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Revenue and Recovery Associate

Job in Blacksburg, Montgomery County, Virginia, 24062, USA
Listing for: Virginia Polytechnic Institute and State University (VT)
Full Time position
Listed on 2026-06-04
Job specializations:
  • Finance & Banking
    Accounts Receivable/ Collections, Financial Analyst
Salary/Wage Range or Industry Benchmark: 45000 - 60000 USD Yearly USD 45000.00 60000.00 YEAR
Job Description & How to Apply Below

Job Description

Supports revenue and recovery operations for the Division of Information Technology. This role is responsible for executing billing processes, ensuring timely revenue collection, supporting licensing compliance, and maintaining accurate financial and operational documentation. This role will also assist with customer inquiries, audit requests, and process improvement initiatives related to revenue and recovery functions.

Key Responsibilities
  • Generate, review, and distribute cost recovery invoices; proactively follow up with departments to ensure timely payment and revenue collections.
  • Process departmental orders and service requests, ensuring accurate billing in alignment with established revenue procedures.
  • Partner with the Controller’s Office to ensure efficient processing, reconciliation, and posting of financial transactions.
  • Maintain and continuously improve documentation for revenue and recovery procedures.
  • Review and process work orders within the billing system to ensure accuracy, compliance, and completeness.
  • Reconcile daily cash receipts from the Bursar’s Office and resolve discrepancies.
  • Maintain accurate records to support reporting, forecasting, and audit readiness.
  • Provide support for students in software licensing processes, along with interfacing with the Bursar office for student charges.
Required Qualifications
  • Proficiency in Microsoft Excel and Word with the ability to manage and analyze financial data.
  • Strong attention to detail in processing financial transactions and maintaining documentation.
  • Working knowledge of administrative and financial processes, systems, and office procedures.
  • Effective communication skills with the ability to engage professionally with departments, students, and stakeholders.
Preferred Qualifications
  • Experience with recovery or revenue operations in higher education or public sector environments.
  • Familiarity with e-procurement and financial systems (e.g., Jaggaer or similar platforms).
  • Experience managing enterprise software licensing, distribution, and compliance.
  • Proven ability to make independent decisions, interpret policies, and improve operational processes.
  • Strong analytical skills with the ability to identify trends and improve revenue recovery outcomes.
Pay Band

3

Overtime Status

Non-Exempt:
Eligible for overtime

Appointment Type

Regular

Salary Information

Commensurate with experience

Hours per Week

40

Review Date

4/29/26

Additional Information

Sponsorship is not available for this position.

The successful candidate will be required to have a criminal conviction check.

Equal Opportunity Statement

Virginia Tech does not discriminate against employees, students, or applicants on the basis of age, color, disability, sex (including pregnancy), gender, gender identity, gender expression, genetic information, ethnicity or national origin, political affiliation, race, religion, sexual orientation, or military status, or otherwise discriminate against employees or applicants who inquire about, discuss, or disclose their compensation or the compensation of other employees or applicants, or on any other basis protected by law.

Disability

Accommodations

If you are an individual with a disability and desire an accommodation, please contact IT Human Resources at ithr during regular business hours at least 10 business days prior to the event.

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Position Requirements
10+ Years work experience
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