ACCOUNTANT – FINANCIAL AID & ACCOUNTS RECEIVABLE

OVERVIEW

Reporting to the Senior Accountant, the Accountant – Financial Aid & Accounts Receivable is responsible for managing all aspects of the accounts receivable process. Other functions shall include reconciliation of accounts and monthly review of student account balances in relationship to approved student payment plans. It will also be necessary to collaborate with other departments to resolve billing discrepancies and act as the University’s liaison with the Ministry for Local Government Scholarships. This post shall serve as a point person for student queries and maintain accurate records of financial aid awards and timely disbursement of funds as well as participate in the development of institutional financial aid policies and procedures. The ideal candidate will maintain precise financial records, uphold compliance with relevant regulations, and provide exceptional service to stakeholders.

KNOWLEDGE, SKILLS & ABILITIES

• Minimum of a bachelor’s degree in accounting;
• Three (3) years of relevant experience in a finance-related role;
• Familiarity working in tertiary education and/or in a public entity is an asset;
• Proficiency in Microsoft Word, PowerPoint, Outlook and Excel;
• Be sufficiently familiar with and have a clear understanding of the Cayman Islands’ PMFL and its impact on their professional output;
• Proactively resolve problems and build strong team relationships;
• High level of integrity in dealing with confidential and sensitive matters;
• Must be prepared to work outside normal office hours to meet deadlines and reporting requirements, when necessary;
• Excellent interpersonal skills and attention to detail;
• Possess excellent time management skills and the ability to independently prioritize various important deliverables.

ACCOUNTABILITIES SPECIFIC TO THE ROLE

• Manage all aspects of the accounts receivable process, including invoicing, payment processing, and collections;
• Verify receipts for goods sold or services rendered;
• Review and distribute accurate invoices and proformas to students/customers in a timely manner;
• Manage the automated billing process for tuition revenue and monitor accounts to identify outstanding debts along with proactive follow-up;
• Reconciliation of accounts and monthly review of student account balances in relationship to approved student payment plans;
• Collaborate with other departments to resolve billing discrepancies and respond to client inquiries;
• Maintain accurate records of financial aid awards and ensure timely disbursement of funds to eligible recipients;
• Participate in the development of institutional financial aid policies and procedures;
• Collaborate regularly with Faculty & Staff, particularly the Director Admissions, Registrar, Marketing.

Compensation Employer-covered medical; co-contributory pension and annual leave. How to apply Submit the UCCI application form along with a CV and cover letter to recruitment@ucci.edu.ky. Application forms are available at www.ucci.edu.ky. Only shortlisted candidates will be contacted. Caymanians/Caymanian Status, persons married to Caymanians and holding Permanent Residence are preferred.