Description: Pratt Institutes Student Financial Services is looking for an Accounts Receivable Analyst (ARA). The ARA will monitor and manage the Student Account Payable function under the scope of the Associate Director. This includes identifying, auditing, and processing student credit balances generated from Title IV Aid, Institutional Aid, Domestic and/or International online or in-house payments, third-party agency payments, and payment plan payments in accordance with Federal, State, and Organizational policies.
Assist with the accurate and timely processing, and posting of funds to student accounts; and performs the reconciliation necessary for all, but not limited to: credit card payments, both paper checks and e-checks, student payment plan payments, vouchers, third party payments, wire payments, Fly Wire, student tuition and residential deposits, outside collection agencies and late fees as per institutional policy and procedures. Open, review and process incoming mail from the mail center.
Monitor and manage the Student Account Payable function with the Associate Director. This includes identifying, auditing, and processing student credit balances generated from Title IV Aid, Institutional Aid, Domestic and/or International online or in-house payments, third-party agency payments, and payment plan payments in accordance with Federal, State, and Organizational policies. Maintain detailed refund records and compliance information as needed. Liaison between the Controller Office, Registrar, & Residential Life to ensure student refunds are processed timely. Perform frequent reconciliations of issued refunds to minimize the Institute's risk exposure. Monitor and manage student stop payment/ Escheatment check process.
Assist with the accurate and timely processing, and posting of funds to student accounts; and performs the reconciliation necessary for all, but not limited to: credit card payments, both paper checks and e-checks, student payment plan payments, vouchers, third party payments, wire payments, Fly Wire, student tuition and residential deposits, outside collection agencies and late fees as per institutional policy and procedures. Open, review, and process incoming mail from the mail center.
During peak times assist SFS Counselors in servicing students by identifying and correcting billing issues and irregularities, inaccurate posting of payments, financial aid awards, and student refunds. Perform office administrative functions such as ordering departmental office supplies via ESM.
About Pratt Institute:
Pratt Institute provides the creative leaders of tomorrow the professional knowledge and experience to make a better world. A world-class and internationally ranked college with programs in art, design, architecture, liberal arts and sciences, and information studies, Pratt offers nearly 50 undergraduate and graduate degree programs.
The Institute's impact expands beyond its 25-acre residential campus in Brooklyn to cutting-edge facilities throughout the borough, a landmark building and public gallery in Manhattan, as well as an extension campus, PrattMWP College of Art and Design in Utica, New York. On Governors Island, Pratt is a core partner on the Stony Brook University team selected to develop the New York Climate Exchange, a research and educational hub poised to establish New York City as the global leader for the most pressing issue of our time: climate change. Another extension of Pratt's campus is the Research Yard, a 20,000-square-foot facility that brings together the research activities of Pratt Institute under one roof in the Brooklyn Navy Yard (BNY).
Since its founding in 1887, Pratt has prioritized diversity and inclusion, welcoming students from all walks of life while developing and sustaining pathways to more equitable workplaces and careers.
Pratt and its exceptional faculty pride themselves on being academically excellent as well as leaders in both in-person and online learning. Pratt students are part of a collaborative, interdisciplinary, research- and inquiry-based education that prepares them for success in creative fields and professional practice. With a long-held commitment to the communities of New York, Pratt partners locally through the Pratt Center for Community Development to work for a more just city. The Institute also offers a variety of programs for local pre-college and continuing education students in the Center for Art, Design, and Community Engagement K-12 and the School of Continuing and Professional Studies. Additionally, Pratt partnered with Bank Street College of Education and the NYC Department of Education to develop and launch a new public high school situated in downtown Brooklyn dedicated to design and social justice, Design Works High School, opening in fall 2023.
Bachelors degree in a related field preferred.
One (1) to Three (3) years minimum experience working within a higher education student account office and/or business office (i.e. accounts payable) preferred.
Proficient skills in Microsoft Office Suite required (Word, Excel, Access, PowerPoint).
Working knowledge of Ellucian Colleague or other student information systems.
Superior attention to detail and advanced electronic reconciliation skills using excel spreadsheets.
Excellent verbal and written communication skills. A professional and resourceful approach; the ability to work independently and as a team player, to take initiative, and to prioritize multiple tasks and projects simultaneously.
Ability to maintain confidentiality of records and information. Strong organizational and problem resolution skills.
Salary is competitive and commensurate with experience and qualifications. The salary range for this position is $50,100-$53,400. The position will be hybrid and requires in-person presence 3 days per week.
Salary Generous Benefits:
403B Retirement Program
Supplemental Retirement Account
Tuition Benefits for Employees and Dependents
Tuition Exchange Program
Flexible Spending Accounts - commuter, medical, dependent care
Basic life and AD&D insurance provided by Pratt
Medical, Dental, and Vision Care Coverage
Paid time off - vacation days, sick leave, and major holidays off
Additional Perks - free entry to select museums and cultural institutions, free use of campus recreation facilities, affordable
Equal Employment Opportunity Statement We are an equal opportunity employer and do not discriminate in hiring or employment on the basis of race, color, creed, religion or belief, national or ethnic origin, citizenship status, marital or domestic partnership status, sexual orientation, sex, gender identity or expression, age, disability, military or veteran status, or any other characteristic protected by federal, state, or local law.Pratt Institute recognizes and values the benefits of a diverse workforce.
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The mission of Pratt Institute is to educate artists and creative professionals to be responsible contributors to society. Pratt seeks to instill in all graduates aesthetic judgment, professional knowledge, collaborative skills, and technical expertise. With a firm grounding in the liberal arts and sciences, a Pratt education blends theory with creative application in preparing graduates to become leaders in their professions. Pratt enrolls a diverse group of highly talented and dedicated students, challenging them to achieve their full potential.