Local Business Center Specialist

Job description

Department College Local Business Center About the Department: College Local Business Center Job Summary: Reporting to the Director, the Specialist supports the Local Business Center (LBC) responsible for budget and account administration, grant administration, procurement, and payroll for College departments and instructors. The Specialist is part of the team that ensures accurate and timely financial reporting, collaborating with stakeholders to optimize financial performance and compliance, and enhancing the financial functions critical to the success of the College. Responsibilities: - Supports core functions of the LBC. Works closely with central University units to properly record transactions and mitigate risk. - Ensures College practices are followed in accordance with University policy and generally accepted accounting practices. - Maintains organization- and individual-level Oracle accounts, including gift funds. - Oversees accounts payable, accounts receivable, reconciliation, and closing activities. - Reviews and validates financial transactions in Oracle and Concur to ensure compliance and supports accurate financial reporting. Initiates transaction corrections as nece...