Finance Officer

1 week ago

Taguig, National Capital Region, Philippines Potami One Water Enterprise Inc. Full time

Job descriptionCompany DescriptionPotami One Water Enterprise Inc. is a growing multinational beverage manufacturing company specializing in sourcing, processing and bottling artesian drinking water with naturally occurring essential minerals and electrolytes. We are committed to delivering premium products to our customers while maintaining sustainable practices. As we expand, we are seeking a dynamic, customer-focused, and detail-oriented Finance Officer to join our team. This position will support our leadership in delivering exceptional service and ensuring smooth and efficient office operations.Job Responsibilities:A Finance & Accounting Officer is responsible for overseeing and managing the financial and accounting operations of an organization. This role ensures that financial transactions are accurately recorded, financial reports are prepared on time, and the company complies with all financial regulations and standards. The position typically involves both financial management and accounting functions.Key Responsibilities:Financial Reporting and Analysis:Prepare and analyze monthly, quarterly, and annual financial reports (Income Statement, Balance Sheet, Cash Flow).Provide financial analysis and recommendations to management based on the company's financial performance.Assist in preparing financial reports for auditors, external stakeholders, and regulatory bodies.Accounting Functions:Manage day-to-day accounting activities, including maintaining the general ledger, accounts payable, accounts receivable, and payroll.Ensure accurate and timely processing of all financial transactions.Perform bank reconciliations and ensure all discrepancies are addressed.Prepare and manage journal entries, adjustments, and accruals as needed.Cash Flow and Budget Management:Monitor cash flow to ensure the company maintains adequate liquidity to meet operational and financial obligations.Prepare and manage annual budgets, working closely with department heads to ensure alignment with business goals.Conduct variance analysis between budgeted and actual financial performance.Taxation and Compliance:Ensure compliance with tax regulations by preparing and submitting tax returns (income tax, VAT, etc.).Stay updated with changes in tax laws and financial regulations to ensure ongoing compliance.Ensure proper documentation and filing for tax audits or other regulatory inspections.Internal Controls and Audit Preparation:Implement and maintain internal controls to safeguard company assets and prevent fraud.Assist with internal and external audits, providing necessary documentation and ensuring financial records are accurate.Work to identify areas for process improvements or cost efficiencies.Payroll Management:Oversee the accurate and timely processing of payroll, including deductions, benefits, and tax withholdings.Ensure compliance with local employment laws and company policies related to payroll.Financial Systems Management:Manage the use and maintenance of financial management software and systems.Ensure the accuracy of financial data entered into systems and help with system upgrades or changes as necessary.Provide training to staff on using financial tools or processes effectively.Stakeholder Reporting and Communication:Communicate financial information to internal and external stakeholders in an understandable format.Collaborate with management teams on key financial decisions and strategies.Provide insights and guidance to management to improve financial performance and decision-making.Qualifications:Bachelor's degree in Accounting, Finance, Business Administration, or a related field.With relevant experience in finance and accounting roles, with a strong background in both financial reporting and general accounting practices.Strong knowledge of accounting principles, financial regulations, and financial reporting standards.Proficiency in Microsoft Excel, accounting and financial management tools.Analytical and problem-solving skills to assess financial data and trends.Attention to detail and accuracy in financial record-keeping and reporting.Strong communication and organizational skills.Knowledge of tax laws and financial regulations as applicable.Ability to work under pressure and meet deadlines.Join us in shaping the future of premium alkaline water while contributing to an innovative and high-energy team

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