Financial Aid Accountant
Office of Financial Aid
Exempt, Regular, Full-Time, Range 1/Zone 2
The University of Maryland University College (UMUC) is seeking a Financial Aid Accountant. The Financial Aid Accountant specializes in the Return of Title IV Funds to assess student enrollment and determine if any financial aid adjustments are required. This position will evaluate financial aid applicants and determine if awards need to be adjusted in accordance with state, federal, and institutional policies governing financial aid.
SPECIFIC RESPONSIBILITIES INCLUDE:
Review complex enrollment scenarios to determine if a Return to Title IV Funds calculation, post withdrawal disbursement or loss of financial aid eligibility is required, and use strategic and independent judgment to perform R2T4 calculations within the federally mandated timeframes.
Create computerized reports, merge and evaluate data from multiple sources, change award amounts, maintain statistical data, and generate communications to students.
Counsel and advise students, parents, and UMUC staff on the impact of changes in enrollment, financial aid eligibility and balances due to the university.
Maintain current knowledge of federal Title IV regulations, state rules and institutional policies pertaining to financial aid and identify ongoing improvements/automation for the R2T4 process. Develop R2T4 models for each semester.
Perform other job related duties as assigned.
REQUIRED EDUCATION AND EXPERIENCE: Bachelor's (BA/BS) degree from an accredited institution of higher learning and minimum of four (4) years of professional experience in higher education, banking, accounting, business or customer service. Working knowledge of Title IV regulations and programs; Ability to work with detailed, factual information from a variety of sources; Excellent interpersonal, verbal and written communication skills; Demonstrated experience with computerized office systems including but not limited to Microsoft Office applications such as Word, Excel and PowerPoint; Demonstrated ability to prioritize and manage multiple administrative tasks with minimal oversight; Demonstrated experience providing customer service in a timely and proficient manner.
PREFERRED EDUCATION AND EXPERIENCE: Financial aid experience preferred. Functional experience with PeopleSoft and/or Sales Force also preferred.
POSITION AVAILABLE IMMEDIATELY
WILL REMAIN OPEN UNTIL FILLED
SALARY COMMENSURATE WITH EXPERIENCE
All submissions should include a cover letter and résumé. UMUC offers an excellent benefits package to include up to 8 credits of tuition remission per semester, a minimum of 25 days of leave, and a range of insurance options. For detailed benefits information, please visit http://www.umuc.edu/visitors/careers/benefits.cfm
Effective April 1, 2013 and going forward, all stateside external hires that apply to and are accepted for a UMUC stateside staff or collegiate faculty position, will be subject to the satisfactory completion of a pre-employment background review. This includes, but is not limited to, employment and education verification and criminal records check.
UMUC – an Equal Opportunity Employer. The University distributes an annual information report which includes campus security information that is available to prospective employees.