Student Accounts Processor

Summary

The Student Account Processor handles the movement of Title IV funds and all other financial aid for both the Main Campus and Law School. Analyze and complete direct loan reconciliation with our system and COD. Process VA payments on the student account and serve as liaison to the Student Veterans Center. Process all other types of payments on the student account. The Student Account Processor position ensures compliance with Federal and State regulations/laws as well as Office and University policies. Additionally, the position will make student-oriented decisions in keeping with the University vision, philosophy, and operating practices while maintaining positive relationships with internal and external individuals on behalf of the Student Accounts Office.

This position requires a financial background check due to the financial responsibilities associated with the role.

This is a full-time, in-person position

Essential Functions

Movement of Title IV funds and all other financial aid.

• Auditing FA reports and posting to the student accounts and general ledger.
• Work closely with the Financial Aid Office to address any issues.
• Provide Finance with memos for amounts of drawdowns/returns for Title IV loans.
• Create loan spreadsheets for reconciliation of Title IV loans and Alternative Loans.
• Request returns of Alternative loans.

Reconcile Title IV loans

• Monthly reconcile the bank, COD, and our GLs sent any issues to Financial Aid.
• Provide Financial Aid with a year-end report for COD closing.

Process VA payments to student accounts

• Review Student Veterans Center screen for amounts for verification.
• Cash receipt the funds to the student account.
• Address any issues with Student Veterans Center
• Request refunds to the student or return to VA for overpayments.
• Enter any deferred plans on student accounts on anticipated VA funds to avoid late fees and eligibility to register for next term.

Military Billing and Payments

• Approve/create invoices to various military branches for tuition assistance.
• Process payments to student account.
• Data enter any deferred plans on student accounts on anticipated VA funds to avoid late fees and eligibility to register for next term.

Process various other payments to student accounts.

• Assist students with walk-in payments.
• Process any wires, EFT, mailed, etc

Returned payments

• Update student accounts for any returned payments and communicate with the students via email.

Assist with third-party billing

• Help prepare and report to various entities to facilitate payment to either the university or to the student for reimbursement:

FL Prepaid

SACM

Miami Dade County

• Create letters needed for tuition reimbursement for approval by supervisor.
• Assist with student account reconciliation to help clear accounts term to term.
• Assist with Uncashed Refunds Reports. Assist students with walk in payments.
• Help students/family understand their student account balance.
• Assist Financial Aid with any student issues.

Qualifications/Requirements

• Bachelor's degree in Business or related field is preferred.
• 1-3 years of work-related experience is required
• Make sound, timely decisions based on adequate information
• Manage projects and balance workloads to achieve results
• Knowledge of MS word, excel, access, PowerPoint. Ability to learn Colleague. A systematic approach to solving technical issues.
• Ability to interact with students, faculty and staff in a professional, positive, timely and courteous manner.
• Experience in cash handling and supervising in a “face-to face’ service environment. Attention to detail and maintain confidentiality of sensitive information.
• Maintain composure in handling multiple priorities or challenging situations.
• Take a leadership role to positively impact the student experience.
• Make prompt quality decisions.
• Flexibility to work as needed during peak periods and an occasional Saturday

Benefits: Barry University offers a comprehensive benefits package to full-time employees that includes health, dental, vision, life insurance, retirement, tuition assistance, paid time off and work/life balance initiatives such as wellness programs, spirituality in the workplace, and training and development.

Barry University is an Equal Opportunity Employer, committed to a diverse and inclusive work environment.