Finance Manager

_ PAYMENT PROCESSING_

• Ensure adherence to internal controls, company policies, and accounting regulations, implementing changes as necessary to improve compliance and efficiency.
• Manage and resolve accounting issues with internal and external customers; reconcile vendor account statements.
• Assess the efficiency and effectiveness of the current process to streamline workflow through maximization, outsourcing, and technology; develop, implement and communicate process improvements; maintain documentation of all departmental procedures.
• Review the Accounts Payable Voucher and check all expenses are posted in proper GL accounts- Oversee the accurate and timely processing of vendor invoices, expense reports, and payment requests, ensuring proper coding and authorization.
• Maintain positive relationships with vendors, addressing any payment inquiries, discrepancies, or issues in a professional manner.
• Collaborate with other departments, such as procurement and finance, to resolve payment issues and ensure smooth workflow.
• Assist with month-end and year-end closing activities, audits, and reconciliations to ensure accurate financial reporting.
• BILLING AND COLLECTION
• Supervise and manage the billing team, providing guidance and support to ensure the accuracy and efficiency of billing processe.
• Monitor and maintain client accounts, ensuring that all billing records are up to date and accurately reflect the services provided.
• Develop and implement billing strategies and best practices to optimize efficiency and improve the accuracy of billing processes.
• Provide customer support to customers with disputes or inquiries concerning invoices or billing process.
• Coordinates with costumers regarding outstanding accounts receivables balances which may involve executing default process.
• Maintain a motivated and high-performing staff (by having complete/full job knowledge, proper coaching to improve the competence and skills of the staff, effective supervision, continuing self-improvement, and importantly, being a role model to employees, etc.)
• Recommend strategies and procedures, if needed, to further improve collection functions to ensure collection targets are achieved.
• Collaborate with other departments, such as finance and customer service, to ensure that billing processes are aligned with overall business objectives and customer satisfaction goals.
• GENERAL ACCOUNTING
• Observes and strictly implements the policy of Petty cash fund manual.
• Updates expense summary of PCF on a weekly basis and keeps record of historical PCF expenses.
• Review the petty cash advances of employees and ensure that it is liquidated within the agreed timeline.
• Update the cash position report for payment proposal and forecast of disbursement ASSET AND INVENTORY MANAGEMENT.
• Validates all adjustments in SAP related to depreciation and assets are properly recorded.
• Validates that assets recorded in the books are reconciled with physical inventories, make recommendations and adjustments in case of variances.
• Validates that assets recorded in the books are reconciled with physical inventories, make recommendations and adjustments in case of variances.
• Resolves any resulting discrepancy discovered during reconciliation of fixed assets general ledger accounts.
• Review and validates the retirement of assets.
• Review the capitalization of new acquired assets, Review monthly lapsing schedule TAX AND STATUTORY COMPLIANCE.
• Provide necessary reports for tax compliance purposes and statutory reports of FR Team.
• Ensure timely and accurate remittances of VAT, EWT, Compensation, SSS, PHIC, HDMF and other government regulatory requirements. CASH AND TREASURY MANAGEMENT.
• Controls and manages cash disbursement activities to ensure smooth cash flow management- Assists in in preparing forecast related to cash movements.- Prepare and monitor company's various cash flow forecasts and perform financial modeling.
• Develops and strengthen relationship with various bank and payment partners.
• FINANCIAL REPORTING
• Assist in preparing the financial statements monthly, including: income statement, balance sheet, and statement of cash flows.
• Interpret and analyze financial information posted to general ledger accounts.
• Maintain confidentiality of the financial data.
• Oversee daily transactions, including accounts payable/receivable, general ledger and bank reconciliations.
• Track and analyze cash inflows and outflows to help identify current and future cash flow risks.
• INTERNAL AND EXTERNAL AUDIT COMPLIANCE
• Ensure that schedules needed for external reporting are available and submitted on time.
• Prepares the external reports which involves financial information to be distributed to parties outside the organization.
• Monitoring of clearing accounts and preparation of any elimination entries every quarter.
• Provide assistance to external auditors for any requirements or documents needed during audit.
• Prepares periodic submission of monthly, quarterly, and annual BIR compliances in a timely manner.
• BUDGET AND COST ANALYSIS
• Data gathering of budget from different departments.
• Preparation and presentation of financial budget such as P&L, Cashflow and balance sheet.
• Updating the financial portion of balance score card.
• Monitors budget through monthly variance analysis.
• INVESTMENT PLANNING
• Preparation of business case- Model out business scenarios and track performance metrics- Update price list and cost sheet standardization.
• Update price list and cost sheet standardization.

Job Types: Full-time, Permanent

Benefits:

• Additional leave
• Company Christmas gift
• Company events
• Free parking
• Health insurance
• Life insurance
• On-site parking
• Promotion to permanent employee

Work Location: In person