Director, Student Financial Services

Location
Arlington, Virginia
Posted
Jun 10, 2021
Closes
Jul 15, 2021
Function
Executive, Director
Industry
Education
Hours
Full Time

JOB SUMMARY

 

The Director of Student Financial Services will provide strategic oversight and leadership to the Office of Student Accounts while serving as the chief liaison with students and families regarding student receivable accounts. The key functions of the Student Financial Services office include student and third party billing and collection of tuition and fees, communication and counseling to students, third party sponsors and families regarding account status, and the administration, disbursement, and refunds of student loans, grants, and institutional aid. The Director of Student Financial Services will manage the daily operations of the Office of Student Accounts in accordance with applicable institutional, federal, and state regulations; and provide and foster an environment of mutual respect in a manner consistent with excellent customer service and stakeholder engagement.

 

 

 

 

 

Direct Supervisor                  

 

Associate Vice President and Chief Financial Officer

 

Status                                     

 

Full-Time, Exempt            

 

Division                                  

 

Finance and Administration              

 

Direct Reports                 

 

TBD                                    

 

Target Weekly Hours            

 

40

 

Location                                 

 

2807 N Glebe (Main Campus)

 

Benefits Eligibility                 

 

Yes

 

MAJOR DUTIES AND RESPONSIBILITIES

 

  • Ensure student account operations are timely, accurate, and compliant

     

  • Ensure that internal accounting controls are present and operative, within and between departments, especially Financial Aid and Accounting, to safeguard the University's assets

     

  • Provide strategic direction and decisions for Workday Student implementation, promoting business automation and ensuring proper allocation of resources by utilizing technology and information systems and identifying opportunities for ongoing enhancements

     

  • Review and establish procedures and timelines for effective response and resolution of delinquent student accounts receivable

     

  • Promote collaborative sharing and communication between all University departments and auxiliaries to enhance interdepartmental and student servicing

     

  • Identify, develop and implement best business practices, consistent with the University's collegiate mission and in accordance with operating and accounting objectives

     

  • Either directly or through subordinate managerial staff, work closely with other campus departments and agencies to ensure efficient and effective administration, certification, disbursement, and refunding of all loan and aid programs, as appropriate.

     

  • Ensure students and families receive accurate and timely financial information, excellent customer service, and support for completing required tasks to meet financial obligations of attendance

     

  • Participate in developing initiatives that further support the campus mission with a service-oriented and catalytic mindset

     

  • Maintain knowledge of federal, state, and industry statutes, regulations, and standards for accounting, financial reporting, and other matters related to areas of responsibility

     

  • Establish, document, and implement short and long-range organizational goals, objectives, strategic plans, policies, and operating procedures related to student billing

     

  • Keep CFO informed of critical issues and concerns pertaining to student accounts or staff

     

  • Administer the billing and waiver process for student health and tuition refund insurance plans

     

  • Take the lead on requests, surveys, and reports related to student billing data

     

  • Manage the relationship with the bank regarding on-campus ATM

     

 

 

OTHER DUTIES AND ASSIGNMENTS

 

  • Develops project and departmental briefings highlighting meaningful information to manage stakeholder expectations, change, and adoption

     

  • Ensure departmental staff compliance with necessary staff training prescribed by federal, state, and institutional regulations

     

  • Facilitate department-wide implementation and training of administrative technology and tools Perform other duties as required.

     

 

 

JOB REQUIREMENTS

 

Required Qualifications: 

 

  • Bachelor’s degree in business administration, finance, accounting or equivalent work experience in higher education administration or related field

     

  • Seven (7) years of relevant, progressively responsible experience in student financials or higher education administration

     

  • Three (3) years of supervisory experience in financial oversight in an academic setting

     

  • Business process improvement experience with the ability to write persuasive analytical and technical reports for a broad array of audiences

     

  • Advanced working knowledge of Microsoft Office

     

  • Experience with system implementations

     

 

 

Preferred Qualifications:     

 

  • Master’s degree in accounting, finance, business administration or related field

     

  • Supervisory experience in  a Student Financial Services or Bursar office

     

  • Workday experience

     

 

 

 

 

Knowledge, Skills, and Abilities:

 

 

 

  • Knowledge of general business administration, best practices in higher education, and federal and state financial aid regulations

     

  • Ability to provide leadership and build cooperative relationships across departments while effectively managing multiple priorities

     

  • Advanced knowledge of computers and the ability to utilize a variety of software applications

     

  • Promote a collaborative, accountable, and inclusive team to support the operational mission and vision of Marymount University, fostering an ethical collegial work environment

     

  • Strengthen employees by being communicative and a talent builder that develops team attributes, furthering departmental goals

     

  • Demonstrated ability to support ongoing improvement through courageous, resilient, and catalytic leadership

     

  • Well-developed and effective problem-solving skills with capacity for innovative thinking

     

  • Ability to work cooperatively and effectively with colleagues, supervisors, and supervisees

     

  • Ability to work in a positive manner with people from diverse backgrounds and cultures

     

  • Strong interpersonal skills with employees and students

     

  • Sound professional judgment.

     

 

 

Licenses or Certifications: 

 

  • None

     

Financial Responsibility: 

 

  • Cash Management

     

 

 

SPECIAL WORKING CONDITIONS

 

None.

 

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