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Financial Analyst
2 months ago
Job Summary
The Virginia Cooperative Extension is seeking a highly skilled and detail-oriented Financial Analyst to join our team. As a key member of our Bursar's Office, the successful candidate will be responsible for performing reconciliations and reporting of Banner funds and accounts receivable related to federal, state, institutional, and third-party sponsors of aid to Virginia Tech students, local loan programs, and other Bursar funds.
Key Responsibilities
- Reconcile and report Banner funds and accounts receivable
- Work closely with University Scholarship and Financial Aid (USFA) staff to research and resolve discrepancies with monthly and year-to-date statements and aid disbursements
- Perform monthly reconciliations of select waiver, revenue, and third-party funds related to the Bursar's monthly operations
- Review and approve the weekly billing process of all daily financial aid disbursements
- Coordinate the monthly billing to the Virginia Tech Foundation for departmental scholarships and Athletic Endowment Scholarships
Requirements
- Degree or certificate in accounting, business administration, or related field of study or equivalent experience
- Knowledge of GAAP accounting and practices and internal controls related to payment monitoring, acceptance, and compliance
- Strong communication and interpersonal skills
- Ability to work independently, handle diverse tasks, and work cooperatively in a team environment
- Customer service experience working with a variety of people in a high-volume, dynamic environment
- Strong organizational and time management skills
- Demonstrated ability to work well under pressure with a high degree of accuracy and meet deadlines
- Experience with performing financial calculations, reconciliations, and dispute resolution
- Working knowledge of Microsoft Office applications with high proficiency in Excel & Word
- Strong analytical and problem-solving skills
Preferred Qualifications
- Bachelor degree or higher in Business, Accounting, or other related field
- Experience in higher education, accounts receivable, or student financial aid
- Experience with enterprise systems like Ellucian Banner
Pay Band
4
Appointment Type
Restricted
Salary Information
Commensurate with experience with a salary range of $58,000-$62,000 per year