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C
Confidential
Business Manager
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Based on Florida data
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What they do
A General Manager manages all aspects of a business. May be responsible for managing a small business, or managing one division or department of a larger business. Oversees administration, finance, communication and marketing as well as operations for a company. Reports to business owners, executive management or a board of directors.
$98,278 / year median in Florida
+11% projected growth
Job Description
Job Overview The Business Manager serves as the senior administrator responsible for the financial and business operations at a local Educational Institute. Reporting directly to the Head of School and serving as a member of the Administrative Leadership Team, the Business Manager provides leadership and oversight for the School's financial management, accounting, budgeting, tuition administration, payroll, human resources administration, purchasing, risk management, and business operations. The Business Manager ensures the fiscal integrity and long-term financial sustainability of the School while supporting its mission and strategic priorities. This position is responsible for maintaining sound financial practices, ensuring compliance with nonprofit accounting standards, administering Florida scholarship funding programs, and providing accurate financial reporting to the Head of School and Board of Trustees. ResponsibilitiesFinancial Management Develop the School's annual operating budget in collaboration with the Head of School. Monitor revenues, expenditures, and cash flow. Prepare monthly financial statements and reports for the Head of School and Board of Trustees. Analyze financial performance and recommend corrective actions. Maintain appropriate internal financial controls. Coordinate the annual independent audit. Ensure compliance with Generally Accepted Accounting Principles (GAAP) and nonprofit accounting standards. Assist in long-range financial planning. Accounting and Business Office Operations Oversee all accounting functions, including accounts payable, accounts receivable, general ledger, and bank reconciliations. Supervise the Business Office staff. Ensure timely month-end and year-end closings. Maintain accurate financial records. Oversee purchasing and vendor relationships. Manage contracts and service agreements. Tuition and Student Accounts Oversee tuition billing and collection. Monitor payment plans and accounts receivable. Reconcile tuition accounts. Prepare enrollment revenue projections. Work collaboratively with Admissions regarding enrollment forecasting. Florida Scholarship Administration Oversee all financial aspects of Florida scholarship programs, including: Family Empowerment Scholarship Florida Tax Credit Scholarship Hope Scholarship Other approved Scholarship Funding Organizations Responsibilities include: Scholarship billing and reconciliation. Verification of scholarship payments. Compliance with scholarship funding requirements. Maintenance of required documentation. Preparation for scholarship audits. Payroll and Human Resources Administration Supervise payroll processing. Administer employee benefits. Maintain personnel compensation records. Coordinate retirement plan administration. Ensure compliance with employment laws and payroll regulations.