Title IV Accounting Specialist

Ancora Education

14h

About The Position

The Title IV Accounting Specialist is responsible for maintaining the integrity of the student ledger card within the Education Vertical. This includes processing payments, ensuring accurate billing, monthly revenue recognition, and managing credit balances within specific deadlines. The Specialist will also handle stipends/refunds according to departmental rules and regulations, inform the Director of any systemic issues, and provide excellent customer support to students and staff. This role requires adherence to company processes to ensure timely billing and to resolve credit balances within compliance standards.

Requirements

High School Diploma (GED acceptable) from an academic institution accredited by a regional or national accrediting agency that is recognized by the U.S. Department of Education
1 year of experience in accounting, banking, and customer service
Excellent analytical, financial, and problem-solving skills, ability to work with a high level of accuracy and attention to detail
Computer skills required. Proficiency in Microsoft Office and G Suite
Ability to communicate effectively and provide a positive, professional impression via phone and email to a variety of audiences
Persistence combined with a positive attitude and approach to work and others; self-motivating work style.
Ability to work in fast-paced environment and meet deadlines of multiple concurrent tasks
Ability to process multiple types of information and make judgments about moving from one task to another based on priority/importance
Ability to reconcile large volume accounts utilizing a variety of reconciliation tools
Facility with learning to effectively use applicable school systems, databases and tools.Ability to work and succeed individually and as part of a team in a highly structured and regulated work environment

Nice To Haves

Associate’s degree or higher from an academic institution accredited by a regional or national accrediting agency that is recognized by the U.S. Department of Education or 1-2 years of experience in accounting or similar field in a post-secondary institution
1 year experience using Campus Nexus

Responsibilities

Conduct monthly revenue recognition and generate revenue reports
Perform daily/weekly review and resolution credit balance reviews for both TIV and Non TIV accounts within the Education Vertical
Schedule and process stipends, refunds, and credit card refunds
Reconcile stipends/refunds to Bank Mobile, process Bank Mobile rejects and stale dated checks
Ensures accuracy of all aspects of the student billing process including review of the academic sequencing report, and billing audit reports
Process tuition billing, internal scholarships, grants, discounts, and waivers during the drop/add period
Post all payments received by the Corporate Office, including Edvisio, Veteran Affairs, Paramount and other sources
Provide daily coverage for the designated Student Accounts phone line (Five9), participate in collections call campaigns to recover outstanding balances and assist campuses with Non TIV collections
Oversee and reconcile Federal Work Study accounts
Perform G5 draw and TIV Reconciliation on a weekly basis
Other duties as assigned