Job Title
Assistant Bursar for Cash Management
Division
Division of Finance & Administration
Department
Bursar's Office
Work Status
Full Time
Position Category
Staff
FLSA
Exempt
Pay Range
Exempt
Salary Range
$60,000 to $70,000 /year
Fund Source
State Support
Job Summary
The Assistant Bursar for Cash/Revenue Operations will be responsible for the efficient and effective organization and operation of all functions of the payment/cash collection, deposit, and record maintenance of receipts from students at Morgan State University’s Bursars Office.
Job Duties
Brief summary of job duties:
• Monitoring and updating all online cash collecting portals, enhancing the University’s online payment experience and serving as a point of contract for all new online portals that require a payment collection component
• Monitoring and coordinating cash receipt and payment and collections processes in order to ensure the institution realizes a maximum cash flow and money position; accurate and timely deposits and postings for both student and non-student collections
• Maintaining a banking relationship with the State of Maryland and assisting in multiple Cash reconciliations with the University, State of Maryland and the bank
• Participate in the reconciliation of the Bursar’s Office records with those of the Accounting Office to ensure complete agreement of billing, receipts, disbursements and outstanding receivable records
• Supervise the cash management operation of the University and its satellite offices and the development of effective cash management policies and procedures
• Under the direction of the Bursar, supervise, organize, perform payment/collection, deposit, disbursement and record maintenance of general collections for the University including tuition and fees, grants and other University related funds; participate in the establishment of policies/procedures regarding the above activities
• Manage the payment/collections process and the intake funds to the University
Requested Minimum Qualifications
Education: The successful candidate must have a Bachelor’s degree in Business Administration, Accounting, E-Commerce or relate field.
Experience: At least five (5) years of experience dealing with the collection and disbursement of funds required, preferably in a university setting. At least three years of experience in supervising a staff composed of at least two full-time employees involved in the billing, collection, disbursement and record maintenance functions of a multi-million-dollar operation is required. One (1) year of experience working with an on-line, integrated financial computer system is required.
Other Preferences for Consideration Knowledge, Skills & Abilities
Posting Number
ST01279
Number of Vacancies
1
Job Open Date
03/07/2025
Application Review Date Job Close Date
03/30/2025
Special Instructions to Applicant
Please enter two professional references in the References page of the application.