Senior Director of Financial Aid Oversight and Compliance

Senior Director of Financial Aid Oversight and Compliance

Long Island University , in partnership with the national search firm Scott Healy & Associates , invites applications and nominations for the position of Senior Director of Financial Aid Oversight and Compliance. Under the direction of the VP for Finance & Treasurer, the Senior Director will serve as the primary supervisor in ensuring effective oversight of student finance and financial aid functions (including bursar activities, quality assurance and strategic analysis & reporting) in a professional, efficient and compliant manner.

Responsibilities:

• Oversee University-wide student financial service quality assurance activities with respect to: Federal, State, and institutional aid compliance; HEOA, FERPA, GLBA, and TILA/Regulation Z; PCI DSS; PeopleSoft student financial service applications; external website access; financial services training; lending programs; and internal and external audit and program review management.
• Oversee the centralized bursar and financial aid operations, including student account management; general ledger integration and reconciliation; billing, collections, and cashiering; wire transfer and drawdown management; direct and campus-based loan management; external file management; 1098T processing; and related functions.
• Lead the department in formulating, interpreting, and implementing policy; create, maintain, and implement complete financial aid policies and procedures per institutional, state, and federal student aid regulations; use available channels to identify and understand regulatory changes and evaluate their impact on LIU students, policies, and procedures; ensure bulletins and websites are properly updated and maintained with most up to date compliance requirements.
• Coordinate Federal, State and related program audits, including, but not limited to financial statement audits, single audits, program reviews, and internal audits.
• Ensure the proper and timely submission of all federal, state, and other external reporting requirements related to student financial service activities, including PPA, FISAP and AOR updates and reporting.
• Oversee quality assurance for the Peoplesoft student financials and bursar modules, including testing and implementation of software patches, annual setup of tables and rules, troubleshooting and managerial point of system and consistently look to enhance and utilize best practices within the system.
• Assist with the development and maintenance of strategic analysis and reporting tools to budget and monitor trends and projections in tuition and fee revenue; program pricing and discounting; institutional aid; federal campus-based Title IV and NYS aid programs (i.e., FWS, SEOG, APTS); New York State HESC program management; private loan management, restricted and endowed awards; revolving student loan funds; student accounts receivables; bad debt expense; and student payment options.
• Assist the VP in assessing the effectiveness of the organizational structure on a regular and periodic basis to enhance productivity, maintain morale and continuously improve the student-centered delivery of services. Participate in the design, implementation, and coordination of various resource management projects.
• Assist the VP in identifying trends and market related influences and make recommendations to the COO for improving and adjusting processes as related to identified trends and influences.
• Work closely with campus personnel and other University offices as appropriate, including managing external website user access for all Federal and State financial and financial aid management programs.
• Support the hiring, training, supervision and performance management of staff to meet university, divisional and departmental objectives.
• Perform other related duties incidental to the work described herein.

Qualifications:

• Bachelor's degree required; master's degree and/or five years management experience recommended.
• Comprehensive understanding of federal Title IV regulations.
• Strong accounting, audit, organizational and communication skills.
• Understanding of student financial services.
• Demonstrated ability to manage multi-located staff.
• Working knowledge of MS Windows, MS Office, Oracle databases, and PeopleSoft environments.

About Long Island University:

Long Island University , founded in 1926, continues to redefine higher education, providing high quality academic instruction by world-class faculty. Recognized by Forbes for its emphasis on experiential learning and by the Brookings Institution for its "value added" to student outcomes, LIU offers over 220 degree programs, with a network of over 285,000 alumni that includes industry leaders and entrepreneurs across the globe.

LIU Post is a scenic, historic, and scholarly campus that offers a small-school environment with the access and resources of a major metropolitan university. The University's 330-acre campus is located on the estate of Marjorie Merriweather Post, 27 miles east of New York City on Long Island's Gold Coast. The campus houses the College of Veterinary Medicine, the first professional School of Accountancy, an AACSB-accredited Business School, and an award-winning theater program. LIU is home to the world-renowned Tilles Center for the Performing Arts and the Bethpage Federal Credit Union Stadium, where supporters gather to cheer on the Sharks' Division I athletic program.

From the shores of Long Island to the epicenter of business and tech innovation in Brooklyn, to the far corners of the world, LIU offers a unique college experience for every student seeking academic enrichment and professional opportunity. Upon graduation, our students join a vast community of alumni to become global leaders in fields that include the arts, health sciences, media, education, pharmacy, business, technology, public service, and professional sports.

Long Island University's mission is to provide excellence and access in private higher education to those who seek to expand their knowledge and prepare themselves for meaningful, educated lives and for service to their communities and the world.

About the Community:

Brookville, NY, is a beautiful village located within the Town of Oyster Bay on Long Island. As a suburb of New York City with a population of about 3,500, Brookville is one of the best places to live in New York. Living in Brookville offers residents a more rural feel than living in the heart of the city, and many young professionals have made their home in the village. Located just a short train ride to NYC, and minutes from Long Island beaches, there are endless things to do in the area. There is also a free shuttle service, a local train, and many shopping centers to enjoy.

Application and Nomination Process:

All correspondence relating to the position of Senior Director of Financial Aid Operations and Compliance at Long Island University should be directed in confidence to the University's executive search consultant:

Adam Barrett, Associate Vice President

Scott Healy & Associates

A complete application should include the following:

1. Cover Letter outlining your interest and qualifications for the position;
2. Updated CV;
3. Three (3) professional references with title, institutional affiliation, email address and direct phone numbers. (No references will be contacted without written permission from the candidate.)

Applications received by May 25, 2025 will receive priority consideration. The search will remain open until the position is filled.

LIU is an equal opportunity employer. LIU is committed to extending equal opportunity in employment to all qualified candidates who can contribute to the diversity and excellence of our academic community. LIU encourages applications from all qualified individuals without regard to race, color, religion, genetic information, sexual orientation, gender and/or gender identity or expression, marital or parental status, national origin, ethnicity, citizenship status, veteran or military status, age, disability or any other basis protected by applicable local, state or federal laws. Hiring is contingent on eligibility to work in the United States.