Business Manager II

Posted Yesterday
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Charleston, SC, USA
In-Office
Senior level
Healthtech • Professional Services • Biotech • Pharmaceutical
The Role
Provides financial support to Supply Chain, Revenue Cycle, and corporate leaders. Develops annual operating budgets, tracks FTEs and vendor spending, performs month-end close activities, prepares journal entries and accruals, analyzes financial performance, monitors cost-center variances, produces reports and presentations, and initiates corrective actions for unfavorable projections. Also manages special projects and supports financial benchmarking and performance metrics.
Summary Generated by Built In

Job Description Summary

The Business Manager II directly reports to the Enterprise Senior Director of Finance. Under limited supervision, the Business Manager II provides credible/reliable, consistent, standardized, and integrated financial support services to Supply Chain and Revenue Cycle along with other Corporate areas. The Business Manager II serves as a financial resource to systems leaders by reviewing and monitoring financial activities of the corporate areas on daily, monthly, and annual basis. This includes participating in month-end close and preparing journal entries and monitoring the intercompany activities. This role will work directly with Systems Director in the development of annual budgets and identification of performance metrics and benchmarking. Manages special projects as assigned by leadership.

Entity

Medical University Hospital Authority (MUHA)

Worker Type

Employee

Worker Sub-Type​

Classified

Cost Center

CC001097 SYS - Corp Health System Finance

Pay Rate Type

Salary

Pay Grade

Health-31

Scheduled Weekly Hours

40

Work Shift

Job Description

Business Manager II

Prepare Annual Budget:  Financial oversight and coordination of the annual operating budget with Leaders.

Success Criteria:

a.      Work closely with Chief, Associate Chiefs and Directors to develop realistic projections of expenses for accurate operating budgets across all markets.

b.      Accurately track movement of all FTEs between MUSCP and MUHA and budget accordingly

c.       Trend vendor spend analysis to develop operating budgets annually in partnership with operational leaders.

d.      Submit budget changes in Axiom and balance to budget

e.      Track change the business and sandbox items

f.        Prepare Corporate BOC budget presentation

g.      Conduct dry-run presentations with respective Leader(s) to present to Corp BOC



Financial Management Reporting: Review monthly financial performance reviews with leaders.

Success Criteria:

a.      Reviews and analyzes financial data for month end close

b.      Prepare EIBs, journal entries and accruals as appropriate to maintain budget alignment and financial integrity

c.       Trend vendor expenses and alert leaders on missing invoices

d.      Prepares month-end and year-end financial reports using various financial systems and data sources to provide further explanation on fiscal operations

e.      Prepares Financial presentations as needed for BOC, TeamSC, etc.

f.        Supports Leaders in submitting month end variance notes

g.      Push month-end reports to leaders along with a departmental stoplight

h.      Present financials and FTEs trends at  monthly leadership  meetings

h.      Monitor ongoing expenses, trends, and variances of each cost center

i.        Initiate corrective action plans with Leaders for any discrepancies or negative budget projections

j.        Identify OFI’s and submit to the Corporate Finance Director monthly

Additional Job Description

Education: Bachelor's degree or equivalent education and/or relevant work experience Work Experience: 7 years progressive work experience and 2 years management experience

If you like working with energetic enthusiastic individuals, you will enjoy your career with us!

The Medical University of South Carolina is an Equal Opportunity Employer. MUSC does not discriminate on the basis of race, color, religion or belief, age, sex, national origin, gender identity, sexual orientation, disability, protected veteran status, family or parental status, or any other status protected by state laws and/or federal regulations. All qualified applicants are encouraged to apply and will receive consideration for employment based upon applicable qualifications, merit and business need.

Medical University of South Carolina participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. For further information about the E-Verify program, please click here: http://www.uscis.gov/e-verify/employees

Skills Required

  • Bachelor’s degree or equivalent education and/or relevant work experience
  • Seven years of progressive work experience
  • Two years of management experience
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The Company
HQ: Charleston, SC
25,000 Employees
Year Founded: 1824

What We Do

The Medical University of South Carolina (MUSC) is a public academic health system founded in 1824 and based in Charleston, South Carolina. MUSC combines patient care (MUSC Health), medical education, and biomedical research to advance health statewide and beyond. The institution trains health professionals, conducts translational research, and delivers comprehensive clinical services across South Carolina.

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