What are the responsibilities and job description for the Accounts Receivable Accountant – Post 911 Benefits position at Tidewater Community College?
Title: Accounts Receivable Accountant – Post 911 Benefits
Agency: Tidewater Community College
Location: Norfolk - 710
FLSA: Nonexempt
Hiring Range: $55,000 - $65,000, commensurate with experience.
Full Time or Part Time: Full Time
Additional Detail
Job Description:
Tidewater Community College has served South Hampton Roads – both students and employers – for 50 years. It has grown from 1 campus into a regional educational and economic force. TCC is the largest provider of higher education and workforce services in Hampton Roads, enrolling nearly 28,000 students in 2019-20. Founded in 1968 as a part of the Virginia Community College System, Tidewater Community College (TCC) services South Hampton Roads with 4 campuses in Chesapeake, Norfolk, Portsmouth, and Virginia Beach, 7 regional centers and 2 important cultural institutions. The college had 3,203 graduates in 2019-2020, 40 percent of whom pursued degrees that would let them transfer to 4-year institutions. Of South Hampton Roads residents enrolled in higher education 36% enrolled at TCC. TCC’s institutional accreditation is affirmed through 2027 by the Southern Association of Colleges and Schools Commission on Colleges.
The Accounts Receivable Accountant ensures compliance with all state, federal, VCCS, AICPA, and GASB standards, policies, and procedures as they relate to federal Post 911 tuition payments and manages the reporting, reconciliation and processing of federal funds received. This position reconciles general ledger account transactions for the receipt and refund processing for the federal program to include the preparation of journal entries and refund vouchers. The analysis of data and application of professional accounting standards is used to research, investigate, reconcile and evaluate financial transactions on student accounts in compliance with federal guidelines. Maintains current knowledge of state and federal policies relating to receivables and the Post 911-Chapter 33 program. Prepares and distributes monthly reports on outstanding balances and credit balances for review by the Accounts Receivables Supervisor and college Veterans Affairs offices. Works closely with the departmental supervisor to ensure cash management and compliance with federal guidelines. Reviews and converts electronic payment files received through the banking system and distributes to Central Financial Aid offices for application to student accounts. Reconciles all resulting group posts for accuracy. Reviews and processes all student and federal refunds in response to federal VA debt notification. Manages the application of pending VA payments to student accounts. Communicates with internal and external departments in the resolution of account inquiries, debt and/or offset through the Department of Veterans Affairs. Ensures the retention of all documentation supporting the processing of federal funds related to this program.
This position will require a credit check.
- Knowledge of generally accepted accounting principles and practices.
- Knowledge of Federal laws and regulations related to Chapter 33-post 911 GI benefits.
- Knowledge of accounts receivable, debt collection and financial reporting policies and procedures.
- Demonstrated ability to apply accounting principles to a variety of fiscal needs.
- Demonstrated ability to analyze financial transactions for conformity to Federal, state and college established procedures and regulations.
- Ability to use logic and analytical reasoning to resolve account discrepancies.
- Knowledge of integrated accounting systems and database management.
- Demonstrated proficiency in spreadsheet, word processing, and database software. Demonstrated ability to work effectively with departments, staff and administrators.
- Demonstrated ability to independently resolve issues utilizing problem-solving skills and
- sound judgment.
- Demonstrated ability in multi-tasking and meeting deadlines.
- Ability to perform moderately complex reconciliations.
- Excellent verbal and written communication skills and interpersonal skills.
- Knowledge of providing customer services to include need assessment quality of standards and evaluation of customer satisfaction.
- Demonstrated ability in multi-tasking and meeting deadlines.
- Knowledge of Administrative Information System (AIS), Virginia Community College System (VCCS), and Commonwealth Accounting Policies and Procedures (CAPP).
- Knowledge of PeopleSoft Campus Solutions/Student Information Systems (SIS) relating to student account management and accounts receivable as well as general ledger transactions.
Each agency within the Commonwealth of Virginia is dedicated to recruiting, supporting, and maintaining a competent and diverse work force. Equal Opportunity Employer
Salary : $55,000 - $65,000
