Finance Officer
2 weeks ago
Job Description:
JOB DESCRIPTION:
- Ensure that project and company obligations are funded on time
- Analyze and determine when and how to source funds to sustain operations
- Recommend funding requirements of projects based on historical trends and available funds
- Review and summarize funding request and ensure the requirement is within the approved project budget
- Timely monitoring of approved budget against funding requirements
- Recommends weekly payment to suppliers for approval of FMG Head
- Prepares monthly cash flow report including forecasting and variance analysis
- Prepares regularly Funds vs. Usage report for operations analysis
- Collaborate with Project Development Team and Operations Head on project status and profit analysis
- Analyze and determine when to repay loans, remit equity and profit to shareholders
- Monitor bank loans in terms of interest payments, maturity dates, and amount of principal for repayment
- Recommend and implement measures to minimize interest and other financing charges
- Monitor and analyze loan to collateral ratio to determine payment of loan redemption value upon title pullouts
- Perform other tasks as instructed by the FMG Head
JOB QUALIFICATIONS:
- Candidates must possess at least Bachelor's/ College Degree in Finance, Accounting, or equivalent
- Experience in Treasury Operations, Budget Management, Funds Management is required
- Must have at least 3-5 years of working experience preferably in the real estate or construction industry
- Must be knowledgeable with project cost monitoring and analysis
- Organized and keen to details
- Proactive and has strong leadership skills
- Excellent communication and presentation skills
- Proficient in Microsoft Office and/or other Accounting Software
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