Senior Business Manager

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Senior Business Manager

University Overview

The University of Pennsylvania, the largest private employer in Philadelphia, is a world-renowned leader in education, research, and innovation. This historic, Ivy League school consistently ranks among the top 10 universities in the annual U.S. News & World Report survey. Penn has 12 highly-regarded schools that provide opportunities for undergraduate, graduate and continuing education, all influenced by Penn's distinctive interdisciplinary approach to scholarship and learning. As an employer Penn has been ranked nationally on many occasions with the most recent award from Forbes who named Penn one of America's Best Employers By State in 2021.

Penn offers a unique working environment within the city of Philadelphia. The University is situated on a beautiful urban campus, with easy access to a range of educational, cultural, and recreational activities. With its historical significance and landmarks, lively cultural offerings, and wide variety of atmospheres, Philadelphia is the perfect place to call home for work and play.

The University offers a competitive benefits package that includes excellent healthcare and tuition benefits for employees and their families, generous retirement benefits, a wide variety of professional development opportunities, supportive work and family benefits, a wealth of health and wellness programs and resources, and much more.

COVID-19 vaccination is a requirement for all positions at the University of Pennsylvania. New hires are expected to be fully vaccinated before beginning work at the University. For more information about Penn's vaccine requirements and the use of Penn Open Pass, visit the Penn COVID-19 Response website for the latest information.

Posted Job Title
Senior Business Manager

Job Profile Title
Business Manager C

Job Description Summary
This position has primary responsibility for financial management and planning functions for Penn Libraries, comprising over 40 departments, 290 staff, 200 student employees, and an $85M budget. The position oversees all fiscal operations including payroll, procurement, vendor payment, travel and expense management, general accounting, financial reporting and auditing as well as financial policy training, interpretation and enforcement. Budgetary management responsibilities include monthly reporting and analysis, quarterly and long range forecasting as well as coordination of annual budget planning for annual and five year budget plans.

This position supervises the Business Administrator and Financial Administrative Coordinator who administer day-to-day financial operations. Additional areas of responsibility include managing Penn Libraries revenue streams, state sales and use tax and local Unrelated Business Income Tax reporting, and pre- and post-award sponsored program funding. This position leads monthly reconciliation of the Libraries' general operating budget; quarterly reconciliation of the Libraries information budget between the University's General Ledger and the Libraries' Alma library services platform, including funding from 300+ endowment/gift/grant funds; financial reporting; and management of two self-service cafes in partnership with the Compass Group Canteen Vending third-party management. In addition, this position administers student hiring and takes a leadership role in recommending and implementing financial and administrative policies and procedures to ensure compliance with all Penn Libraries and central University policies and procedures.

Job Description

Duties and responsibilities include but are not limited to:
  • Supervise Business Administrator and Financial Administrative Coordinator. Set goals and ensure performance expectations are met. Provide ongoing guidance and support to ensure professional growth and development, including formal and informal training and ongoing feedback.
  • Oversee Library payroll (290 staff plus 200 students); administration of student hiring; procurement and PO issuance; disbursement activity including vendor payments, Concur expense reports, Bank of America travel cards, and JP Morgan Chase PCards; revenue generation, including credit card points of sale; Sales and Unrelated Business Income Tax reporting; and administration of pre- and post-award sponsored programs.
  • Weekly auditing of payroll. Monthly reconciliation of operational spending. Monthly management and quarterly reconciliation of pre-pay and balance sheet accounts. Quarterly reconciliation of Information Budget in collaboration with Collection Development ensuring appropriate usage and stewardship of 300+ endowed funds and alignment of two financial systems (Penn's core financial system BEN Financials and Penn Libraries' library services platform Alma). Annual invoicing of third parties for LIBRA, an off-site, high density storage facility, and Penn partners for a combination of collaborative initiatives and charge-back services.
  • Collaborate with CFO on annual and five-year budgeting, end of year forecasting in relation to budget, and financial analysis and reporting as needed.
  • Developing, recommending, implementing, interpreting, and providing staff with information regarding Library financial and administrative policies.
  • Tracking and recommending spending of gift/endowment/grant balances in collaboration with Libraries Development Office, CFO, and Librarians.
  • Oversight and financial analysis of two cafes.
  • Perform additional duties as assigned.

