Senior Finance Manager
5 days ago
Job Summary:
The Senior Finance Manager (Director Level) is responsible for leading and overseeing the company's financial strategy, planning, and operations to ensure profitability, sustainability, and compliance. This role plays a critical part in driving financial performance, optimizing manufacturing costs, managing working capital, and supporting business growth initiatives in a competitive furniture manufacturing environment.
Key Responsibilities:Financial Strategy and Leadership
- Develop and implement the company's financial strategy aligned with business goals and long-term growth plans.
- Provide strategic recommendations to the CEO and senior management team on financial planning, investment, and risk management.
- Lead, mentor, and develop the finance team to ensure operational excellence and high performance.
Financial Planning, Budgeting, and Analysis
- Oversee preparation of annual budgets, forecasts, and financial reports.
- Analyze financial performance and key manufacturing metrics (e.g., production costs, gross margins, and profitability by product line).
- Conduct variance analyses to identify trends, inefficiencies, and opportunities for cost improvement.
Cost Accounting and Manufacturing Finance
- Supervise product costing, standard cost development, and variance analysis.
- Ensure accuracy of the Bill of Materials (BOM), routings, and production cost structures.
- Collaborate with operations and supply chain teams to control inventory levels, reduce waste, and optimize resource utilization.
- Implement cost control measures and efficiency programs across production and procurement.
Treasury and Cash Flow Management
- Manage cash flow, working capital, and liquidity to ensure smooth business operations.
- Oversee banking relationships, credit facilities, and financing arrangements.
- Monitor collections, payables, and inventory turnover to maintain financial health.
Compliance and Governance
- Ensure compliance with tax laws, regulatory requirements, and internal controls.
- Oversee external and internal audits and implement recommendations for continuous improvement.
- Maintain integrity of financial data and ensure timely submission of statutory and management reports.
Business Support and Decision-Making
- Partner with production, sales, and procurement to evaluate business cases, pricing strategies, and capital investments.
- Provide financial insights for new product development, expansion projects, and cost-reduction initiatives.
- Support ERP and financial system enhancements to improve reporting and operational efficiency.
Qualifications:
- Bachelor's degree in Accounting, Finance, or a related field; CPA or CMA preferred.
- Minimum of 10 years of experience in finance, with at least 5 years in a leadership role within manufacturing (preferably furniture or similar industries).
- Strong background in cost accounting, BOM analysis, and manufacturing finance.
- Excellent analytical, strategic thinking, and problem-solving skills.
- Proficient in ERP systems and advanced Excel/financial modeling.
- Exceptional leadership, communication, and stakeholder management skills.
Key Competencies:
- Strategic Financial Management
- Cost Control & Process Optimization
- Business Partnership & Decision Support
- Compliance & Risk Management
- Leadership & People Development
Job Types: Full-time, Permanent
Pay: Php120, Php150,000.00 per month
Benefits:
- Company Christmas gift
- Employee discount
- Health insurance
- On-site parking
- Opportunities for promotion
- Paid training
- Pay raise
- Promotion to permanent employee
Work Location: In person
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