Job Description
Research and answer Student Account inquiries and pursue collection of past due accounts and delinquent balances through direct contact with students by letter, telephone, email and skip tracing. Negotiate with students in establishing payment plans to bring account current and/or awarding payment plans. Offer hardship options in accordance with department guidelines.
Principal Duties & Responsibilities:
(* Essential functions)
Responsible for managing all incoming and outgoing correspondence including but not limited to incoming student letters, emails, phone inquiries, bankruptcies, outgoing statements, invoices and dunning letters
Serves as primary customer service contact via phone and/or written inquiries from such sources as students, funding agencies or parents; provides appropriate information to each in accordance with University and Federal guidelines; contacts other departments on students' behalf and directs students to those departments, when necessary; resolves related problems and coordinates problem-solving with Financial Aid Department.
Assist students in computing budgets for installment plans while implementing appropriate collections processes.
Promotes students' use of direct debit option
Stay up-to-date on outstanding balances and follow up as necessary with collection communications for all outstanding accounts
Prepares regular and special statements and other communications to students
Collaborate with Student Finance to process all student transactions in a timely manner according to federal, state, and company policies.
Performs miscellaneous job-related duties, as assigned
Preferred Experience
Previous experience with accounts receivable preferred - especially within a higher Education environment
Demonstrated experience managing student accounts.
Mathematical skills
Ability to work Saturdays and extended hours, if necessary
Required Experience
High School diploma or its equivalent required; Bachelor’s degree preferred.
1-2 years of relevant experience
Knowledge in Microsoft Office Suite
Excellent customer service orientation; able to deal with challenging situations in a calm and positive manner
Ability to communicate effectively -- orally, by phone, in person, and in writing.
Knowledge, Skills and Abilities, Competencies
Strong orientation towards high-volume, fast paced, time sensitive business operations
Ability to foster a cooperative work environment.
Ability and willingness to adapt to and acquire new software applications and technical skills
Attention to detail and accuracy and ability to follow through
Strong communication, interpersonal, problem solving and excellent analytical skills
Excellent organizational skills with particular ability to multitask and prioritize work
Willingness to learn applicable Department of Education Title IV Regulations.
Ability to use independent judgment and to manage and impart information to a range of clientele
A commitment to a student-centered environment
Ability to work independently and as a part of a collaborative team
Demonstrate initiative and a positive, helpful attitude
High ethical standards