Job Description Summary & Additional Information
Organization's Summary Statement:
This position will provide day-to-day financial and business operations support to the department. The Business Manager will report directly to the Assistant Director for Business and Finance and will be primarily responsible for accounts payable, procurement, expense reimbursements, and account reconciliation. The Business Manager is responsible for collaborating with other departments or units' staff to compile information related to expenditures and revenues for various accounts, including general funds, grants, contracts, endowments, revenues, and gift accounts.
Key responsibilities include managing budgets, developing strategies for revenue collection, monitoring financial performance, ensuring operational efficiency, and fostering strong relationships throughout the division and the university.
Responsibilities & Duties:
- Provide day-to-day maintenance of budgets based on an awareness of the status of department or unit funding sources, including monthly account reconciliation and ongoing monitoring of expenses.
- Serve as primary financial operations lead and backup to the Assistant Director, assuming delegated authority for decision-making on fiscal matters, financial reporting, and budget strategy in the Assistant Director's absence.
- Provide support Coordinate procurement processes for Purchase Order (PO) and submit invoice payments.
- Process payments using Purchase (Pcard) and travel (Tcard).
- Take charge of resolving issues related to vendors, including credits, discrepancies, and payment status.
- Initiate transfers, including to/from the students' accounts, between the health center accounts, and interdepartmental on campus.
- Track and monitor revenue and expenditures to identify variances and to provide up-to-date expenditure and balance information.
- Prepare, reconcile, and deposit funds for the health center.
- Prepare reimbursement from foundation accounts and reach out to students regarding their overpayments.
- Prepare routine, standard, and ad-hoc reports for departments based on knowledge of existing data.
- Assist in developing budgets and budget projections for state operating, grant, and programmatic funding sources. Generate reports and analyses of unit expenditures.
- Oversee sub-awards and budget reallocations for grants managed by the Principal Investigator (PI).
- Review and process payroll and accounting transactions and verify expenditures against approved budgets to ensure compliance with university guidelines and/or sponsor requirements and restrictions.
- Assist in the development and maintenance of budget monitoring systems by setting up electronic and paper files.
- Use various software applications, spreadsheets, database software, statistical packages, and graphics packages to create reports and analyze data.
- Collaborate as a key member of the leadership team to support financial planning, operational continuity, and strategic resource allocation.
- Other duties as assigned.
Preferences:
- Experience in developing budgets and budget projections for state operating, grant, and programmatic funding sources.
- Experience generating reports and analyses of unit expenditures.
Required Application Materials: Cover Letter & Resume
Best Consideration Date: November 7, 2025
Posting Close Date:NA
Open Until Filled:Yes
Minimum Qualifications
Education: Bachelor's degree from an accredited college or university.
Experience: Three (3) years of professional human resources, payroll, finance, accounting, procurement, or travel coordination experience.
Other: Additional work experience as defined above may be substituted on a year for year basis for up to four (4) years of the required education.
KNOWLEDGE, SKILLS, AND ABILITIES:
Knowledge of human resources policies and procedures, and federal, state, and other applicable human resources related laws, rules, regulations, and ordinances.
Skill in oral and written communication.
Skill in the use of Microsoft Office products.
Ability to multi-task and prioritize assignments.
Ability to interpret and apply policies, procedures, regulations, and laws.
Job Risks
Occupational Related Bloodborne Pathogen Exposure, Respiratory Protection
Department
VPSA-UHC-Insurance/Billing
Worker Sub-Type
Staff Contractual (C2) (Fixed Term)
Salary Range
$80K-$85K
Benefits Summary
For more information on Staff Contractual CII benefits, select this
link .
Background Checks
Offers of employment are contingent on completion of a background check. Information reported by the background check will not automatically disqualify anyone from employment. Before any adverse decision, the finalist will have an opportunity to provide information to the University regarding disclosable background check information. The University reserves the right to rescind the offer of employment or otherwise decline or terminate employment if the information reported by the background check is deemed incompatible with the position, regardless of when the background check is completed.
Employment Eligibility
The successful candidate must complete employment eligibility verification (on Form I-9) by presenting documents that establish identity and work authorization within the timeframe required by federal immigration law, and where applicable, to demonstrate renewed employment authorization. Failure to complete employment eligibility verification or reverification within the timeframe set forth by law may result in suspension or termination of employment.
EEO Statement
The University of Maryland, College Park is an Equal Opportunity Employer. All qualified applicants will receive equal consideration for employment. Please read the University's Equal Employment Opportunity Statement of Policy.
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