Director of Student Finance

Job Description

Job Description

We are Jones Technical Institute (J-Tech https : / / www.jtech.org), a non-profit and post-secondary trade school located in Jacksonville, Florida.  The institute is governed by Compass Rose Foundation (http : / / www.compassrosefoundation.org), an eighty-four (84) year-old non-profit organization charged with the mission of governing trade and technical schools.

We are actively searching for a Director of Student Finance and are pleased to provide the following job description.  The successful candidate will possess some experience in the areas of collections, financial planning, financial aid awarding & disbursing and managing & developing a high-performing team of people.

A competitive salary and benefits program will be offered commensurate with the chosen candidate’s expertise and experience.  Should the successful candidate not hail from northeast Florida, a relocation package will be included in the offer of employment.

Job Summary

The successful candidate will implement and maintain a system-wide program to foster a culture of compliance and integrity through the institution.  This position serves as a role model for ethical behavior and promotes education and awareness on the importance of timeliness and accurate collection of Cash Payments from Students & their Buying Committee, internal Scholarship / Endowment disbursement, Workforce / WOIA, Vocational Rehabilitation, Florida Prepaid, Federal Financial Aid, Veteran’s Benefits, and Institutional Scholarship reconciliation, and a variety of miscellaneous outside agencies.

Essential Duties and Responsibilities :

• Leading and managing a department of seven (7) full-time equivalents that are collaborative and high performing.
• Continuously identify, interview and recruit prospective talent to minimize impact from resigning and terminated employees.
• Responsible for the implementation and maintenance of a Collections Report to provide direct oversight of all students each term.  The Collections Report should be created by the 5th week of the prior term.
• Update Student Finance Manual as changes occur.
• Train, develop and improve Student Finance team members through consistent evaluation, confrontation of negative behavior and recognition of positive accomplishments.
• Provide accurate Cash Flow and Collections projections with timelines to the executive management and accounting team.
• Monitor and assess Financial Aid Servicer, Student Information System, Repayment & Default Management and Bookstore Point of Sale vendors.
• Publish an accurate Revenue Recognition report by the first business day of the month.
• Responsible for the Student Finance Representatives timely and accurate processing of Federal Financial Aid ensuring that 95% of all Title IV funds are collected no more than 30 days after the first day of classes.
• Oversee, monitor and maximize the transition of prospective students by establishing a culture of maximum conversation rates via a welcoming and holistic environment.
• Coordinate and monitor periodic internal audits and act as liaison to external auditing team.

Qualification and Education :