Job Posting for Financial Aid Analyst at Virginia Tidewater Community College
Tidewater Community College has served South Hampton Roads – both students and employers – for 50 years. It has grown from 1 campus into a regional educational and economic force. TCC is the largest provider of higher education and workforce services in Hampton Roads, enrolling nearly 28,000 students in 2019-20. Founded in 1968 as a part of the Virginia Community College System, Tidewater Community College (TCC) services South Hampton Roads with 4 campuses in Chesapeake, Norfolk, Portsmouth, and Virginia Beach, 7 regional centers and 2 important cultural institutions. The college had 3,203 graduates in 2019-2020, 40 percent of whom pursued degrees that would let them transfer to 4-year institutions. Of South Hampton Roads residents enrolled in higher education 36% enrolled at TCC. TCC’s institutional accreditation is affirmed through 2027 by the Southern Association of Colleges and Schools Commission on Colleges.
The Financial Aid Analyst is responsible for processing payment distributions, student aid disbursements, and preparing complex reconciliations to ensure accuracy in the processing of financial transactions according to VCCS standards, GAAP, CAPP, and college policies and procedures.
The position applies generally accepted accounting principles and practices in the specialized areas of federal, state and local financial aid funds. The position works closely with Central Financial Aid, campus Financial Aid offices and the other Financial Specialists in Fiscal Services to ensure timely and accurate processing of financial aid transactions, while maintaining compliance with the Federal, State and Local regulations and the Privacy Act. The position analyzes, interprets and records fiscal data and financial transactions for student accounts, financial reporting, financial statement preparation and cash management. Provides customer support services to inquiries regarding student accounts and refunds.
Working knowledge of generally accepted accounting principles and practices.
Working knowledge of accounting office procedure and equipment.
Knowledge of the use of data processing techniques in maintaining accounting records.
Demonstrated proficiency skills in Microsoft spreadsheet, word-processing, and database software.
Demonstrated ability to research, prioritize, utilize available resources, and resolve issues with minimal supervision.
Demonstrated ability to apply accounting methods to a variety of financial transactions and records to prepare financial reports and statements.
Demonstrated ability to be organized and detail oriented.
Ability to communicate effectively verbally, in writing, and electronically, with students and co-workers.
Ability to prepare journal entries using knowledge of the Chart of Accounts and knowledge of the importance of proper and complete documents to support work processes.
Ability to audit documents for accuracy and completeness.
Working knowledge of Federal and State Financial Aid.
Working knowledge of budgets and tracking revenue and expenditures.
Working knowledge of AIS, Cardinal, and PeopleSoft.
Bachelor’s degree in Accounting or Business, or Associate Degree with equivalent combination of education, training and experience is preferred.