Specialist, Collections

Job summary

Manage delinquent student accounts and Perkins Loan collections, including account audits, placements with collection agencies and government entities, payment processing, reporting, and recovery tracking. Maintain the Perkins Loan portfolio and respond to students, parents, and agencies with professional support on collection-related questions.

Job details

497709 Richmond Campus Administrative Support Positions Financial Positions Fulltime Staff frame-loader#lazyLoad clinch:authenticated@document->frame-loader#reload" id="31a5efdf67a7ed5113034953beca812e_favourites"> Title: Specialist, Collections Position Type: Fulltime Staff Search Type: External - minimum 7 days Department: 68R000 - University Business Services Division: 4R0000 - Financial Affairs Position Location: Richmond Campus Driver Classification: Non-Driver FLSA: Exempt Schedule Type: Full Time (37.5 hrs per week or more) Additional Schedule Details: This is an on-campus position. Normal office hours are Monday - Friday, 8:00am - 4:30pm with the exception of some weeks during summer and winter which are Monday-Thursday, 7:30am - 5:00pm. Posted Salary Grade: Exempt - G20 Retirement: KTRS Contact Person: Ursula Felicicchia Cox Job Summary/Basic Functions The Student Accounting Services Collections Specialist is responsible for managing processes related to delinquent student Accounts Receivable (AR) and Perkins Loan accounts. This position oversees collection activities through internal efforts, external collection agencies, the Kentucky Department of Revenue, and the U.S. Department of Education while ensuring compliance with applicable federal, state, and institutional regulations. Key responsibilities include tracking and auditing student accounts, monitoring collection activity for accounts placed with third-party agencies, assigning Perkins Loan accounts to the U.S. Department of Education, resolving account discrepancies, and supporting the University's collection and recovery objectives. This role ensures accurate account maintenance, compliance with established procedures, and effective oversight of collection efforts to maximize account resolution and recovery outcomes. The Specialist serves as a primary resource for students, parents, and third-party agencies by providing exceptional customer service and responding to inquiries related to collections and Perkins Loan accounts via phone and email. This role provides guidance, resolves account-related questions and concerns, and supports the Student Accounting Services team in delivering a positive, professional, and customer-focused service experience. Minimum Qualifications Education: Bachelor's degree required. Degree in Accounting, Finance, or a related field is preferred. Experience: Three years of experience is required. Experience with student financial services, internal or external collections, and accounting or finance is preferred. Job Duties 60% - Exercise good judgement and discretion in making decisions on account placements, assignments, adjustments or write-offs. Manages all aspects of delinquent student accounts ensuring Federal regulations and internal procedures are followed and performed at a high level of accuracy. This includes tracking and auditing student accounts, account placement with third party collection agencies and the KY Department of Revenue; processing agency payments and monthly reports, as well as tracking close and recovery rates for the agencies. - (Essential) 20% - Responds to phone calls and emails regarding collection accounts from students, parents, and third-party agencies, providing professional and exceptional customer service while addressing account-related inquiries and concerns. - (Essential) 15% - Maintains the Perkins Loan portfolio and manages account assignments to the U.S. Department of Education, ensuring accurate records and compliance with applicable regulations. - (Essential) 5% - Supports the office functions by completing all other duties and special projects as assigned. - (Essential) Sponsorship: This position is not eligible for visa sponsorship. Funding Source: Institutional Open Until Filled: Yes EEO Statement Eastern Kentucky University is an Equal Opportunity employer and educational institution and does not discriminate on the basis of age (40 and over), race, color, religion, sex, sexual orientation, gender identity, gender expression, pregnancy, ethnicity, disability, national origin, veteran status, or genetic information in the admission to, or participation in, any educational program or activity (e.g., athletics, academics and housing) which it conducts or any employment policy or practice. Background Check Statement Offers of employment are contingent upon a satisfactory background check.

What you’ll do

Manage delinquent student accounts and Perkins Loan collections, including account audits, placements with collection agencies and government entities, payment processing, reporting, and recovery tracking. Maintain the Perkins Loan portfolio and respond to students, parents, and agencies with professional support on collection-related questions.

Requirements

A bachelor's degree is required, with a degree in accounting, finance, or a related field preferred. Three years of experience are required; experience in student financial services, collections, accounting, or finance is preferred.

Listed skills

• Accounts receivable · Preferred
• Regulatory Compliance · Preferred
• Payment Processing · Preferred
• Customer service · Preferred
• written communication · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Collections Management
• Accounts Receivable
• Account Auditing
• Account Reconciliation
• Regulatory Compliance
• Payment Processing
• Portfolio Management
• Customer Service
• Written Communication
• Verbal Communication
• Judgment and Discretion
• Financial Recordkeeping

Job areas

• Finance & Accounting
• Customer Service & Support
• Administrative
• Education

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