Under direction of the Controller, The Manager of Student Finance and Cash Management is responsible for implementing all aspects of the University’s student finance activities including assessment, collection, financing, management of awards from Federal and other internal and external sources. Coordinate financial activities related to student life initiatives.
Manager will also oversee cash management and banking functions of all aspects of the University. Ensure proper performance of all cash receipts and revenue transactions, banking functions and investment transfers. Maintains student financial records and completes student transactions including awards from federal and other funding sources. Performs account reconciliations, creates journal entries, prepares audit schedules, controls University assets and performs ad hoc analysis.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Manage Student Finance activities and ensure proper collection and accounting.
Ensure students are properly assessed for University tuition and fees.
Apply payments from a variety of sources, including internal and external scholarships, loans, and payment plans.
Coordinate reporting and audit activities with a variety of regulatory agencies, including the Department of Education, Veterans Affairs, and others.
Coordinate Private funds reporting and regulation with the Department of Advancement.
Develop policies and procedure to ensure proper handling of federal returns and refunds.
Ensure student tuition credits are accurate and distributed timely and within federal requirements.
Serve as point person for Student Finance aspects of annual audits.
Be provide expertise and advice on selection, development, and implementation of new ERP or other student service-related tools and programs.
Develop and implement financial policies and practices surrounding future student life initiatives, including residency, dining, bookstore, and event activities.
Counsel and educate students regarding financial activities and obligations.
Manage internal student lending programs.
Manage, create and Distribute 1098T student tax documents and file returns.
Record all treasury activities of the University: Banking transactions, investment transfers, Cash receipts; Research and resolve exceptions.
Initiate and control wire transactions.
Maintain banking relationships
Process cash deposits.
Record accounts receivable activities in accordance with Federal and other agency requirements. Ensure proper revenue recognition.
Prepare journal entries as required.
Prepare schedules and analyses for internal and external auditors.
Compile data for and prepare regularly scheduled or ad hoc reports, analyses, and statements.
Work with University departments to maintain the general ledger.
Maintain accounts receivable.
Participate in student orientation and information sessions.
Counsel students as necessary to achieve payment goals.
Perform other duties as assigned.
B.S. degree in accounting, business administration or other related area. A combination of relevant education and experience may substitute for the degree requirement.
At least five years of experience in finance or accounting.
Experience in a University or non-profit setting preferred.
Experience with federal disbursement guideline preferred.
DESIRABLE KNOWLEDGE / SKILLS / ABILITIES:
Knowledge of Generally Accepted Accounting Procedures.
Ability to prepare clear, concise, and appropriate oral and written reports.
Strong computer skills including MS Excel, Access, and Word
Familiarity with Great Plains accounting software.
Familiarity with Power Campus or similar student financial software.
The ability to perform complex work with attention and care, including high level review, analysis, and interpretation, complex research, and preparation/presentation of complex oral and written reports is paramount to the success of this position.
Ability to work effectively with a diverse community.
Additional Salary Information: Commensurate with experience.
Charles R. Drew University of Medicine and Science (CDU) is a premier mission-driven university dedicated to transforming the lives of underserved communities through health professions education, biomedical research and compassionate patient care. Since incorporating in 1966 out of the ashes of the Watts rebellion, we’ve been serving South Los Angeles and beyond by working to eliminate health dis...parities and providing unique, quality education and training opportunities. CDU has produced thousands of diverse health care leaders ready to provide care in today’s workforce with excellence and compassion.
Excellent health and wellness for all persons, peoples and communities, in a world without health disparities.
The University develops a diverse group of health professional leaders who seek social justice, promote wellness, provide care with excellence and compassion, and are uniquely qualified to transform the health of underserved populations through outstanding education, research, and clinical services in the context of community engagement.
Excellence Accountability Compassion Diversity Integrity
Legacy Service Community Innovation Leadership
Back to top
MFM 550 W. Frontage Road Ste. 3600 Northfield, IL 60093