Senior Accountant, Bursar Services

$52,087 - $61,637/Yr

Northeast Ohio Medical University - Rootstown, OH

Full-time - Mid Level

Rootstown, OH

Educational Services

About the position

The Senior Accountant for Bursar Services is responsible for managing all aspects of student accounts, including billing, federal loan disbursement, collections, and refunds. This role ensures the integrity and confidentiality of student financial records while complying with relevant regulations. The position requires a strong focus on customer service, financial reporting, and compliance support.

Responsibilities

• Responsible for the billing of student tuition and fees, including third party payers.
• Establishes the tuition and fee billing schedule and reconciles student tuition/fee deposits.
• Assesses late fees on student accounts and sets up student payment plans.
• Coordinates student loan collections and conducts exit interviews.
• Manages communication and account reconciliation between NEOMED and loan servicer.
• Responds to requests for and approves deferment and forbearance applications.
• Contacts delinquent student loan borrowers for collection and responds to inquiries.
• Works with students to assist with payments on their accounts and answers billing questions.
• Prepares and files quarterly and annual financial reports, including annual 1098T tax returns.
• Prepares monthly, quarterly, and year-end reconciliations and analysis on various financial accounts.
• Prepares and submits journal entries with appropriate support.
• Ensures compliance with University, federal, state, and local policies and procedures.
• Prepares documentation and analysis for auditors during the annual financial statement audit.
• Maintains understanding of various ERP modules and keeps current with University policies and accounting standards.

Requirements

• Bachelor's degree in Accounting, Finance, or related field.
• Minimum of 3 years of accounting, accounts receivable, or collections experience.
• Proficient in Microsoft Office Suite, particularly in Excel.

Nice-to-haves

• ERP Experience (Banner preferred)
• Experience in a business office setting of higher education.

Benefits

• Starting Salary Range: $52,087 - $61,637, commensurate with experience.