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    Student Accounts Specialist - Indianapolis, United States - Martin University

    Martin University
    Martin University Indianapolis, United States

    2 weeks ago

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    Description
    Job Details

    Job Location: 2186 N SHERMAN DR - INDIANAPOLIS, IN


    Position Type:
    Full Time

    Education Level: 2 Year Degree


    Salary Range:
    $55, $60,000.00 Salary/year

    Description


    OCCUPATIONAL SUMMARY
    The Student Accounts Specialist reports to the CFO & Executive Vice President of Finance & Administration.

    The Student Accounts Specialist is responsible for daily administration of the University's accounts receivable, and the accuracy of charges, credits, payments, and refunds entered in the billing system.

    The Student Accounts Specialist works closely with the Financial Aid Department & the Business office for the reconciliation of the aid applied to students' accounts.

    The Student Accounts Specialist works closely and collaboratively with the university leadership to achieve a strategic, student-centered approach to student accounts management.

    This position does not supervise others.


    ESSENTIAL JOB FUNCTIONS

    • Maintains and manages student financial accounts in compliance with federal and state regulations and audit compliance guidelines, including posting and disbursement of funds as appropriate.
    • Oversees disbursement policies and ensures adherence to the appropriate regulatory requirements associated with the disbursement of financial aid funds.
    • Oversees upgrades to the institution's Comprehensive Academic Management Reporting Systems for student accounts.
    • Oversees financial clearance for students to register.
    • Prepares payment plans as needed and oversees related payment plans.
    • Directs invoices and collection of funds for student payment of tuition, books, and fees through government and external funding sources.
    • Manages the drawdown and reconciliation of financial aid funds.
    • Create journal entries for recording deposits to the University accounts and monthly reconciliation of both Direct Loan, Pell, and State Aid.
    • Manages the return of financial aid funds and repayments for student withdrawals from the institution.
    • Devises innovative strategies, policies, and/or programs to attain goals and improve processes to reach department objectives.
    • Regularly assesses program functions to assure compliance with operating rules, regulations, policies, and procedures; advises supervisor promptly of any problematic irregularities.
    • Assures the management and integrity of all student account data in compliance with all applicable state and federal laws, rules, and regulations.
    • Oversees and maintains VA external funding, including billing and application to student accounts.
    • Maintains VA documents under the guidance of US regulations.
    • Works with external audits to finance, financial aid and VA funds.
    • Assist with other accounting and finance functions within the Business Office.
    • Operates effectively within established budgetary guidelines and prepares required reports.
    • Develops relationships and maintains effective communications with diverse groups, internal and external, in support of the institution's mission.
    • Represents institution at functions upon request.
    • Serves on administrative committees as assigned.
    • Performs other duties as required.
    Qualifications


    MINIMUM REQUIREMENTS

    • Bachelor's degree from an accredited college or university in business, accounting, or related field.
    • Minimum 3-5 years of experience in financial management roles.
    • Strong understanding of accounting and financial management principles and practices.
    • Strong leadership skills and the ability to coordinate with other student offices to support institutional goals.
    • Demonstrated commitment to higher education.
    • Impeccable judgment and integrity.
    • Ability to manage confidential information.
    • Proficiency in the use of research, statistical analysis and information technologies.
    • Ability to relate effectively with multiple constituencies.
    • Exceptional interpersonal and problem-solving.
    • Exceptional knowledge of budget forecasting, preparation, and administration.
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