Specialist, Collections

Eastern Kentucky University

Richmond (KY)

On-site

USD 42,000 - 56,000

Full time

6 days ago
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Job summary

Eastern Kentucky University is seeking a Specialist, Collections on the Richmond Campus to manage delinquent student accounts and Perkins Loan portfolios. You will oversee collections through internal efforts, external agencies, and state/federal agencies while ensuring compliance with regulations.

The role requires a Bachelor's degree and 3+ years in student financial services or related accounting/finance.

Qualifications

  • Three years of experience in student financial services, internal or external collections, and accounting or finance preferred.
  • Ability to manage delinquent student accounts and ensure compliance with federal, state, and institutional regulations.
  • Strong customer service skills for students, parents, and third-party agencies.

Responsibilities

  • 60% - Manage delinquent student accounts, monitor agencies and the KY Dept. of Revenue; track and audit accounts.
  • 20% - Respond to calls and emails regarding collections with professional, accurate information.
  • 15% - Maintain Perkins Loan portfolio and assignments to the U.S. Dept. of Education with accurate records.
  • 5% - Support office functions and special projects as assigned.

Skills

Customer service
Attention to detail
Communication

Education

Bachelor's degree
Accounting/Finance degree preferred

Job description

Specialist, Collections
Eastern Kentucky University

Title: Specialist, Collections

Position Type: Fulltime Staff

Search Type: External - minimum 7 days

Department: 68R000 - University BusinessServices

Division: 4R0000 - Financial Affairs

Position Location: Richmond Campus

Driver Classification: Non-Driver

FLSA: Non-Exempt

Schedule Type: Full Time (37.5 hrs per week ormore)

Additional Schedule Details: This is an on-campusposition. Normal office hours are Monday - Friday, 8:00am - 4:30pmwith the exception of some weeks during summer and winter which areMonday-Thursday, 7:30am - 5:00pm.

Posted Salary Grade: Exempt - G20

Retirement: KTRS

Contact Person: Ursula Felicicchia Cox

The Student Accounting Services Collections Specialist isresponsible for managing processes related to delinquent studentAccounts Receivable (AR) and Perkins Loan accounts. This positionoversees collection activities through internal efforts, externalcollection agencies, the Kentucky Department of Revenue, and theU.S. Department of Education while ensuring compliance withapplicable federal, state, and institutional regulations.

Key responsibilities include tracking and auditing studentaccounts, monitoring collection activity for accounts placed withthird-party agencies, assigning Perkins Loan accounts to the U.S.Department of Education, resolving account discrepancies, andsupporting the University's collection and recovery objectives.This role ensures accurate account maintenance, compliance withestablished procedures, and effective oversight of collectionefforts to maximize account resolution and recovery outcomes.

The Specialist serves as a primary resource for students, parents,and third-party agencies by providing exceptional customer serviceand responding to inquiries related to collections and Perkins Loanaccounts via phone and email. This role provides guidance, resolvesaccount-related questions and concerns, and supports the StudentAccounting Services team in delivering a positive, professional,and customer-focused service experience.

Minimum Qualifications

Education: Bachelor's degree required. Degree inAccounting, Finance, or a related field is preferred.

Experience: Three years of experience is required.Experience with student financial services, internal or externalcollections, and accounting or finance is preferred.

Job Duties
  • 60% - Manages all aspects of delinquent student accountsensuring Federal regulations and internal procedures are followedand performed at a high level of accuracy. This includes trackingand auditing student accounts, account placement with third partycollection agencies and the KY Department of Revenue; processingagency payments and monthly reports, as well as tracking close andrecovery rates for the agencies. - (Essential)
  • 20% - Responds to phone calls and emails regarding collectionaccounts from students, parents, and third-party agencies,providing professional and exceptional customer service whileaddressing account-related inquiries and concerns. -(Essential)
  • 15% - Maintains the Perkins Loan portfolio and manages accountassignments to the U.S. Department of Education, ensuring accuraterecords and compliance with applicable regulations. -(Essential)
  • 5% - Supports the office functions by completing all otherduties and special projects as assigned. - (Essential)

Sponsorship: This position is not eligible forvisa sponsorship.

Funding Source: Institutional

Open Until Filled: Yes

EEO Statement

Eastern Kentucky University is an Equal Opportunity employer andeducational institution and does not discriminate on the basis ofage (40 and over), race, color, religion, sex, sexual orientation,gender identity, gender expression, pregnancy, ethnicity,disability, national origin, veteran status, or genetic informationin the admission to, or participation in, any educational programor activity (e.g., athletics, academics and housing) which itconducts or any employment policy or practice.

Background Check Statement

Offers of employment are contingent upon a satisfactory backgroundcheck.

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