Finance Executive

Raffles College of Higher Education; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading private higher education institution in Kuala Lumpur is seeking a Finance Executive (Accounts Receivable) to manage student-related receivables. Responsibilities include billing, collections, reconciliations, and compliance with internal finance policies. The ideal candidate will have a Bachelor's degree in Finance or related field, with at least 2 years of relevant experience. Proficiency in accounting systems and strong communication skills are required. Join a dynamic environment where you can contribute significantly to our financial operations.

Qualifications

• Minimum 2 years of relevant experience in Accounts Receivable or Finance.
• Experience in education, training, or service-based organisations is an advantage.

Responsibilities

• Prepare and manage student invoices for tuition and various charges.
• Ensure accurate posting of receipts including cash, cheque, and online transfers.
• Monitor outstanding student balances and follow up on overdue accounts.
• Perform monthly reconciliation of student receivables with the general ledger.
• Prepare AR reports, aging schedules, and ensure compliance with policies.

Skills

Accounts Receivable processes

Basic accounting principles

Microsoft Excel proficiency

Communication skills

Attention to detail

Education

Bachelor’s Degree in Finance, Accounting, Business Administration, or related field

Tools

UBS

SQL

AutoCount

Job description

Raffles College of Higher Education – Kuala Lumpur, Kuala Lumpur

Job Summary

We are seeking a Finance Executive (Accounts Receivable) to manage and oversee student‑related receivables within a private higher education environment. The role involves billing, collection, reconciliation, reporting, and close coordination with academic and admissions teams to ensure accurate and timely revenue recognition. The ideal candidate is detail‑oriented, organized, and experienced in handling receivables in an education or service‑based organisation.

Key Responsibilities

Accounts Receivable & Student Billing

• Prepare, issue, and manage student invoices (tuition fees, registration fees, repeat modules, miscellaneous charges).

• Ensure accurate posting of receipts including cash, cheque, online transfers, and payment gateways.

• Monitor outstanding student balances and follow up on overdue accounts professionally and timely.

• Maintain up‑to‑date student accounts and aging reports.

Collection & Reconciliation

• Coordinate with Admissions, Academic, and Student Services teams on billing adjustments, withdrawals, deferments, and fee revisions.

• Perform monthly reconciliation of student receivables against the general ledger.

• Investigate and resolve discrepancies, short payments, and unapplied receipts.

Reporting & Compliance

• Prepare AR reports, aging schedules, and collection status for management review.

• Support month‑end closing activities related to accounts receivable.

• Assist during internal and external audits, providing required documentation and explanations.

• Ensure compliance with internal finance policies and relevant regulatory requirements.

System & Process Support

• Maintain accurate records in the student management system and accounting software.

• Support process improvements for billing, collection, and reporting efficiency.

• Assist with ad‑hoc finance tasks as required by the Finance Manager.

Requirements

Education

• Minimum Bachelor’s Degree in Finance, Accounting, Business Administration, or a related field.

Experience

• Minimum 2 years of relevant experience in Accounts Receivable or Finance.

• Experience in education, training, or service‑based organisations is an advantage.

Skills & Competencies

• Strong understanding of Accounts Receivable processes.

• Good knowledge of basic accounting principles.

• Proficient in Microsoft Excel (VLOOKUP/XLOOKUP, pivot tables, basic formulas).

• Experience with accounting systems (e.g. UBS, SQL, AutoCount, or similar) is an added advantage.

• Good communication skills with the ability to liaise professionally with students and internal stakeholders.

• High attention to detail, organized, and able to meet deadlines.

Preferred Attributes

• Experience handling student fee structures, installment plans, and sponsorships.

• Familiarity with private higher education operations and academic cycles.

• Able to work independently and collaboratively in a fast‑paced environment.