Associate Bursar has responsibility of one or several aspects of institutional funds. Oversees the operations of student financial services, billing and receivables, and cashiering functions of the university/college. Being an Associate Bursar ensures compliance with university, state, and federal regulations and standard accounting procedures. Typically requires a bachelor's degree. Additionally, Associate Bursar typically reports to Bursar. The Associate Bursar manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be an Associate Bursar typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2024 Salary.com)
POSITION PURPOSE
This position is responsible for ensuring all funds, including Title IV funds and alternative funds, are posted to the student accounts properly and timely. Ensure all refunds due are processed within guidelines of accrediting agencies, the state, and the Department of Education. A Bursar is also required to ensure all drop and cancel students have the required Return to the Title IV calculations performed in a timely manner, and that such students have a letter with the summary of their student account.
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