"Accounts Receivable Assistant Manager"

Job Description

Montgomery College, Central Services, has an immediate need for a Full-time Accounts Receivable Assistant Manager in the Office of Business Services, Accounts Receivable. The work schedule is Monday through Friday 8:30 a.m. to 5:00 p.m. This is a Non-Bargaining, Exempt, Grade 31 position. Montgomery College promotes and creates a working and learning environment rooted in the basic tenets of fairness, belonging, and inclusiveness. This position is currently eligible for telework 2 day(s) a week upon completion of three months in the position. This eligibility is subject to change based on the needs of the unit.

Duties include but are not limited to:

• Supervise, train, and evaluate staff performing AR functions, including billing, refunds, collections, and third-party billing.
• Serve as System Administrator and/or Subject Matter Expert for multiple systems/applications/software used in Accounts Receivable and across the College. Responsibilities include configuration, analysis, implementation, maintenance/updates, upgrade quality assurance testing, optimal performance tuning, timely and accurate bridging of data from the Student Information System, and prompt end-user problem troubleshooting and resolution.
• Provide strategic guidance to users and administrators to make student systems more effective and efficient.
• Collaborate with Account Receivable Manager to assign responsibilities, oversee daily operations, and ensure service continuity during staff absences.
• Oversee tuition and fee billing, payment plans, waivers, adjustments, and late fee assessments, timely calculation and disbursement of student refunds.
• Ensure adherence to applicable laws, regulatory requirements, institutional policies, contractual requirements.
• Ensure financial transparency, data security, and privacy in AR operations.
• Supervise and monitor collection of delinquent accounts and related activities, including repayment arrangements, write-offs, and accounts sent to external collection agencies.
• Oversee set-up, billing, and reconciliation of third party and sponsor accounts.
• Manage the reconciliation of AR subsidiary ledgers to the general ledger, including reviewing journal entries, adjustments, write-offs, and accruals to ensure accuracy.
• Develop and update AR procedures; prepare responses to audits.
• Participate in month-end and year-end close AR activities.
• Ensure financial transparency, data security, and privacy in AR operations.
• Provide leadership in delivering responsive and professional AR-related support to students, families, and sponsors.
• Perform other duties as assigned.

Required Qualifications:

• Bachelor's degree in Accounting, Finance, Business Administration, or related field or the equivalent combination of education, training, certification and/or experience that provides the required knowledge and expertise to perform the essential functions of the job may be considered.
• Three years of progressively responsible experience in accounts receivable, student accounts, or higher education finance.
• Two years of experience in a supervisory role.
• Eligible applicants must currently be authorized to work in the United States and not require employer visa sponsorship.

Preferred Qualifications:

• Extensive experience with and/or in-depth knowledge of Banner and/or Banner SaaS AR functions.
• Experience managing/completing the 1098-T tax form process.

Hiring Range: $79,746 to $103,658/annual. Initial salary placement for new hires falls between the minimum and midpoint of the range and is based on relevant candidate experience and internal equity. The maximum salary for this position is $127,571/annual.

Application Process:

• Click Here to apply online
• Online applications must be received by January 26, 2026
• For consideration, you must: (optional)
  • Include dates of employment in your application or attachment;
  • Submit a cover letter along with an un-official copy of your transcripts from your highest degree earned.

For degrees earned outside of the U.S., a copy of your education equivalency, conducted by a nationally recognized evaluation service, must be included in your application.

As a condition of employment, the following are required at the time of hire:

• Successful completion of a background check and degree verification (if applicable).
• Participation in a Maryland State Retirement System plan (Pension or Optional Retirement Plan, depending on the position). If you are already retired from the Maryland State Retirement System, you may not enroll in a Maryland State Retirement System plan at Montgomery College and may have earnings restrictions, per state law.

Our benefits package includes: generous paid vacation, sick, paid holidays, medical, dental, vision, group legal benefits, professional development, retirement plan, educational assistance, tuition waiver for employee and dependents, wellness programming including onsite gyms, pools and classes.

If a reasonable accommodation is needed to participate in the job application or interview process, please contact Human Resources and Strategic Talent Management at 240-567-5353 or HRSTM@montgomerycollege.edu. We require at least two weeks advance notice to enable us to provide the requested accommodation.

Montgomery College is an equal opportunity employer committed to promoting and fostering diversity among its student body, faculty, and staff.

Montgomery College is a tobacco-free and smoke-free workplace.

Closing Date Monday, January 26, 2026