The position of Bursar is a full time exempt position of 40 hours per week and is responsible for all accounts receivable functions at the College. The Bursar will supervise one full-time staff member. This position reports to the Vice President of Enrollment Management.
Responsibilities and Duties.
Manage all accounts receivable including, but not limed to, cash receipts, billing and collections.
Process billing assessments and maintain all student accounts accurately.
Process monthly billing statements and application of late payment fees.
Oversee the processing of all payments received by the college applied to a student account and non-student account payments (development, library, printing etc.)
Manage the processing and receipt of all financial aid funds including federal aid (i.e. Stafford loans, plus loans, pell grants etc) state aid, alternative loans and scholarships and awards complying with all regulations.
Oversee the refund process of financial aid and other credit balances from student accounts.
Manage external payment plans with Official Payments and internal BAC payment plans.
Work with the Controller to establish a budget for Bad Debt and oversee the collection efforts and placement with collection agencies.
Provide customer service as it specifically pertains to providing students with individual account information and the ability to assist with difficult situations.
Issue 1098-T forms each year.
Manage month-end and fiscal year-end reconciliations of accounts receivable, Federal Direct Loans, Pell Grants, cash receipts, and help trouble shoot inaccuracies.
Collaborate with all Student Services managers (Registrar, Director of Financial Aid, Manager of Student Services) to ensure that all staff members and processes are working efficiently to best serve the BAC community.
Work with Accounting each semester to reconcile tuition and fees.
Work with Admissions and Students Life in regards to billing for new students and all students in housing to ensure accuracy.
Provide data to various constituents throughout the College and for external surveys.
Other duties and projects as requested
Three to five years working in accounts receivable, preferably in higher education
About Boston Architectural College
The Boston Architectural College (BAC) is an independent, professional college in Boston's Back Bay that provides an exceptional design education by combining academic learning with innovative experiential learning and by making its programs accessible to diverse communities. The College offers professional and accredited graduate and undergraduate degrees in architecture, interior architecture, landscape architecture, and design studies. The core of the BAC experience is a unique learning model where design education happens in the classroom and in the professional workplace simultaneously. Students are taught, mentored, and advised by over 400 practicing professionals, strengthening the connection between workplace experience and classroom learning. Founded in 1889 as a club for practicing architects, the BAC has remained closely tied to Boston's professional design community throughout its history. The BAC has been recognized by DesignIntelligence as providing World-Class Programs with High Distinction, by the Council for Higher Education Accreditation for Outstanding Institutional Practice in Student Learning Outcomes, and by the Carnegie Foundation for community engagement.