Bursar manages and oversees operations of student, faculty, and staff accounts. Provides leadership and direction for tuition and fee structure, financial aid resources, billing and receivables, petty cash, and payments. Being a Bursar is the custodian of institutional funds. Ensures compliance with university, state, and federal regulations and standard accounting procedures. Additionally, Bursar requires a bachelor's degree. Typically reports to a top executive officer. The Bursar typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. To be a Bursar typically requires 3+ years of managerial experience. (Copyright 2024 Salary.com)
Bursar
Summary
This position is responsible for the overall operation of student billing, receivables and collections. This includes payment plans, deferment program, third party accounts receivable billing, and collection of past due balances. Position works closely with the financial aid department. Reports to the Controller.
Responsibilities
Manage student payment plans and maintain deferred tuition accounts. Actively monitor accounts and adjust payment plans as needed due to changes in registration and financial aid. Handle all payment plan questions and correspondence. Process monthly student billing statements and student refunds. .Reviews delinquent accounts. Discusses and consults with students regarding repayment schedules. Work with collection agencies on past due balances recording payments, settlements and bankruptcies and reconciling general ledger accounts. Enter bookstore vouchers and reconcile monthly with Follett billing statements and reconciling of declining balance liability account when implemented. Process 1098-T’s and 1042S’s at year end.
Qualifications
Bachelor’s degree in accounting or related field, plus 5 years experience in billing and collection of accounts receivable, preferably in higher education or non-profit institution. Knowledge of accounting procedures and federal financial aid desirable. Strong excel and database skills. Must be able to work without constant supervision, make decisions and exercise good judgment. Solid communication skills with not only internal constituents, but students from varied social, educational and economic backgrounds. The ability to exercise tact and discretion when handling confidential information and difficult student situations. Ability to consistently perform duties in a manner supportive of the mission of Ursuline College and its values and philosophy.
How to Apply
Candidates should email cover letter, resume, salary requirements to julie.herbert@ursuline.edu Review of applications will begin immediately and continue until position is filled.
Ursuline College is an Equal Opportunity Employer committed to diversity and is focused on hiring from groups traditionally underrepresented in higher education, with the goal of increasing its diversity among faculty and staff. Nearly one third of the students at Ursuline are members of historically underrepresented communities. The college seeks to become a more diverse and inclusive place of learning, building a sense of community for all.
Job Type: Full-time
Pay: From $50,000.00 per year
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Work Location: In person