Business Manager (Vanderbilt Operational Services) - HYBRID

Vanderbilt University Medical Center; Vaughan; Hybrid; CAD 68,000 - 101,000; Full time

Job summary

Vanderbilt University Medical Center seeks a Business Manager for their Operational Services. The Hybrid role involves managing budgets, financial reporting, and ensuring compliance. Successful candidates will bring at least 3 years of experience and a bachelor's degree, thriving in a collaborative healthcare environment.

Benefits

Health Insurance

Professional Development Opportunities

Flexible Work Schedule

Qualifications

• 3 years of relevant experience required.
• Bachelor's degree in a related field.
• Strong understanding of budgeting and financial management.

Responsibilities

• Manage business and financial funds for the department.
• Coordinate interdepartmental funding for joint projects.
• Prepare and manage operating and capital budgets.

Skills

Financial Analysis

Budget Management

Team Coordination

Education

Bachelor's Degree

Job description

Business Manager (Vanderbilt Operational Services) - HYBRID

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Business Manager (Vanderbilt Operational Services) - HYBRID

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Discover Vanderbilt University Medical Center : Located in Nashville, Tennessee, and operating at a global crossroads of teaching, discovery, and patient care, VUMC is a community of individuals who come to work each day with the simple aim of changing the world. It is a place where your expertise will be valued, your knowledge expanded, and your abilities challenged. Vanderbilt Health is committed to an environment where everyone has the chance to thrive and where your uniqueness is sought and celebrated. It is a place where employees know they are part of something that is bigger than themselves, take exceptional pride in their work and never settle for what was good enough yesterday. Vanderbilt’s mission is to advance health and wellness through preeminent programs in patient care, education, and research.

Organization :

Vanderbilt Operational Svcs

Job Summary : Job Summary

Serve as the business and financial officer for a division / department. Manage business and financial funds, including planning, monitoring, and reporting functions. Ensure funds are managed and expended following good business practices. Prepare and manage operating and capital budgets.

Key Responsibilities

• Develop and manage the operating and capital budgets
• Budget is prepared and developed with input from Director
• Budget is reconciled monthly accounting to GAAP
• Year accounting close process is managed according to GAAP
• Develop quarterly projections and variance analysis for submission for management review
• Coordinate interdepartmental funding for joint projects
• Serve as resource to management on financial issues
• Analyze and recommend course of action on complex agreements, including lease agreements, joint ventures, RFPs for vendor selections.
• Authorize expenditures for facilities, equipment, supplies, and services within authorized budget guidelines.
• Review and approve departmental disbursements within authorized limits
• Review and approve receipt processing of departmental revenues
• Monitor all contracts for compliance and collection
• Provide financial reports, advice, and analysis to management as requested
• Review and reconcile labor distribution reports
• Reconcile labor distribution reports to timesheets and general ledger.
• Coordinate with Human Resources on new hires, payroll processing, and terminations
• Coordinate with General Counsel, Office of Investments, and Accounting as required.
• Prepare and review various federal and state taxes with the OGC and process and prepare property tax bills accurately
• Establish and terminate bank accounts in collaboration with the Office of Investments
• Prepare sales and acquisition of properties in collaboration with internal and external legal counsel and record transactions in general ledger system
• Coordinate contract provisions with OGC
• Ensure compliance with regulations and procedures related to department services
• Monitor industry standards and regulations to ensure compliance

Technical Capabilities

Our professional administrative functions include critical supporting roles in information technology and informatics, finance, administration, legal and community affairs, human resources, communications and marketing, development, facilities, and many more.

At our growing health system, we support each other and encourage excellence among all who are part of our workforce. High-achieving employees stay at Vanderbilt Health for professional growth, appreciation of benefits, and a sense of community and purpose.

Organizational Impact : Executes job responsibilities with the understanding of how output would affect and impact other areas related to own job area / team with occasional guidance. Problem Solving / Complexity of work : Analyzes moderately complex problems using technical experience and judgment. Breadth of Knowledge : Has expanded knowledge gained through experience within a professional area. Team Interaction : Provides informal guidance and support to team members.

Supporting Colleagues : - Develops Self and Others : Invests time, energy, and enthusiasm in developing self / others to help improve performance e and gain knowledge in new areas.- Builds and Maintains Relationships : Maintains regular contact with key colleagues and stakeholders using formal and informal opportunities to expand and strengthen relationships.- Communicates Effectively : Recognizes group interactions and modifies one's own communication style to suit different situations and audiences. Delivering Excellent Services : - Serves Others with Compassion : Seeks to understand current and future needs of relevant stakeholders and customizes services to better address them.- Solves Complex Problems : Approaches problems from different angles; Identifies new possibilities to interpret opportunities and develop concrete solutions.- Offers Meaningful Advice and Support : Provides ongoing support and coaching in a constructive manner to increase employees' effectiveness. Ensuring High Quality : - Performs Excellent Work : Engages regularly in formal and informal dialogue about quality; directly addresses quality issues promptly.- Ensures Continuous Improvement : Applies various learning experiences by looking beyond symptoms to uncover underlying causes of problems and identifies ways to resolve them. - Fulfills Safety and Regulatory Requirements : Understands all aspects of providing a safe environment and performs routine safety checks to prevent safety hazards from occurring. Managing Resources Effectively : - Demonstrates Accountability : Demonstrates a sense of ownership, focusing on and driving critical issues to closure.- Stewards Organizational Resources : Applies understanding of the departmental work to effectively manage resources for a department / area.- Makes Data Driven Decisions : Demonstrates strong understanding of the information or data to identify and elevate opportunities. Fostering Innovation : - Generates New Ideas : Proactively identifies new ideas / opportunities from multiple sources or methods to improve processes beyond conventional approaches.- Applies Technology : Demonstrates an enthusiasm for learning new technologies, tools, and procedures to address short-term challenges.- Adapts to Change : Views difficult situations and / or problems as opportunities for improvement; actively embraces change instead of emphasizing negative elements.

Position Qualifications :

Responsibilities :

Certifications :

Work Experience :

Experience Level : 3 years

Education : Bachelor's

Vanderbilt Health is committed to fostering an environment where everyone has the chance to thrive and is committed to the principles of equal opportunity. EOE / Vets / Disabled.

Seniority level

Seniority level

Mid-Senior level

Employment type

Employment type

Full-time

Job function

Job function

Sales and Business Development

Medical Practices and Hospitals

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