Bursary Newsletter - Issue 1 - Volume 1 Quzrter Aug-Oct - 2020-21 Final

The Financial Planning Team
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Mrs. Jacqueline Scott-Crossley
Ms. Stascia Gordon
Ms. Leisa Powell
Mr. Lincoln Gordon
Manager (Actg.)
Assist. Manager (Actg.)
Supervisor
Supervisor (Actg.)
T
he Financial Planning Team consists of Mrs. Scott-Crossley,
Ms. Stascia Gordon, Ms. Leisa Powell and Mr. Lincoln Gordon.
The team meets every other Monday at 9am.
The team focuses on creating, implementing and monitoring
strategies to reduce the University’s receivables as well as creating
greater efficiency through automation. Each member is
responsible for a particular portfolio for which special focus and
targets are set and report on performance at each meeting
which is reviewed by the Financial Manager, Mrs. Scott-Crossley.
The assigned areas are:
Ms. Stascia Gordon -Commercial Entities
Ms. Leisa Powell—Scholarships
Mr. Lincoln Gordon—Students
Commercial Entities
This portfolio is based on non-student related entities. It should
be known that the Billings & Receivables Unit is responsible for
handling the accounts of a number of commercial entities on the
campus.
Invoices are sent monthly and the requisite follow-ups done to
ensure timely payments are received.
Scholarship
This portfolio is focused on the Billings and monitoring of all
Scholarships accounts. While the Office of Student Financing is
responsible for providing scholarships to our students, it is the
responsibility of the Billings office to ensure that these accounts
are billed accordingly and payment obligations are honoured.
Students
This portfolio is focused on student direct receivables. The responsibility
here is to ensure that student accounts are monitored
to ensure that students are making payments to settle
their balances. It also involves implementing strategies to address
the issue of non-payment, such as providing Payment Plan
options, enforcing a Delinquency Task team (collections), employing
an external debt collection team and also to address
accounts with financial discrepancies.
The team meets to discuss the issues surrounding each portfolio
and implement strategies to address same. The Manager who
leads these meetings, reports on these matters to the Bursar, in
the newly established monthly collections meetings.
The Financial Management Planning Team wishes to assure the
team that these portfolios are being addressed vigorously and
carefully. The Financial Planning team would also want to
acknowledge and thank the entire SASSYBILL team for their
efforts, as these portfolios are a direct part of All our responsibilities.
Thank You All!
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