Business Administrator Job Description

The business administrator job description calls for an individual who is proficient in a number of areas including accounting, finance, management, marketing, sales and human resources. They can work in government jobs, private agencies, corporations, non-profit organizations and international businesses.

Position Description

A business administrator has many responsibilities related to the handling of the organizational, operational and managerial tasks of a company or firm.

Essential Duties and Responsibilities of a Business Administrator

• Presides over the daily operations of a company.
• Implements business procedures.
• Interviews and hires staff.
• Assesses employees’ job performances.
• Interacts with clients and customers.
• Negotiates contracts and deals.
• Mediates staff disputes and other issues.
• Delegates authority to supervisors.
• Serves as a liaison between management and staff.
• Makes sure training programs for new employees are up-to-date.
• Ensures the quality of the company’s products and services.
• Implements processes to improve products and services.
• Prepares financial data for governing boards.
• Reads and interprets accounting reports.
• Networks with prospective clients, industry peers and competitors.
• Promotes and markets the company.
• Writes memos.
• Makes oral presentations with visual aids.
• Manages budgets, minimizes expenditures and maximizes revenues.
• Ensures that the company operates with maximum efficiency.
• Makes short-term and long-term goals for the company.
• Directs the strategic plan for the company so that financial goals can be achieved.
• Implements strategic plans and makes changes to the plan as necessary.
• Advises Board of Directors of impending state or federal legislation and its potential impact on the company.
• Coordinates property procurement and space allocation.
• Manages fundraising projects.
• Provides leadership to employees for the purpose of attaining a common goal.
• Collaborates with other departments for the common purpose of maximizing revenues.
• Attends events and industry functions as a representative of the company.
• Volunteers at community service events.

Required Knowledge, Skills and Abilities

• Must have excellent networking skills.
• Must have good organizational skills.
• Must have good negotiation and decision making skills.
• Must be detail and goal oriented.
• Must have superior written and verbal skills.
• Knowledgeable of accepted business practices, entrepreneurial principles and sales cycles.
• Must have exceptional leadership skills.
• Must have effective communication skills.
• Must have excellent computer skills.
• Must have superior interpersonal skills and customer service skills.
• Must have knowledge of basic laws that apply to businesses.

Education and Experience

• Bachelor’s degree in Business, Accounting, Management, Finance, Economics, Marketing or a related field.
• Master’s degree in Business Administration.
• Internship in Business Administration.
• Certification in Business Administration.
• Experience working in an accounting or finance department.
• Experience working in a supervisory role.

Work Environment

• Time is spent primarily in climate controlled offices in close proximity to business operations.
• Must be willing to work long hours including nights and weekends.
• Must be able to represent the company at social functions.
• Time is spent traveling between different branches and offices in cities, states and even countries.
• Time is spent traveling to clients offices.
• Must be able to endure high pressure and stressful situations particularly when facing a deadline.

Salary

• Salaries range from $50,000 to $130,000 depending on the size of the company and the administrator’s responsibilities.
• Average salary is $77,000.