Student Account Analyst

Job Description

Job Description

OVERVIEW :

The Student Account Analyst is responsible for monitoring student accounts by auditing, reviewing, and processing transactions to ensure compliance with federal, state, institutional and private lending regulatory requirements. Reporting to the Director of Student Financial Operations, the Student Account Analyst interacts with Student Financial Services and Accounting Department's along with campus personnel to ensure functions are completed correctly in accordance with internal and external policies, requirements, and regulations.

BUSINESS CONTRIBUTIONS :

The key functions of the Student Account Analyst are to administer all aspects required to provide operational support to the Student Financial Operations department. Student Account Analysts manage ensure compliance to institutional, state, and federal regulations. This role is to ensure compliance with institutional, state, and federal regulations through :

Title IV Compliance Related Functions :

• Ensure all active student accounts are audited and reviewed for Title IV credit balances are cleared prior to the EOLP or 14 days based on authorization forms on file.
• All funds posting occurs on the daily, weekly or monthly schedule and on time.
• Ensure tuition adjustment requests from the campuses are processed per institutional policies and within the appropriate time frame.
• Schedule Stipends for student living expenses and Title IV credit balances. Reconcile student stipends with ECSI for outstanding checks and proper disposition of funds.
• All temporary active out statuses (schedule gaps, leave of absence and academic interrupt) are reviewed for funds eligibility and where not, that R2T4s are submitted to Global.
• Review graduate and cancelled student accounts for credit balances and student refunds.
• All tuition adjustments are reviewed and completed to meet internal policies and procedures and to remain in compliance with Federal Regulations.
• Process refunds due to handling of credit balances and ineligibility of funds.

Account Receivable Administrative Functions :

Private Lending Programs Functions :

ESSENTIAL FUNCTIONS and RESPONSIBILITIES :

Job Specification

Student Account Analyst

Knowledge, Skills, and Experience :

The Student Account Analyst role is primarily focused on directing and coordinating the financial activities of the Student Financial Operations department.

Below is an inclusive but not exhaustive list of various knowledge, skills, and other characteristics that are necessary for effective performance as the Student Account Analyst :

CampusNexus

Education, Experience, and Training :

Bachelor's Degree in general business or finance.

At least 3 - 5 years of finance, loan operations or business experience.

PHYSICAL DEMANDS :

The physical demands are those required in a typical professional office setting : communicating with coworkers and getting to and from appropriate on and off-campus appointments.

Ability to travel to campuses with the potential of overnight stays.

WORK ENVIRONMENT :

Professional office setting : moderate noise levels and controlled indoor climate. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

LOCATION :

This position is an onsite position located at the Office of the Executive Director in Miami Lakes, Florida unless otherwise determined by the Director of Student Financial Operations, Chief Financial Officer and / or designee. Any changes must be reviewed by the Director of Student Financial Operations, Executive Director or the Chief Financial Officer of designee.