Accountant 2 Bursar Loans and Collections

Profile

The Bursar's office of Loans and Collections is seeking an Accountant 2 to join the team.

This individual will be engaged in the day-to-day administration of specialized activities requiring training and on-the-job professional experience.

Primary Duties

 

*Ability to maintain confidentiality, follow written processes, use multiple databases include financial systems, to reconcile accounts, and to recommend solutions to discrepancies as well as continue to monitor accounts and systems *Perform independent reconciliation of various federal loans, institutional loans and other university debts.  The reconciliations are performed weekly, monthly and annually. *Assist with booking items to the loans servicer and preparing and executing journal entries for ongoing update of funds. *Ongoing reconciliation with third party vendors, such as the loan servicer, the A/R payment plan provider and the Ohio Attorney General’s Office. *Processing of inbound and outbound files for the third party vendors, as well as problem resolution *Coordinate and prepare the documentation required to pursue litigation upon notification from outside counsel.  This may include affidavits, complaints, production of documents, interrogatories coupled with a reconciliation of the debt. *Process disputes/validation of debt, both loans and tuition, from Attorney General Office, Special Counsel and/or Collection agencies.  Research, reconcile and scan file for future reference. *Coordinate and prepare documents when notified by the Bankruptcy courts as debtors file Chapter 7 or Chapter 13.  Coordinate response with UC General Counsel and the Ohio Attorney General’s Office. *Approve settlement/compromise offers from attorneys, using UC’s settlement guidelines. *Analyze, reconcile and process weekly Attorney General Statements for accuracy.   Review reports for errors.   *Process AG direct reimbursement report, reconciling payments, status of accounts and preparing check request. *Correcting errors during the reconciliation process with the accountant’s (from the Controller’s Office) for the campus-based loan programs--adjustments, loan advances, cash entries and payments *Make appropriate adjustments on Tuition Request Appeal (TRA) accounts, communicating with outside departments and call student if money is outstanding. *Coordinate the exit interview process for the campus-based loan program graduates/late separation borrowers. Coordinate the posting of Short-term loans and Employee Rowe Loans with the billing servicer. *Prepare Federal Perkins Loans for Assignment to the Department of Education, including reconciliation and preparation of documents.
*Review and reconcile various reports, such as the low balance report and the billing service credit balance report.  Verify billing service payments are reported to the Attorney General’s Office and the Attorney General payments are posted at the billing service.  Determine if overpayments are returned to the borrower or to Direct Lending.    *Interpretation of the Federal Regulations, coordinating information with NSLDS, ceasing credit bureau reporting, researching Bankruptcy filings on Pacer, researching court records to obtain judgment information and following up with the individual courts and attorneys to arrange for a transfer of judgment to ED and reconciling due diligence as required. *Responsible for multiple system processes. *Customer service with internal and external customers *Perform general administrative duties based on departmental need.
 

Minimum Qualifications

 

Bachelor's degree with two (2) years’ experience; - OR- Associate's degree and four (4) years’ experience; -OR- six (6) years’ experience; degree must be in accounting or related field with related accounting experience. 

Incumbent must possess the business/fiscal experience to be fully proficient in performing most or all work assignments.

As a UC employee, and an employee of an Ohio public institution, if hired you will not contribute to the federal Social Security system, other than contributions to Medicare. Instead, UC employees have the option to contribute to a state retirement plan (OPERS, STRS) or an alternative retirement plan (ARP).

 

**MEMBERS ONLY**SIGN UP NOW***. is an Affirmative Action / Equal Opportunity Employer / Minority / Female / Disability / Veteran.

 

REQ: 46201 

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