Accounts Payable/Receivable Associate

Job Description
Position Overview:
The Accounts Payable/Receivable Associate is responsible for managing accounts receivable and pledge receivables as well as the review and/or processing and recording of outright donations and other payments. This position is responsible for student billing, collections, and providing information to parents as needed.
Essential Functions and Responsibilities:
Responsible for the review of all payments to the school including but not limited to cash, checks, credit card and ACH transactions and posting to GL
Responsible for the review, processing and payment of all accounts payable
Review initial tuition bills, which includes calculation of amounts owed under various payment plans;
calculation of all feesand discounts including credit card fees, entrance fees, financial aid, etc.
Post payments for tuition and incidental charges in student billing system
Conduct reconciliation of accounts receivable and other designated accounts on a monthly basis
Reconcile all bank accounts
Responsible for processing payroll
Interface with Development, Programs, Admissions and Enrollment, bringing transactions into General Ledger in a timely manner
Ensure accuracy and completeness of information in all tasks
Consult with parents regarding tuition and incidental charges and answer other questions or concerns, consulting with other areas to research or provide explanation as appropriate
Manage collections, establishing payment plans with families who require special consideration
Assist in the preparation of the annual audit, completing tasks as assigned, meeting with auditors when on-site and providing documentation
Adhere to all policies and procedures and compliance rules. Provide recommendations to update processes to ensure consistency with best practices within the field as well as efficient use of time, resources and systems at NNM
Provide Dependent Care receipts and copies of invoices for tax purposes
Maintain all files concerning billing and payments made to the school
Review and submit deposits
Process refunds
Assist Controller in producing accurate quarterly financial statements and forecasting cash balances
Assist Controller with reporting, surveys and other tasks as assigned
Acquire professional training in the field by attending conferences, training workshops and other related activities
Perform other duties and responsibilities as required, assigned, or requested