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Chief Finance Officer

4 months ago

Calamba, Calabarzon, Philippines Monroe Consulting Group Full time

Executive Search Firm Monroe Consulting Group Philippines is recruiting on behalf of a reputable pharmaceutical manufacturing company. Our respected client is seeking a CFO who will be responsible for the Finance, Treasury and Information Technology (IT) and New Business Development Departments. Directs the establishment of the Company's business plan; determines that the parts of the plan are sound; appraises the adequacy of the plan; and reports any finding to the President and General Manager

Job responsibilities:

DAILY / WEEKLY

    1. Approves check voucher set, importation and bank documents, and other pertinent accounting records, reviews daily cash position report.
    2. Checks and counter-signs letters of Finance managers addressed to third party (clients, suppliers, bank officials, government agencies, etc.
    3. Handle client's communications related to the Company's controllership and IT functions.
    4. Analyzes and approves full cost of materials, toll fees and assay charges as basis of regular proposals; reviews acceptability of client's counter-proposals.
    5. Prepares / Drafts letters addressed to the client's Presidents / General Managers related to the proposed toll fees, assay charges and counter-proposals. These letters are signed by the President and General Manager as the case maybe.
    6. Attends the weekly staff meeting together with the other senior managers and the President and General Manager.
    7. Coordinates with other departments regarding finance and IT related matters.
    8. Attends meetings with clients as necessary to discuss new product pricing and issues.

MONTHLY

  1. Reviews monthly Hyperion Reports; determines accuracy and reliability of information contained in this report; interprets financial data.
  2. Reviews monthly financial reports to be used internally (Hong Kong) and Key Executives of the company) and externally (Board of Directors, Stockholders, Government Agencies, Financial Institutions).
  3. Provides analytical data, evaluates financial conditions and results of operations against standard rations, credit agreements, loan covenants, etc.; consolidated corporate plans in financial terms; evaluates reasonableness of plan/plan against targets and recommends changes, if any; summarizes major aspects of plan and presents to Management for approval.
  4. Reviews IT operational requirements and evaluates status of all IT related projects
  5. Attends executive committee meetings.
  6. Attends meetings with clients together with the President and General Manager to negotiate regular toll fee / assay proposals, new products and clients counter-proposals and clients' counter-proposals; issues and concerns.

AD-HOC

  1. Provides basic financial guidelines for preparing financial plans (annual budget, five-year forecast)
  2. Formulates accounting and IT policies, circulars and memoranda.
  3. Facilitates Finance, IT Dept and NBD meetings and Mancom meetings in the absence of the President and General Manager.
  4. Facilitates brainstorming sessions with Finance, IT and NBD Managers in the continuous effort to identify ways on how to streamline the Company's accounting, IT related systems and New Business Division
  5. Coordinates with external auditors, corporate lawyers, and corporate insurers on financial matters as the need arises.
  6. Represents the Company in business and industrial organizations and in dealings with banks and financial institutions.
  7. Prepares and/or reviews for accuracy and completeness of information contained in annual reports to third parties.
  8. Reviews all releases and announcements dealing with financial data made as part of the investors relations activities.
  9. Represents the Company in dealings with stockholders, especially regarding queries on results of operations of the Company and/or corporate dividends declared.
  10. Responsible for ensuring adequate security and confidentiality of financial records.
  11. Prepares merit appraisals of employees directly supervised.
  12. Handles other assignments that may be assigned by the President and General Manager.

Job requirements:

  • College Education with a degree in Business Administration or Commerce majors in Accounting preferably passed the Government Licensure Examination.
  • Minimum of 5 years relevant work experience as Finance Controller in manufacturing industry preferably in Pharmaceutical, Food, and Cosmetics.
  • Must be computer literate preferably in SAP.
  • Must be able to interpret financial / Management reports.
  • Must be able to work under pressure with minimum supervision.
  • Must have an extensive knowledge of the generally accepted accounting policies and tax regulations and other government and Regulatory body's regulations.
  • Must have excellent verbal and written communication skills.

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