Reporting to the Controller, the AR Revenue Specialist will be responsible for processing account tuition billing and the associated application of receipts across multiple collection platforms. Responsibilities include invoicing, revenue recognition, ensuring accurate and timing billing and application, maintaining documentation, reconciling data and performing collection outreach on delinquent accounts. This team member must be highly detailed, ensuring adherence to WIS’ client commitments, responsibilities and to safeguard revenue, with the ability to adapt to changing priorities and timelines, and collaborate and communicate clearly and effectively across various WIS departments, families, and other third-party stakeholders with courtesy and with a sense of urgency.
Duties and Responsibilities
Major functions and responsibilities:
Billing
Receive and process tuition and fees to align with enrollment agreements, auxiliary program revenue, financial aid, miscellaneous cash receipts and payments received by check, credit card or ACH into student billing platform (FACTS)
Process all payments made by credit card, ACH, checks and wires, and record transactions into the accounting system (Sage Intacct), including donations received by the Advancement Department
Investigate and resolve billing discrepancies from unapplied or misapplied payments and chargebacks
Collaborate with families and team members from Admissions, Advancement, Business Office group, among others to address billing issues, and escalate unresolved issues to appropriate team members
Follow up and collect on delinquent accounts, coordinate with outside collection agencies and prepare appropriate collection communications
Accounts Receivable
Prepare regular reporting of Accounts Receivable outstanding, including payment history, and identify emerging collections issues for appropriate action by the Business Office
Work closely with the Admissions Department to collect enrollment deposits and application fees, update the enrollment database and billing system as needed, and calculate tuition and fees for mid-year applicants.
Allocate cash receipts from multiple sources (student tuition, extended learning, adult education, donors) and adjust accounts for related adjustments, discounts, waivers and refunds, including calculating and applying aid for miscellaneous charges based on tuition percentage
Track payment status and research cash receipt postings to resolve discrepancies
Collaborate with the Extended Learning team on processing payments and coordinate possible billing in FACTS, if necessary
Provide information to Admissions on financial aid related issues
Follow up with families regarding outstanding payment status, as necessary
Assist in responding to client inquiries in a professional and timely manner, keeping in line with WIS’ deep commitment to client relations
Support monthly reconciliation of external systems, portals and sub-ledger systems to the general ledger data
Assist in the preparation of certificates for families (World Bank/IMF/IDB/Embassies) that require receipts for annual tuition and fees
Assist in the preparation of certificates for families that require receipts for dependent care costs
Inform the School Registrar whether transcripts and recommendation letters may be released based on the status of a family’s student billing account
Serve as the back-up for the Accounts Payable duties, when needed
Assist the Controller with audit inquiries, including preparing schedules and back-up support
Continuously evaluate and make recommendations to enhance collections and system efficiency and accuracy
Continue to stay abreast of current collection law and techniques by identifying and seeking approval for appropriate professional development
Perform other duties as assigned.
Energetic, resourceful, detailed-oriented professional with the ability to adapt to shifting priorities and meeting deadlines
Creative problem solver using past experiences and references, always willing to listen actively to learn and apply new information and ideas
Have a passion for collaboration and curiosity, being a self-starter, reliable and accountable
Possess excellent customer service and business written and verbal communication skills
Demonstrate good judgement and confidentiality, always being cordial and maintaining professionalism across all stakeholders
The ability to confidently enforce billing and collections in accordance with contracts and school policies while maintaining a supportive, tactful and confidential relationship with school families
Experience in Excel, including advanced formulas
B.A./B.S. degree in accounting or related discipline (preferred)
Founded in 1966, Washington International School is a private, non-profit, Preschool-12 school profoundly committed to its mission: to be an exemplary learning community—enriched by differences, informed through inquiry, global in reach. Serving its full community of 900 plus students on two campuses, the school is multinational, multicultural, and multilingual.
The school’s challenging international program draws on classroom-based research on pedagogical practices and curriculum design from renowned organizations such as the International Baccalaureate (IB) and Project Zero, based in the Graduate School of Education at Harvard University. From Preschool through Grade 5 students follow the inquiry-based IB Primary Years Program; in Grades 6-10 they continue with a multidisciplinary and inquiry-based approach designed to enhance understanding and develop the skills and knowledge needed to succeed in the prestigious IB Diploma Program (DP). All students in Grades 11 and 12 are enrolled in the DP, which prepares them to take exams to receive the International Baccalaureate Diploma in addition to a WIS diploma. IB Diploma results are well above the worldwide pass rate, and WIS gra...duates attend highly selective colleges and universities in both the United States (about two-thirds in a typical year) and abroad.
Commitment to the intensive study of a second language is a core principle, with Pre-School, Pre-Kindergarten and Kindergarten classes taught entirely in French or Spanish. All instruction in Grades 1-5 is “dual language” in English and either French or Spanish. Chinese is an option beginning in Grade 6. Typically, one half to three-quarters of WIS graduates earn the Bilingual IB Diploma, demonstrating fluency in two languages.
The entire school community – alumni, parents, students, teachers, administrators and staff – are ardent advocates for international education. WIS has played a prominent role in setting a standard for a global perspective that many schools now emulate.
The school culture is highly egalitarian, with a strong emphasis on collaboration and understanding differing points of view. There is no typical WIS family: some households consist only of U.S. passport holders, others are all non-U.S. passport holders and many are a mix of nationalities. In addition to this global diversity, WIS also strives to achieve economic diversity: 14% of the students receive financial assistance.