Financial Affairs Coordinator at Prestige Staffing

Financial Coordinator at Rush Memorial Hospital in Chicago, IL 60612

Pay: Pending experience up to $23/hr.

Onsite: 1653 W Congress Pkwy, Chicago, IL 60612

The Financial Affairs Coordinator provides financial support to the Student Business Office (SBO) in the areas of student accounts and billing. This will include providing answers to student questions, running the daily billing process, processing student refunds, and submitting invoices to third-party. Exemplifies the Rush mission, vision and values and acts in accordance with Rush policies and procedures.

Job Responsibilities:
• Review outstanding tuition accounts and coordinate with debt collectors. Identify delinquent accounts, perform collection procedures on student receivables, resolve payment discrepancies, address billing inquiries, and contact students to facilitate collections.
• Apply late fees and place holds on accounts with outstanding balances.
• Support daily departmental tasks, including reviewing Financial Aid transmittal update reports and adjusting holds as necessary.
• Assist with processing student refunds when needed.
• Prepare journal entries as directed and as needed.
• Third-Party Invoicing. Issues invoices to third parties as required.
• Assist in preparing deposits for tuition payments, insurance refunds, confirmation fees/prepayment payments, and financial aid funds.
• Answer the department phone calls and emails and help students with issues related to their accounts.
• Aid in the creation and management of payment plans.
• Assist with the insurance billing procedures as needed.
• Assist with the review of the leave of absence report- Identify students who need to be notified about their outstanding balances, review student health insurance during LOA and exit accounts with institutional loans.
• Assist the department in other duties as needed.

Required Job Qualifications:
• Bachelor's degree from an accredited institution in business administration, accounting,
finance or a related field.
• Highly motivated, self- confident individual with a desire to learn and improve.
• Strong organizational and customer service skills.
• Familiar with Title IV and Title VII Federal Student Loan Program Regulations.
• Strong oral and written communication skills.
• Strong interpersonal skills to effectively build relationships and collaborate in the broad network of Rush University Medical Center (RUMC).
• Ability to work independently with minimal direction and to work as part of a team.
• Ability to set priorities and manage deadlines and possess a strong work ethic.
• Strong attention to details.
• Proficient with Microsoft Office, specifically in Word, Excel, and PowerPoint.

Preferred Job Qualifications:
• Experience in University Service preferred, but not required.