Bursar

$81,800 - $88,800/Yr

Bowdoin College - Brunswick, ME

posted 4 days ago

Full-time - Mid Level
Brunswick, ME

About the position

The Bursar is directly responsible for the management and operational control of all the functions/activities of the student accounts receivables, cash management, cashiering operations, accounts receivable, and 1098T reporting including implementing appropriate internal controls and technological initiatives. This position works both independently and as an integral part of a team to ensure compliance with the College, state, federal regulations, and standard accounting procedures. The Bursar will collaborate with colleagues across multiple departments and programs, to ensure the efficiency and integrity of the student aid, billing, and collection processes at the College.

Responsibilities

  • Build, record, and prepare student statements and support students and parents in navigating the payment process.
  • Manage student AR collection and student holds in alignment with College policies.
  • Monitor and analyze receivables monthly.
  • Independently study new laws, procedures, and recommendations developed by outside agencies such as IRS and NACUBO.
  • Ensure compliance with state and federal regulations.
  • Effectively communicate with staff, supervisor, and peers within the Controller's Office and external colleagues.
  • Provide a high level of customer service to other departments, staff, faculty, students, and parents.
  • Manage relationships with third party agencies, including collectors and servicers related to tuition/loan billing and payments.
  • Responsible for IRS Form 1098-T preparation and compliance.
  • Record and monitor various miscellaneous receivable activities including Children's Center, Summer Programs, Events, Dining, and Athletics.

Requirements

  • Bachelor's degree required.
  • Strong supervisory skills.
  • Must be highly organized and detail-oriented.
  • Exceptional customer service and interpersonal skills.
  • Proficient in MS Word, Excel and Outlook.
  • Minimum of 5 years of experience in a business office environment and demonstrated understanding of, and experience with receivables management.

Nice-to-haves

  • Experience in the management of student financial services preferred.
  • Experience with Workday Student or Finance is highly desirable.

Benefits

  • A variety of health insurance plans (Medical, Vision, Dental)
  • Generous Retirement Plan - 10.12% annual compensation contribution, no match or vesting required
  • Life and Disability Insurance
  • Paid Time Off: 20 days of vacation per calendar year, 12 days of personal/sick time
  • Paid Holidays and Special Days Off
  • Paid Parental Leave (Available after one year of service)
  • Household access to many of the College's facilities including the gym and pool
  • Free fitness and wellness classes!
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