Director, Financial Aid
Job Description
Position Title: Director of Financial Aid
Reports To: Vice President of Administration & Finance/Chief Financial Officer
Department: Financial Aid
Classification: Salary Exempt, Full-time, 12-months, Benefits Eligible
POSITION OVERVIEW
The Director of Financial Aid provides leadership for the oversight of all aspects of Financial Aid.
DUTIES AND RESPONSIBILITIES
- Ensures the integrity and regulatory compliance of all Federal, State and Institution Financial Aid programs administered through LeMoyne Owen College
- Manages all fund accounts for Federal, State and Institution Financial Aid funds
- Performs semester and fiscal year end reconciliation
- Directs functions related to fund management, packaging, awarding and delivery of student financial aid including working with internal accounting to ensure appropriate cash flow levels, billing and allocation of campus-based funds and campus debt management
- Manages the daily operations and supervision of financial aid professionals and support staff productivity. Monitors record maintenance for audit and coordinates training needed for staff to maintain high levels of professionalism and ethical practices in all steps of the financial aid process. Includes staff evaluation and visible interaction for ongoing feedback
- Prepares FISAP Report each year with supporting documentation for continued participation in Title IV programs
- Responsible for all reporting functions at the Federal State and Institutional level including certification of payments to the college by Federal and State agencies
- Annually update and maintain all Policy and Procedures required for participation in Financial Aid programs as well as maintain all supporting documents outlined by Federal and State Agencies for the participation in aid programs
- Design and implement quality internal and external control mechanisms for all technology tools and systems used in the administration of federal and state financial aid Programs including federal and state agency software and the Powerfaids financial aid management system
- Ensure office and staff compliance with the NASFAA Statement of Ethical Principles and Code of Conduct for Institutional financial Aid Professionals as well as following a standard of “Best Practices" as outlined by the National Association of Financial Aid Administrators
- Collaborates with Enrollment Services team in designing and coordinating procedures and policies to optimize student enrollment at the college; advises academic departments and faculty on programmatic and student financial aid eligibility issues
- Assists in the development, support and implementation of departmental goals and objectives in support of the goals and strategic plan of the college
- Prepares periodic reports, maintains comparative financial aid data and uses the data to assess all departmental activities
- Provides leadership for financial aid staff travels to meetings between campuses and out of town as deemed necessary by the Executive Director of Enrollment Services
- Other duties as assigned
MINIMUM QUALIFICATIONS
- Master’s Degree from a four (4) year college or university with academic preparation and training in student personnel services, higher education or business administration
- At least five (5) years’ experience managing a student finance process within a higher educational environment with evidence of the ability to provide supervisory leadership to financial aid personnel
KNOWLEDGE, SKILLS, AND ABILITIES
- Experience with Powerfaids Software is preferred
- Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations
- Ability to write reports, business correspondence, and procedure manual; define problems, collect data, establish facts, and draw valid conclusions; must be able to effectively present information and respond to questions from groups of managers, clients, customers, and the general public
- Ability to add, subtract, multiply and divide in all units of measure using whole numbers, common fractions and decimals; ability to compute rate, ratio and percentage and interpret statistical information
Working Conditions/Physical Demands
While performing the duties of this job, the employee is regularly required to sit, stand, use hands to handle, or feel to talk and to hear. The employee, frequently, is required to walk, reach with hands and arms to stoop, kneel, or crouch. The employee must occasionally lift and/or move up to 20 lbs. Specific vision abilities required by this job include close vision.
Qualified applicants should submit the following information:
- Cover Letter
- Resume
- Unofficial transcript of highest educational level completed
- 3 references including contact information
Incomplete applications will not be considered. The final candidate who is extended an offer must successfully complete reference and background checks.
LeMoyne-Owen College offers an attractive benefits package, including health, vision, and dental benefits. The College pays for Life Insurance, STD/LTD, and paid time off.
LeMoyne-Owen College is an AA/EEO employer and does not discriminate against students, employees, or applicants for admission or employment on the basis of race, color, religion, creed, national origin, sex, sexual orientation, gender identity/expression, disability, age, status as a protected veteran, genetic information, or any other legally protected class with respect to all employment, programs and activities.
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