Financial Operations Director

6 days ago


New York, New York, United States Swedish Institute Inc Full time
Business Manager Job Description

About Atelier Esthetique Institute:

We are a renowned and respected institution in the field of skin care and esthetics training, preparing graduates for New York State licensure as estheticians and providing continuing education courses for licensed professionals.

About the Business Manager Position:

We seek a full-time Business Manager for our New York City campus. The successful candidate will maintain all financial records and work directly with the Chief Operating Officer.

Job Responsibilities:

  1. Create and manage all financial data, including accounts receivable, federal funds, and payroll.
  2. Work with the Accounting Department to process student payments, tuition fees, and clinic services.
  3. Manage and track financial aid disbursements and post accordingly in accounting software.
  4. Process physical bank deposits for cash payments.
  5. Manage and process payables in accounting software, generating payments and performing journal entries as required.
  6. Perform biweekly payroll processing and maintain additions, updates, and changes.
  7. Maintain student accounts, working with staff on additions, changes, re-enrolls, and withdrawals.
  8. Reconcile posting between accounting software and student information systems.
  9. Calculate quarterly sales tax based on retail sales.
  10. Maintain and reconcile cash drawer and petty cash.
  11. Work with the COO on monthly closing procedures and provide relevant data and reports.

Requirements:

  • A minimum of 10 years' experience in bookkeeping/accounting, preferably in a higher education environment.
  • An eye for detail, ability to meet deadlines, and exceptional organizational skills.
  • A strong working knowledge of Microsoft Excel, Word, and accounting software such as Microsoft Dynamics 365.

Compensation:

The estimated salary for this position is $75,000-$85,000 per year, commensurate with qualifications and experience.



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