other terms and conditions of employment. For additional information please see the Non-Discrimination Statement at the following web address: http://uhr.rutgers.edu/non-discrimination-statement
Job CategoryStaff & Executive - Finance/Accounting/Purchasing
DepartmentCINJ-Finance
OverviewThrough our science, our evidence-based actions, our openness, and our respect for those we serve, we will advance cancer-focused research worldwide and reduce the burden of cancer in our catchment area. By engaging with and empowering our exceptionally diverse populations, and addressing their questions and fears, we will engender hope for cancer patients and their families and play a critical role in strengthening the fabric of our communities by gaining and protecting their trust and providing access to the outstanding oncology care each person deserves.
Our mission is to accelerate scientific discovery focused on understanding cancer, innovating cancer treatment, and improving cancer prevention; to provide outstanding, novel, and compassionate patient care; to provide evidence-based and culturally informed education to physicians, nurses, researchers, staff, and the community; and to achieve cancer health equity in our state through outreach to and engagement of our extraordinarily diverse communities.
Curiosity and Discovery, Integrity, Collaboration, Cultivating Diversity, Respect and Caring, Perseverance.
Posting SummaryRutgers, The State University of New Jersey is seeking a Business Manager I for the Finance Department within the Rutgers Cancer Institute of New Jersey.
The primary purpose of the Business Manager I position is to oversee financial and management reporting, implement internal controls, ensure transactions are in accordance with GAAP and complies with regulatory requirements, manage billing and receivables to unrestricted revenue sources and donations, and perform fiscal control over certain expenses.
Among the key duties for this position are the following:
Creates effective work plans and works closely with staff by supervising and addressing their training needs to ensure competency in work performance and an understanding of financial reporting functions.Oversees the development and submission of accurate and timely monthly consolidated financial statements to RBHS, including reportable activity from the Rutgers Cancer Institute operations, Grants & Contracts, Robert Wood Johnson Medical Group, Rutgers Biomedical Health Sciences Plant Fund, Rutgers University Foundation, and other affiliates.Works across the finance department to update processes and procedures as needed due to changes in general ledger and financial reporting systems mandated by Rutgers University or the Rutgers Cancer Institute. Similarly ensures all new regulatory, generally accepted accounting principles (GAAP), University and Rutgers Cancer Institute requirements are met.Directs the development of regular and ad hoc management reports by fund source, section, division, or disease group including P&Ls, metrics and dashboards needed to effectively manage the Rutgers Cancer Institute financial affairs. As needed, prepares presentation materials for the Director of Finance Operations, Executive Director of Finance and CFO as well as Rutgers Cancer Institute and University senior leadership.Informs the Director of Finance Operation, Executive Director of Finance and/or Chief Financial Officer of issues requiring leadership attention such as negative trends, financial/compliance issues, significant budget variances and performance shortfalls.Oversees the accounting of consolidated Fund Balances and directs the reconciliation of monthly summarized ledger activity with reported fund transactions and balance in the monthly financial statements.Ensures that processes and systems are in place to maintain adequate internal controls, regulatory compliance, GAAP adherence, and accurate reporting in all areas of responsibility. This includes review of check requests, travel expense reports and purchase requisitions.Manages and monitors all financial aspects of the Integrated Practice Agreement (IPA) with Robert Wood Johnson Barnabas Health and related entities. Ensures compliance with all financial requirements of the agreement, works with partners at the health system and within the Institute to quickly resolve issues, ensures efficient processes and data exchanges, and coordinates analysis and activities as needed to ensure the Rutgers Cancer Institute is fully reimbursed for clinical expenditures in accordance with the terms of the agreement.
Position StatusFull Time
Hours Per Week
Daily Work Shift
Work ArrangementThis position requires a fully on-site work arrangement.
FLSAExempt
Grade30S
Position Salary
Annual Minimum Salary102186.00
Annual Mid Range Salary129264.00
Annual Maximum Salary156342.00
Standard Hours37.50
Union DescriptionMPSC - Legacy UMD
Payroll DesignationPeopleSoft
BenefitsRutgers offers a comprehensive benefit program to eligible employees. For details, please go to
http://uhr.rutgers.edu/benefits/benefits-overview .
Seniority Unit
Terms of AppointmentStaff - 12 month
Position Pension EligibilityABP
QualificationsMinimum Education and Experience
Bachelor's Degree in Accounting, Finance, Business Administration or a related field; plus four (4) years of related experience in financial reporting and systems, preferably in a health care/academic environment.Two (2) years of experience in personnel supervision and ability to supervise in a unionized environment.Equivalent education, experience and/or training may be substituted for the degree requirement.
Certifications/Licenses
Required Knowledge, Skills, and Abilities
Maintaining confidentiality is required.Must be computer literate with proficiency and working knowledge of financial database systems and reporting tools such as Microsoft Excel, Word, Access and PowerPoint.Effective oral and written communication skills.Outstanding human relations and leadership skills, the ability to function in a team environment and demonstrated knowledge of how to accomplish superior performance in a unionized environment.
Preferred Qualifications
Equipment Utilized
Physical Demands and Work Environment
PHYSICAL DEMANDS:
Standing, sitting, walking, talking and hearing. No special vision requirements. Lifting up to 25 lbs.WORK ENVIRONMENT:
Office environment. Moderate noise.
Special Conditions
Posting DetailsPosting Number24ST2351
Posting Open Date10/04/2024
Special Instructions to Applicants
Regional CampusRutgers Biomedical and Health Sciences (RBHS)
Home Location CampusDowntown New Brunswick
CityNew Brunswick
StateNJ
Location Details
Pre-employment ScreeningsAll offers of employment are contingent upon successful completion of all pre-employment screenings.
Immunization RequirementsUnder Policy 100.3.1 Immunization Policy for Covered Individuals, if employment will commence during Flu Season, Rutgers University may require certain prospective employees to provide proof that they are vaccinated against Seasonal Influenza for the current Flu Season, unless the University has granted the individual a medical or religious exemption. Additional infection control and safety policies may apply. Prospective employees should speak with their hiring manager to determine which policies apply to the role or position for which they are applying. Failure to provide proof of vaccination for any required vaccines or obtain a medical or religious exemption from the University will result in rescission of a candidate's offer of employment or disciplinary action up to and including termination.Affirmative Action/Equal Employment Opportunity StatementIt is university policy to provide equal employment opportunity to all its employees and applicants for employment regardless of their race, creed, color, national origin, age, ancestry, nationality, marital or domestic partnership or civil union status, sex, pregnancy, gender identity or expression, disability status, liability for military service, protected veteran status, affectional or sexual orientation, atypical cellular or blood trait, genetic information (including the refusal to submit to genetic testing), or any other category protected by law. As an institution, we value diversity of background and opinion, and prohibit discrimination or harassment on the basis of any legally protected class in the areas of hiring, recruitment, promotion, transfer, demotion, training, compensation, pay, fringe benefits, layoff, termination or any other terms and conditions of employment. For additional information please see the Non-Discrimination Statement at the following web address: http://uhr.rutgers.edu/non-discrimination-statement