VP for Finance

2 days ago

Quezon City, National Capital Region, Philippines TDS Global Solutions Full time
Responsible for:
  • Drive financial operational excellence by implementing best practices, controls, and transparent reporting across the business group
  • Provide recommendations to the management on optimal financial structures and operations to support growth and profitability objectives for each business entity
  • Structure, reconcile, and optimize intercompany loan arrangements, tax balancing to meet legal and business obligations
  • Partner with leadership team on strategic business decisions through accurate financial modelling and data-driven insights
  • Lead and develop a high-performing finance team to keep pace with the dynamic needs of the business group
  • P&L for PHP subsidiaries and profitability of PHP-based clients/campaigns
  • Local tax compliance including VAT, WHT, PAYG and Income Tax
  • Compliance with BIR, PEZA and BOI requirements
  • Local banking requirements and maintaining close relationship with our bankers
  • Coordinate with auditor to complete annual statutory audit with minimal adjustments
  • Manage short-term and long-term cashflow and maximize return from surplus cash
Main Activities and Responsibilities:
  • Manage PHP finance and tax teams for all PHP financial and accounting transactions
  • Review and approve all PHP payroll transactions, ensure all associated employee benefits, statutory payments are paid in compliance with local requirements
  • Ensure all monthly recharge from PHP subsidiaries to overseas entities for outsourced BPO services are completed timely and in line with the Group transfer pricing policy
  • Budget, forecast and cost management for all support and SG&A groups
  • Review all existing internal controls and processes to ensure cost-effectiveness, accuracy and integrity of these transactions
  • Implement best-practice internal processes including but not limiting to intercompany recharge, order to payment, payroll, cash advance to liquidation
  • Oversee the preparation of timely and accurate financial reports, including monthly and annual financial statements, in line with acceptable accounting standards.
  • Ensure compliance with local and international regulatory requirements, including tax filings, audits, and other mandatory submissions
  • Oversee cash flow forecasting, working capital management, and liquidity to ensure operational needs are met. Collaborate with the Group FC to optimize capital allocation and manage banking relationships.
  • Identify and mitigate financial risks, implementing strategies to safeguard the company's assets
Qualifications :
  • Tertiary education in finance, accounting and related fields
  • Certified Practicing Accountant
  • More than 10 years of post-qualifying experience, with at least 5 years in similar role as FC, Head of Finance for large corporations with at least 2,000 employees
  • Exposure to ERP, expense management software as well as financial reporting systems
  • Experience in BPO industry is highly preferred

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