What are the responsibilities and job description for the Director of Student Finance position at COMPASS ROSE FOUNDATION INC?
We are Jones Technical Institute (J-Tech ), a non-profit and post-secondary trade school located in Jacksonville, Florida. The institute is governed by Compass Rose Foundation (), an eighty-four (84) year-old non-profit organization charged with the mission of governing trade and technical schools.
We are actively searching for a Director of Student Finance and are pleased to provide the following job description. The successful candidate will possess some experience in the areas of collections, financial planning, financial aid awarding & disbursing and managing & developing a high-performing team of people.
A competitive salary and benefits program will be offered commensurate with the chosen candidate’s expertise and experience. Should the successful candidate not hail from northeast Florida, a relocation package will be included in the offer of employment.
Job Summary
The successful candidate will implement and maintain a system-wide program to foster a culture of compliance and integrity through the institution. This position serves as a role model for ethical behavior and promotes education and awareness on the importance of timeliness and accurate collection of Cash Payments from Students & their Buying Committee, internal Scholarship / Endowment disbursement, Workforce / WOIA, Vocational Rehabilitation, Florida Prepaid, Federal Financial Aid, Veteran’s Benefits, and Institutional Scholarship reconciliation, and a variety of miscellaneous outside agencies.
Essential Duties and Responsibilities :
- Leading and managing a department of seven (7) full-time equivalents that are collaborative and high performing.
- Continuously identify, interview and recruit prospective talent to minimize impact from resigning and terminated employees.
- Responsible for the implementation and maintenance of a Collections Report to provide direct oversight of all students each term. The Collections Report should be created by the 5th week of the prior term.
- Update Student Finance Manual as changes occur.
- Train, develop and improve Student Finance team members through consistent evaluation, confrontation of negative behavior and recognition of positive accomplishments.
- Provide accurate Cash Flow and Collections projections with timelines to the executive management and accounting team.
- Monitor and assess Financial Aid Servicer, Student Information System, Repayment & Default Management and Bookstore Point of Sale vendors.
- Publish an accurate Revenue Recognition report by the first business day of the month.
- Responsible for the Student Finance Representatives timely and accurate processing of Federal Financial Aid ensuring that 95% of all Title IV funds are collected no more than 30 days after the first day of classes.
- Oversee, monitor and maximize the transition of prospective students by establishing a culture of maximum conversation rates via a welcoming and holistic environment.
- Coordinate and monitor periodic internal audits and act as liaison to external auditing team.
Qualification and Education :
