Financial Aid Accountant

Posted:
8/18/2024, 5:00:00 PM

Location(s):
Maryland, United States ⋅ Adelphi, Maryland, United States

Experience Level(s):
Junior ⋅ Mid Level

Field(s):
Accounting

Financial Aid Accountant

Office of Financial Aid

Exempt, Regular, Full-Time, Pay Grade 1.2

Hybrid (Occasional Travel to Adelphi, MD Required)

University of Maryland Global Campus (UMGC) seeks a Financial Aid Accountant.

SPECIFIC RESPONSIBILITIES INCLUDE:

  • Review complex enrollment scenarios to determine if a Return to Title IV Funds calculation, post withdrawal disbursement or loss of financial aid eligibility is required, and use strategic and independent judgment to perform R2T4 calculations within the federally mandated timeframes.
  • Create computerized reports, merge and evaluate data from multiple sources, change award amounts, maintain statistical data, and generate communications to students.
  • Counsel and advise students, parents, and UMGC staff on the impact of changes in enrollment, financial aid eligibility and balances due to the university.
  • Maintain current knowledge of federal Title IV regulations, state rules and institutional policies pertaining to financial aid and identify ongoing improvements/automation for the R2T4 process. 
  • Develop R2T4 models for each semester.
  • Other job-related duties as assigned.

REQUIRED EDUCATION AND EXPERIENCE: 

  • Bachelor’s degree from an accredited institution of higher learning plus four (4) years of professional experience in higher education, banking, accounting, business or customer service. 
  • Excellent interpersonal, verbal and written communication skills; demonstrated experience with computerized office systems including but not limited to; Microsoft Office applications such as Word, Excel and PowerPoint.  
  • Demonstrated ability to prioritize and manage multiple administrative tasks with minimal oversight and  experience providing customer service in a timely and proficient manner.

PREFERRED EDUCATION AND EXPERIENCE: 

  • Financial aid experience and functional experience with PeopleSoft and/or Salesforce are preferred.

For Financial Aid positions: Must be able to meet and maintain access requirements for secure federal and/or state websites, such as the National Student Loan Data System (NSLDS).

All submissions should include a cover letter and resume. UMGC offers competitive compensation and comprehensive benefits for qualifying positions, such as tuition remission, generous leave and healthcare. For detailed benefits information, please visit: https://careers.umgc.edu/benefits.html.

The University of Maryland Global Campus (UMGC) is an equal opportunity employer and complies with all applicable federal and state laws regarding nondiscrimination. UMGC is committed to a policy of equal opportunity for all persons and does not discriminate on the basis of race, color, national origin, age, marital status, sex, sexual orientation, gender identity, gender expression, disability, religion, ancestry, political affiliation or veteran status in employment, educational programs and activities, and admissions.

University of Maryland Global Campus (UMGC) is committed to helping safeguard the health of its faculty, staff, students, contractors, and guests. Because vaccinations reduce the spread of SARS-CoV-2-the virus that causes COVID-19-all prospective UMGC faculty (full-time and adjunct) and staff are strongly encouraged to be fully vaccinated and current with the recommended boosters. As always, operations at our military locations in Europe, Asia, and stateside will follow the guidance of the U.S. Department of Defense and local commands, and may require proof of full vaccination, unless an exception is approved as a reasonable accommodation based on disability or religion. If so, a copy of their Approved Exception Letter must be provided before the start of their employment. Failure to provide proof of vaccination or show proof of exception may result in the offer of employment being rescinded.

Workplace Accommodations:

The University of Maryland Global Campus Global Campus (UMGC) is committed to creating and maintaining a welcoming and inclusive working environment for people of all abilities. UMGC is dedicated to the principle that no qualified individual with a disability shall, based on disability, be excluded from participation in or be denied the benefits of the services, programs, or activities of the University, or be subjected to discrimination. For information about UMGC’s Reasonable Workplace Accommodation Policy or to request an accommodation, applicants/candidates can contact Employee Accommodations via email at [email protected].