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Edgecombe Community College

Accounting Technician Accounts Receivable

Career Insights for Accountant (General)

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Based on North Carolina data

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What they do

An Accountant organizes and maintains financial records and prepares financial statements for companies and organizations. Works as a public accountant (prepares financial documents where public disclosure is required by law, such as business balance sheets and tax returns), management accountant (prepares financial information for internal use by a company) or government accountant (maintains records for government agencies).

$76,781 / year median in North Carolina

+1% projected growth

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Job Description

Perform a variety of diversified duties such as: serve as main contact for students with outstanding account receivable (AR) accounts; prepare AR statements, letters, and other correspondence to students; balance AR accounts monthly; and assist in other related business office duties. Essential Job Functions Assist the Financial Aid Department with student accounts receiving financial aid from several different sources; transfer charges, verify, and balance student accounts so that financial aid refund and other refund checks may be processed on a timely basis. Analyze student records after processing FATR and FATP reports for refund processing. Clear excess aid accounts monthly. Manage debt setoff process and submit file to North Carolina Department of Revenue. Prepare monthly Accounts Receivable reconciliation reports. Establish and distribute AR statements to students each semester; send follow-up letters as needed. Prepare and submit refund select enrollment and disbursement files to third party provider. Manage annual reporting of Form 1098-T in accordance with institutional and federal guidelines. Manage escheat process according to federal, state, and institutional policies. Perform other related duties incidental to the work described herein and as assigned by the Controller. Disclaimer The above statements are intended to describe the general nature and level of work being performed by individuals assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as assigned by administration and supervision. Probationary Period Disclosure Satisfactory completion of a 90-day probationary period is required for continued employment. Minimum Requirements An Associate degree in accounting or business plus 1 - 3 years relevant work experience. Preferred A Bachelor's degree in accounting or business; 1 - 3 years relevant work experience; Colleague training; and Career Readiness Credential.