Financial Coordinator العربية

Financial Coordinator

BMC

Posted on : 13-05-2025

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1 Vacancy

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Jobs by Experience

1-3years

Job Location

Jeddah - Saudi Arabia

Monthly Salary

Not Disclosed

Salary Not Disclosed

Vacancy

1 Vacancy

Posted on : 13-05-2025

Job Description

The Financial Coordinator plays a critical role in managing the financial aspects of student admissions and registrations. They are responsible for collecting tuition fees processing payments and ensuring compliance with financial policies and regulations.

Key Responsibilities:

1Collecting tuition fees and other charges from students during the admission and registration process.

2Verifying student financial records and ensuring the accuracy of payment details and transaction information.

3Assisting students and their families with understanding tuition fees payment deadlines and available payment options.

4Processing payments using electronic payment systems cash checks or other forms of payment ensuring accuracy and completeness.

5Recording all financial transactions accurately in the student information system or database and maintaining uptodate records.

6Generating and issuing receipts invoices and payment reminders to students for their tuition fees and other charges.

7Resolving any payment discrepancies or issues promptly and effectively liaising with students parents or guardians as needed.

8Collaborating with other departments such as the admissions office and financial aid office to coordinate payment processes and address student inquiries.

9Monitoring outstanding balances and following up with students who have overdue payments to ensure timely collections.

10Adhering to all relevant policies procedures and regulations related to financial transactions confidentiality and data security.

11Contacting debtors via phone email or mail to negotiate payment plans and collect overdue debts.

12Explaining debt repayment options and providing assistance to debtors in understanding their financial obligations.

13Documenting all communication with debtors and updating the companys database with accurate and uptodate information.

14Following up on missed payments and implementing appropriate collection actions such as sending reminder notices or initiating legal proceedings.

15Resolving disputes or complaints from debtors and addressing any issues that may arise during the collection process.

16Providing regular reports to management on debt collection activities including progress challenges and potential risks.

Requirements

Bachelors degree in finance accounting business administration or a related field is preferred.
Proven experience in a similar role preferably in an educational institution or financial services environment or account receivable.
Excellent communication and interpersonal skills with the ability to interact professionally with students parents and colleagues.
Proficiency in using computer software and databases for processing payments and maintaining financial records.
Attention to detail and accuracy in handling financial transactions and maintaining records.
Ability to work independently and prioritize tasks effectively in a fastpaced environment.
Knowledge of practices related to student financial services and collections.
Customer serviceoriented mindset with a commitment to providing exceptional service to students and their families.

Employment Type

Full Time

Company Industry

Key Skills

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About Company

BMC

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Financial Coordinator

BMC

Job Description

Requirements

Employment Type

Company Industry

Key Skills

About Company

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