Accounts Receivable and Loan Analyst
Under the direction of the Assistant Bursar, the Collections and AR
Loan Analyst is responsible for ongoing analysis of the
University's accounts receivable, collections, and loans to ensure
proper collection efforts, balances, and communication to students
and other campus constituents. A vital portion of these
responsibilities is done through maintaining reconciliations
between external systems and the University's ERP system, in both
the finance and student modules. This position acts as the
University liaison with third party collection agencies and the
loan servicer so they are required to possess strong analytical and
critical thinking skills. This position will also provide regular
support to other positions within the Office of the Bursar.
Loan Portfolio Management
Reconciliation and Analysis
- Tracks University-funded loan disbursements and reports them to
- Completes electronic loan exit paperwork for student borrowers
who are graduating or below part-time status.
- Posts loan payments to the Banner Finance system and reconciles
multiple loan funds.
- Approves uncollectable loans for assignment to third party
- Works with borrowers on deferment, forbearance and cancellation
paperwork in accordance with Department of Education
- Processes defaulted Perkins Loans back to the Department of
- Completes monthly reconciliations for past due student accounts
and loan funds within the Banner Finance system.
- Completes reconciliation of account balances between the
University and collection agencies and between the University and
the loan servicer.
- Completes a strategic analysis of all collection accounts and
recommends collection strategies to the Assistant Bursar.
Collection of Delinquent Receivables
- Advise students, sponsors, and parents about tuition and fees
and other related charges. Responsible for heavy volume of oral and
written correspondence with students, collection agencies, and
- Coordinates with Financial Aid, Admissions, the Registrar's
Office, and other departments to resolve student issues related to
tuition and fees.
- Answers email and telephone calls with professionalism and
clarity. A general knowledge of campus activities is required to be
able to direct questions to the appropriate
- Proactively initiates outbound calls to contact delinquent
debtors to secure payment and/or negotiate repayment arrangements.
Arrangements must be documented via electronic agreement/signature
and plans are be monitored for compliance.
- Resolves student complaints by researching accounts and
correcting discrepancies. Knowledge of registration, payment
deadlines, drop dates, tuition and fees structure, financial aid,
College Opportunity Fund (COF), the Student Financial
Responsibility Agreement, University policy, etc. is required to
effectively resolve issues.
- Determines when accounts are uncollectible and assigns them to
a third party collection agency.
- Reports collection accounts to the Department of Revenue for
- At times, position will work with University departments to
assign non-student accounts to collections.
- Posts/reports payments on collection accounts and reconciles
balances between systems.
- Researches bankruptcy filings on the PACER system.
- A bachelor's degree from an accredited institution in
accounting or related field.
- A bachelor's degree that includes 27 semester hours in
accounting or auditing coursework will substitute for the degree
- Experience with Collections with knowledge and understanding of
state and federal collection regulations, including the Fair Debt
Collection Protection Act.
- Experience in an AR module within Banner or a similar
About Mines & Golden, CO
- Experience working in a higher education institution.
- Aptitude for understanding and applying complex State and
- Ability to meet multiple deadlines and deliver a quality, error
- Analyzation and problem solving skills including the ability to
use independent judgment.
Mines is consistently ranked
among the top engineering colleges
in the United States and ranks number one as the best public school
in the state for best value colleges. Mines is located in the heart
of Golden, Colorado, a western suburb of Denver. The campus
location offers a small-town ambiance with close proximity to all
that the Denver metropolitan area has to offer with an abundance of
cultural events, museums, theaters and sporting venues. An arid
climate and an average 300 days of sunshine per year make the area
an ideal place to live, work and play. We seek individuals who
value a diverse and inclusive community – offering different
perspectives, experiences, and cultures that enrich the educational
and work experience.
Colorado School of Mines is committed to equal opportunity for all
persons. Mines does not discriminate on the basis of age, sex,
gender (including gender identity and gender expression), ancestry,
creed, marital status, race, ethnicity, religion, national origin,
disability, sexual orientation, genetic information, veteran status
or current military service. Further, Mines does not retaliate
against community members for filing complaints regarding or
implicating any of these protected statuses.
Mines’ commitment to nondiscrimination, affirmative action, equal
opportunity and equal access is reflected in the administration of
its policies, procedures, programs and activities and in its
efforts to achieve a diverse student body and workforce.
Through its policies, procedures and resources, Mines complies with
federal law, Colorado state law, administrative regulations,
executive orders and other legal requirements to prevent
discrimination (including harassment or retaliation) within the
Mines campus community and to address potential allegations of
inequity or concerns for safety.
$ 60,500 - $62,000
Mines takes into consideration a combination of candidate’s
education, training and experience as well as the position’s scope
and complexity, the discretion and latitude required in the role,
work location, and external market and internal value when
determining a salary level for potential new employees.
Mines is proud to provide exceptional benefits that include
pay, health & wellness and work/life balance offerings. Our
portfolio of benefits includes medical, dental, vision, disability
insurance, flexible spending accounts, life insurance, and
retirement savings plans. Additionally, Mines employees are
eligible for tuition benefits (for employees and dependents),
generous paid holidays and leaves and discount programs. For more
information, visit Mines
How to Apply
Applicants will be asked to complete an online application
(personal information, demographic information, references,
veterans status) and upload a resume and cover letter (required).
References will not be contacted until later in the selection
process and you will be informed before that contact is made.
Background Investigation Required
COVID-19 Vaccine Requirement
This position will require documented proof of full COVID-19
vaccination or exemption because of a medical or religious
exclusion. New employees will be required to provide attestation to
their status with proof of vaccination upon hire. Religious and
medical exemptions and reasonable accommodation shall be addressed
as required by law pursuant to the Equal Employment Opportunity
Commission’s vaccination guidance.
Sep 20, 2022 Mountain Daylight Time