This article provides a list of the jobs available in Business Administration. Also, it provides a brief description of each job.
There are many jobs available in the field of business administration. Today, we’ve made available some jobs in the business admin field;
- Procurement specialists
- Human Resources Manager
- Financial Analyst
- Sports Operations Manager
- Loan Officer
Procurement Specialists
Procurement specialists are responsible for procuring products that are essential to the operation of the business. Analytical, organizational, and bargaining skills are very important for this position, which is one of the most important positions in the so-called supply chain.
Procurement personnel needs to set the criteria and timing requirements for the products they need for their business, and then look for and compare supplier reputation, supply, quality, and prices.
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Of all this, the procurement person must choose who to create the contract with and monitor the validity of the product, delivery, and relationship. Procurement specialist duties also include;
- Estimate and create cost parameters and budget for your purchase
- Establish and maintain good relationships with vendors/suppliers
- Make professional decisions in a fast-paced environment
- Keep records of purchases, prices, and other important data
- Review and analyze all vendors/suppliers, shipping and pricing options
- Create a plan for purchasing equipment, services, and consumables
- Negotiate the best offer of price and supply contract
- Make sure the products and materials are of high quality
- Maintain and update a list of suppliers and their qualifications, lead times, and potential future developments
- Work with team members and procurement managers to complete tasks as needed
Human Resources Manager
Human Resources managers are responsible for managing talent from the hiring level to salary, training, compliance, benefits, scheduling, retention, consulting, strategic planning, and more.
HR professionals’ main job is to hire, screen, interview, and hire employees, but most HR professionals are trained in all HR functions, so they can do other HR tasks.
These day-to-day operations may include payroll processing and benefits management, as well as ensuring that all talent functions comply with federal, state, and local regulations. HR managers also have to;
- Develop and implement HR strategies and initiatives in line with your overall business strategy
- Bridging management and employee relationships by addressing complaints, complaints, or other issues
- Managing the recruitment and selection process
- Support current and future business needs by developing, engaging, motivating, and maintaining human capital
- Develop and oversee overall HR strategies, systems, tactics, and procedures for the entire organization
- Create a positive work environment
- Monitor and manage performance rating systems that drive high performance
- Maintain payroll plans and benefits programs
Financial Analyst
A financial analyst is responsible for the financial planning and analysis of a company, enabling organizations to make informed business decisions. Financial analysts collect data such as revenue releases, run financial models, and make financial recommendations.
They give a solid understanding of a particular business, industry, or sector and give presentations that convey their investment views.
Financial analysts help companies make business or investment decisions based on industry knowledge and market trends, business news, and an assessment of a company’s financial position.
Furthermore, Financial analysts can work for financial companies such as banks and investment companies, or within companies. Financial analysts usually have an academic background in finance, economics, accounting, or statistics. A financial analyst must also do the following;
- Analysis of current and historical financial data
- View current financial performance and identify trends
- Edit reports on the above information and share the insights gained from those reports with a wider range of companies.
- Discussed with management to develop a long-term business plan
- Suggest budgets and improvements based on the above information
- Explore various investment opportunities
- Developing financial models and creating financial forecasts
- Develop initiatives and policies that can improve economic growth
Sports Operations Manager
Sports management is an interesting position that many business students are aiming for. Professional sports franchises like the Miami Dolphins and Florida Panthers are organizations that need sports management specialists in both the front and back offices.
The sports operations manager is responsible for ensuring that the product the team brings to the pitch or field is the product that guests and fans want to pay for. Often, the easiest way is to bring together a successful team and good players.
Once the team wins, it’s much easier to attract fans who are willing to buy tickets. If the sports operations manager’s attempt to form an almost winning team fails, he can instead focus his resources on providing a fun fan experience.
Sports Operations Manager can work with the team’s promoter to arrange interesting performances to be performed during action breaks. The typical tasks of a sports manager are;
- Creating a team plan
- Advertising through various media
- Contract negotiations between players and coaches
- Maintaining public relations
- Ensuring compliance with policies and rules
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Loan Officer
The loan officer evaluates, approves, or recommends the approval of individual and corporate loan applications. Loan officers work for banks or independent lenders to help borrowers apply for loans.
They are often referred to as mortgage officers because many consumers work with loan officers for mortgages, but many loan officers help borrowers with other loans. If you take a loan, a loan officer will determine if you’re eligible to underwrite.
A loan officer will meet you and evaluate your creditworthiness. If the loan officer determines that you are eligible, they will nominate you for approval and you can proceed with the loan application process.
Other roles also include Creditworthiness and income level. In addition, they review loan agreements to ensure they comply with federal and state regulations. They also;
- Sell credit products and reach your credit production goals
- Perform business development tasks such as generating leads and referrals, managing your pipeline, and fostering relationships with existing and past clients.
- Meet and contact the applicant to discuss the risks and benefits of credit products, terms and conditions, and government regulations.
- Gather relevant information and evaluate the applicant’s financial position, including credit history, debt-to-revenue ratio, and valuation reports to determine loan approval recommendations.
- Make sure all required information and documents are provided to the credit insurance department and properly recorded in electronic file format.
- Representing employers at community events and hosting seminars
- Stay up to date on all applicable credit regulations, economies, market rates, providers, and competitors
Final Notes on Jobs Available in Business Administration
These are the jobs available in business administration. What do you think? Let us know in the comments section.
Before you go, apply for Available Jobs.