Senior Business Manager
Listed on 2026-08-04
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Finance & Banking
Financial Reporting, Business Administration, Financial Analyst, Office Administrator/ Coordinator -
Business
Business Administration, Financial Analyst, Office Administrator/ Coordinator
Position Summary
This position manages advanced business responsibilities for the Department of Pediatrics, including budget development and strategic fiscal planning. The Senior Business Manager executes business operations such as contracting, generation and distribution of financial and productivity reports, data analysis, and providing business insights, serving as a resource under the general supervision of the Pediatrics Director of Administrative Operations.
Duties & Responsibilities- Provides specialized analysis, input, review and reporting within the Department of Pediatrics, primarily for the Physician Service Agreement.
- Updates PSA exhibits while investigating deviations from the budget.
- Assists in monthly and quarterly reconciliations and manages approved modifications to the PSA.
- Recommends and implements changes to the PSA and pediatrics financials.
- Collects data to organize and compute the annual PSA Performance/Incentive plan.
- Prepares and analyzes monthly summary reports for all sections including productivity reporting.
- Prepares and presents an anticipated annual budget, monitors all expenses, and ensures appropriate account utilization.
- Partners with the Senior Research Specialist for post‑award financial analysis, purchasing for grants, and post‑award monitoring.
- Monitors balances of all pediatric funds, identifies financial issues, and provides corrective recommendations to management.
- Submits monthly variable compensation to payroll.
- Oversees all pediatric contracts (funded and unfunded) and associated purchase orders.
- Submits all required information to generate new contracts and renewals.
- Ensures contracts and all invoices receive payment.
- Ensures compliance with all contracts and coverage.
- Submits data for invoicing of all contracts and monitors invoices and purchase orders.
- Assists with planning of events.
- Collaborates with the Director of Administrative Operations & Fiscal Affairs to answer departmental questions related to data, financials, and business operations and serve as a technical resource.
- Assists in developing departmental operational procedures, shares, trains, and implements change.
- Performs other related duties and participates in special projects as assigned.
- Bachelor’s degree in accountancy, business administration, management, or a closely related field.
- OR three (3) years of work experience in accounting, business administration, fiscal management, or closely related experience.
- OR a combination of such education and/or work experience totaling three (3) years, as measured by the following conversion table:
- 30 semester hours equals one (1) year (12 months)
- 60 semester hours or an Associate’s Degree equals eighteen (18) months
- 90 semester hours equals two (2) years (24 months)
- AND two (2) years of work experience in accounting, business administration, financial operations, fiscal management, or closely related experience, including one (1) year at a supervisory or administrative level.
- NOTE:
A Master’s Degree in an area consistent with the duties of the position may be substituted for one (1) year of work experience.
- Grant financial oversight experience.
- Healthcare financial and productivity reporting experience.
This position is eligible for benefits, including health, dental, vision, life insurance, a retirement plan, paid time off, and tuition waivers for employees and dependents.
Additional RequirementsIllinois residency is required within 180 days of employment.
Sponsorship for work authorization is not available for this position.
Equal Employment Opportunity StatementThe University of Illinois System is an equal opportunity employer, including but not limited to disability and/or veteran status, and complies with all applicable state and federal employment mandates. The university provides accommodations to applicants and employees. Request an Accommodation.
Artificial Intelligence (AI) tools may be used in some portions of the candidate review process for this position; however, all employment decisions will be made by a person.
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