Jobs · Education · New York

Senior Director of Financial Aid Oversight and Compliance

Long Island University · Brookville, NY · 4 wk ago
EducationFull-time

Job Description

Position Summary:

The Senior Director will oversee University-wide student financial service quality assurance activities, centralized bursar and financial aid operations, and strategic analysis and reporting tools. They will also assist with the assessment of organizational structure and process improvements.

  • Oversee University-wide student financial service quality assurance activities with respect to: Federal, State, and institutional aid compliance; HEOA, FERPA, GLBA, and TILA/Regulation Z; PCI DSS; PeopleSoft student financial service applications; external website access; financial services training; lending programs; and internal and external audit and program review management.
  • Oversee the centralized bursar and financial aid operations, including student account management; general ledger integration and reconciliation; billing, collections, and cashiering; wire transfer and drawdown management; tuition remission; direct and campus-based loan management; external file management; 1098T processing; credit card processing; and help desk support.
  • Lead the department in formulating, interpreting, and implementing policy; create, maintain, and implement complete financial aid policies and procedures per institutional, state, and federal student aid regulations; use available channels to identify and understand regulatory changes and evaluate their impact on LIU students, policies, and procedures; ensure bulletins and websites are properly updated and maintained with most up to date compliance requirements.
  • Cook up Federal, State and related program audits, including: financial statement audits, single audits, program reviews, and internal audits.
  • Ensure the proper and timely submission of all federal, state, and other external reporting requirements related to student financial service activities, including FISAP and AOR reporting.
  • Oversee management of the Peoplesoft student financials and bursar modules; including testing and implementation of software patches, yearly setup of tables and rules, troubleshooting and managerial point of system.
  • Aid in the development and maintenance of strategic analysis and reporting tools to budget and monitor trends or projections in tuition and fee revenue; program pricing and discounting; institutional aid; campus-based Title IV aid programs (i.e., FWS, SEOG, APTS); New York State HESC program management; private loan management, restricted and endowed awards; revolving student loan funds; student accounts receivables; bad debt expense; and student payment options.
  • Aid the VP in assessing the effectiveness of the organizational structure on a regular and periodic basis to enhance productivity, maintain morale and continuously improve the student-centered delivery of services. Participate in the design, implementation, and coordination of various resource management projects.
  • Aid the VP in identifying trends and market related influences and make recommendations to the COO for improving and adjusting processes as related to identified trends and influences.
  • Work closely with campus personnel and other University offices as appropriate, including managing external website user access for all Federal and State financial and financial aid management programs.
  • Support the hiring, training, supervision and performance management of staff to meet departmental and divisional objectives.
  • Perform other related duties incidental to the work described herein.

Qualifications

  • Bachelor's degree required; Masters degree and / or five years management experience recommended.
  • Comprehensive understanding of the Title IV regulations
  • Strong accounting, audit, organizational and communication skills.
  • Understanding of student financial services.
  • Ability to manage staff
  • Working Knowledge of MS Windows, MS Office, Oracle databases, and PeopleSoft environments

About LIU Post

LIU Post campus is a scenic, historic, and scholarly campus that offers a small-school environment with the access and resources of a major metropolitan university. The University's 350+ acre campus is located on the estate of Marjorie Merriweather Post, 27 miles east of New York City on Long Island's Gold Coast. The campus houses the Lewyt College of Veterinary Medicine, the first professional School of Accountancy, an AACSB-accredited Business School, and an award-winning theater program. LIU is home to the world-renowned Tilles Center for the Performing Arts and the Shark Stadium, where supporters gather to cheer on the Sharks’ Division I athletic program.

LIU is an equal opportunity employer. LIU is committed to extending equal opportunity in employment to all qualified candidates who can contribute to the diversity and excellence of our academic community. LIU encourages applications from all qualified individuals without regard to race, color, religious creed, genetic information, sexual orientation, gender and/or gender identity or expression, marital or parental status, national origin, ethnicity, citizenship status, veteran or military status, age, disability or any other basis protected by applicable local, state or federal laws. Hiring is contingent on eligibility to work in the United States.

Similar jobs