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Company: University of Miami Health System
Location: Coral Gables, FL
Employment Type: Full Time
Date Posted: 09/16/2021
Expire Date: 11/16/2021
Job Categories: Education
The Department of Student Accounts has an exciting opportunity for a full-time Accountant to work in the Coral Gables Campus.
The Accountant position for the Student Account Services reconciles the daily bank and online payment reconciliation
s for the Office of Student Accounts and ensures accuracy and timeliness of student payment applications impacting student financials and the University’s financial transactions/records.
Responsible in identifying and submitting Student Account’s wire payments and ACH bank transactions to be processed by the Cashier’s Office related to students, third party payments, collection settlements, AmeriCorps, government payments, and external department payments received. Accountable for maintaining daily bank reconciliation worksheets to ensure payments are processed accurately and timely, including student and sponsored international wire payments. Reconcile and maintain all financial trans
action reconciliations related to all online payments and refunds processed via University payment portals to CaneLink Student Information System for accuracy and validity.
Online payments reconciled daily include eChecks, domestic and int
ernational wire payments, credit cards, monthly payment plan, AR Collect, deposits, credit card refunds, and eCheck returns.
Collaborate with the Controller's Office by researching, analyzing, and timely processing outstanding financial items related to Student Accounts to identify and efficiently clear said items. Collaborate with management and Student Accounts’ Sr. Accountants for journal entries and Ad Hoc Bank transactions needed to settle outstanding bank items accurately and timely to adhere to the University’s monthly and fiscal year end closing deadlines. Responsible for the maintenance of accurate record-keeping of Student Accounts’ financial reports and documents:
Daily wire reports submitted to Cashier’s Office
Daily returned bank items report
Important documents and emails related to processes and procedure changes and updates
Import daily transaction reports fr
om all payment portals and CaneLink
Provide management reports to analyze resource utilization, tax reporting, and assumptions underlying financial forecasts.
Prepare daily entries for returned checks and ensure transactions are posted to CaneLink.
Work with Treasury and credit card merchant system to process timely Credit Card Chargebacks to the students’ accounts.
Maintain system of accurate record-keeping of bank reports to ensure transparency, organization, and accessibility
Monitor daily online and bank wire overpayments service indicators and emails.
Process wire refund entries accordingly via payment portals, CaneLink, and Workday systems.
Prepare cancel refund checks requests, if needed, when a check payment is identified as returned for accurate billing of the student’s account.
Serve, effectively communicate, and provide assista
nce with billing and bank inquiries from other university departments such as Benefits, Payroll, Controller’s, Treasury, Financial Aid, Admissions, DCIE, Schools and Colleges, Canes Central, Student Affairs, Housing, etc.
Partner and collaborate with the Payroll office on the 1042S filing process by providing student accounts’ breakdowns to explain financial transactions.
Assist with 1098T reporting, validation, and providing student accounts’ breakdowns to explain financial transactions.
Provide assistance with the Tuition Remission and Tuition Waiver processes for timely and accurate postings to the CaneLink Student Information System.
Collaborate with the Student Account Management Team in any other office wide or executive leadership initiatives, such as Cancellation, Reinstatements, Policies and Procedures review, etc.
Bachelor’s degree in relevant field
Certification and Licensing:
Minimum 1 year of relevant experience
Knowledge, Skills and Attitudes:
Knowledge of generally accepted accounting procedures and principles.
Knowledge of budget control methods, policies, and procedures.
Ability to prepare financial and accounting records.
Ability to analyze, consolidate, and interpret accounting data.
Ability to compile, organize, interpret, and communicate accounting data and results concisely.
In addition to the core requirements listed above, the position requires proficiency in Student Account systems, such as, CaneLink Student System (PeopleSoft Campus Solution) and Flywire Online Payment Portal system, Workday, a
nd Salesforce. Proficiency skills include system navigation, research and testing skills and agile use of reporting tools to provide reports to management, as needed.