Finance Director
2 weeks ago
FINANCE DIRECTOR
Roots of Health /Ugat ng Kalusugan is a nonprofit organization focused on improving the health of women and their communities, in Puerto Princesa, Palawan, in the Philippines. The organization's primary objective is to empower women and young people to live healthy reproductive lives in Palawan, Philippines. We improve women's reproductive health and decrease the number of unplanned pregnancies and HIV incidence by providing sexuality health education and access to modern contraceptives through our clinical services program. Our activities are guided by the international human rights framework, which includes a core belief that health is a human right, and activities are carried out using a community-based approach.
Position Summary
Reporting to the Deputy Director, the Finance Director provides strategic leadership in financial planning and compliance. This role ensures financial integrity, risk management, and long-term sustainability while aligning financial strategies with organizational goals. Key responsibilities include overseeing financial governance, investment strategies, and budget management, ensuring compliance with donor and regulatory requirements, and strengthening internal controls. The Finance Director also contributes to grant proposal design, assesses financial performance against budgets and long-term plans, and optimizes the use of unrestricted funds.
This is a full-time position with a two-month probation period. Salary is commensurate with experience. Benefits include PhilHealth, SSS, Pagibig, HMO coverage, 10 paid vacation days, 10 paid sick leave days, 5 days paid leave for Holy Week, and 10 days paid leave between Christmas and New Year.
Responsibilities
Strategic Financial Oversight
- Develop and implement financial strategies, policies, and controls to optimize financial performance.
- Lead the Finance team's execution of financial planning, cash flow management, and budget monitoring.
- Assess financial risks and implement mitigation strategies to safeguard the organization's financial health.
- Review and approve financial reports, statements, and analyses prepared by the Finance Manager before submission to management, donors, and regulatory agencies.
- Present financial reports and strategic insights to executive leadership and the Board.
- Ensure sound financial governance and compliance with donor and regulatory requirements.
- Provide strategic oversight on the preparation of grant budgets and delegate operational execution to the Finance Manager.
Compliance & Risk Management
- Provide oversight on compliance with tax, regulatory, legal, and other financial-related requirements, including SEC filings, BIR registrations and forms, permits, and accreditations.
- Set and enforce financial policies, procedures, and internal controls.
- Oversee audits, ensuring timely submission of required reports, and delegate audit coordination to the Finance Manager.
Process Improvement
- Lead efforts to strengthen financial systems through process improvements.
- Provide strategic input to align financial management with organizational priorities.
- Drive innovation in financial reporting, risk management, and operational frameworks.
Team Development & Performance Management
- Conduct annual performance evaluations for Finance team members, ensuring clear expectations and accountability.
- Foster professional growth through targeted coaching, training sessions, and skill-building workshops to enhance team capabilities and performance.
Qualifications and Experience
- Bachelor's Degree in Finance, Accounting, Business Administration or a related field. Advanced degree or licensed CPA is an advantage.
- Minimum of 5 years of progressive experience in finance, with at least 3 years in a leadership role.
- Extensive experience in financial planning, governance, and risk management
- Proven ability to provide strategic oversight while ensuring compliance and efficiency.
- Strong leadership, problem-solving, and decision-making skills.
- Experience working in the nonprofit sector is an advantage.
- Experience in accounting for funds from international funders, including managing grant audits (preferred).
- Experience in overseeing a portfolio of investments (preferred).
Key Competencies
- Strategic financial planning and oversight
- Governance and risk management
- Leadership and team development
- High-level policy and compliance oversight
- In-depth knowledge of financial regulations and accounting principles
- Excellent analytical and critical review skills
- Ability to work under pressure and meet deadlines
Qualified applicants should send a cover letter, resume and contact information of 3 references to as soon as possible.
Type: "Finance Director Position" in the subject line.
Incomplete applications will not be considered.
Due to the volume of applications, only shortlisted applicants will be contacted for interviews.
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