University of South Alabama · 1 month ago
Student Financial Services Analyst - 004885
The University of South Alabama is seeking a Student Financial Services Analyst to join their Office of Student Accounting. The role involves comprehensive accounting duties related to student loans and scholarships, ensuring compliance with financial aid regulations and maintaining accurate financial records.
EducationHigher EducationUniversities
Responsibilities
Performs comprehensive accounting and administrative duties for all repayable scholarship programs under the oversight of Student Accounting
Works with students and third-party servicers to maintain loan fund receivable balances
Reviews grant applications that fund student tuition, fees, and living expenses to ensure promissory notes or commitment letters are appropriately executed and maintained per requirements
Monitors all transactions impacted assigned accounts, ensuring transactions are accurately recorded within the enterprise software system and supporting schedules
Assists student loan accounting staff with monthly and year-end reporting to various regulatory bodies associated with various loan programs
Records student loan payments and advances
Monitors student loan accounts; assists students with various loan fund problems including delinquent accounts follow-up; ensures loan collection activities comply with Federal due diligence requirements; maintains relationships with various collection agencies and proper reporting to the Attorney’s Office
Works independently to include problem resolution by researching authoritative sources and making recommendations for courses of action relating to student accounting loan issues
Reconciles loan fund system accounts to the general ledger on a monthly basis
Prepares various monthly and year end schedules and journal entries
Works with the Financial Aid Office to ensure all required forms are completed prior to disbursement of any loan funds
Works with various University departments to implement procedures for new loan programs
Maintains a high level of knowledge of Financial Aid rules and regulations as they apply to grants, scholarships, and loan payments
Processes journal vouchers
Assists the Student Accounting Office with student registration which includes receipting USA tuition payments, loan payments, and departmental deposits, on a cash receipting system, balancing the cash receipting system with cash, checks and credit cards received for payment
Reviews and maintains all relevant third-party and internal documents relevant to duties to ensure comprehensive knowledge-base
Prepares annual Department of Education ( DOE ) reports for assigned funds based on applicable deadlines
Works daily within the University Banner Finance System for financial and student related functions
Makes recommendations on policy and procedure changes
Assists with related functions within Student Financial Services and other departments reporting to the Chief Administrative Office
Regular and prompt attendance
Ability to work schedule as defined and additional hours as required
Related duties as required
Qualification
Required
Bachelor's degree in accounting from an accredited institution as approved and accepted by the University of South Alabama
Three years of professional accounting experience
A master's degree in accounting may be substituted for one year of the required experience
Company
University of South Alabama
University of South Alabama is an educational institute that offers various academic courses and programs for students.
Funding
Current Stage
Late StageLeadership Team
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