NAFSA: Association of International Educators
Director of Student Accounts
NAFSA: Association of International Educators, New York, New York, us, 10261
Overview
LIM College – Where Business Meets Fashion – is seeking a Director of Student Accounts. LIM College educates students for success in the global business of fashion and its related industries, located in midtown Manhattan. The college offers undergraduate majors in Fashion Merchandising, International Business, Management, Marketing, and Visual Merchandising, and graduate programs including an MBA and various MPS programs. Position
Director of Student Accounts Location: New York, NY • Speciality Finance • Hours: Full-time • Employment Type: Permanent • Organization Type: College / University Salary: $90,000 – $95,000 annually Application: Apply on website Position Purpose
The Director of Student Accounts coordinates, plans, and oversees the tuition billing and collections processes for undergraduate and graduate students and supervises multiple Student Accounts Advisors. Responsibilities
Lead a team of Student Accounts Advisors in a student-centered environment with exceptional customer service, ongoing training, and staff development Serve as the College Bursar Design, implement, and maintain a comprehensive Accounts Receivable strategy, including standardized processes and procedures to be executed consistently by all Student Accounts staff; ensure alignment with institutional goals, regulatory requirements, and best practices in student financial services Manage the assessment and collection of millions of dollars in gross tuition and fee revenue for all undergraduate and graduate programs 3rd-party vendor management Manage collection agency relationships Responsible for regularly scheduled mailing of statements for delinquent out-of-school accounts Regularly review the status of the receivable balance and strategize to reach an optimum level of outstanding accounts receivable Oversee and manage student data preparation for Form 1098-T annually in accordance with current IRS guidelines Create and maintain the tuition and fee rate tables to ensure accurate billing for all students in accordance with current academic-year tuition and fee rates annually Provide key performance indicator data to various organizational leaders on a quarterly basis Maintain, review, and revise accounts receivable policies, procedures and guidelines on an annual basis – and as necessary, including representation of student accounts in staff meetings and institutional events/functions such as orientation Oversee the Student Accounts email inbox Serve as a point of contact for VA responsibilities and the New York State Tuition Assistance Program (TAP), including reporting, state approving application statuses, distribution of funds, and audit results Reconciling student accounts with the general ledger Other responsibilities as assigned Required Qualifications
Knowledge and Skills:
Demonstrated experience and deep knowledge of higher education principles, practices, and procedures as they relate to student account operations Knowledge of college and/or public auditing policies, standards, and procedures In-depth knowledge and demonstrated experience with federal and state financial aid and finance regulations, as well as college financial policies and procedures, including the Code of Federal Regulations, Department of Veterans Affairs (VA) education benefits, and the Truth in Lending Act (TILA); provides ongoing oversight to ensure compliance with all applicable laws and institutional guidelines Skill in fiscal management Demonstrated experience in cashiering and cash management principles, systems, procedures, and standards Knowledge of accounting and accounts receivable principles, methodology, and practices Management experience strongly preferred Experience using a data ERP system (e.g., Sonis or similar) to analyze data and prepare reports Ability to foster a cooperative and inclusive work environment Education
Bachelor’s Degree required Experience
Minimum five years of related professional experience in collections, billing, customer service, and management, preferably within higher education Work Perks
Hybrid Work Schedule (4 days in office per week) College Closed for Summer Fridays Tuition Remission or Tuition Exchange 6 Weeks of Paid Holidays Birthday Day to Celebrate your Birthday 2-4 weeks of vacation based on longevity; 7 sick days annually Medical, Dental, Vision, Employee Assistance, 401K, etc. Company
LIM College educates students for success in the global business of fashion and its many related industries. Located in midtown Manhattan, LIM College fosters a connection between real-world experience and academic study in business principles. Undergraduate majors include Fashion Merchandising, International Business, Management, Marketing, Visual Studies, Business of Fashion; graduate programs include MPS in Fashion Marketing, Fashion Merchandising & Retail Management, Global Fashion Supply Chain Management, and Consumer Analytics. Share this job Facebook Twitter LinkedIn
