Tuition Collections Specialist
3 days ago
We are seeking a highly skilled Tuition Collections Specialist - Financial Services to join our team at Partnership Employment. In this role, you will be responsible for overseeing critical aspects of billing, collections, and financial reconciliation.
Estimated salary: $70,000 - $90,000 per year based on location and industry standards.
Main Duties- Tuition billing and collection processes: Oversee tuition billing and collection, ensuring accurate reconciliation of accounts and timely processing of payments.
- Accounting functions: Partner with the Controller on accounting functions, including journal entries, ledger reconciliation, and preparation for external audits.
- Tuition system management: Manage and maintain data within tuition system, including entering charges, credits, and incidental fees.
- Families communication: Communicate with families regarding payment schedules, missed payments, and past-due accounts; collaborate with a collection agency as needed.
- Financial record reconciliation: Reconcile financial records related to tuition revenue, financial aid, tuition remission, and scholarship funds.
- Admissions and Enrollment coordination: Coordinate with Admissions and Enrollment on contracts for financial aid and admissions.
- Vendor database maintenance: Maintain vendor databases, monitor online payment systems, and address inquiries from parents.
- Departmental collaboration: Collaborate with various departments to manage payroll deductions, scholarships, and financial aid reporting.
- Bachelor's degree in accounting or a related field.
- 3+ years of experience in an AR focused role.
- Proficiency with Google Suite, Microsoft Excel, and financial software systems.
- Exceptional interpersonal, written, and verbal communication skills.
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