  • Bachelor's Degree with 5-7 years of related experience or equivalent combination of education and experience is required.

Application Requirement:
A Cover Letter and Resume/CV are required to be considered for this position. Please upload your Cover Letter where it asks you to upload your Resume/CV; multiple documents are allowed.

Budgeted Pay Range:

$90,000-$105,000 commensurate with education and experience.

Job Location - City, State
Philadelphia, Pennsylvania
Hybrid Eligible - This position is eligible for a hybrid work schedule with a work week divided between working onsite and working remotely.

Department / School
University Library

Pay Range
$61,046.00 - $95,972.00
Salary offers are made based on the candidate's qualifications, experience, skills, and education as they directly relate to the requirements of the position, as well as internal and market factors and grade profile.

Affirmative Action Statement
Penn adheres to a policy that prohibits discrimination on the basis of race, color, sex, sexual orientation, gender identity, religion, creed, national or ethnic origin, citizenship status, age, disability, veteran status, or any other legally protected class.

Special Requirements
Background check required after a conditional job offer is made. Consideration of the background check will be tailored to the requirements of the job.

University Benefits
  • Health, Life, and Flexible Spending Accounts: Penn offers comprehensive medical, prescription, behavioral health, dental, vision, and life insurance benefits to protect you and your family's health and welfare. You can also use flexible spending accounts to pay for eligible health care and dependent care expenses with pre-tax dollars.
  • Tuition: Take advantage of Penn's exceptional tuition benefits. You, your spouse, and your dependent children can get tuition assistance here at Penn. Your dependent children are also eligible for tuition assistance at other institutions.
  • Retirement: Penn offers generous retirement plans to help you save for your future. Penn's Basic, Matching, and Supplemental retirement plans allow you to save for retirement on a pre-tax or Roth basis. Choose from a wide variety of investment options through TIAA and Vanguard.
  • Time Away from Work: Penn provides you with a substantial amount of time away from work during the course of the year. This allows you to relax, take vacations, attend to personal affairs, recover from illness or injury, spend time with family-whatever your personal needs may be.
  • Long-Term Care Insurance: In partnership with Genworth Financial, Penn offers faculty and staff (and your eligible family members) long-term care insurance to help you cover some of the costs of long-term care services received at home, in the community or in a nursing facility. If you apply when you're newly hired, you won't have to provide proof of good health or be subject to underwriting requirements. Eligible family members must always provide proof of good health and are subject to underwriting.
  • Wellness and Work-life Resources: Penn is committed to supporting our faculty and staff as they balance the competing demands of work and personal life. That's why we offer a wide variety of programs and resources to help you care for your health, your family, and your work-life balance.
  • Professional and Personal Development: Penn provides an array of resources to help you advance yourself personally and professionally.
  • University Resources: As a member of the Penn community, you have access to a wide range of University resources as well as cultural and recreational activities. Take advantage of the University's libraries and athletic facilities, or visit our arboretum and art galleries. There's always something going on at Penn, whether it's a new exhibit at the Penn Museum, the latest music or theater presentation at the Annenberg Center, or the Penn Relays at Franklin Field to name just a few examples. As a member of the Penn community, you're right in the middle of the excitement-and you and your family can enjoy many of these activities for free.
  • Discounts and Special Services: From arts and entertainment to transportation and mortgages, you'll find great deals for University faculty and staff. Not only do Penn arts and cultural centers and museums offer free and discounted admission and memberships to faculty and staff. You can also enjoy substantial savings on other goods and services such as new cars from Ford and General Motors, cellular phone service plans, movie tickets, and admission to theme parks.
  • Flexible Work Hours: Flexible work options offer creative approaches for completing work while promoting balance between work and personal commitments. These approaches involve use of non-traditional work hours, locations, and/or job structures.
  • Penn Home Ownership Services: Penn offers a forgivable loan for eligible employees interested in buying a home or currently residing in West Philadelphia, which can be used for closing costs or home improvements.
  • Adoption Assistance: Penn will reimburse eligible employees on qualified expenses in connection with the legal adoption of an eligible child, such as travel or court fees, for up to two adoptions in your household.

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