Virginia's Community College System · 5 hours ago
Accounts Receivable Specialist
Richmond, VA
Full-time
Hybrid
Mid Level
$50K/yr - $57K/yrVirginia Peninsula Community College changes lives, empowers students to succeed, and enhances the social and economic vitality of the region through high-quality education and workforce training. The purpose of this position is to provide excellent customer service, student account maintenance, and revenue and receivable transactions processing for the College in compliance with the Commonwealth of Virginia and relevant policies.
E-LearningEducationHigher Education
Responsibilities
Responding to all individuals contacting the Student Accounting Office in a timely, courteous, and professional manner
Processing payments accurately and timely to student and third-party accounts
Preparing cash/check deposits for the bank
Preparing deposit batches with adequate supporting documentation and accurately keying to Administrative Information System (AIS) according to Commonwealth Accounting Policies and Procedures (CAPP) manual
Reconciling all deposits recorded in AIS from various online payment and refunding systems and banks
Processing third party and student billing (including dual enrollment), collections and cash application/waivers processing for invoices
Processing financial aid award postings, refunds, and reconciliations
Prepare DOE drawdown requests, bank wires and transfers and journal entries for financial aid processes
Process non-financial aid refunds including batch and manual process, funding requests and reconciliations
This position is expected to exemplify the principles detailed in the College’s Culture of Care framework, actively contributing to a supportive and thriving environment for our students, staff, and broader community
May be required to perform other duties as assigned
May be required to assist the agency or state government generally in the event of an emergency declaration by the Governor
Qualification
Required
Considerable work-related experience performing technical accounting support duties, including posting, balancing, adjusting, maintaining, and reconciling accounts and financial records according to established policies and procedures
Considerable experience performing detailed work with numerical data and making mathematical calculations accurately
Considerable experience verifying the accuracy of figures, calculations, and postings of fiscal transactions
Relevant experience answering student/customer inquiries and providing solutions and resolutions
Ability to work at all campus locations
Previous experience in accounts receivable and/or customer service
Thorough knowledge of student financial aid processes and terminology
Thorough knowledge of generally accepted accounting principles (GAAP)
Thorough knowledge of account analysis and fund accounting
Thorough knowledge and understanding of state fiscal policies
Thorough knowledge and understanding of student accounts
Complete knowledge of customer service and business telephone etiquette
Proficient with Microsoft Office Suite or similar software
Effective oral and written communication skills
Strong communication and interpersonal skills with the ability to interact and work with individuals at all levels
Attention to detail with a focus on thoroughness and quality
Strong mathematical skills and analysis techniques
Basic skills using a computer and various software packages
General bookkeeping skills
Customer service skills include active listening, clear written and verbal communications, complaint resolution, empathy, and positivity
Must have the ability to work independently or in a team environment
Able to understand and interpret rules, regulations, statutes, and laws
Ability to prepare financial reports and statements for students
Ability to perform detailed work involving written or numerical data and compute calculations quickly and accurately
Able to effectively communicate with diverse populations and maintain confidentiality, Family Educational Rights and Privacy Act (FERPA)
Ability to prepare and maintain accurate records
Ability to prioritize tasks to adhere to deadlines while maintaining accuracy
Preferred
Relevant accounting working experience within a higher education, governmental, or not-for-profit setting
Company
Virginia's Community College System
Since 1966, Virginia’s Community Colleges have given everyone the opportunity to learn and develop the right skills so lives and communities are strengthened.
Founded in 1966
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Dennis Moynihan
Director, Shared Services Center
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