Title IV Reconciliation Manager

Title IV Reconciliation Manager

Full-Time
NH, Salem
Posted 2 months ago

JOB DESCRIPTION

Summary/Objective

Responsible for consulting to and processing for school client accounts. Knowledge of the Federal Student Aid Regulations and procedures to process Title IV funds strongly preferred including Cash management, packaging, disbursing and student eligibility.

Essential Functions

  • Reconcile Federal Bank Statement for Federal Pell Grant Program and Federal Direct Student Loan Program
  • Audit Student Disbursement reports.
  • Reconcile G5 Payment System Reports

Utilize FAS Student File Direct Software system to:

  • Upload incoming and outgoing reconciliations.
  • Communicate discrepancies to clients.
  • Follow up to obtain unsubmitted bank statements.

Supervisory Responsibility

  • Lead team in timely accurate processing of reconciliations.
  • Consulting with Clients regarding best practices in Cash Management in Title IV
  • Ensure Compliance by reviewing processes and staying abreast of regulatory changes.
  • Train and oversee all new employees and interns on processes.
  • Report to Managing Director on progress and challenges.

Work Environment -IN OFFICE Full Time

This job operates in a professional office environment where culture is important. FAS is culture driven and promotes wellness, appreciation, connectivity, trust, accountability, growth and fun.

This role routinely uses standard office equipment and requires work be performed in office.

Physical Demands

While performing the duties of this job, the employee is occasionally required to stand; walk; sit; use hands to finger, handle, or feel objects, tools or controls; reach with hands and arms; climb stairs; talk or hear. The employee must occasionally lift or move office products and supplies, up to 30 pounds.

Position Type/Expected Hours of Work

This is a nonexempt full-time position. Days and hours of work are Monday through Friday, 7:30 a.m. to 4:00 p.m., 8:00am to 4:30pm, or 8:30am-5:00pm.

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Applicant Information

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A valid phone number is required.

Education

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