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LIM College – Where Business Meets Fashion – is seeking a Director of Student Accounts. LIM College educates students for success in the global business of fashion and its related industries, located in midtown Manhattan. The college offers undergraduate majors in Fashion Merchandising, International Business, Management, Marketing, and Visual Merchandising, and graduate programs including an MBA and various MPS programs. Position
Director of Student Accounts Location: New York, NY • Speciality Finance • Hours: Full-time • Employment Type: Permanent • Organization Type: College / University Salary: $90,000 – $95,000 annually Application: Apply on website Position Purpose
The Director of Student Accounts coordinates, plans, and oversees the tuition billing and collections processes for undergraduate and graduate students and supervises multiple Student Accounts Advisors. Responsibilities
Lead a team of Student Accounts Advisors in a student-centered environment with exceptional customer service, ongoing training, and staff development Serve as the College Bursar Design, implement, and maintain a comprehensive Accounts Receivable strategy, including standardized processes and procedures to be executed consistently by all Student Accounts staff; ensure alignment with institutional goals, regulatory requirements, and best practices in student financial services Manage the assessment and collection of millions of dollars in gross tuition and fee revenue for all undergraduate and graduate programs 3rd-party vendor management Manage collection agency relationships Responsible for regularly scheduled mailing of statements for delinquent out-of-school accounts Regularly review the status of the receivable balance and strategize to reach an optimum level of outstanding accounts receivable Oversee and manage student data preparation for Form 1098-T annually in accordance with current IRS guidelines Create and maintain the tuition and fee rate tables to ensure accurate billing for all students in accordance with current academic-year tuition and fee rates annually Provide key performance indicator data to various organizational leaders on a quarterly basis Maintain, review, and revise accounts receivable policies, procedures and guidelines on an annual basis – and as necessary, including representation of student accounts in staff meetings and institutional events/functions such as orientation Oversee the Student Accounts email inbox Serve as a point of contact for VA responsibilities and the New York State Tuition Assistance Program (TAP), including reporting, state approving application statuses, distribution of funds, and audit results Reconciling student accounts with the general ledger Other responsibilities as assigned Required Qualifications
Knowledge and Skills:
Demonstrated experience and deep knowledge of higher education principles, practices, and procedures as they relate to student account operations Knowledge of college and/or public auditing policies, standards, and procedures In-depth knowledge and demonstrated experience with federal and state financial aid and finance regulations, as well as college financial policies and procedures, including the Code of Federal Regulations, Department of Veterans Affairs (VA) education benefits, and the Truth in Lending Act (TILA); provides ongoing oversight to ensure compliance with all applicable laws and institutional guidelines Skill in fiscal management Demonstrated experience in cashiering and cash management principles, systems, procedures, and standards Knowledge of accounting and accounts receivable principles, methodology, and practices Management experience strongly preferred Experience using a data ERP system (e.g., Sonis or similar) to analyze data and prepare reports Ability to foster a cooperative and inclusive work environment Education
Bachelor’s Degree required Experience
Minimum five years of related professional experience in collections, billing, customer service, and management, preferably within higher education Work Perks
Hybrid Work Schedule (4 days in office per week) College Closed for Summer Fridays Tuition Remission or Tuition Exchange 6 Weeks of Paid Holidays Birthday Day to Celebrate your Birthday 2-4 weeks of vacation based on longevity; 7 sick days annually Medical, Dental, Vision, Employee Assistance, 401K, etc. Company
LIM College educates students for success in the global business of fashion and its many related industries. Located in midtown Manhattan, LIM College fosters a connection between real-world experience and academic study in business principles. Undergraduate majors include Fashion Merchandising, International Business, Management, Marketing, Visual Studies, Business of Fashion; graduate programs include MPS in Fashion Marketing, Fashion Merchandising & Retail Management, Global Fashion Supply Chain Management, and Consumer Analytics. Share this job Facebook Twitter LinkedIn
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