Financial Coordinator

Batterjee Medical College; Medina; Presencial; SAR 60.000 - 90.000; Jornada completa

Descripción de la vacante

Batterjee Medical College is seeking a Financial Coordinator to manage tuition collections, process payments, and maintain accurate financial records. The role supports admissions and registrations and ensures compliance with financial policies.

The Coordinator will liaise with students and families, coordinate with admissions and financial aid, and generate financial reports for management. Strong communication, attention to detail, and familiarity with student information systems are essential.

Formación

• Bachelor's degree preferred in finance, accounting, or related field.
• Experience in education sector or financial services is advantageous.
• Excellent communication and interpersonal skills for interaction with students, parents, and staff.
• Proficiency with software and databases for processing payments and maintaining records.

Responsabilidades

• Collect tuition fees and other charges during admission and registration.
• Verify student financial records and payment details for accuracy.
• Assist students and families with fees, deadlines, and payment options.
• Process payments via electronic systems, cash, checks, or other methods.
• Record all financial transactions in the student information system or database.
• Issue receipts, invoices, and payment reminders to students.
• Resolve payment discrepancies and liaise with students/guardians as needed.
• Collaborate with admissions and financial aid to coordinate payments.
• Monitor outstanding balances and follow up on overdue payments.
• Ensure compliance with financial policies, confidentiality, and data security.
• Contact debtors to negotiate payment plans and recover overdue debts.
• Explain debt repayment options and document communications with debtors.
• Provide regular reports to management on debt collection activities.

Conocimientos

Communication skills

Attention to detail

Independent work

Interpersonal skills

Educación

Bachelor's degree in finance or accounting

Herramientas

Accounting software

Databases

Descripción del empleo

The Financial Coordinator plays a critical role in managing the financial aspects of student admissions and registrations They are responsible for collecting tuition fees processing payments and ensuring compliance with financial policies and regulations

Key Responsibilities

• Collecting tuition fees and other charges from students during the admission and registration process
• Verifying student financial records and ensuring the accuracy of payment details and transaction information
• Assisting students and their families with understanding tuition fees payment deadlines and available payment options
• Processing payments using electronic payment systems cash checks or other forms of payment ensuring accuracy and completeness
• Recording all financial transactions accurately in the student information system or database and maintaining up-to-date records
• Generating and issuing receipts invoices and payment reminders to students for their tuition fees and other charges
• Resolving any payment discrepancies or issues promptly and effectively liaising with students parents or guardians as needed
• Collaborating with other departments such as the admissions office and financial aid office to coordinate payment processes and address student inquiries
• Monitoring outstanding balances and following up with students who have overdue payments to ensure timely collections
• Adhering to all relevant policies procedures and regulations related to financial transactions confidentiality and data security
• Contacting debtors via phone email or mail to negotiate payment plans and collect overdue debts
• Explaining debt repayment options and providing assistance to debtors in understanding their financial obligations
• Documenting all communication with debtors and updating the company s database with accurate and up-to-date information
• Following up on missed payments and implementing appropriate collection actions such as sending reminder notices or initiating legal proceedings
• Resolving disputes or complaints from debtors and addressing any issues that may arise during the collection process
• Providing regular reports to management on debt collection activities including progress challenges and potential risks

Qualifications

• Bachelor's degree in finance, accounting, business administration, or a related field is preferred.
• Proven experience in a similar role, preferably in an educational institution or financial services environment or account receivable.
• Excellent communication and interpersonal skills, with the ability to interact professionally with students, parents, and colleagues.
• Proficiency in using computer software and databases for processing payments and maintaining financial records.
• Attention to detail and accuracy in handling financial transactions and maintaining records.
• Ability to work independently and prioritize tasks effectively in a fast-paced environment.
• Knowledge of practices related to student financial services and collections.
• Customer service-oriented mindset with a commitment to providing exceptional service to students and their families.