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Business Operations Manager
4 weeks ago
The Business Manager for InsideHigherEd will be responsible for overseeing all financial aspects of the organization, including budgeting, financial statements, and fiscal planning. This role will also involve managing purchase orders, vendor payment processing, and ensuring compliance with financial rules and regulations.
Essential Responsibilities:
- Manage all financially related business matters for InsideHigherEd, including accounting, budgeting, and financial management.
- Ensure that all business and financial guidelines are in full compliance with the university and state guidelines and policies.
- Implement internal control policies and procedures to support cash/revenue collection, account requirements, and financial reporting.
- Supervise the maintenance of all accounting records and reconcile and balance all accounts with the statement of accounts.
- Assist in the preparation of the annual departmental budget and act as the primary contact person for all budget and accounting questions.
- Work closely with the Foundation Board Finance Committee to monitor finances and ensure transparency for the Board.
- Prepare annual financial reports for all departmental accounts.
- Serve as liaison with the university financial accounting department and meet regularly to discuss current business and accounting issues.
- Coordinate annual internal audits and assist auditors with their examination of departmental records.
- Perform statistical analysis and make projections to assist in making physical plan studies of resources and conditions.
Required Qualifications:
- Bachelor's degree in Accounting, Business, Finance, or a related field from an accredited institution of higher education.
- 3-5 years of administrative experience in a university environment, preferably in financial accounting.
Knowledge, Skills, and Abilities:
- Knowledge of GAAP (Generally Accepted Accounting Principles)
- Knowledge of the principles of Institutional Advancement Administration
- Knowledge of applicable Federal, State, and University laws and regulations
- Ability to network and interact with key groups and individuals
- Ability to manage multiple tasks and prioritize work
- Oral/written communication, presentation, and interpersonal skills
- Knowledge of software such as Blackbaud, Quickbooks, PeopleSoft, spreadsheets, and word processing
- Skill in operating standard office equipment