Business Manager, Units

Overview

Rutgers, The State University of New Jersey, is a leading national research university and the State of New Jersey's preeminent, comprehensive public institution of higher education. As one of the largest employers in the State of New Jersey, Rutgers University is committed not only to the students and the State that we serve, but also to the faculty and staff who work on our campuses.

Ranked in 2022 by Forbes as a top 100 best large employer in America,
Rutgers' commitment to its employees includes maintaining and fostering a safe, diverse, and respectful workplace environment, creating employment opportunities for our nation's military veterans, and ensuring accessibility and accommodation for individuals with disabilities.

University Finance and Administration (UFA) advances Rutgers' strategic priorities through the management of all central financial, administrative, and student information systems and processes. We supply the university's financial community the professional guidance, services, tools, and information needed to make the informed decisions that contribute to Rutgers' standing as an academic, health, and research powerhouse. We are deeply committed to our guiding principles and the core values that are critical for the long-term strategic growth of our division and the university.

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Rutgers, The State University is seeking a Business Manager within the Financial Planning, Analysis and Budget department, the central budget office for the university. Reporting to the Assistant Vice President of University Financial Planning, Analysis and Budget, this position plays a pivotal role in all aspects of budget management and development for the university's central administrative divisions, including but not limited to Academic Affairs, Development and Alumni Relations, the Division of the President, Government Relations, General Counsel, Institutional Planning and Operations, Office of Research, Office of Information Technology, University Finance & Administration, and University Human Resources.

This position operates within the broader Financial Planning and Analytics organization, which is led by the Vice President for Financial Planning and Analytics - Chief Budget Officer.

• Prepares the consolidated budgets for the central unit and, where applicable.
• Develops budgets for divisions without dedicated business managers, while collaborating with business managers in divisions that have dedicated finance leads.
• Reviews budget estimates and proposals for completeness and accuracy, monitoring expenditures against approved budgets, and providing detailed variance analyses with recommendations for corrective actions.
• Collaborates on the development and implementation of the department's annual budget calendar.
• Establishes templates and guidelines for budget preparation.
• Ensures consistent application of standard processes for budgeting, forecasting, and maintaining financial documentation.
• Produces routine and ad hoc reports for senior leadership, including the VP for Financial Planning and Analytics - Chief Budget Officer.
• Facilitates meetings to review financial performance and strategic priorities, as the primary point of contact for budget development and forecasting.
• Ensures that all financial files and methodologies are documented and maintained for audit readiness and compliance purposes.
• Collaborates with leadership across multiple units to align financial planning with the university's mission and long-term goals, providing expertise in both short-term and long-term strategic financial planning.
• Supports special projects and emerging initiatives, requiring a broad understanding of the university's fiscal objectives and the ability to adapt to evolving priorities.
• Exercises sound judgment, maintains confidentiality, and demonstrates strong analytical and communication skills to effectively manage complex financial processes and deliver actionable insights that support decision-making at the highest levels of the institution.
• Handles both short-term and long-term strategic budget and financial planning.
• Provides support for ad hoc projects as assigned.

Minimum

Education and Experience:

• Bachelor's degree preferably in finance, accounting, business administration, or a related field.
• Minimum of 7 years of progressively responsible experience in budget and financial management, preferably in higher education or a complex nonprofit organization.

Required Knowledge, Skills, and Abilities:

• Demonstrated expertise in budget development, financial analysis, and strategic planning.
• Strong understanding of financial systems, policies, and compliance requirements.
• Demonstrated ability to communicate and interact with a high degree of professionalism with senior-level personnel and across units.
• Demonstrated ability to analyze and synthesize complex financial data, understand the business priorities and operations of assigned…