Disbursements Coordinator

BENNETT COLLEGE   Greensboro, NC   Full-time     Health Care Provider
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Posted on June 27, 2021

BENNETT COLLEGE
Job Posting
Title: Disbursements Coordinator
Date of Posting: 06/18/2021
Closing Date: Until Filled
Department: Business &
Finance
Reports To: Controller

GENERAL SUMMARY:
Reporting to the Controller, the Disbursements Coordinator (DC) holds
primary responsibility for the payment activities of the
College and the
purchase-to-payment cycle as a whole. This includes
being the primary point
of contact on campus for the College's purchasing policy and maintaining
documentation to support adherence to such policy, as well as processing
payments through the College's ERP/GL and bill payment processes as
needed. Additionally, this role maintains responsibility for payroll processing
and the relationship with the external payroll servicer, as well as for student
account refunds currently processed through a third party servicer. In
collaboration with the Accounting Analyst, ensure needed information is
provided timely to the College's banking institution and Bank Mobile (for
student refund payments) on a weekly basis. Annually, this position performs
certain tax reporting, such as issuance of Forms 1099 and 1098-T to the
related stakeholders.

ESSENTIAL JOB FUNCTIONS:
• Generate and distribute purchase orders from approved purchase requisitions
• Process and pay approved payment requests, purchases against PO's, and expense reimbursements
• Process monthly and bi-weekly payrolls through an external payroll
service
• Process student account refunds
• Process and pay student insurance rosters
• Process and track necessary information for generation of IRS Forms
1099 and 1098-T throughout the year
• Perform other duties as assigned

KNOWLEDGE, SKILLS, AND ABILITIES:
• Familiarity and competency with Microsoft Office suite
• Familiarity with Jenzabar EX
• Familiarity with IRS Form 1099 and/or 1098-T preparation
• Must be a self-starter and problem solver with strong organizational
skills and the ability to manage multiple priorities
• Must be extremely detail oriented and do highly accurate work
• Must possess a high level of professionalism and the ability to exercise
sound judgement and discretion
• Must be able to communicate effectively with individuals both inside
and outside the college and to deliver a high level of customer service
• Must be able to effectively administer the colleges' policies and
procedures and to make suggestions for improvement

EDUCATION AND EXPERIENCE:
Required:
• Must have as minimum of 3 years' payroll and/or accounts payable
experience
Preferred:
• Possession of an Associates or Bachelor's degree
• Work experience in a higher education setting

We are an Equal Opportunity Employer
E-Verify, an online program which is administered through the Department of
Homeland Security and the Social Security Administration, are used to verify
employment eligibility.


BENNETT COLLEGE

Greensboro , NC