Posted with Limited Access No Posting Number S01119 Full-Time/Part-Time Full-time Typical Hours Per Week 38.75 Regular, Temporary or Term Regular Benefits Eligible? Yes Hourly/Salaried Salaried Band/Level MG3 Hiring Minimum $63,170 Department Student Financial Services Location Middlebury, VT Campus Hire contingent upon successful completion of the following post-offer screening Criminal Background Check
Position Summary The Bursar has broad responsibility for the planning and direct banking/finance activities while monitoring integrity relating to the receipt and disbursement of Middlebury College funds controlled by the Student Financial Services Office. Bursar supervises Cashier's Office which handles cash operations for all retail locations. Bursar manages current student account activity as well as debt collection for the College.
Responsibilities Essential Functions Offer is contingent upon successful completion of a criminal background check.
Specific responsibilities include, but are not limited to:
This position provides leadership and direction for services related to counseling students and families on financing/payment options, holds, billing, collections, and compliance with internal and external policies and regulations.
Provide leadership for all using the student information and accounts receivable system.
Supervise Assistant Bursar and Cashier, including hiring, evaluating and training.
Manage current and past due tuition accounts, with the objective of assisting students in maintaining their enrollment while supporting the fiscal objectives of the College.
Build and maintain adequate safeguards and controls in the billing and collection of student fees.
Manage the review of delinquent loans and the decision making process regarding collections and the assignment of these loans to the federal government when appropriate.
Facilitate the Registrar Office in the semester student holds.
Ultimate responsibility for the timely and accurate processing and depositing of College-wide revenue including all deposits flowing through the Cashier's office.
Select and work with outside collection agencies concerning account and loan placements.
Work with the AVP to assist in choosing the best options for student health insurance and tuition refund insurance.
Maintain web pages related to student accounts including accurate costs.
Ensure in collaboration with the SFS Systems liaison(s), that all Banner modules and processes related to AR are working effectively and efficiently including testing upgrades and implementing new functionality.
Responsible for making presentations to student groups; and other duties as assigned.
Responsible for managing the compliance, collections and accounting of the Federal Perkins Loan and College Loan programs.
Responsible for coordinating cash requests from the Department of Education.
As a key member of the Student Financial Services management team reporting to the AVP for Student Financial Services, the Bursar is responsible for development and implementation of new initiatives; leading the review and development of policies and procedures; assisting in year-end close, FISAP and audits.
General Responsibilities Performs other related duties as required.
Qualifications Education Bachelor's degree in Finance or Accounting required and Master's in business administration preferred.
Knowledge, Skills and Abilities
Strong organizational skills, detail-oriented and capable of self-managing and multi-tasking in a fast-paced, demanding environment.
Strong communication skills. Ability to discuss both aid or full pay concerns with student/ parent.
Knowledge of Banner student account, financial aid and general ledger areas.
Knowledge of federal loan regulations, as well as institutional loan policies and practices.
Knowledge of federal disbursement, refund, and cash-handling rules.
Ability to adapt to various computer information systems and changing technology.
Five to seven years of full time professional experience in student accounts, financial aid, or accounting-related area in higher education environment, of which at least four years have been in a supervisory, administrative, or managerial capacity.
Strong financial counseling, accounting, analytical and technical skills.
Solid understanding of federal regulations regarding Title IV and private loans and proven track record on compliance; technical and functional knowledge of computerized billing and accounts receivable systems.
Knowledge of Banner preferred
Ability to work under pressure with frequent interruptions.
Open Until Filled Yes Special Instructions to Applicants Offer is contingent upon successful completion of a criminal background check.
Recommendations Some postings require contact information for reference providers for confidential letters of recommendation.
Recommendation Letter Requirements Please note that the Online Reference Letter Feature is not being used for this posting. Candidates are asked to provide reference information as described in the Applicant Document section instead.
From its proud history spanning more than two centuries, Middlebury College has emerged as one of a handful of the most highly regarded liberal arts colleges. Middlebury is unique among these schools in being a classic liberal arts college that also offers graduate and specialized programs operating around the world.