Director of Financial Aid

Summary:

This position directs, manages, and supports the campus to ensure compliance with the Title IV Program, federal and state regulations, company policies and procedures, and established corporate goals and objectives. This position serves as a liaison with related corporate leadership in financial aid, finance, and operations.

Essential Duties and Responsibilities:

• Manage campus level financial aid operations to ensure compliance with the Title IV Program, federal and state regulations, and company policies and procedures.
• Implement, monitor, and enforce corporate financial policies and procedures. Provide updates of financial aid, credit programs and collections policies and procedures through campus visits and one-on-one training sessions.
• Manage the financial aid process to ensure the accurate and timely processing of student financial aid files and the proper processing of federal funds in accordance with Title IV regulations. Ensure campus funds processing levels meet the goals and objectives.
• Monitor campus collection activities of outstanding student accounts to ensure timely recovery of payments and maintain appropriate accounts receivable levels.
• Direct internal controls for cash management to ensure appropriate cash flow levels and compliance with 90/10 standards.
• Compile, prepare and analyze monthly reports in support of campus financial aid processing. Prepare documentation and reporting requirements to meet compliance audit standards.
• Provide ongoing financial analysis of current operations to make strategic recommendations to leadership.
• Participate as an active member of the Management Team and ensure active communication and cohesive working relationship with all departments.
• Train and develop assigned personnel in performing highly structured and time sensitive work with standard operating procedures.
• Attend all applicable conferences and training workshops to remain current on Title IV Program, Federal and State regulations, and related cash management procedures. Ensure that assigned personnel attend applicable related trainings.
• Perform other duties and responsibilities as assigned.

Qualifications:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily, requires excellent communication skills, proficiency in computer applications, ability to think on your feet, and ability to handle multiple tasks. This position requires the ability to communicate effectively at all levels of the organization. Effective interaction across departmental boundaries must be maintained.

Essential Skills and Experience:

• Ability to work comfortably with people.
• Self-starter.
• Able to work on their own with little director.

Equipment Used:

• Computers, phone, fax machine, xerox machine.

Physical and Mental Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Working Conditions: School environment. Most of the work requires routine walking, standing, bending and lifting.

Education and/or Experience:

A bachelor’s degree is preferred or three to five years’ experience managing a campus financial aid office; Must possess comprehensive knowledge of Title IV Program and related processes to ensure full compliance with Federal and State regulations; Three to five years’ experience in managing a staff to effectively impact company financial operations and meet corporate goals and objectives; Or an equivalent combination of education and experience.

Benefits:

• 401(k)
• Dental insurance
• Employee assistance program
• Health insurance
• Life insurance
• Paid time off
• Retirement plan
• Vision insurance

Work Location: In person

Salary : $62,877 - $99,516