Senior Financial Aid Accountant

Senior Financial Aid Accountant
Office of Financial Aid
Exempt, Regular, Full-Time, Pay Grade 1.3
Stateside Hybrid
The Senior Financial Aid Accountant will specialize in the return of Title IV funds to assess learner's enrollment changes, determine federal Financial Aid eligibility, modify federal aid as needed, and counsel learners on the return of Title IV funds resulting from enrollment changes. The Senior Financial Aid Accountant will follow federal, state, and institutional policies governing Financial Aid, and will be responsible for mentoring current and new staff.
Must be able to meet and maintain access requirements for secure federal and/or state websites, such as the National Student Loan Data System (NSLDS). Individuals cannot currently be in default on a student loan.
SPECIFIC RESPONSIBILITIES INCLUDE:

• Analyze complex changes in enrollment to determine if a return to Title IV funds (R2T4) calculation is required.
• Use strategic and professional judgment to perform accurate return to title IV funds (R2T4) calculations, federal aid adjustments, and post-withdrawal awarding for disbursement within the federally mandated timeframes.
• Accurately review query data within PeopleSoft to identify learners requiring a return to title IV funds (R2T4) re-review and or reinstatement of federal aid due to changes in enrollment. Research and analyze each learner's case and perform the necessary actions.
• Mentor current and new Financial Aid Accountants on how to best assess and complete the duties required of the Return of Title IV Funds (R2T4) team.
• Process reports, evaluate data from multiple sources, adjust award amounts as needed, maintain data, and generate communications to learners.
• Counsel learners on the impact of changes in enrollment, Financial Aid eligibility, and balances due to the university resulting from a return of Title IV Financial Aid.
• Identify areas of enhancement for the return to title IV funds (R2T4) process and assist in updating and/or developing R2T4 business process guides.
• Maintain current knowledge of Federal Title IV regulations, state rules, and institutional policies.
• Other job-related duties as assigned.

REQUIRED EDUCATION AND EXPERIENCE:

• BA/BS degree required and either four years of professional experience in higher education, banking, accounting, business, or customer with a minimum of one and a half (1.5) of those years in a higher education Financial Aid setting environment or demonstrated proficiency with mentoring/training staff and functional PeopleSoft experience.
• Working knowledge of Title IV regulations and programs.
• Ability to work with detailed information from a variety of sources.
• Excellent level of attention to detail and accuracy.
• Excellent interpersonal, verbal, and written communication skills.
• Demonstrated experience with computerized office systems including but not limited to Microsoft Office applications such as Word, Excel, PowerPoint, and Outlook.
• Demonstrated ability to prioritize and manage multiple administrative tasks with minimal oversight.
• Demonstrated experience providing customer service in a timely and proficient manner.
• Must be able to meet and maintain access requirements for secure federal and/or state websites, such as the National Student Loan Data System (NSLDS).

PREFERRED EDUCATION AND EXPERIENCE:

• Professional experience working with non-traditional learners in a culturally diverse environment.
• In-depth knowledge of return of Title IV funds federal regulations.
• Functional experience with PeopleSoft and Sales Force.
• Proficient understanding of NSLDS and COD systems.

All submissions should include a cover letter and resume. UMGC offers competitive compensation and comprehensive benefits for qualifying positions, such as tuition remission, generous leave and healthcare. For detailed benefits information, please visit: https://careers.umgc.edu/benefits.html.
The University of Maryland Global Campus (UMGC) is an equal opportunity employer and complies with all applicable federal and state laws regarding nondiscrimination. UMGC is committed to a policy of equal opportunity for all persons and does not discriminate on the basis of race, color, national origin, age, marital status, sex, sexual orientation, gender identity, gender expression, disability, religion, ancestry, political affiliation or veteran status in employment, educational programs and activities, and admissions.
University of Maryland Global Campus (UMGC) is committed to helping safeguard the health of its faculty, staff, students, contractors, and guests. Because vaccinations reduce the spread of SARS-CoV-2-the virus that causes COVID-19-all prospective UMGC faculty (full-time and adjunct) and staff are strongly encouraged to be fully vaccinated and current with the recommended boosters. As always, operations at our military locations in Europe, Asia, and stateside will follow the guidance of the U.S. Department of Defense and local commands, and may require proof of full vaccination, unless an exception is approved as a reasonable accommodation based on disability or religion. If so, a copy of their Approved Exception Letter must be provided before the start of their employment. Failure to provide proof of vaccination or show proof of exception may result in the offer of employment being rescinded.
Workplace Accommodations:
The University of Maryland Global Campus Global Campus (UMGC) is committed to creating and maintaining a welcoming and inclusive working environment for people of all abilities. UMGC is dedicated to the principle that no qualified individual with a disability shall, based on disability, be excluded from participation in or be denied the benefits of the services, programs, or activities of the University, or be subjected to discrimination. For information about UMGC's Reasonable Workplace Accommodation Policy or to request an accommodation, applicants/candidates can contact Employee Accommodations via email at employee-accommodations@umgc.edu.