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Student Financial Services Specialist

Company: Unitek College
Location: Newport Beach
Posted on: May 13, 2022

Job Description:

Overview:
As a leading healthcare education organization, Unitek Learning's family of schools helps thousands of students launch and accelerate their careers every year. As a rapidly growing and highly successful company, Unitek is also a great place to pursue a rewarding and challenging career. We offer a competitive salary, generous benefits, unlimited growth potential, and a collegiate work environment. -We are looking for a Student Financial Services Specialist to join our team. This is a hybrid position, remote from home and reporting to our Newport Beach location. May require occasional campus visits. - -The position is responsible for assisting with daily student account operations, disbursement, cash reconciliations and billing in compliance with Accounting and Financial Aid regulations and guidelines. The position serves as a liaison between the Corporate Student Financial Services, Business Office and Financial Aid Departments. -

Responsibilities:
Monitor and track daily student account transactions including billing, posting deposits and account reconciliationsAbility to read and interpret regulations surrounding Title IV awarding and direct loan certificationsAchieves compliance as established by accrediting agencies, state entities and current established company targetsPost related award data into student operating system to ensure timely and accurate cash flow forecastsPrepare file reconciliations to ensure proper management and posting of scheduled Title IV fundingParticipate as an active team member of Corporate Student Financial Services Department. Ensure active communication and cohesive working relationship with all other departmentsAssist in performing refund calculations and processes credit balances on a timely basisMaintains knowledge of Title IV awarding, satisfactory academic progress, and basic accounting principles for cash managementAttends all applicable training workshops to remain current on Title IV Program, Federal and State regulations, and related to campus based funds management - and Title IV aid awardingMaintains and coordinates awarding, disbursement and student file reportsMaintains knowledge of the College's awarding and refund policiesEnsures ethical and accurate documentation and recordkeeping which meets all company and regulatory agency standardsPrepares statistical and tracking reports as requested by UNITEK managementAbility to schedule Title IV and private funds to funds ledger and cash disbursement rostersProvide exceptional customer service and respond to inquiries from the campusesMust possess a valid driver's license and be able to drive in the United StatesOther duties as assigned

Qualifications:
-2-3 years of experience working in a business office, banking or accounting environmentPreference will be given to individuals who have previous experience working as a Financial Aid Assistant or Specialist at a higher education institutionBachelor's degree with coursework in business, finance, auditing or accounting preferredExcellent customer service, oral and written communication and presentation skillsAbility to work effectively as a member of a teamEfficiency in MS Office, especially MS Excel is requiredEnglish will be the primary language used; bilingual abilities useful but not requiredAbility to meet deadlines and execute multiple prioritiesMust have knowledge of basic accounting principles and office systemsMeet verification standards as determined by the companyWorks with a sense of urgency and responsiveness to students, families and co-workersAchieves a consistent 98% accuracy in originating and disbursing Title IV aidAchieves a consistent 98% accuracy and timeliness in reviewing files for refund calculations and return of Title IV funds

Keywords: Unitek College, Newport Beach , Student Financial Services Specialist, Accounting, Auditing , Newport Beach, California

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