Financial Aid Analyst & Reconciliation Specialist

Mott Community College Employment • Flint, MI

1d • Hybrid

About The Position

This position is part of a team of thirteen responsible for administering all student financial aid programs for the College. The Financial Aid Office (FAO) supports the College by helping students access available and appropriate sources of financial aid, thereby enabling the College to reach its enrollment goals. All staff in the FAO Office are responsible for assisting students and parents and processing Financial Aid applications. Staff members may be assigned to focus on a specific area of responsibility. This position ensures the FAO is in compliance with Generally Accepted Accounting Principles and the processes and procedures established by federal, state, and college governance. The job consists of analytical thinking that enables the functionality of an integrated ERP system such as Datatel and Starfish to be in audit compliance and reconciled through both the Student and Colleague Financial modules as well as with COD and the G5 accounts. All reconciling functions ensure clean audits as well as assist in detecting potential errors that may have been made in awarding or disbursements. Reconciling prevents loss due to these possible errors.

Requirements

• Bachelor’s degree or higher in Business, Finance, Accounting or related field.
• Three years of relevant work experience in the accounting field, including recent responsibility for general ledger transaction, account reconciliation, and financial statement preparation.
• Problem solving skills sufficient to diagnose cause of errors in application process and data exchange for Title IV Programs.
• Ability to communicate effectively orally and in writing with students, college employees and business partners.
• Ability to deal with stress and schedule of peak seasonal workload.
• Demonstrated ability to successfully utilize time management and priority setting skills in a high stress, multiple task environment while meeting multiple deadlines and federal reporting requirements.
• Demonstrated proficiency, at the intermediate level, with MS Excel, and at the basic level with MS Word, as well as the ability to utilize complex accounting microcomputer programs.
• Must be able to work independently with minimum supervision, but also have the ability to function effectively as a team member.
• Must be able to read, analyze and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.
• Ability to write reports, business correspondence and procedure manuals.

Responsibilities

• Providing high quality support to students who visit or call the FAO Office.
• Overseeing all aspects of Pell and Loan Programs (Direct: Subsidized, Unsubsidized, Plus and Alternative loans) that administers over $40 million to students annually.
• Analysis of FA data, accounts and reconciliation of Title IV funds monthly (Pell, Direct Loans and SEOG).
• Serving as Chair of the Satisfactory Academic Progress (SAP) Committee and overseeing the appeal process to ensure the College is in compliance with administering SAP policy and requirements.
• Completion of State and Federal Reports in conjunction with Institutional Research and Information Technology Services including the FISAP, IPEDs etc.
• Reporting/overseeing the Second Chance Pell Experimental Program.
• COD Interface for Pell and Direct Lending.
• Packaging, Report Analysis and Transfer Monitoring.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level