Fiscal & Business Analyst I

University of South Florida•Tampa, FL

5d•Onsite

About The Position

This position oversees the Banner pre-collection process using the Flywire Pre-collect system. The role involves evaluating Banner student and Fast vendor accounts for delinquency, assigning them to collection agencies, and verifying balance accuracy. Responsibilities include adjusting/correcting charges and payments, reconciling and auditing transactional data, running system queries, preparing accounting reports, monitoring daily accounting activity, overseeing collection agencies, reconciling collected funds, preparing validation letters, negotiating disputes, and answering customer questions. Additionally, the role oversees and collects employee debt through payroll set-off and formulates/manages 1098T, Hope Scholarship, and Lifetime learning tax reporting.

Requirements

Bachelor’s degree in accounting, Finance, or Business Administration or other field directly related to the position's specific responsibilities and two years of fiscal related work experience; OR a Bachelor's degree in no specific required field and three years of fiscal related work experience; OR six years fiscal related work experience.

Nice To Haves

Experience in a university cashiering system or student accounts office.
Experience with Banner student system.
Experience with PeopleSoft business accounting systems.
Previous customer service experience.

Responsibilities

Manage Banner accounts for collection purposes.
Manage delinquent accounts through the pre-collect process: Identify delinquent accounts, send letters, and place with Flywire Pre-collect.
Reconcile accounts weekly, inventory and invoices, run queries to identify payments made directly to USF, negotiate consumer disputes, validate debts, and develop statistics on pre-collection recovery.
Manage Banner accounts through the collection process: Identify delinquent accounts and place with a collection agency, run queries to identify payments made directly to USF, negotiate consumer disputes, validate debts, and develop statistics on collection recovery.
Assemble a worksheet for placement and approval for assignment to outside agencies.
Review and approve all account payments from agency to student Banner account records.
Review past due accounts and payment history for bad debt write-off approval.
Manage programming development for IRS 1098T tax program.
Audit and research 1098T program, Hope Scholarship, and Lifetime Learning Credit through the Banner student system.
Respond to student inquiries regarding charges, payments, and financial aid awards.
Resolve disputes concerning student records reporting.
Process departmental credits and maintain a system of authorized signatures.
Verify credit requests are from an authorized signatory and process approved credits by manually entering them in Banner.
Maintain database of credit requests and documentation in Banner Document Management System (BDMS).
Evaluate account invoices over 90 days past due to determine a course of action.
Review with department heads to analyze each invoice status and make adjusting entries as necessary.
Audit, schedule, and assign past due Fast financial accounts to collection agencies and assess collection costs to accounts based upon review of vendor contracts.
Charge each department for collection costs not allowed by vendor contracts.
Respond to agency and customer inquiries about accounts.
Review and record payments posted to Fast AR accounts in collection.
Monitor Banner accounts of employees for delinquency.
Identify accounts that are delinquent and take appropriate actions as defined by USF regulations.
Work with Payroll and GEMS to prepare employee offset forms, contact departments for validation of charges, review accounts for systematic errors, and report on debt aging.
Performs other duties as assigned.