Assistant Finance Manager

2 weeks ago

Manila, National Capital Region, Philippines The Financial Times Ltd Full time

About Us

The FT has an uncompromising mission: delivering independent, quality information, news and services to individuals and companies around the globe. It's the cornerstone of our reputation and the heart of our ambitions for the future. But for our people, the FT offers so much more than what we do. FT people come from all kinds of backgrounds and work across a huge range of disciplines and locations, and find an empowering, warm and welcoming culture that values curiosity and rewards smart, ambitious thinking. Those who are willing to unite around our mission and live our values will find plenty to challenge, inspire and interest them. Like the audiences we serve, no two FT people are the same; but together we help our audience be better informed and understand the world around them. It's a job that's never mattered more, and a career that can take you anywhere you want to go.

Our commitment to diversity and inclusion in the workplace

At the FT, we give all employees a voice so that diverse perspectives are heard and valued. We believe that a supportive workplace is one where employees feel they can be themselves at work. We'll continue to remove barriers for all, and in particular barriers facing employees from underrepresented groups

Role:

This role is responsible for assisting the Financial Controller in managing the day-to-day financial and accounting activities of FT's legal entity in the Philippines. Additionally, the person will provide support to the business by ensuring that funds are available to carry out its operations within the approved operating plan, forecasts, and capital expenditure budget. This role will work on a mid-shift schedule from 12:00-8:00 PM Philippines time.

Main Duties and Responsibilities:

  • Assist in preparing the FT Philippines annual operating plan and quarterly forecasts for loading into Hyperion Essbase. Support Manila-based department heads in preparing their budgets, monitoring actual spending, and understanding variances against the department's operating plan and forecast.
  • Help in preparing FT Philippines monthly, quarterly, and year-end reports, including variance analysis and cash flow statements for submission to FT UK. Ensure accurate recording of operational spending in the books.
  • Participate in developing and recommending cost control schemes for Manila operations, implementing effective accounting and internal control procedures to safeguard FT Philippines' company assets. Review capital expenditure reports and monitor them against the budget.
  • Supervise the annual external audit by working closely with auditors to ensure timely completion and submission of FT Philippines statutory accounts under IFRS.
  • Ensure FT Philippines' compliance with all relevant local rules and regulations, including taxation. Submit required business permits and reports to the BIR, SEC, PEZA, BOI, and other applicable government bodies.
  • Oversee all FT Philippines transfer pricing and tax issues and work with FT UK and APAC to ensure that issues are resolved quickly and in accordance with law. Provide regular updates on issues to key stakeholders and management.
  • Support other newly established APAC offices in financial control, reporting, and compliance.
  • Assist in monitoring FT Philippines' operations in relation to global compliance standards (e.g., IFRS, SOX, GDPR, ABC, etc.). Liaise with Legal and other FT stakeholders on security, contracts, pensions, insurance, banking, investments, forex, etc.
  • Update local Finance process maps and work instructions to ensure alignment with FT global policy. Manage internal audit processes and promptly address any findings by internal auditors and external auditors.
  • Provide coaching to team members and ensure that the team is performing at expected level.
  • Oversee payroll activities for staff, management, and expats. Collaborate with HR and the FT global mobility team to ensure accurate payroll and tax processing.
  • Lead and/or participate on committees, special projects and other additional responsibilities in the Asia region that may be assigned.

Required Skills / Experience

  • Bachelor's degree in Accounting or Finance. Must be a Certified Public Accountant (CPA).
  • Relevant experience in finance and accounting role in a multinational company.
  • Experience with financial reporting systems such as Hyperion Essbase, Oracle, or similar ERP software.
  • Proven track record in financial planning, budgeting, forecasting, and audit.
  • Strong proficiency in IFRS, local tax regulations, and statutory requirements in the Philippines, including experience dealing with the BIR, SEC, PEZA, BOI, and other regulatory bodies. Experience in other Asia region is a plus.
  • Familiarity with compliance standards such as SOX, GDPR, and ABC.
  • Excellent analytical and problem-solving skills
  • Strong leadership and interpersonal skills
  • Effective communication skills – both written and verbal
  • Must be amenable to hybrid working

What's in it for you? FT Benefits

Our benefits vary depending on location, but we are committed to providing best in class perks across all our offices as well as an inclusive environment to develop your career. Examples of our benefits include; generous annual leave allowances, flexible working, medical cover, enhanced maternity & paternity packages and subsidised gym memberships.

Further Information

The FT is committed to providing an inclusive working environment for all. We are an equal opportunities employer who seeks to recruit and appoint the best talent regardless of age, gender, ethnicity, disability, sexual orientation, gender identity, socio-economic background, religion and/or belief. We have implemented a hybrid working model and we also promote flexible working and will consider specific requests around flexibility for all roles where it can be accommodated. Please let us know if you require any adjustments as part of the application process or to enable you to attend an interview. If you would like to discuss your requirements, or have any questions, please send an email a member of our team will be happy to help.


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