Financial Operations Specialist
4 days ago
Hassett is a leading education and training institution seeking a highly skilled Financial Operations Specialist to join our team.
Job DescriptionThe successful candidate will be responsible for managing and reconciling student tuition payments, ensuring compliance with regulatory standards. This role focuses on daily financial reconciliation, handling accounts payable, and aligning financial records with student data across Xero and the student management system.
This position plays a crucial role in supporting streamlined financial operations and accurate up-to-date account information.
Key Responsibilities:- Perform daily reconciliation of all financial transactions in Xero, verifying accuracy and updating records as needed.
- Process student tuition payments, including government-funded course fees, to ensure compliance with regulatory guidelines and allocation of funds.
- Review and manage accounts payable emails, processing invoices and updating records to maintain accuracy.
- Update and reconcile student profiles in the management system, aligning received payments and B2B client invoices with student records.
- Manage inter-company loan transactions and maintain accurate records with related entities.
- Import and export data between Xero and the student management system, verifying alignment with enrolment and payment records.
- Monitor the Stripe account throughout the day, tracking and updating payment resubmissions, processed extensions, and any necessary adjustments to student profiles.
- Proficiency in Xero and experience with student management systems, ideally Axcelerate.
- Strong understanding of financial reconciliation processes and compliance standards.
- Excellent attention to detail, with a focus on accuracy in transaction processing.
- Strong communication skills for handling accounts inquiries and collaborating with internal teams.
- Effective in managing priorities within a fast-paced training environment.
$60,000 - $80,000 per year, depending on experience.
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