MBE CPAs ยท 4 weeks ago
Title IV Compliance Auditor
MBE CPAs is a team of accounting experts who help others succeed in their financial journeys. They are seeking a Title IV Compliance Auditor responsible for ensuring compliance with federal financial aid regulations for students and institutions.
AccountingConsultingFinancial Services
Responsibilities
Determining students' eligibility to receive Title IV funds, including Federal Pell Grants, FSEOG, FWS, and Direct Loans (Subsidized, Unsubsidized, PLUS)
Determining institutions' eligibility to receive and administer Title IV funds, including program eligibility, accreditation, and state authorization
Reviewing and reconciling financial aid processes to ensure compliance with federal guidelines
Monitoring disbursements, cash management, reconciliation, and timely returns of Title IV funds
Identifying compliance issues and providing recommendations for corrective action
Qualification
Required
Two-year Accounting associate degree
At least 4 years of experience working in a college financial aid office administering Title IV funds
Strong knowledge of current federal financial aid regulations, including eligibility determination, packaging (budget/COA), and disbursements
Verification and resolution of conflicting information
Satisfactory Academic Progress (SAP) monitoring and term progression
Cash management (G5/G6), reconciliation (Direct Loan Statement of Accounts)
Return of Title IV Funds, including timeliness of refunds
NSLDS (campus and program-level statuses)
COD (accuracy and timeliness of disbursements)
Additional knowledge in accounting and tax preparation
Excellent attention to detail and ability to interpret complex regulations
Preferred
Bachelor's degree preferred
Benefits
Competitive medical, dental, and vision insurance plans.
FSA/HSA account options.
Paid Time Off (PTO).
401 (k) employer matching program to save for retirement.
Tuition reimbursement, CPA assistance, and professional growth opportunities through continuing education.
Supplemental insurance options for life, AD&D, STD, LTD, and critical illness.
Bonuses for helping with business development leads.