What are the responsibilities and job description for the Senior Financial Analyst position at SOUTH COLLEGE?
Description
South College invites capable, energetic, outgoing, applicants who are focused on transforming the lives of our customers/students! At South College, you will help implement our strategy of “Where Dreams Find Direction!” We are one of the nation’s fastest growing institutions of higher learning with over 13,000 students covering 9 campuses and Online learning sites, offering a myriad of undergraduate and graduate healthcare programs for our students.
In order to fully meet our Mission to our students, we require a diverse combination of perspectives, backgrounds, life experiences, and ideas from our faculty and staff and will provide them with an equitable and inclusive work environment -where respect and open interchange of ideas are at the heart of that culture.
This role will manage student accounts receivable and student loans (“SCL”) by working cross-functionally with Accounting and Student A/R teams as well as with our 3rd party loan service providers.
Responsibilities
- Gain a thorough understanding of current process around A/R and SCLs. Create and maintain documentation around the processes and assumptions
- Monitor and validate processes to ensure compliance
- Ensure policies and processes for A/R and SCLs are being followed. Identify any gaps in the current process and suggest improvements as appropriate
- Support the A/R team via developing a strategy to regularly monitor and improve collections
- Act as a central point of communication for 3rd party loan service provider and internal staff regarding program management
- Assist in cash flow forecasting as it relates to timing of cash inflows from various sources related to A/R
- Analyze current collection rates for A/R and SCLs; develop understanding of what drives these collection rates; propose process changes that can improve these rates
- Analyze and interpret trends requiring Leadership’s attention
- Collaborate with internal teams and 3rd parties to resolve any issues that may impact collections
- Prepare regular reports to stakeholders and provide analysis to Leadership
Required Qualifications
- 3 years of experience in Accounting or Financial Analysis Role
- Self-motivated and organized – a high degree of comfort managing multiple stakeholders; strong collaboration and teamwork skills; and a problem-solver oriented toward achieving results
- Excellent skills in written and oral communication
- Ability to work with multiple systems and pull raw data from multiple sources in order to analyze
- Intermediate to advanced Excel skills required
- SQL knowledge a plus (not required)
