Assistant Finance Manager

1 week ago

san pedro, Philippines Drake International Philippines Full time

Drake’s top client – a drilling company is hiring for an Assistant Finance Manager to be part of their collaborative team in San Pedro, Laguna.

Summary:
The role involves assisting the Finance Manager by providing monthly management reports for the company to identify issues early in project development. It includes active participation in enhancing effectiveness, analyzing, and suggesting improvements to the company's procedures and practices. Additionally, it encompasses managing relationships with government authorities and agencies to ensure compliance with statutory reporting and tax obligations.

Responsibilities:

Accounting Procedures and Practices: Review, develop and recommend appropriate, and communicate approved accounting procedures and practices to staff.
People Management: Manage subordinate staff and coordinate subordinate staff appraisals.
Corporate Finance - assist FM in the following:
• Banking facilities.
• Compliance with BoD requirements.
• Perform corporate admin and paralegal functions.
• Liaise/Coordinate with Company Secretary for the preparation, execution and issuance of legal documents as required.
• Ensure SEC compliance with mandatory reportorial and other requirements.
Tax Management
• Ensure tax compliance in accordance with government tax regulations.
• Supervise preparation and lodgment of all tax returns.
Accounting
• Set reporting deadlines in accordance with COMPANY policy and ensure they are met.
• Review all reports prepared by the Finance staff.
• Ensure intercompany accounts are reconciled monthly.
Internal Control
• Review the COMPANY’S internal controls especially in relation to inventory and fixed assets to ensure adequate safeguards are in place.
• Monitor and report on the periodic internal control review.
• Train and delegate internal control assessments and audit to the member of the Finance/ Accounting team to ensure continuity of internal control review and ensure the Company’s accountants have adequate field knowledge of operations for their appreciation and better understanding of the business.
Budgeting
• Actively involved in budget preparation.
• Analyze financial performance.
• Discuss with relevant department heads monthly or as required and in accordance with reporting schedules significant variances in actual costs versus budgets.
Cash-Flow Management
• Monthly and semi-monthly cash flows.
• Provide analysis and recommendations on movement of funds to/from fixed deposits, whilst maximizing interest income.
• Minimize forex losses by prudent forex management.
• Develop relationships with banks for available facilities efficiently manage bank and other borrowings.
Insurances
• Responsible for coordinating all company insurances and liaison with company risk advisors.
• Ensure and/or facilitate processing of claims from insurance companies.

Qualifications:

• A Certified Public Accountant.
• With 10 years of general accounting and taxation experience.
• With at least 3 years in a leadership role.
• With background in a distribution, industrial, machinery, or mining industries.
• Skilled in MS Office and accounting software.
• With presentation, analytical, and organization skills.
• Willing to work onsite, Mondays to Fridays, in San Padro, Laguna.

What’s in it for you?

• Competitive salary
• Leading provider of drilling services
• Growth opportunities
• Supportive working environment

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