Processing Specialist

Posted 9 Hours Ago
Be an Early Applicant
Lisle, IL, USA
In-Office
17-24 Hourly
Junior
Edtech • Healthtech
The Role
Processes non-TIV student funding, Direct Bill, VA, and accounts receivable transactions. Posts and reconciles payments, resolves discrepancies, maintains accurate student account records, and meets processing deadlines and quality standards. Communicates with internal stakeholders and external agencies through email, phone, Salesforce, and web conferencing. Applies higher education, military, finance, compliance, and account receivable policies while supporting workflow improvements, quality assurance, and student account resolutions.
Summary Generated by Built In
Company Description

About Covista

Covista is America's largest healthcare educator, serving more than 97,000 students and supported by a community of 385,000 alumni across five accredited institutions. Through personalized, tech-enabled education powered by 10,000 faculty and colleagues, Covista expands access to healthcare careers and addresses the U.S. healthcare workforce shortage at scale. Covista is the parent company of American University of the Caribbean School of Medicine, Chamberlain University, Ross University School of Medicine, Ross University School of Veterinary Medicine and Walden University.

Our colleagues come from a wide range of backgrounds, business, academia, healthcare, government and nonprofits, and are part of a culture where doing exceptional work and making a meaningful difference for students and society aren't separate goals—they're one and the same. This means creating an environment where colleagues can develop new skills, build careers that match their ambitions and see the tangible impact of their work on healthcare education and workforce development. Colleagues who deliver results and embrace new tools to work smarter are valued for their contributions. But what makes working at Covista distinctive is our impact. Our faculty and colleagues don't just support healthcare education—they shape it. This isn't abstract purpose work. It's solving real problems for real people in real communities while advancing careers.

We operate on a hybrid schedule with four in-office days per week (Monday–Thursday). This approach enhances creativity, innovation, communication, and relationship-building, fostering a dynamic and collaborative work environment.

For more information, visit covista.com and follow us on LinkedIn, Instagram and YouTube.


 

Job Description

Opportunity at a Glance
This position Team acts as a liaison between internal stakeholders and outside agencies to manage non-TIV funding on a student accounts. Our colleagues embody the Covista values and embrace synergies to create positive student outcomes and prompt account resolutions. This role is responsible for promoting student success through accurate and responsive processing of non-TIV aid and providing support to our internal customers and external agencies. Acts with our Covista values and fosters a culture of CARE consistent with our mission, vision, and purpose.

Responsibilities

  • Supports internal customers and external agencies with responsive and professional communication via email, phone, SalesForce, and web conferencing.
  • Works collaboratively with internal and external stakeholders by asking appropriate questions as needed to resolve student debt/balance concerns.
  • Utilizes appropriate systems to process Direct Bill, VA and/or account receivable with accuracy.
  • High-volume transaction processing
  • Payment posting and application
  • Account reconciliation
  • Reviewing and resolving payment discrepancies
  • Maintaining accurate student account records
  • Following established policies and procedures
  • Meeting processing deadlines and quality standards
  • Demonstrates understanding of compliance and regulations.
  • Contributes ideas to improve workflow efficiency and supports process changes related to student account operations.
  • Demonstrates our Covista values while being open and responsive to constructive feedback from mentor/supervisor through the development process.
  • Successfully completes various trainings to maintain access for vendors, federal agencies, banking and loan systems.
  • Collaborates with various Covista functions, applying a strong knowledge of military, finance, and higher education policies to assist in the resolution of student account concerns.
  • Actively participates in team meetings, special projects, and all other duties as assigned.
  • Performs regular, proactive reconciliation and follow-up to ensure accuracy and timely processing.
  • Maintains service level agreements as determined by leadership
  • Maintains annual quality assurance accuracy rating of 95% and above
  • Communicates effectively with colleagues and leadership
  • Performs other duties as assigned
  • Complies with all policies and standards

Qualifications

  • Bachelor's Degree Preferred
  • Outstanding customer service skills with minimum 1 year of customer service Preferred or
  • related experience Preferred
  • Ability to work in a flexible remote environment
  • High level of interpersonal, communication, time management, and attention-to-detail skills
  • Demonstrated ability to research and resolve discrepancies while following established procedures.
  • Knowledge of higher education, military regulation, and/or accounts receivable experience preferred
  • Ability to work independently as well as function as part of a team
  • PC skills in Microsoft Office, various web-based applications and database software.
  • Excellent math and analytical skills.

     

Additional Information

In support of the pay transparency laws enacted across the country, the expected salary range for this position is between $17.15 and $24.18. Actual pay will be adjusted based on job-related factors permitted by law, such as experience and training; geographic location; licensure and certifications; market factors; departmental budgets; and responsibility. Our Talent Acquisition Team will be happy to answer any questions you may have, and we look forward to learning more about your salary requirements. The position qualifies for the below benefits.

Covista offers a robust suite of benefits including:

  • Health, dental, vision, life and disability insurance
  • 401k Retirement Program + 6% employer match
  • 15 Days of Paid Vacation Days each Calendar Year
  • 12 Paid Holidays + 2 floating holidays

    For more information related to our benefits please visit:
    https://careers.covista.com/benefits


     

 

Equal Opportunity – Minority / Female / Disability / V / Gender Identity / Sexual Orientation

 

Skills Required

  • Bachelor's degree
  • At least 1 year of customer service or related experience
  • Ability to work in a flexible remote environment
  • High-level interpersonal, communication, time management, and attention-to-detail skills
  • Ability to research and resolve discrepancies while following established procedures
  • Knowledge of higher education, military regulations, and/or accounts receivable
  • Ability to work independently and as part of a team
  • PC skills with Microsoft Office, web-based applications, and database software
  • Excellent math and analytical skills

Covista Inc. Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Covista Inc. and has not been reviewed or approved by Covista Inc..

  • Healthcare Strength — Health coverage spans multiple medical options with dental and vision, HSA access, and mental-health resources including Headspace, 24/7 counseling, and virtual physical therapy. Feedback suggests the breadth and wellness supports are a standout aspect of the package.
  • Retirement Support — A 401(k) program with a 6% company match is highlighted as a strong feature that bolsters long-term financial security. Feedback suggests this match is one of the package’s most valued elements.
  • Leave & Time Off Breadth — Flexible time off, 12 paid holidays, and the option to purchase additional PTO expand time-away choices. Paid maternity, paternity, and adoption leave further strengthen overall leave flexibility.

Covista Inc. Insights

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The Company
HQ: Chicago, IL
10,000 Employees
Year Founded: 1973

What We Do

Covista is America's largest healthcare educator, operating five accredited institutions to expand access to healthcare careers and address workforce shortages.

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