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Chief Business Officer

Job in Newark, Essex County, New Jersey, 07175, USA
Listing for: Rutgers University
Full Time position
Listed on 2026-10-11
Job specializations:
  • Management
    Chief Financial Officer (CFO), Financial Manager
Salary/Wage Range or Industry Benchmark: 129000 - 213000 USD Yearly USD 129000.00 213000.00 YEAR
Job Description & How to Apply Below
Position Details
  • Recruitment/Posting

    Title:

    Chief Business Officer
  • Job Category:
    Staff & Executive - Finance/Accounting/Purchasing
  • Department: SGS BHS
  • Overview:
    New Jersey's academic health center, Rutgers Biomedical and Health Sciences (RBHS) takes an integrated approach to educating students, providing clinical care, and conducting research, all with the goal of improving human health. Aligned with Rutgers University-New Brunswick and collaborating university wide, RBHS includes eight schools, a behavioral health network, and five centers and institutes that focus on cancer treatment and research, neuroscience, advanced biotechnology and medicine, environmental and occupational health, and health care policy and aging research.

    Our faculty are teachers, clinicians, and scientists with unparalleled experience who advance medical innovation and provide patient care informed by the latest research findings. We offer an outstanding education in medicine, dentistry, pharmacy, public health, nursing, biomedical research, and the full spectrum of allied health careers. Our clinical and academic facilities are located throughout the state-at Rutgers University-New Brunswick, including Piscataway;

    and at locations in Newark, Scotch Plains, Somerset, Stratford, and other locations. Clinical partners include Robert Wood Johnson University Hospital in New Brunswick, Newark's University Hospital in Newark, and other affiliates. Through this community of healers, scientists, and scholars, Rutgers is equipped as never before to transform lives.
  • Posting

    Summary:

    Rutgers, The State University of New Jersey is seeking a Chief Business Officer within the Rutgers School of Graduate Studies-Biomedical Health Sciences (SGS-BHS), Dean's Office at Rutgers Health. The Chief Business Officer is directly responsible for all budgetary, financial, and administrative aspects of the School of Graduate Studies-Biomedical Health Sciences (SGS-BHS) relevant to financial reporting, budgeting, auditing, compliance and daily operations of SGS-BHS and the Office of the Unit Dean.

    The Chief Business Officer acts as the liaison between SGS-BHS, senior leadership, and the RBHS Vice Chancellor for Finance and Administration's Office. Additionally, this role is responsible for ensuring the accurate billing of all revenue, including tuition and contracts, and properly overseeing and managing all operating expenditures within the constraints of the University budget. Essential duties and responsibilities include the following:
  • Ensures a timely and responsible financial management cycle, including planning, development, forecasting, consolidation, presentation, review, monitoring, reconciliation, and reporting to relevant stakeholders.
  • Provides oversight of the SGS-BHS financial activities for unrestricted and restricted funds, including the operating budget. Works with SGS-BHS leadership team to assure that budget submissions reflect revenues and expenses accurately. Works with SGS-BHS senior leadership to prioritize competing budget requests to optimize available resources, while aligning with the requirements of RBHS and central University business functions.
  • Responsible for the development and completion of monthly and year-end financial statements, as well as any other necessary reports/requests, as directed by senior leadership.
  • Develops internal financial reviews and performs departmental/program reviews and/or audits as necessary. Based on reviews and assessments, makes recommendations to facilitate in the fiscal operations of the SGS-BHS.
  • The Chief Business Officer is responsible for the SGS-BHS budget submission to the RBHS Chancellor's Office, including entries into the Oracle Hyperion system.
  • The Chief Business Officer assures that funds are used in accordance with the University, RBHS and SGS-BHS policies and procedures by maintaining a stringent and reliable system for financial reporting and management information systems for SGSBHS. Establishes and maintains a sound internal controls and assurances for SGS-BHS that ensures compliance with RBHS and University fiscal management policies and practices.
  • Develops, communicates, and implements policies and procedures to complete required financial processes.
  • Advises and makes recommendations to the Unit Dean pertaining to the SGS-BHS's short- and long-term financial planning. Strategizes and proposes ways to optimize its revenue stream with expenditures.
  • Contributes substantive recommendations for strategies that…
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