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.

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