Accountant 1 - Third Party

Accountant I

Office of Student Accounts

Exempt, Regular, Full-Time, Pay Grade 1.2

Job location: Adelphi, MD (Hybrid)

University of Maryland Global Campus (UMGC) seeks an entry level Accounting Analyst within the Third-Party unit in the Office of Student Accounts (OSA).  Under the supervision of the Third-Party Supervisor, the Third-Party Accounting Analyst will perform complex clerical activities essential to Third Party accounting such as ensuring proper posting of tuition assistance, billing, invoicing, collections of all related third-party accounts receivables, refunding payments as necessary and filing tuition assistance forms and invoices while adhering to departmental standards for quality assurance. The Accounting Analyst ensures that third party transactions are in accordance with UMGC, State, and Federal policies and procedures, and are recorded consistent with acceptable accounting standards.

Duties & Responsibilities

• Administers and maintains assigned third-party payer accounts to verify accuracy of transactions and uniform application of policies, procedures, and acceptable standards.
• Receives, analyzes, and prepares various internal/external reconciliations, exhibits and summaries along with any assigned databases utilized for financial reporting.
• Provide world-class customer service via the telephone, emails and ticketing system to students, agencies, and internal staff; responding to all internal and external inquiries within one business day; and troubleshooting issues accurately and appropriately.
• Ensures that transactions are in accordance with applicable authority, policies, procedures, and are recorded consistent with acceptable accounting standards.
• Reviews and processes routine financial documents such as invoices, vouchers, receipts, and reports, ensuring accuracy of mathematical computations and completeness.
• Maintains manual and automated record keeping systems by tracking, verifying, and updating records, files, and reports. Inputs, monitors, and corrects data in automated systems; generates reports.
• Perform complex clerical activities essential to Third Party accounting such as ensuring proper posting of tuition assistance for military, private, and USM agencies, billing, invoicing, collections of all related third-party accounts receivables, refunding payments as necessary and filing tuition assistance forms and invoices.
• Process and reconcile third party transactions within one business day while ensuring that processes are in accordance with UMGC, State and Federal policies and procedures and are recorded and consistent with acceptable accounting standards while adhering to departmental standards for quality assurance 
• Provides general research and overview of various procedures and programs for billing, receipt, and collection
• Other job-related duties as assigned. 

Required Education and Experience:

Education

• Bachelor’s Degree from an accredited institution of higher learning (preferred program in Business Management, Finance, Accounting, Information Systems, or related field)

Experience

• Two (2) years of related experience. 

Minimum knowledge, skills, and abilities:

• Knowledge of best practices, principles, theories, techniques, and methodology in the field as well as all relevant federal, state, and local rules, regulations, and programs/policies for meeting compliance. 
• Ability to participate in the development of policies and procedures for the unit, to clearly communicate results of work both orally and in writing to clients and management,  to cooperate and work with others in order to strengthen and cultivate relationships, to carry out multiple assignments and plan accordingly in order to meet scheduled deadlines, to effectively implement analytical and organizational skills in order to carry out and follow through with complex assignments for which no clear precedents exist.
• In addition, the skill in acting as a liaison with key external agencies, campuses, or other high-level contacts and in using Microsoft Office software and PeopleSoft financial system for advanced analysis and useful reporting.​

All submissions should include a cover letter and resume.

The University of Maryland Global Campus (UMGC) is an equal opportunity employer and complies with all applicable federal and state laws regarding nondiscrimination. UMGC is committed to a policy of equal opportunity for all persons and does not discriminate on the basis of race, color, national origin, age, marital status, sex, sexual orientation, gender identity, gender expression, disability, religion, ancestry, political affiliation or veteran status in employment, educational programs and activities, and admissions.

Workplace Accommodations:

The University of Maryland Global Campus Global Campus (UMGC) is committed to creating and maintaining a welcoming and inclusive working environment for people of all abilities. UMGC is dedicated to the principle that no qualified individual with a disability shall, based on disability, be excluded from participation in or be denied the benefits of the services, programs, or activities of the University, or be subjected to discrimination. For information about UMGC’s Reasonable Workplace Accommodation Policy or to request an accommodation, applicants/candidates can contact Employee Accommodations via email at[email protected].

Benefits Package Highlights:

• Generous Time Off: Enjoy 22 days of paid vacation, 15 days of sick leave, 3 personal days, and 16 paid holidays (17 during general election years). For part-time employees, time off rates will be prorated based on the number of hours worked.

• Comprehensive Health Coverage: Access to health care, medical with vision, dental, and prescription plans for both individuals and families, effective from the 1st of the month following your hire date.

• Insurance Options: Term Life Insurance, Accidental Death and Dismemberment Insurance, and Long-Term Disability (LTD) Insurance. Part-time employees working less than 0.5 FTE are not eligible for LTD.

• Flexible Spending Accounts: Available for medical and dependent care expenses.

• Retirement Plans: Choose between the Optional Retirement Program (ORP) or the Maryland State Retirement and Pension System (MSRPS).

• Supplemental Retirement Plans: include 401(k), 403(b), 457(b), and various Roth options. The university does not provide matching funds.

• Tuition Remission: Immediate availability for Regular Exempt Staff. Spouses and dependent children are eligible for undergraduate tuition remission after two years of service. NOTE: For part-time employees (at least 50 percent of the time), tuition remission benefits are prorated.

Hiring Rate:

$46,000.00