Finance Manager

Raffles College of Higher Education Sdn Bhd; Kuala Lumpur; On-site; MYR 110,000 - 170,000; Full time

Benefits offered by this job

Group Insurance Coverage

Flexible Working Hours

Medical Outpatient Allowance

Creative Working Environment

Free Parking

Job summary

Raffles College of Higher Education Sdn Bhd in Kuala Lumpur is seeking an experienced Finance Manager to oversee the full spectrum of financial operations for a private higher education institution. You will lead financial reporting, budgeting, statutory compliance, audits, and internal controls to ensure financial sustainability and regulatory compliance.

Collaborating with the President, College Director, HQ, and internal stakeholders, you will drive financial planning, cash flow projections,

Qualifications

• Bachelor’s degree in accounting/finance or related field.
• Experience in financial reporting, budgeting, and statutory compliance.
• Experience handling audits and governance.
• Experience in higher education is preferred.

Responsibilities

• Oversee financial reporting and consolidation.
• Manage budgeting, cash flow forecasting, and variance analysis.
• Ensure statutory compliance and manage audits.
• Maintain strong internal controls and financial governance.
• Coordinate with HQ and department stakeholders.
• Lead and develop the finance team.

Skills

Financial reporting

Budgeting & forecasting

Internal controls

Audit management

Regulatory compliance

Stakeholder management

ERP systems

MS Excel

Team leadership

Education

Bachelor’s Degree in Accounting/Finance

ACCA/CPA/CIMA qualification preferred

Tools

ERP systems

Student management systems

Microsoft Office

Job description

We are seeking an experienced and detail-oriented Finance Manager to oversee and manage the full spectrum of financial operations for our private higher education institution. The successful candidate will be responsible for financial reporting, budgeting, statutory compliance, audit management, and maintaining strong internal controls, while working closely with the President, College Director, HQ, and internal stakeholders to ensure financial sustainability, regulatory compliance, and operational excellence.

Review and ensure accuracy of financial reports prepared by the finance team before timely submission to Head Office (HQ).

Participate with the College Director & Regional Finance Manager in financial planning for long-term viability and growth of the College, including goal setting, performance monitoring, and communication of financial plans to internal stakeholders.

Prepare monthly cash flow projections, budgeting, forecasting, and variance analysis.

Update MREL marketing and budgeting figures in coordination with relevant departments.

Student Finance, Billing & Collections (Higher Education Specific)

Oversee student fee billing, invoicing, collections, refunds, and credit control.

Work closely with SAS, Admissions, Registry, and Academic teams to ensure accuracy of student financial records.

Audit, Governance & Corporate Matters

Oversee and coordinate year-end statutory audits and manage audit queries.

Handle submission of annual returns and corporate matters with the company secretary.

Maintain strong internal control systems, financial governance, and reporting standards.

Procurement, PO, PV & CER Oversight

Review and verify Purchase Orders (POs), Payment Vouchers (PVs), and Capital Expenditure Requests (CERs) prior to submission for College Director and HQ approvals.

Oversee vendor payments, contracts, and procurement workflows.

Payroll & HR Finance Support

Review and verify payroll reports before submission to the College Director and HQ for approval.

Work closely with HR on payroll budgeting, manpower planning, and statutory contributions.

Stakeholder Management

Act as the key point of contact for bankers, external auditors, tax agents, company secretary, and relevant government authorities.

Work closely with Academic, Compliance, Operations, SAS, HR, Marketing, and IT teams to support institutional needs.

Lead, coach, and manage the finance team to ensure performance and accuracy.

Perform other finance-related tasks and responsibilities as required.

Requirements

Bachelor’s Degree in Accounting, Finance, or related field; professional qualification (ACCA, CPA, CIMA) preferred.

Minimum 5 years of experience in a similar financial management role, with experience in a Private Higher Education Institution strongly preferred / required.

Experience handling audits, regulatory inspections, statutory submissions, and education compliance documentation.

Proficient in accounting systems, ERP / student management systems, and Microsoft Office.

Excellent analytical, organisational, communication, and stakeholder management skills.

Able to manage multiple priorities and tight deadlines in a fast-paced academic environment.

• Perks and benefits Group Insurance Coverages (GHS, GTL, GADD) Flexible Working Hours Medical Outpatient Allowance Benefits Creative Working Environment Free Vehicle Parking Provided

Established in 1994, Raffles College of Higher Education (Kuala Lumpur), also known as Raffles Kuala Lumpur, stands as a distinguished institution within the esteemed Raffles Education network. Proudly registered under the Malaysian Ministry of Higher Education, we are a private college dedicated to providing premier education that prioritises a personalised, boutique, and exclusive hands‑on learning experience.

If you are enthusiastic about contributing to the growth and success of our expanding programs and possess the required qualifications and skills, we invite you to apply the vacancy available and be part of RKL Creative Team!