Innovative University College (IUC) is looking for an Assistant Bursar (Executive, Finance) to join our Bursary Office. We are seeking a dedicated, analytical, and results-oriented professional with experience in higher education bursary operations, particularly student fee collection, accounts receivable management, budgeting, accounting, treasury, and financial reporting, to support the University's financial sustainability and operational excellence.
Key Responsibilities
- Manage and oversee student billing, tuition fee collection, outstanding receivables, and debt recovery activities to ensure timely collection and healthy cash flow.
- Assist in managing the University's financial operations, including accounting, budgeting, treasury, financial reporting, and student fee administration.
- Monitor student accounts, payment plans, sponsorships, scholarships, and financial records, ensuring accuracy and timely reconciliation.
- Liaise with students, parents, sponsors, PTPTN, and relevant stakeholders on tuition fee payments, refunds, sponsorships, and other financial matters.
- Prepare and review monthly, quarterly, and annual financial reports in accordance with applicable accounting standards and regulatory requirements.
- Monitor budget utilisation, expenditure, and cash flow to ensure effective financial management.
- Assist in the preparation of annual budgets, financial forecasts, and management reports.
- Ensure timely processing of payments, collections, payroll, and reconciliation of financial transactions.
- Coordinate audit activities and liaise with external auditors, regulatory authorities, banks, and government agencies.
- Ensure compliance with statutory requirements, taxation, financial policies, and internal controls.
- Support the implementation and continuous improvement of financial systems, processes, and governance practices.
- Supervise finance personnel and provide guidance to ensure efficient daily operations.
- Perform other duties as assigned by the Bursar.
Requirements
- Bachelor's Degree in Accounting, Finance, Commerce, or a related discipline. A professional qualification (ACCA, CPA, CIMA, MICPA, or equivalent) will be an added advantage.
- Minimum 2 years of relevant experience in finance, accounting, bursary operations, or treasury, within a higher education institution.
- Proven experience in managing student fee collection, accounts receivable, debt recovery, and collection strategies in a higher education environment.
- Strong understanding of student billing systems, sponsorship management, tuition fee administration, and collection processes.
- Strong knowledge of financial reporting standards, budgeting, taxation, audit processes, internal controls, and financial governance.
- Experience in preparing financial statements and managing statutory compliance.
- Proficient in Microsoft Office applications, particularly Excel, and familiar with accounting or ERP systems.
- Strong analytical, problem-solving, organisational, and leadership skills.
- Able to work independently while managing multiple priorities and deadlines.
- Excellent interpersonal, communication, negotiation, and stakeholder management skills.
Why Join IUC
- Be part of a growing and innovative higher education institution.
- Play a key role in strengthening the University's financial sustainability, governance, and bursary operations.
- Opportunities for professional development and career advancement.
- Collaborative, dynamic, and supportive working environment.
How to Apply
Interested candidates are invited to submit their CV, cover letter, and academic certificates to People and Culture at [Confidential Information].
Only shortlisted candidates will be contacted.
