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Disbursements Manager Jobs (NOW HIRING)

Citadel

Disbursements Coordinator

Charleston, SC

$50K - $60K/yr

Under the supervision of the Disbursements Manager, this position is responsible for administration and oversight of the Chrome River expense management system, including travel authorizations ...

Harris County

Disbursement & Reporting Manager

Houston, TX · On-site

$42.26 - $42.46/hr

The Disbursements Manager is responsible for leading and managing the Disbursements and Reporting Section, ensuring the accurate and timely processing, posting, and reporting of disbursed collections.

Harris County

Disbursement & Reporting Manager

Houston, TX · On-site

$42.26 - $42.46/hr

The Disbursements Manager is responsible for leading and managing the Disbursements and Reporting Section, ensuring the accurate and timely processing, posting, and reporting of disbursed collections.

Garry S. McAnnally, LLC

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$35K - $50K/yr

Key Responsibilities Funding & Disbursements: Coordinate with lenders to obtain timely funding approvals and manage the disbursement of funds for each closing file. Ledger Management: Maintain and ...

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How much do disbursements manager jobs pay per hour?

As of Jul 26, 2026, the average hourly pay for disbursements manager in the United States is $26.35, according to ZipRecruiter salary data. Most workers in this role earn between $17.31 and $32.69 per hour, depending on experience, location, and employer.

What are some common challenges faced by Disbursements Managers, and how can they be addressed?

Disbursements Managers often encounter challenges such as managing high transaction volumes while maintaining accuracy and compliance with financial regulations. They must also ensure timely payments to vendors and employees, which can be complicated by evolving payment technologies and changing organizational priorities. To address these challenges, successful Disbursements Managers implement robust internal controls, stay updated on regulatory changes, and foster strong collaboration with finance, procurement, and IT teams. Regular process reviews and staff training are also essential for maintaining efficiency and minimizing errors.

What are Disbursements Managers?

Disbursements Managers are finance professionals responsible for overseeing the distribution of funds within an organization. They manage accounts payable, ensure payments are made accurately and on time, and maintain compliance with financial policies and regulations. Disbursements Managers also supervise staff, reconcile payment records, and collaborate with other departments to streamline payment processes. Their role is crucial in maintaining the organization's financial integrity and managing cash flow effectively.

What are the key skills and qualifications needed to thrive as a Disbursements Manager, and why are they important?

To thrive as a Disbursements Manager, you need strong financial acumen, attention to detail, and a background in accounting or finance, often supported by a bachelor’s degree and relevant experience. Familiarity with ERP systems like SAP or Oracle, proficiency in Excel, and sometimes certification such as CPA or CMA are typically required. Exceptional organizational skills, integrity, and effective communication set top performers apart in this role. These skills ensure accurate, timely payments, compliance with regulations, and efficient financial operations within an organization.
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Disbursements Manager jobs near you
Disbursements Manager (52474)

Disbursements Manager (52474)

Claflin University

Orangeburg, SC • On-site

$60K - $75K/yr

Full-time

Posted 14 hours ago

Job description

Claflin University, a premier historically Black university and liberal arts institution, seeks a detail-oriented and experienced Disbursements Manager to oversee and manage all aspects of payroll, accounts payable, and student refunds. Reporting directly to the Assistant Vice President/Controller, the Disbursements Manager ensures timely and accurate processing of financial disbursements in compliance with institutional policies, federal and state regulations, and industry best practices. This position plays a key role in maintaining fiscal responsibility, enhancing operational efficiency, and supporting the financial well-being of employees and students.
Essential Duties and Responsibilities
  • Direct and manage all disbursement operations, including Payroll, Accounts Payable, and Student Refunds.
  • Ensure accurate and timely processing of bi-weekly and monthly payrolls, including applicable tax withholdings and benefit deductions.
  • Oversee the processing of vendor invoices, purchase orders, travel reimbursements, and other payables, ensuring proper documentation and authorization.
  • Manage the student refund process, including disbursement of financial aid overages, in accordance with federal regulations (e.g., Title IV) and institutional policies.
  • Maintain compliance with IRS regulations, including timely filing of W-2s, 1099s, and other required reports.
  • Develop, implement, and monitor internal controls and procedures to ensure the integrity and efficiency of disbursement functions.
  • Reconcile related accounts and investigate discrepancies; ensure accurate reporting to the General Ledger.
  • Serve as liaison to Human Resources, Student Financial Services, and other departments to coordinate data and resolve issues related to disbursements.
  • Prepare regular and ad-hoc reports related to payroll, payables, and refund activity for management review.
  • Train, supervise, and evaluate disbursement staff, promoting a culture of accuracy, service, and compliance.
  • Support audits and compliance reviews by providing documentation and responding to inquiries.
  • Recommend and implement improvements in systems, procedures, and policies; ensure optimal use of ERP system (Jenzabar).

Education and Experience
  • Bachelor's degree in Accounting, Finance, Business Administration, or a related field required.
  • Minimum of 3-5 years of progressively responsible experience in payroll and/or accounts payable, preferably in a higher education or nonprofit setting.
  • Supervisory experience strongly preferred.
  • Familiarity with federal payroll tax regulations and student financial aid refund processes is highly desirable.
  • Experience with Jenzabar or similar ERP systems preferred.

Skills and Competencies
  • Strong attention to detail, organizational skills, and ability to manage multiple priorities.
  • Proficiency in Microsoft Excel and financial software.
  • Excellent interpersonal and communication skills.
  • Knowledge of relevant federal and state regulations related to payroll, disbursements, and student refunds.
  • Ability to analyze and improve workflows and internal controls.

Work Environment and Physical Demands
  • Standard office setting.
  • Prolonged periods working on a computer.
  • Occasional extended hours during payroll cycles, fiscal year-end, or audits.

Application Instructions
Interested applicants should submit a cover letter, resume, and contact information for three professional references.
Claflin University is an equal opportunity employer committed to fostering a diverse and inclusive academic community.

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