Financial Aid Analyst & Reconciliation Specialist

Posting Number: 96-2024
Department:
Financial Aid
Employee Group: Professional/Technical
Status: Full-time
Starting Salary Range: Mid 40’s to Mid
50’s
Compensation Details: Excellent benefits package. Click here to view our
benefits summary.

Position Summary
Purpose, Scope & Dimension of Job:

Purpose
This is one of twelve (13) positions that operate as a team to administer all of the student
financial aid programs for the College. The Financial Aid Office (FAO) supports the College by helping students access available and
appropriate sources of financial aid thereby enabling the College to reach its enrollment goals. All staff in the FAO Office are responsible
for assisting students and parents and processing Financial Aid applications. Staff members may be assigned to focus on a specific area of
responsibility.

Scope

1. This position has eight key areas of accountability:
2. Providing high
   quality support to students who visit or call the FAO Office. Oversees all aspects of Pell and Loan Programs (Direct: Subsidized,
   Unsubsidized, Plus and Alternative loans) that administers over $40 million to students annually.
3. Analysis of FA data, accounts and
   reconciliation of Title IV funds monthly (Pell, Direct Loans and SEOG).
4. Serve as Chair of the Satisfactory Academic Progress (SAP)
   Committee and oversee the appeal process to ensure the College is in compliance with administering SAP policy and requirements.
5. Completion of State and Federal Reports in conjunction with Institutional Research and Information Technology Services including the
   FISAP, IPEDs etc.
6. Report/oversee the Second Chance Pell Experimental Program.
7. COD Interface for Pell and Direct
   Lending
8. Packaging, Report Analysis and Transfer Monitoring

This position exists to ensure that the FAO is in compliance
with Generally Accepted Accounting Principles and the processes and procedures established by federal, state and college governance. The job
consists of analytical thinking that enables the functionality of an integrated ERP system such as Datatel and Starfish to be in audit
compliance and reconciled through both the Student and Colleague Financial modules as well as with COD and the G5 accounts.

All
reconciling functions ensure clean audits as well as assists in detecting potential errors that may have been made in awarding or
disbursements. Reconciling prevents loss due to these possible errors.

Dimensions

1. 80% of Mott
   students receive some form of financial assistance which represents over $40 million annually.
2. Approximately 4,800 students receive
   $15 million in Pell grants annually.
3. Approximately 6,500 students receive $ 21 million in Federal and Private Student Loans
   annually.

Supervisory Responsibility:No supervisory responsibility.

Minimum
Requirements

1. Bachelor’s degree or higher in Business, Finance, Accounting or related field.
2. Three years of relevant
   work experience in the accounting field, including recent responsibility for general ledger transaction, account reconciliation, and
   financial statement preparation.
3. Problem solving skills sufficient to diagnose cause of errors in application process and data
   exchange for Title IV Programs.
4. Ability to communicate effectively orally and in writing with students, college employees and
   business partners.
5. Ability to deal with stress and schedule of peak seasonal workload.
6. Demonstrated ability to
   successfully utilize time management and priority setting skills in a high stress, multiple task environment while meeting multiple
   deadlines and federal reporting requirements.
7. A demonstrated proficiency, at the intermediate level, with MS Excel, and at the
   basic level with MS Word, as well as the ability to utilize complex accounting microcomputer programs.
8. Must be able to work
   independently with minimum supervision, but also have the ability to function effectively as a team member.
9. Must be able to read,
   analyze and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to
   write reports, business correspondence and procedure manuals.

Additional Desirable Qualifications

1. Experience
   administering Title IV funds.
2. Familiarity with Federal Direct Lending
3. Datatel experience.
4. Audit and/or analytical
   work paper preparation experience.
5. Experience in an educational institution.

Physical Requirements/Working
Conditions
1. Must be able to remain in a stationary position most of the time.
2. Needs to occasionally move about inside the
office.
3. Constantly operates a computer.
4. Constantly converses with students and their families regarding the financial aid
process.
5. Frequently carries items up to 10 pounds in weight; occasionally carries items up to 25 pounds.
6. Requires close vision
and ability to adjust focus while processing aid forms in hard copy and on computer.

Work Schedule
Full-time, 40 hours per
week/52 weeks per year. In order to meet operational needs, position requires the ability to work a schedule that includes some evening
hours and occasional weekends.

Mott Community College recognizes that remote work can benefit the student, employee and College and
will permit employee duties to be performed remotely when it is appropriate, reasonable and feasible based on the College’s mission and
priorities. MCC employees follow a well-defined remote work program. The opportunity for remote work is reviewed on a case by case basis and
dependent on many factors including the nature of the job duties and person’s suitability for remote work. All hybrid work opportunities are
approved by the immediate supervisor and Executive member.

Additional Information
First consideration given to internal
candidates.

Degree must be conferred by offer date.

Visa sponsorship is not available.

The College is unable to assist
with travel and/or relocation expenses.

Selected candidates must submit to a drug test and criminal background check.

The
College reserves the right to cancel the search at any time.

Application Deadline

Additional Application Deadline
Information
The College reserves the right to close the recruitment process once a sufficient applicant pool has been
identified.

Equal Opportunity Statement
As an equal opportunity institution, the College encourages diversity and provides
equal opportunity in education, employment, all of its programs, and the use of its facilities. The College does not discriminate in
educational or employment opportunities or practices on the basis of race, sex, color, religion, gender, national origin, veteran’s status,
age, disability unrelated to an individual’s ability to perform adequately, sexual orientation, or any other characteristic protected by
law. Title IX Coordinator Contact Information: 1401 E. Court St., Prahl College Center (PCC- 2030G), Flint, MI 48503, (810) 762-0024. Title
II, ADA, Coordinator Contact Information: 1401 E. Court St., Curtice-Mott Complex (CM-1024), Flint, MI 48503, (810) 762-0373. Section 504
Coordinator Contact Information: 1401 E. Court St., Prahl College Center (PCC- 1130), Flint, MI 48503, (810) 762-0191.

For full
job description and to apply, visit https://mcc.peopleadmin.com/postings/3221

jeid-4af7e7d84eba134d978d9364d2eb6550

Tagged as: Employment