Business Manager

46414BR

Position Description:

Manages personnel and budgetary matters for a department or college. Exercises discretion and independent judgment to oversee the activities of staff and the financial processes to ensure fiscal responsibility of department/college. Ensures staff and faculty have the resources to complete their work. Usually serves as a hiring manager and employee service coordinator.

About the University:

Founded in 1923, Texas Tech University began with a mission to serve the needs of West Texas, but its impact has always reached far beyond. Today, Texas Tech, located in Lubbock (pop. 300,000+), is home to a vibrant community of more than 42,000 students.Texas Tech's 1,800-acre campus showcases Spanish Renaissance architecture and is home to one of the country's largest public art collections. Its 13 colleges include a prestigious School of Law and a distinguished School of Veterinary Medicine. These programs equip students with the skills and knowledge needed to excel in their respective fields. Built on the values of West Texas — hard work, grit and authenticity — the university graduates students who are deeply engaged in service to their communities and well-positioned to succeed in the world. Texas Tech is committed to achieving research and scholarly accomplishments that compare favorably to the member institutions of the Association of American Universities (AAU). For more than 100 years, Texas Tech has been a premier destination for those seeking a world-class education and a unique, personalized experience as a member of the Red Raider family.

About the Department and/or College:

We are Texas Tech Public Media, serving as your public media stations for PBS in Lubbock and El Paso and NPR in Lubbock and San Angelo.

Our commitment is to educate, inform, and inspire, and we take that public service mission to heart. We open opportunities for intense exploration, feed your curiosity as a lifelong learner, and bring education, insight, and inspiration to communities. Now that we're one of the few remaining locally owned, operated, and governed television and radio stations serving you, we feel our responsibility to deliver on our mission more than ever before.

Major/Essential Functions:

The Business Manager is responsible for overseeing the financial and administrative operations of the department, with primary emphasis on fiscal management and reporting. This role manages departmental finances by maintaining detailed and accurate records of all revenues and expenditures, ensuring proper tracking, reconciliation, and support for the development and maintenance of balanced budgets. The position is also responsible for preparing and delivering comprehensive financial reports that assess and communicate the financial health of individual departments and projects as well as the organization as a whole.

In addition, the Business Manager ensures timely and accurate completion of all required financial reporting associated with grants and other designated revenue sources, maintaining compliance with applicable guidelines, regulations, and reporting standards.

The role includes supervisory responsibility for staff reporting to the Business Manager, requiring the exercise of independent judgment and discretion in personnel and operational matters. This includes overseeing staff activities, supporting hiring and employee services functions, and ensuring that appropriate processes and resources are in place to maintain efficient operations.

• Responsible for developing an annual budget and generating monthly reports to gauge the overall financial health of the organization and its adherence to budget targets.

• Create a system of additional reports and routinely execute said reports, such as Profit & Loss Statements, etc. to help illustrate a comprehensive and detailed picture of Texas Tech Public Media's overall financial health.

• Post and track all revenue and expenses.

• Oversee all business aspects of the underwriting process, including but not limited to contract execution, invoicing, collections, and all necessary bookkeeping and accounting.

• The Business Manager is also responsible for sending follow up correspondence on all outstanding balances and other collections efforts until accounts are paid in full.

• Ensures timely and accurate completion of all required financial reporting associated with grants and other designated revenue sources, maintaining compliance with applicable guidelines, regulations, and reporting standards.

• Maintains a thorough working knowledge of Cayuse and attends to grant management and timely distribution of

• TTPM funds. Additionally, is familiar and has a working knowledgeable of all public media and TTU Advancement

• CRMs and other tools necessary for maintenance of membership and fundraising revenue.

• Has a strong working knowledge of COGNOS and other financial management software. Manages all

• departmental budgets and fund code changes.

• Maintains records of employee training and compliance.

• Data accuracy and attention to detail for reports to outside entities and executive leadership.

• Work closely with executive director, campus personnel to represent the stations financial position clearly and credibly.

• Liaises with TTU Human Resources to ensure payroll, expenses, reimbursements and other HR support services run smoothly throughout TTPM.

Knowledge, Skills, and Abilities:

• Strong proficiency with Excel and financial systems (e.g., Banner or equivalent ERP), including building reports, reconciliations, and simple financial models.

• Compliance and policy: Knowledge of university financial policies, procurement rules, travel rules, and any state/federal regulations that affect public broadcasting and state institutions.

• Budgeting: How to build, monitor, and revise operating and capital budgets for multi-unit operations (TV, radio, shared services, El Paso, etc.).

• Financial reporting and analysis: Ability to prepare monthly/quarterly reports, variance analyses, and projections in formats useful to both university finance and station leadership.

• Understanding of university accounting structures, chart of accounts, encumbrances, and restricted vs. unrestricted funds.

• Handling ambiguity and change: Comfort working in an environment where revenue can fluctuate (pledge, underwriting, grants) and where the business manager must model scenarios and recommend adjustments.

• Knowledge of TTU systems, Emburse Enterprise, TechBuy, COGNOS, FITS, Kenexa.

• Knowledge of grant accounting.

• Nonprofit or public media finance: Familiarity with underwriting, membership/pledge revenue, grants, and how public TV/radio operations are funded and reported.

Required Qualifications:

Bachelor's degree and four years of experience developing or managing programs or projects. Additional job related education may be substituted for the required experience on a year-for-year basis.

Preferred Qualifications:

• Bachelor's degree in accounting, finance, business administration, or a closely related field.

• Demonstrated proficiency with generally accepted accounting principles (GAAP)

• Fund accounting experience strongly preferred.

• CPA, CMA, or other relevant professional certification or in progress.

• Experience with strong understanding of nonprofit or public media funding models (membership/pledge), underwriting, grants, institutional support.

Safety Information:

Adherence to robust safety practices and compliance with all applicable health and safety regulations are responsibilities of all TTU employees.

Does this position work in a research laboratory?:

No

Required Attachments:

Cover Letter, Professional/Personal References, Resume / CV

Job Type:

Full Time

Pay Basis:

Monthly

Job Family:

Organizational Administration

Job Sub Family:

Administrative Operations

Annualized Pay Range:

$48,000 - $63,700 - $78,400

Pay Statement:

Compensation is commensurate upon the qualifications of the individual selected and budgetary guidelines of the hiring department, as well as the institutional pay plan.

Travel Required:

Up to 25%

Shift:

Day

Schedule Details:

Monday - Friday, 8:00 am - 5:00 pm

Grant Funded?:

No

EEO Statement:

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information or status as a protected veteran.