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)
POSITION DESCRIPTION:
Reporting directly to the Chief Financial Officer, the Bursar will be responsible for the overall operation of the student accounts office, including third-party billing, accounts receivable, collections, student health insurance, the cashiering functions of OCOM, and the management of the Campus Café Accounts Receivable module.
The Bursars Office is responsible for the billing and collection of tuition-related charges and will work closely with the Director of Financial Aid in administering loan and scholarship payments.
The Bursar develops a knowledge of all billing policies and procedures associated with tuition and loans. Counsel students in regard to receiving tuition statements, credit disbursements, and payment options.
The Bursar assists in the development of processes including the creation/updating of office policy and procedures associated with programs in which they are involved.
Responsibilities and Duties:
Knowledge, Skills, and Abilities
Required Qualifications