Assistant Bursar for Cash Management

Morgan State University Foundation, Inc; Baltimore (MD); Hybrid; USD 60,000 - 70,000; Full time

Job summary

Morgan State University is seeking an Assistant Bursar for Cash Management to lead the payment, cash collection, deposit, and record-keeping functions in the Bursar's Office.

The role requires a Bachelor’s degree in Business Administration, Accounting, E-Commerce or related field, at least five years in funds collection/disbursement, and supervisory experience; familiarity with online financial systems is essential for accurate, timely financial operations at the university.

Qualifications

• Bachelor’s degree in Business Administration, Accounting, E-Commerce or related field.
• At least five (5) years of experience dealing with the collection and disbursement of funds.
• At least three years of experience supervising a staff composed of at least two full-time employees.
• One (1) year of experience working with an online, integrated financial computer system.

Responsibilities

• Monitor and update online cash collecting portals and payment portals.
• Coordinate cash receipt and payment collections to ensure maximum cash flow and accurate deposits.
• Maintain a banking relationship with the State of Maryland and assist in reconciliations.
• Reconcile Bursar’s Office records with the Accounting Office for complete agreement of billing and receipts.
• Supervise cash management operations and develop effective policies and procedures.
• Manage payment/collection processes and the intake of funds for the University.

Skills

Cash management

Financial reporting

Staff supervision

Staff supervision

Billing & disbursement

Education

Bachelor’s degree in Business Administration, Accounting, E-Commerce or related field

Tools

Integrated financial system

Job description

Morgan State University is a public research university and historically black college (HBCU) in Baltimore, Maryland, United States. Morgan is Maryland's designated public urban university and the largest HBCU in Maryland.

Posting Summary

Job Title

Job Title Assistant Bursar for Cash Management

Division

Division Division of Finance & Administration

Department

Department Bursar's Office

Work Status

Work Status Full Time

Position Category

Position Category Staff

FLSA

FLSA Exempt

Pay Range

Pay Range Exempt

Salary Range

Salary Range $60,000 to $70,000 /year

Fund Source

Fund Source State Support

Job Summary

The Assistant Bursar for Cash/Revenue Operations will be responsible for the efficient and effective organization and operation of all functions of the payment/cash collection, deposit, and record maintenance of receipts from students at Morgan State University’s Bursars Office.

Job Duties

Brief summary of job duties:

• Monitoring and updating all online cash collecting portals, enhancing the University’s online payment experience and serving as a point of contract for all new online portals that require a payment collection component
• Monitoring and coordinating cash receipt and payment and collections processes in order to ensure the institution realizes a maximum cash flow and money position; accurate and timely deposits and postings for both student and non-student collections
• Maintaining a banking relationship with the State of Maryland and assisting in multiple Cash reconciliations with the University, State of Maryland and the bank
• Participate in the reconciliation of the Bursar’s Office records with those of the Accounting Office to ensure complete agreement of billing, receipts, disbursements and outstanding receivable records
• Supervise the cash management operation of the University and its satellite offices and the development of effective cash management policies and procedures
• Under the direction of the Bursar, supervise, organize, perform payment/collection, deposit, disbursement and record maintenance of general collections for the University including tuition and fees, grants and other University related funds; participate in the establishment of policies/procedures regarding the above activities
• Manage the payment/collections process and the intake funds to the University

Requested Minimum Qualifications

Education: The successful candidate must have a Bachelor’s degree in Business Administration, Accounting, E-Commerce or relate field. Experience:

• At least five (5) years of experience dealing with the collection and disbursement of funds required, preferably in a university setting.
• At least three years of experience in supervising a staff composed of at least two full-time employees involved in the billing, collection, disbursement and record maintenance functions of a multi-million-dollar operation is required.
• One (1) year of experience working with an on-line, integrated financial computer system is required.

Other Preferences for Consideration

Knowledge, Skills & Abilities

Posting Number

Posting Number ST01639

Number of Vacancies

Number of Vacancies 1

Job Open Date

Job Open Date 10/05/2026

Application Review Date

Job Close Date

Job Close Date 10/20/2026

Supplemental Questions

Required fields are indicated with an asterisk (*).

• * How did you hear about this career opportunity?
  • Career Fair
  • Morgan's Career Website
  • Another Job Website
  • Internal Job Posting
  • Word of Mouth
  • Other
• * Did you obtain a Bachelor’s Degree in Business Administration, Accounting, E-Commerce or related field?
  • Yes
  • No
• * Do you have at least five (5) years of experience dealing with the collection and disbursement of funds?
  • Yes
  • No
• * Do you have at least three years of experience in supervising a staff composed of at least two full-time employees?
  • Yes
  • No
• * Do you have experience working within a higher education setting?
  • Yes
  • No
• * Do you have at least one (1) year of experience working with an on-line, integrated financial computer system?
  • Yes
  • No
• * Are you a current, past, or retired Morgan State University employee?Are you a current, past, or retired State employee?If YES to current, past, or retired STATE employee, please state the agency.If not applicable, put N/A.

  (Open Ended Question)