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CO
College of Westchester
College Bursar
Career Insights for Financial Operations Specialist
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Based on New York data
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What they do
A Financial Operations Specialist specializes in foreseeing or carrying out financial transactions or other routine operations that are influenced by compliance needs. Requires some knowledge of accounting, billing, customer service and contracts. Helps businesses and their customers resolve financial billing and reconciliation issues.
$76,885 / year median in New York
+4% projected growth
Job Description
College Bursar College of Westchester - 4.1 White Plains, NY Job Details Full-time $66,300 - $80,000 a year 2 hours ago Benefits Paid holidays Health insurance Dental insurance 401(k) Flexible spending account Paid time off Employee assistance program Vision insurance 401(k) matching Life insurance Referral program Qualifications Staff supervision Internal controls Confidential information handling Microsoft Excel Academic institution experience Student information system Employee relationship building Bachelor's degree Industry knowledge of financial regulations Financial services Educational compliance and regulation understanding Experience at colleges/universities Productivity software Office management Financial aid administration Title IV regulations Educational assistance administration Senior leadership University experience Full Job Description The College of Westchester, an Associate degree- and Baccalaureate degree-granting college in White Plains, is seeking a full-time College Bursar. The Bursar is responsible for the overall administration, oversight, and integrity of the College's student financial services and bursar operations. Bursar provides leadership for Return to Title IV (R2T4), 1098t processing, student billing, payment processing, account management, refunds and related financial services while ensuring compliance with institutional policies, federal and state regulations, and applicable accounting standards. The Bursar works collaboratively with Finance, Financial Aid, Admissions, the Registrar, Information Technology, and other campus departments to ensure accurate and timely student account services. This is a hybrid position that offers the flexibility to work remotely two days per week. Essential Duties and Responsibilities Provide leadership and strategic direction for the Bursar's Office and student financial services operations. Oversee the accurate and timely billing of tuition, fees and other student-related charges. Work closely with Associate Director of Student Accounts in establishing and maintaining procedures for the collection and processing of student payments, electronic payments, payment plans, refunds, credits and student account reconciliation. Monitor student accounts and ensure accurate reconciliation of billing transactions, deposits, refunds, and outstanding balances. Ensure compliance with applicable federal, state, and institutional requirements governing student accounts and financial transactions. Prepare drawdowns of federal and state funds and return funds within the regulated timeframes and project cashflow for CW CFO. Develop, implement, and maintain policies and procedures that promote efficient, consistent, and student-centered financial services. Collaborate with Financial Aid to ensure accurate application of scholarships, grants, loans, and other financial assistance to student accounts. Work closely with the Registrar, Admissions, Finance, and other departments to resolve account discrepancies and improve business processes. Oversee the preparation of financial reports, reconciliations, and analyses related to student accounts and bursar operations, specifically completion of federal and state required reports and assistance with annual audits and potential program reviews from fed/state. Maintain appropriate internal controls and safeguard student and institutional funds. Monitor cash receipts and ensure timely deposits and accurate accounting of funds. Coordinate the annual billing cycle, including tuition and fee assessment, payment deadlines, and related communications. Review and recommend tuition, fee, billing, and payment policies and procedures as appropriate. Supervise, train, and evaluate Bursar's Office staff and promote a professional, service-oriented work environment. Respond to complex student account inquiries and resolve escalated financial issues in a fair, professional, and confidential manner. Participate in institutional committees and projects involving enrollment, finance, technology, financial aid, and student services. Identify opportunities to improve processes, technology, reporting, and the overall student financial experience. Perform other duties and special projects assigned by the appropriate senior administrator. Required Qualifications Bachelor's degree in accounting, finance, business administration, higher education administration, or a related field. Five or more years of progressively responsible experience in Title IV higher education regulatory environment, NYS HESC and NYSED environment, student accounts, bursar operations, accounting, or a closely related area. Familiarity with federal financial aid regulations and the intersection of financial aid and student accounts. Demonstrated knowledge of student billing, accounts receivable, payment processing, financial reconciliation, and collections. Strong understanding of financial controls, confidentiality requirements, and applicable higher education regulations. Demonstrated supervisory or management experience. Excellent analytical, organizational, communication, and problem-solving skills. Ability to manage multiple priorities and meet critical deadlines in a complex institutional environment. Strong proficiency with Microsoft Office, particularly Excel, and experience working with financial or student information systems. Knowledge, Skills, and Abilities The successful candidate will demonstrate: Strong leadership and staff management abilities. High degree of accuracy, integrity, and attention to detail. Excellent financial and analytical judgment. Ability to interpret and apply complex policies and regulations. Ability to communicate financial information clearly to individuals with varying levels of financial knowledge. Discretion and sound judgment when handling confidential student and financial information. Ability to build effective working relationships across academic and administrative departments.
Annual Salary Range :
$66,300 - $80,000 Benefits Offered for Full-time employees include: 401(k) retirement plan, 401(k) matching, Medical, Dental & Vision insurance, Life Insurance, Flexible Spending Account, Employee assistance program, Employee Tuition Waiver, Paid time off (Holiday/Vacation/Sick), and Referral Program. Please send cover letter, resume and salary requirements to . No phone calls please. Only those candidates selected for an interview will be contacted.Benefits
- Paid Time Off (PTO)
- 401(k) Plans
- Other Retirement and Savings
- Health and Wellness Programs