Finance Manager
4 days ago
Make your next big career move by applying as KMC Solutions' next FINANCE MANAGER
Working alongside the Finance team, the Finance Manager - Philippines is responsible for ensuring the integrity of the General Ledger and assisting in the preparation of timely and accurate Financial Reports for a number of entities located in the Philippines. The role includes oversight of the end-to-end finance function in the Philippines as well as contribution to the continuous improvement of processes, systems and controls.
On top of your salary, here are the exciting benefits you can look forward to:
- Health Insurance/HMO
- Enjoy unlimited MadMax Coffee
- Diverse learning & growth opportunities
- Accessible Cloud HR platform (Sprout)
- Above standard leaves
The main responsibilities of a FINANCE MANAGER include:
The key responsibilities of the Finance Manager - Philippines are to assist the Group Finance Manager with the management of the group's financial reporting and tax processes by:
- Preparing the management and statutory financial reports for the Philippines entities, ensuring adherence to relevant accounting standards
- Preparation of technical accounting papers as required
- Ensuring compliance with regulatory requirements, internal controls and corporate governance standards
- Preparation of income tax returns and indirect tax returns.
Specific tasks and actions include, but are not limited to:
Financial Control
- General Ledger Maintenance of a number of group entities located in the Philippines to ensure accuracy of reporting
- Ensure alignment with Group internal controls
- Assistance with company insurance renewals
- Assist in maintaining regular (daily/weekly/monthly) cash flow reporting and planning
- Actively identify control deficiencies and opportunities for improvements
- Support and assist with continuous improvements initiatives
- Ad hoc project support across finance as required
- Ensure compliance with all statutory codes, acts, regulations from an accounting perspective.
- Maintaining a strong accounting, statutory and reporting control environment
Tax & Compliance
- Assist with the management of the group's income tax compliance activities in the Philippines, including preparation of income tax returns and review of indirect tax returns and ensure timely filing with regulatory authorities
- Assist with the review of the group's compliance activities in the Philippines and ensure timely filing with state and federal authorities, including but not limited to SSS, PhilHealth Pag-IBIG and BIR filing
- Assist with the accounting for tax provisions, including deferred taxes
- Maintain lodgement registers, proactively monitor compliance, and respond to queries from professional advisers and relevant authorities
Internal and External Reporting
- Month end reporting including managing department P&L's. This will include preparation of general journals and reports
- Preparation and review of monthly Account Reconciliations
- Support the Group Finance Manager with accurate and timely preparation of financial reports and financial statements
- Be a key contributor in the external audit process for any local Philippine audit requirements and as part of the Group's Australian audit, including information gathering and liaising with audit team to resolve issues as they arise
- Assist with technical accounting projects ad hoc
Team Leadership and Development
- Mentor and coach other Finance team members as required to increase engagement and develop their capabilities
Stakeholder Relationship Management
- Build and maintain effective internal relationships with the Finance Control team, FP&A team and the Finance Operations team
- Liaise with auditors, tax advisors, and other external entities and statutory bodies
- Work with key stakeholders to define, agree and prioritise business requirements to deliver the strategic business outcomes via the enablement of core Finance capabilities
Culture and Engagement
- Build a strong client focused and customer focused culture
- Build a strong culture that is founded on our values of willing, ethical, courageous, accountability, respect and exceptional (wecare)
- Operate at all times as the role model for our wecare values and behaviours
To apply, you must be an expert on the following requirements:
Qualifications:
- Accounting Qualified
- Tertiary qualified in related discipline
Experience:
- Minimum 3 to 5 years' experience in financial accounting role with team leadership exposure
- Extensive experience with Accounting Standards
- Experience with Philippine income tax and indirect taxes is highly desirable
- Strong understanding of month-end reporting cycle and end-to-end finance function oversight
- Sound and demonstrable knowledge of accounting controls and principles
- Intermediate/advanced Microsoft Excel skills
- Familiarity with financial software, in particular NetSuite is highly desirable.
Location: Pasig, Manila
Work arrangement: On-site
Shift: Mondays - Fridays, 9:00 AM - 6:00 PM
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