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Montgomery College · 1 day ago

Accounts Receivable Assistant Manager

Maryland - Montgomery County

Full-time

Hybrid

Mid, Senior Level

$80K/yr - $128K/yr

3+ years exp

Montgomery College is seeking a Full-time Accounts Receivable Assistant Manager in the Office of Business Services. The role involves supervising staff performing accounts receivable functions, serving as a system administrator for multiple applications, and ensuring compliance with financial regulations and operational transparency.

AdviceEducationTraining

Comp. & Benefits

No H1B

Responsibilities

Supervise, train, and evaluate staff performing AR functions, including billing, refunds, collections, and third-party billing

Serve as System Administrator and/or Subject Matter Expert for multiple systems/applications/software used in Accounts Receivable and across the College. Responsibilities include configuration, analysis, implementation, maintenance/updates, upgrade quality assurance testing, optimal performance tuning, timely and accurate bridging of data from the Student Information System, and prompt end-user problem troubleshooting and resolution

Provide strategic guidance to users and administrators to make student systems more effective and efficient

Collaborate with Account Receivable Manager to assign responsibilities, oversee daily operations, and ensure service continuity during staff absences

Oversee tuition and fee billing, payment plans, waivers, adjustments, and late fee assessments, timely calculation and disbursement of student refunds

Ensure adherence to applicable laws, regulatory requirements, institutional policies, contractual requirements

Ensure financial transparency, data security, and privacy in AR operations

Supervise and monitor collection of delinquent accounts and related activities, including repayment arrangements, write-offs, and accounts sent to external collection agencies

Oversee set-up, billing, and reconciliation of third party and sponsor accounts Manage the reconciliation of AR subsidiary ledgers to the general ledger, including reviewing journal entries, adjustments, write-offs, and accruals to ensure accuracy

Develop and update AR procedures; prepare responses to audits

Participate in month-end and year-end close AR activities

Ensure financial transparency, data security, and privacy in AR operations. Provide leadership in delivering responsive and professional AR-related support to students, families, and sponsors

Perform other duties as assigned

Qualification

Accounts Receivable ManagementSupervisory ExperienceBanner Software KnowledgeFinancial AnalysisTax Form ProcessingCommunication SkillsProblem SolvingTeam Leadership

Required

Bachelor's degree in Accounting, Finance, Business Administration, or related field or the equivalent combination of education, training, certification and/or experience that provides the required knowledge and expertise to perform the essential functions of the job may be considered

Three years of progressively responsible experience in accounts receivable, student accounts, or higher education finance

Two years of experience in a supervisory role

Eligible applicants must currently be authorized to work in the United States and not require employer visa sponsorship