AR & Cash Management Lead (Higher Ed)

Oklahoma State University-Oklahoma City; Oklahoma City (OK); On-site; USD 50,000 - 55,000; Full time

Job summary

OSU-Oklahoma City is seeking a qualified professional to oversee accounts receivable, cashiering, collections, student aid refunds, and cash management. You will ensure accurate collection, accounting, safeguarding, and deposit of funds due to the University, while complying with laws and OSU policies.

The role supervises Business Services staff and requires a Bachelor's in Accounting or related field plus 3–5 years in accounting and supervising staff; Master’s is preferred.

Qualifications

• Bachelor's in Accounting, Business, or related field.
• Three to five years experience in accounting, finance or banking.
• Three to five years experience supervising employees.
• Knowledge of accounting and/or bookkeeping principles, methodology, and practices.
• Knowledge of cashiering and cash management principles, systems, procedures, and standards.
• Excellent problem-solving and conflict resolution skills.
• Ability to supervise and train staff, including organizing, prioritizing, and scheduling work assignments.
• Highly proficient technical skills.
• Strong interpersonal and written communication skills.

Responsibilities

• Coordinate all aspects of the accounts receivable/billing system for the University including system maintenance of accounts receivable information.
• Responsible for all aspects of student account collections including monthly statements, reminder communications, payment plans, and past-due collections.
• Oversee third party collections.
• Supervises the disbursement of all student account refunds and processing of third-party scholarships/sponsors.
• Responsible for all custodial University change fund operations including daily reconciliations and deposits.
• Coordinate security of the department including money received, documents, and internal controls.
• Maintain relationships with collection agencies and credit card services and coordinate process to send uncollectable debts to collection agencies.
• Provide financial counseling services for the collection of University debt in compliance with laws and OSU policies.
• Supervises and trains staff concerning use of computer systems, reports and requirements.
• Supervises participation in Oklahoma Tax Commission Warrant Intercept Program.
• Monitor bankruptcy cases and law to minimize University losses.
• Compile reports and reconciliations (bad debt, payment options, 1098 processing, journal entries).
• Complete mandatory training and participate in professional development.
• Perform other duties as assigned.

Skills

Accounting

Cashiering

Staff supervision

Financial reporting

Office software

Education

Bachelor's in Accounting, Business, or related field

Master's in Accounting, Business Administration or Finance

Tools

Banner

Microsoft Office

Job description

OSU-Oklahoma City is seeking a qualified professional to oversee accounts receivable, cashiering, collections, student aid refunds, and cash management. You will ensure accurate collection, accounting, safeguarding, and deposit of funds due to the University, while complying with laws and OSU policies.

The role supervises Business Services staff and requires a Bachelor's in Accounting or related field plus 3–5 years in accounting and supervising staff; Master’s is preferred.