Demo

Bursar / Account Receivable

Tidewater Tech Trades
Norfolk, VA Full Time
POSTED ON 1/29/2025
AVAILABLE BEFORE 4/22/2025

Bursar

Tidewater Tech Trades

Training Tomorrow's Technicians   to Become Skilled, Employable and Essential.

About Us – Big Changes, Better Benefits – Join us!

Tidewater Tech is a leading provider of technical and career training in Maritime Welding, Auto Technology, HVAC, Building and Construction Trades, and Combination Welding. We are dedicated to shaping the technicians of tomorrow and equipping students with the skills and mindset needed for fulfilling careers.

Our programs offer hands-on training, real-world experience, and flexible day or evening classes. Ready to make a difference in our students’ lives? Apply today!

Position Purpose

This Bursar position is essential for overseeing the management and allocation of federal funds, alternative funding options, and third-party billing and payments. The Financial Aid Specialist ensures the timely processing and return of Title IV refunds while verifying that all students meet their tuition obligations efficiently.

Key Duties :

  • Administer the disbursement of federal funds and alternative funding options, ensuring compliance with regulations and institutional policies.
  • Oversee third-party billing processes and payments, coordinating with various stakeholders to ensure accurate and timely financial transactions.
  • Manage the timely processing and return of Title IV refunds, while monitoring student accounts to confirm that tuition obligations are met promptly.

This position is responsible for aligning financial operations with organizational goals to ensure efficient billing and payment processes, thereby enhancing the institution's overall fiscal health and supporting its growth.

Job Responsibilities

  • Perform and track all third-party billing, including WIA, TA, and Vocational Rehabilitation, ensuring accurate and timely processing of student accounts.
  • Manage and document the closeout process for student accounts related to drops and graduates, preparing reports for accrediting agencies and ensuring compliance with US Department of Education regulations.
  • Regularly review student accounts and ledgers to ensure sufficient funding for tuition and related charges, monitoring Title IV credit balances and identifying appropriate refund or repayment options.
  • Meet with students to discuss payment schedules, establish arrangements, and track all cash payments to maintain accurate records.
  • In coordination with the Financial Aid Department, process and record student refunds within 30 days of the drop date, ensuring all exit paperwork is completed, including the Bursar Exit Letter and Refund Exit Form.
  • Document all relevant transactions and communications in CampusNexus , including ESI notes, alternative loan applications, and TA forms, to maintain comprehensive student records.
  • Prepare and submit weekly deposits and monthly submissions of authorized accounts payable to accounting for processing.
  • Receive and upload signed Student Portal Agreements and maintain inventory supplies for the office as authorized by the Supervisor.
  • Attend monthly Census Meetings and Bursar training sessions and engage in ongoing professional development through conferences and seminars.
  • Participate in the onboarding and mentoring of new employees, fostering a positive work culture that supports institutional goals and enhances student experiences.
  • Perform other tasks as assigned by the Supervisor to support the overall function of the bursar’s office.
  • Required Qualifications

  • High School Diploma or GED, or equitable on-the-job experience.
  • Minimum two (2) years financial or accounting experience, preferably in an academic environment.
  • Strong math and accounting skills.
  • Ability to work in a fast-paced, performance-driven, compliance-oriented environment.
  • Detail-oriented, analytical, highly organized, and have the ability to multi-task and work well under pressure.
  • Demonstrate a high level of integrity, discretion, strong work ethic, and professionalism
  • Persuasive and effective verbal and written communication skills, with a strong focus on customer service.
  • Highly motivated and goal-oriented, with strong problem-solving skills.
  • Must be able to work independently and as collaborative team member and have exceptional interpersonal skills.
  • Excellent computer skills are required with proficiency in MS Office applications including, but not limited to, Word, Excel, Outlook, SharePoint, and Teams.
  • Ability and wiliness to work outside of regular work shifts, including evenings and / or weekends as necessary or as requested by Supervisor.
  • Ability and willingness to travel locally or overnight occasionally for business
  • Preferred Qualifications

  • Bachelor’s degree in business, Accounting, or relevant field
  • CampusNexus experience
  • Work Schedule

  • Monday through Thursday : 10 : 00 AM to 7 : 00 PM or 9 : 00 AM to 6 : 00 PM
  • Friday : 8 : 00 AM to 5 : 00 PM
  • What We Offer

    The salary for this position ranges from $22 to 24 per hour, based on experience, qualifications, and other relevant factors. In addition to a competitive base salary, we offer a comprehensive benefits package, including :

  • 401(k) and Matching :   Secure your future with our competitive retirement savings plan.
  • Comprehensive Health Coverage :   Enjoy Health, Dental, and Vision insurance to keep you and your family healthy.
  • Life Insurance :   Peace of mind with life insurance options.
  • Parental Leave :   Support for new parents during important life transitions.
  • Paid Time Off :   Recharge with paid time off to promote work-life balance.
  • Retirement Plan :   Additional options to help you save for retirement.
  • Employee Assistance Program :   Access to resources for personal and professional support.
  • Tuition Reimbursement :   Invest in your future with financial support for further education.
  • We are committed to providing a rewarding compensation package that supports both your professional growth and personal well-being.

    TTT is a proud equal-opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status, or any other characteristic protected by applicable law. We believe that a diverse workforce contributes to the success of our company and are dedicated to fostering a culture of respect, equity, and inclusion.

    PI260138181

    Salary : $22 - $24

    If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
    Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

    What is the career path for a Bursar / Account Receivable?

    Sign up to receive alerts about other jobs on the Bursar / Account Receivable career path by checking the boxes next to the positions that interest you.
    Income Estimation: 
    $44,999 - $56,114
    Income Estimation: 
    $51,980 - $65,378
    Income Estimation: 
    $58,581 - $82,902
    Income Estimation: 
    $70,305 - $105,988
    View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

    Job openings at Tidewater Tech Trades

    Tidewater Tech Trades
    Hired Organization Address Norfolk, VA Full Time
    Training Tomorrow's Technicians to Become Skilled, Employable and Essential. Big Changes, Better Benefits - Join Us Toda...
    Tidewater Tech Trades
    Hired Organization Address Norfolk, VA Full Time
    Career Services Coordinator Tidewater Tech Trades – Norfolk, VA Training Tomorrow's Technicians to Become Skilled, Emplo...

    Not the job you're looking for? Here are some other Bursar / Account Receivable jobs in the Norfolk, VA area that may be a better fit.

    Bursar

    Centura College, Norfolk, VA

    Bursar

    Tidewater Tech Trades, Norfolk, VA

    AI Assistant is available now!

    Feel free to start your new journey!