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Supervise the student account collections, third-party contracts, and billing functions and ensure all established goals are met. Collaborate with collection agencies, manage the third-party billing process, and ensure quality control. Track receivables and related metrics. Ensure the collection of delinquent receivables in accordance with Commonwealth of Virginia code and the Department of Accounts – Commonwealth Accounting Policies and Procedures (CAAP) guidelines, federal law, and University policies. Provide guidance to other University departments on collection procedures. Supervise staff and provide continued training to promote professional growth, accurate processing, and excellent customer service. Identify and implement best practices and process improvements
Job Responsibility:
Supervise the student account collections, third-party contracts, and billing functions and ensure all established goals are met
Collaborate with collection agencies, manage the third-party billing process, and ensure quality control
Track receivables and related metrics
Ensure the collection of delinquent receivables in accordance with Commonwealth of Virginia code and the Department of Accounts – Commonwealth Accounting Policies and Procedures (CAAP) guidelines, federal law, and University policies
Provide guidance to other University departments on collection procedures
Supervise staff and provide continued training to promote professional growth, accurate processing, and excellent customer service
Identify and implement best practices and process improvements
Requirements:
Working knowledge of the Fair Debt Collection Practices Act (FDCPA), Family Educational Rights and Privacy Act (FERPA) and account receivable applications
Working knowledge of state and federal regulations concerning delinquent accounts and collection laws
Working knowledge of effective collection techniques and the ability to apply those techniques to collection of accounts
Proficiency with Microsoft Office applications, especially Excel
Ability to compile complex data in a clear and concise manner
Strong problem solving and analytical skills and ability to implement remedies as needed
Excellent interpersonal skills
Excellent written and oral communication skills and the ability to communicate complex material
Excellent organizational and time-management skills including the ability to successfully prioritize and manage multiple tasks as well as meeting critical deadlines
Ability to analyze, interpret and implement federal, state and/or University regulations, policies, and procedures
Some knowledge of Generally Accepted Accounting Principles
Ability to analyze and interpret contracts
Ability to exercise sound judgment
Ability to effectively supervise staff
Some supervisory experience or equivalent experience in collections or accounts receivable
Comprehensive experience in university or large industry financial office
Some experience in financial reporting
Some experience in transactional accounting processes and reporting
Nice to have:
Considerable experience in Banner
Considerable knowledge of Financial Aid, Student Services, Student Accounts and collections, or related background
Considerable knowledge in Accounting, Finance, Business Administration, or an equivalent combination of education and/or experience
Some Not-for-profit or government accounting experience preferred