Financial Operations Manager
1 week ago
Financial Operations Manager
Filinvest Group is seeking a highly skilled Financial Operations Manager to join our team. The successful candidate will be responsible for managing the end-to-end financial functions, including monthly closing of accounting books and preparation of financial reports. Key responsibilities include:
Key Functions/Duties and Responsibilities:
1. Budgeting, Forecasting, Financial Analysis
Assist in the annual budgeting process and prepare financial statements forecasts, including P&L, Balance Sheet, and Cash Flow/Cash Position.
Perform financial reviews/analysis on service agreements, pricing, and costing parameters, and other projects and agreements.
Review capital expenditure budgets and ensure that projects achieve the required Return on Investments (ROI) and Payback Period.
Recommends cost-saving measures to lower expenditures, in alignment with the company's goals and programs.
2. Management Reporting
Prepare, analyze, and communicate accurately and in a timely manner the financial reports for management, including financial statements, financial highlights, financial ratios, and Profit and Loss Statements per Department and per Project.
Prepare the monthly operations report covering the results of the company's operation for the month, highlighting key activities and transactions during the period; comparing for the month (FTM) and year to date (YTD) reports against budget and last year, and explaining the variances.
3. Systems and Procedures
Assist in the establishment of new policies and procedures for existing processes that are still without any manuals, or for newly formed businesses and/or activities/processes as a result of business expansion or process improvements/automations.
Assist in set up of internal control on new or proposed business processes and procedure.
Participate in identification of business process flows and takes the lead in recommending internal control mechanism.
4. Administrative
Supervise the day-to-day activities of accounting analysts and ensures that deliverables are met.
Perform other functions that may be assigned from time to time.
Qualifications:
Bachelor's Degree in Accountancy
Must be CPA
At least 3 years of related work experience in general accounting/financial reporting/management reporting/budget reporting in a corporate set-up
Has experience in preparing management reports, financial statements, and budget reports
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