Collections Accounting Assistant Job at Webster University

Webster University St. Louis, MO 63119

Description
Incumbent manages collection and accounting duties involving the collection of past due tuition and student account balances, returned checks, and loan funds for Webster University student accounts and the Community Music School. This position requires effective customer service, resolution of issues, and accurate accounting of delinquent student account balances and other receivables.

Manages collection of past due student accounts. Identifies past due accounts through system processes. Audits accounts to identify errors or discrepancies. Work with various university departments and site personnel to resolve issues (financial aid, VA, housing, insurance, registrars, study abroad, academic affairs, billing, etc.). Contacts individuals by phone, email, and letter to notify, collect, and set up terms of payment for delinquent student accounts, returned checks and decline credit cards. Uses techniques to increase payments and maximize cash flow.

Process collection holds and letters through CX contact records and mail merge. Negotiates and executes promissory notes. Track and monitor agreement compliance. Investigates disputed charges and balances. Determines the appropriate course of action in order to collection accounts receivable or correct or adjust charges. Documents conversations, disputes, resolutions, agreements, and investigations. Determines registration and transcript eligibility through the use of professional judgment, prior payment history, bankruptcy regulations, and university policies and procedures.

Process graduation lists to determine diploma holds and releases.

Process and collect returned checks, returned ACH transactions and reversed credit card payments.

Process commercial collection agency case assignments. Process collection agency invoices for cancelled and paid accounts. Reconcile collection agency inventories on a monthly basis.

Process account adjustments and bad debt write off journal entries.

Maintain compliance with federal regulations and university policies.

Process returned mail and update demographic information in the CX system.

Maintain confidentiality in all matters pertaining to the business office, collections and the university.

Assist training new staff.

Additional tasks as assigned by the Supervisor of Collections and the Bursar.

Any one position may include all of the duties listed, nor do the examples necessarily include all of the duties performed.

Location:
Webster Groves Campus-WEBG

Minimum Qualifications

Minimum three years collections or related experience or two years related college level education.
Detail oriented with strong analytical and mathematical skills
Proficient with Microsoft Word and Microsoft Excel spreadsheet software
Strong verbal and written communication skills
Strong interpersonal and customer service skills with effective conflict resolution skills
Positive attitude with the ability to maintain effective working relations
Ability to retain focus and be productive in a disruptive environment
Strong organizational skills

Preferred Qualifications

Department
Collections Department-COLL

Special Instructions For Applicant

Physical Demands
Within the range of a normal office environment.Days 8:30am to 4:30pm

To apply, visit https://recruiting.adp.com/srccar/public/nghome.guid?c=1180715&d=ExternalCareerSite&prc=RMPOD3&r=5000942755506

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