MUSC Health · 19 hours ago
UNIV - Accountant/Fiscal Analyst II
The Medical University of South Carolina (MUSC) is seeking an Accountant/Fiscal Analyst II to manage student tuition accounts receivable and serve as the primary contact for the Bursar's Office. This role involves processing financial support forms, reconciling accounts, and coordinating with various university departments to resolve billing issues.
Health CareHospitalMedical
Responsibilities
Processes all Authorization of Financial Support (AFS) forms submitted to Student Accounting. Verifies non-employee status with Payroll. Ensures all required approvals are received prior to processing. Tuition waivers and remission amounts are sent to Financial Aid for posting. Internal tuition payments are forwarded to Bursars staff member to post and to Financial Aid so that the amount can be added to the student's award package
Assist with the scheduling of student stipends. Verify the accuracy of the payment method, term, and fund source based on information found on the student ledger card. Processes all transactions for student receivable accounts, including posting journal and ledger entries, computation of tuition and fees due, and posting of academic charge distribution as needed
Responsible for reconciliation of student balance holds. Maintains an up-to-date list of students with past due balance holds and conducts outbound phone/email outreach as needed. When required, responsible for adjusting student accounts in the Student Information System for payments rejected by TouchNet and then notifying the student in order to make arrangements for a new payment
Serves as the primary customer service point of contact for the Bursar's Office. Assist students and other clients with all issues regarding Student Accounting processing, including verification of bills, refund of loans, and verification of payments made. Coordinate with Financial Aid, Office of Enrollment Management, and Colleges as needed to resolve any issues according to University policy
Applies principles of accounting to reconcile student loan detail reports and student past due accounts receivable report from the third-party vendor with our general ledger; creates journal entries in OurDay as needed; creates, maintains, and reconciles manual control ledgers pursuant to federal and state loan program guidelines. Accurately and timely completes monthly reconciliations, including the addition of the Tuition Waivers program
Manage tuition accounts receivable for active students. Manage tuition A/R and return of Title IV federal student aid funds (ROF) accounts for former students
Responsible for processing interterm balance transfers. Other duties and cross-training, as assigned
Responsible for managing the preparation and calculation of the monthly loan advance report for FTP to ECSI, thereby notifying them of the new loans made to students over the period. Also responsible for posting the monthly journal entry to record the cash received from ECSI monthly for loan repayment
Creates and/or updates on an ongoing basis a desktop procedure manual for the position
Review/approve staff journal entries. Applies the principles of accounting theory to perform complex and accurate professional accounting duties in the creation and maintenance of interim and year-end Student Accounts audit schedules
Qualification
Required
A high school diploma and three years of professional experience in a related area such as accounting, auditing, finance, or commercial lending
A bachelor's degree with multiple accounting courses may be substituted for two years of the required work experience
Computer literacy
Company
MUSC Health
MUSC Health provides health-care services through its patient- and family-centered care, education, research, and various partnerships. It is a sub-organization of Medical University of South Carolina.
Funding
Current Stage
Late StageTotal Funding
$133MKey Investors
Armadale Capital
2019-12-19Debt Financing· $133M
Leadership Team
Erik Summers
Chief Medical Officer
Recent News
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