Manager, Student Accounts & Receivables

Position Description Pay Grade: Manager 8This position manages all functions pertaining to cashiering and student accounts. Student accounts encompasses the disbursement of financial aid, processing continuing education and curriculum sponsorships (including VA payments), managing the daily cash deposit, initiating banking wire transactions, and accounts receivable collections.Responsibilities and Duties (*Essential Functions)Complete an annual applied benchmark project on an individual or group basisTo perform this job successfully, an individual must be able to perform the essential job functions satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the primary job functions herein described.*Supervises and evaluates Accounts Receivable staff and the Cashier Supervisor*Oversees the cashiering function for the college; sets direction and strategy for the cashiering function*Manages the student accounts receivable function including collection of student tuition payments*Ensures institutional compliance with PCI for the cashiering function and maintains internal controls over the cash function*Oversees the financial aid disbursement and student refund processes; maintains compliance with Department of Education guidelines; acts as escalation point for General Ledger balancing issues and overall problem resolution.*Manages bank transactions including initiating or approving wire transfers for utility payments, financial aid disbursements, and student refunds*Oversees and sets guidelines for the Nelnet Payment Plan and Paypal credit card processing functions; acts as escalation point for payment site issues*Ensures that the cash deposit is deposited daily by assigned staff; resolves any issues that arise with the NC Community College Systems office or banking institution*Oversees all petty cash funds and ensures balances are correct through quarterly cash audits*Calculates all accounts receivable accruals; prepares and enters corresponding journal entriesImplements and enforces new policies and procedures to maintain internal controls and compliance with federal, state, and local regulationsPrepares and enters accrual journal entries and assists with annual Financial StatementsOversees complex student account reconciliation and archiving processesResponsible for ensuring returned funds from BankMobile are properly returned to studentsMaintains tuition rates for the college; creates and corrects student invoices as neededOversees Curriculum and Continuing Education sponsorships and approves all related invoicesOversees and/or performs special projects and represents the College internally and externallyQualifications Knowledge, Skills, and Abilities Attention to detail and high degree of accuracyKnowledge of state and federal financial guidelines pertaining to Financial Aid refundsPossess effective communication skillsFamiliarity with reconciliationsThorough knowledge of accounting principles and practices and theories of accounting, auditing, budgeting or financial management and knowledge of trends and merging technologies/automationKnowledge and understanding of PCI compliance requirementsAble and willing to be an active member of the team; team-orientedAbility to multitaskAbility to meet deadlines consistentlyDemonstrates outstanding customer service skillsKnowledge and understanding of accounts receivableMinimum Requirements Bachelor’s degree in Accounting or Business Administration or an equivalent combination of education and experienceSeven years of related accounting experiencePrior leadership/supervisory experienceAbility to pass a credit checkAs an equal employment opportunity employer, Wake Tech values our workforce. Wake Tech is committed to reaching students in every part of Wake County and rallying around them to go as far as their dreams, talents and resilience will take them. As an institution of higher education, we are committed to valuing the unique experiences of the Wake Tech community. We strive to be self-reflective of the kind of student body we represent and the culture we are building, and we care deeply about supporting each employee’s professional growth.Benefits at a GlanceWake Technical Community College provides a comprehensive, affordable insurance and benefits program. We are continuously investigating new benefit offerings that are responsive to the needs of our annual** employees. Click for more information.

• State Health Plan
• Health Care and Dependent Care Flexible Spending Accounts
• Health Care Exchange Notice
• Dental Insurance
• Vision Insurance
• Additional Supplemental Insurances
• Disability Plan
• NC Retirement Plan
• Leave (Vacation, Sick, FMLA, Civil and Military, Community Service, Education, and Voluntary Shared)
• Paid Holidays
• Prior State Service Verification
• Supplemental Retirement Plan
• Employee Assistance Program
• Education Benefits
• College Savings Program
• State Employees’ Credit Union
• State Employees Association of NC (SEANC)
• Employee Discount Program
• Identity Theft Insurance

For further information, please contact 919-866-7890.**Please note: Most temporary (part-time or full-time) employees do not earn benefits.

Wake Technical Community College