Associate Director for Finance

1 week ago

Manila, National Capital Region, Philippines INQUIRER Full time
Key Responsibilities
  • Support to Top Management
  • Analyzes and presents financial reports and findings to top management to support decision-making and achievement of financial objectives
  • Assists top management in the execution of business and financial plans and in evaluating investment opportunities or special projects and makes recommendations
  • Advises top management on existing and evolving operating and financial issues
  • Advocates sound financial and business decision-making
  • Finance Operations
  • Financial Analysis and Budgeting/Forecasting
  • Oversees Accounting functions, conducts financial analysis, prepares reports and presents findings to senior management
  • Assist in developing and monitoring budgets and preparing financial forecasts
  • Enables senior management to make sound and timely decisions by providing timely and accurate financial reports and cost and budget analysis
  • Analyzes and prepares reports on financial results to the Board of Directors
  • Compliance, Internal Controls and Audit Support
  • Ensures that the company complies with audit, accounting and regulatory standards and requirements
  • Maintains and improves internal controls to ensure the accuracy and integrity of financial data
  • Coordinates and supports internal and external audit processes
  • Credit and Collection
  • Oversees credit and collection, develops and implements policies, strategies and action plans to ensure the achievement of collection targets.
  • Provides regular update to Management on accounts receivables (AR), collection performance and the rate of collection
  • Explores and develops new collection channels including maximizing the available services of free bank collection agents
  • Cash Management & Disbursements
  • Manages and ensures adequate cash flow to meet operational needs
  • Maximizes the company's funds and resources
  • Analyzes company's finances and comes up with cost efficiency/cost reduction strategies and programs
  • Maintains good business relationship with the banks
  • Ensures the proper documentation of expenses and departmental compliance with approved budget
  • Ensures timely and accurate disbursements and proper recording of accounts payable (AP)
  • Tax Compliance
  • Ensures compliance with local and national government laws
  • Ensures timely payments of all taxes payable
  • Makes recommendations on the latest tax policies and implications on the company's current tax practice.
  • Ensures updates on PFRS, BIR and SEC Rulings, Memorandum and Circulars
  • Systems and Process Improvement
  • Documents, identities and implements improvements in financial policies and procedures
  • Assesses, identifies and recommends the right business software/financial or ERP system for the organization
  • People Management and Collaboration
  • Cascades the company's goals and aligns individual staff performance goals in accordance with the overall corporate goals
  • Trains and supervises staff, reviews, and evaluates their performance
  • Sets the example and inculcates the company's core values, vision and mission among staff
  • Analyzes and identifies manpower requirements and recommends a structure/table of organization to effectively carry out financial functions
  • Collaborates with other departments and colleagues to support decision-making and achieve common goals
  • Performs tasks that may be assigned from time to time.
Minimum Qualifications
Education:
  • Graduate of Accountancy, Must be a CPA, having a Master's degree is a plus factor.
Work Experience
  • Work/business experience of more than five (5) years in a managerial position in different industries
Competencies And Skills
  • Strong analytical, problem solving and communication skills
  • Strong financial acumen, financial accounting, reporting, FS analysis and interpretation
  • In-depth knowledge of accounting principles, financial regulations and compliance
  • Risk management and mitigation
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