Senior Accounts Receivable Analyst

Franklin University - Columbus, OH

Full-time - Mid Level

Columbus, OH

Educational Services

About the position

The Senior Accounts Receivable Analyst at Franklin University is responsible for managing the transactional processing and reconciliation functions of the business office. This includes overseeing billing, student tax reporting, student refunds, and audit activities. The role also involves assisting the Assistant Director of the Business Office in directing the work of Analysts and Specialists, as well as supporting various special projects and strategic initiatives of the University. This position is remote, allowing for flexibility in work location.

Responsibilities

• Maintain the accounts receivable subsidiary ledgers and supporting documentation for financial reporting and annual audits.
• Maintain records and complete reconciliations for various accounts related to student activity.
• Perform detailed account analyses to identify student credit balances and issue refunds according to university procedures and federal regulations.
• Administer third party billing processes, providing accurate invoices and follow-up on delinquent accounts.
• Analyze student accounts considering all aspects of the student's financial record.
• Provide training and instruction to Business Office Specialists and maintain process documents for onboarding.
• Establish and implement organizational goals, objectives, and policies; monitor and evaluate effectiveness.
• Research and resolve student account payment discrepancies within the University ERP.
• Maintain existing payment processes and assist in establishing new payment methods.
• Prepare and approve general ledger account reconciliations and detailed account analyses.
• Produce student account reporting for analysis and distribution to leadership.
• Support student-facing offices with billing and account inquiries.
• Coordinate with external auditors to provide requested documentation.
• Support the Assistant Director of the Business Office on various projects and ad-hoc requests.

Requirements

• Bachelor's Degree
• Minimum of 5-7 years relevant accounting and administrative business experience
• Strong analytical skills and ability to work independently
• Strong computer systems aptitude and MS Excel skills.

Nice-to-haves

• Experience with higher education and/or student financial aid
• Experience with veteran and military benefits
• Experience with Ellucian's Colleague ERP system, SQL, Microsoft PowerBI.

Benefits

• Competitive benefits package
• Incentive program
• Free parking
• Free undergraduate tuition for employees and immediate family members
• Graduate tuition assistance for full-time employees and immediate family members
• Discount on doctoral tuition for employees.