Senior Business Manager

Posted on: 9/3/2026 - Final date to receive applications: 9/18/2026

Salary Range (commensurate with experience): $34.54

Please note that this position is not remote and is onsite in Peoria, IL.

The University of Illinois College of Medicine Peoria (UICOMP) educates 244 medical students and nearly 300 physician residents annually. It is one of four campuses that make up the nation’s largest public medical school. The Peoria campus is known among students for its small class sizes, rigorous curriculum and hands‑on clerkships; to residents and fellows for the strong academic setting, large referral base and exceptional facilities;

and by physicians seeking the ideal combination of teaching and practicing medicine in a research‑based university setting.

This position is intended to be eligible for benefits . This includes Health, Dental, Vision, Life Insurance, a Retirement Plan, Paid time Off, and Tuition waivers for employees and dependents.

This position manages advanced business responsibilities for the Department of Internal Medicine, budget development and assists in strategic fiscal planning. The Senior Business Manager executes business operations including but not limited to contracting, generation and distribution of financial & productivity reports, data analysis and providing business insights serving as a resource. The position works under the general supervision of the Internal Medicine Director of Administrative Operations.

• Oversees all Department of Internal Medicine contracts, including funded and non-funded agreements, ensuring compliance with contractual requirements and coverage provisions.
  Coordinates the development, renewal, and modification of contracts by submitting required documentation and monitoring contract status throughout the approval process.
  Updates contract exhibits, investigates budget variances, and manages approved contract modifications to ensure financial accuracy and compliance.
  Ensures timely invoicing and payment processing for all contracts by preparing, submitting, and monitoring invoices and resolving payment‑related issues.
• Provides specialized financial and operational analysis, reporting, and recommendations related to departmental contracts, financial performance, and business operations.
  Assists with monthly and quarterly reconciliations and monitors departmental financial activity to identify issues, evaluate trends, and recommend corrective actions when needed.
  Monitors balances across all Department of Internal Medicine funds and supports the effective utilization of financial resources.
  Prepares, analyzes, and presents monthly productivity and financial reports for all sections, including annual budget projections and ongoing expense monitoring.
  Collects, organizes, and analyzes data to support the development and calculation of annual contract performance and incentive plans.
  Processes and submits monthly variable compensation information to Payroll in accordance with established deadlines and guidelines.
  Collaborates with the Director of Administrative Operations and Fiscal Affairs to address departmental questions related to financial data, reporting, and business operations, serving as a technical resource for department leadership and staff.
• Partners with the Director of Administrative Operations on pre‑and post‑award grant financial analysis, budget monitoring, and strategic financial planning activities.
• Recommends and implements improvements to financial processes, reporting methodologies, and operational procedures to enhance efficiency and effectiveness.
• Assists in the development, communication, training, and implementation of departmental operational procedures and process…