Assistant Finance Controller

2 weeks ago

Makati City, National Capital Region, Philippines Crimson Group Inc. Full time
Job description

The Assistant Finance Controller is responsible in assisting the Finance Controller Head for the efficient and effective management of the Finance Department, including Financial Reporting, Accounting, Tax and Cash Management.


Duties and Responsibilities:

GENERAL

  • Assist the finance controller manager in managing personnel thru proper workload identification and distribution, coaching, and regular conduct of personnel performance evaluation to ensure efficient and effective performance of department processes.
  • Identifies and provides training necessary for the development of personnel to competently implement the Finance programmes.
  • Assist in overseeing the execution of the financial transactions of the Company to ensure that payments and collections are processed timely, accurately, and properly.

FINANCIAL REPORTING

  • Assisting the finance controller manager in reviewing and analyzing the financial reports, budgets, cost reports, variance analyses and financial forecasts on a regular basis to detect material misstatements, identify business opportunities or improvements, and aid management on financial decisions.
  • Assist in conducting periodic reconciliation of accounts (including but not limited to cash balances, advances, inventory and fixed asset accounts, subsidiary ledgers vs general ledgers) to verify that all items are properly posted to the correct account and recorded in the correct period.
  • Assisting in monitoring of deadlines and ensures timely preparation and submission of financial, tax, audit, and other regulatory forms and reports to comply with requirements and avoid financial losses due to noncompliance or late filing.

ACCOUNTING AND TAX

  • Assist in applying fiscal acumen, accounting expertise and compliance knowledge to comply to applicable Company policies, Philippine Financial Reporting Standards, Philippine Accounting Standards, Bureau of Internal Revenue regulations, Securities and Exchange Commission regulations, and other relevant laws and regulations.
  • Stays updated with current developments and changes in standards, technologies, and regulations to implement necessary changes in the Company.
  • Researches and develops taxefficient strategies and practices to support maximum profitability for the company.
  • Assist in overseeing the reconciliation with thirdparties to ensure that agreed amounts bring maximum profitability for the Company.
  • Assist in overseeing the preparation of all tax and regulatory reports to ensure that information submitted is complete, accurate, and compliant with the latest legal and regulatory requirements applicable to the Company.
  • Assist in overseeing the recording of transactions in the Company's books of accounts to ensure that records are updated timely, accurately, and properly.
  • Assist in overseeing the review of supporting documents to ensure the proper assessment of the validity and appropriateness of transactions.

TREASURY

  • Assist in overseeing the execution of disbursements and collections of the Company in accordance with Company policies, BIR requirements, and local rules and regulations to ensure that payments and collections are processed timely, accurately, and properly.
  • Assist the monitoring of the cash flows, foreign currency exposure, and asset liquidity of the Company to ensure that risks and rewards of cash activities and fiscal actions are properly identified and addressed.
  • Assist in monitoring and reviews cash flow reports and forecasts and perform financial modeling to provide financial insight and aid management in its business decisions.
  • Assist in reviewing revenue and budget forecasts to validate its accuracy, completeness and reasonableness.
  • Assist in overseeing the applications for loans and the monitoring of payments, amortizations, and covenants to provide the Company with necessary resources to support business operations.
  • Assist in overseeing the applications for insurance, the monitoring of payments and amortizations, and the processing of claims to effectively manage insurable risks and maximize the financial benefit to the Company.
Identifies and recommends opportunities to optimize cash flows to improve cash position and liquidity of the Company.

  • Assist in overseeing all petty cash and cash advance transactions to control transactions through cash for necessary business transactions only and prevent unauthorized and abusive utilization.

Qualifications:
Bachelor's degree in Accountancy
Preferably Certified Public Accountant
With 9 to 15 years' experience in related fields of Controllership, Finance, Accounting, and Treasury.
Experience in ERP systems.
With good communication skills.
Willing to start immediately.
Amenable to work in Makati City

Job Type:
Full-time

Pay:
Php85, Php100,000.00 per month

Benefits:
Company Christmas gift
Flexible schedule
Health insurance
Pay raise

Schedule:
8 hour shift
Early shift

Supplemental pay types:
13th month salary
Performance bonus

Education:
Bachelor's (Required)

Experience:
Finance Controller: 5 years (Required)

Accounting: 5 years (Required)

Construction: 3 years (Required)

License/Certification:
CPA (Required)

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