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Accounting Clerk III

Employer
Towson University
Location
Towson, MD
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Job Details

Responsibilities and Duties
    Lead customer service representative who greets in person customers and answers the Student and University Billing Office main telephone number while providing excellent customer service to these external and internal customers.  Responsible for processing monthly reports within ECSI to manage student accounts which are in good status, paid in full, delinquent accounts and credit balances.  Reviews the loan status of Perkins Loans with the following designations: rehabilitation, forbearance, deferments, cancellations, and economic hardships. Download monthly payment reports from the State of Maryland Central Collection Unit to be recorded in the ECSI system and the University's ERP .  Process journal entries for late charges, cancellations and write offs.  Assists with bank reconciliation of Perkins Loan Account through Wells Fargo. Daily interaction with students by phone, email and walk in inquiries regarding collection, repayment, loan rehabilitation, general forbearance, account status, account general questions, and loan forgiveness. Post debit and credit transactions to customer and organizational accounts. Access Wells Fargo Client Account software to monitor and prepare daily wire transfers for payment of student and organizational accounts.Directly responsible for the processing of all wire transfers through Flywire and posting these transactions to the appropriate student accounts.  Maintains and provides a spreadsheet of wire and advancement activity for associate to reconcile the Student and University Billing Office Imprest Fund. Directly responsible for updating collection accounts with paid in full status.  Directly responsible for scanning payment details with the original scanned document and closing accounts as they become paid in full.Directly responsible for scanning any adjustments, petitions, legal documents, and phone inquiry comments from clients so that all correspondence has been updated for future collection action or audits.Various other duties as assigned.
 



Qualifications and Skills
    High School diploma or equivalent and at least three years of accounting clerical related experience.General knowledge of bookkeeping principles, mathematical methods and techniques, and accounting standards.Skill in performing mathematical computations; in reviewing and processing financial documents; in reconciling financial data; in operating calculators, keyboards, manual and automated office equipment, personal computers, and financial software; inputting data accurately.Strong background with customer service preferred.Work experience in a Higher Education environment and PeopleSoft experience also preferred.
Except for qualifications established by law, additional related experience, and formal education in which one has gained the knowledge, skills, and abilities required for full performance of the work of the job class may be substituted for the education or experience requirement on a year-for-year basis with 30 college credits being equivalent to one year of experience.



Organization: Administration & Finance Division
Primary Location: Main Campus
Job Posting: Jan 10, 2025

Organization

Towson CampusTowson University (TU; www.towson.edu) was founded in 1866, is recognized by U. S. News and World Reports as one of the top public universities in the Northeast and Mid-Atlantic regions, and is Baltimore’s largest comprehensive university, and the largest public, comprehensive institution in the University of Maryland System. TU enrolls over 18,000 undergraduates and nearly 4,000 graduate students across six academic colleges (business, education, fine arts, health professions, liberal arts, science & mathematics), has over 865 full-time faculty, and offers more than 65 bachelor’s, 45 master’s, and 5 doctoral programs. Towson University offers many cultural, educational and athletics programs and events that are open to the public ranging from concerts and lecturers to Division I college sports.

Towson Students Our centrally located campus sits on 330  rolling green acres and is 10 miles north of  Baltimore, 45 miles north of Washington  D.C., and 95 miles south of Philadelphia.  The town of Towson, MD. has a population  of approximately 52,000, with tree-lined  streets, shops, restaurants, movies, bookstores, a county library branch, live music venues, and is in walking distance of the TU campus. Towson was established in 1750 and is the seat of Baltimore County government.

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