Director of Financial Access (Finance)

POSITION SUMMARY:

The Boston Architectural College (BAC) is committed to providing all our students with an integrated and exemplary educational experience while ensuring their individual success and empowering them to fully actualize their potential. We embrace diversity and inclusivity in all its forms, while striving to create an equitable global community.

The Director of Financial Access will plan and direct the overall operation of the Financial Aid area of Student Services. Under executive direction, performs highly varied administrative duties including setup of the financial aid software (PowerFaids) for efficient and regulatory acceptable awarding and disbursing. Responsible for all employees in the financial access area.

The Director is a leader in the Office of Student Services and as such will work closely with colleagues to foster a professional, knowledgeable, and welcoming environment for all BAC constituents. This is a full-time exempt position of 40 hours per week, reporting to Associate Vice President of Enrollment Strategy and Services.

PRIMARY ESSENTIAL FUNCTIONS:

· Responsible for all aspects of counseling, awarding, disbursing, reconciling and reporting of financial aid.

· Navigate and resolve complex financial aid issues while maintaining compliance with all relevant regulations.

· Guide the Financial Aid staff in all federal and state student assistance programs.

· Manage the setup and updating of the Financial Aid software (PowerFaids) on an ongoing basis.

· Manage Title IV and other federal, state and institutional aid funds ensuring compliance with all regulations, policies and procedures.

· Complete reports and surveys as they relate to financial aid (i.e. FISAP, OSFAA and IPEDS)

· Review processes on a regular basis to ensure a focus on access and understanding for students.

· Oversee the awarding of institutional scholarships and grants.

· Counsel students and families regarding financial aid options and application completion as needed.

· Manage the completion of the institution's annual financial aid audit.

· Collaborate across the College to assist in achieving enrollment and retention goals.

· Provide reports when necessary for members of the Enrollment Management team.

· Other duties as assigned.

SUPERVISORY RESPONSIBILITIES: Yes.

Work Schedule requirements:

· This is a hybrid position. At least 1 day a week in person will be required. Days in the office may vary depending on the time of year and needs of the office.

· Must be able to work flexible hours in accordance with the academic season.

SALARY: $75,000 - $95,000

EDUCATIONAL criteria: Bachelor's degree from an accredited institution, and master's degree preferred.

EXPERIENCE REQUIREMENTS:

· A minimum of 5 years' experience in student financial services functions in higher education.

· Management experience required

FUNCTIONAL/TECHNICAL SKILLS:

· Must be detail oriented.

· Must have proficiency in financial aid software systems and data management tools such as PowerFaids, COD and NSLDS.

· Excellent communication and consultative skills, both verbal and written.

· Excellent problem solving and conflict resolution skills.

· Outstanding organizational skills with the ability to effectively prioritize.

· Ability and willingness to support collaborative efforts.

· Strong leadership and team management skills, with experience supervising and developing staff.

· Be committed to the mission of the BAC and carry out the highest quality of service to BAC constituencies.