Finance Manager
2 weeks ago
The Finance Manager is responsible for managing the financial activities of the company and ensuring the efficiency of the Finance Department.
DUTIES AND RESPONSIBILITIES:
- Ensures the accuracy of financial documents and reports, including recording sales, collections, and timely submission to Group Management within the specified deadline.
- Transmits timely and accurate Debit/Credit Memos, Payables (trade, operational, and capital expenditures), and Request for Payment (RFP) documents.
- Secures and manages the Petty Cash Fund and accountable forms, both used and unused.
- Monitors and analyzes monthly performance against approved forecasts and budgets, promptly reporting significant deviations in sales, purchases, receivables, and loans.
- Manages the month-end and year-end close processes, including financial statement preparation and analysis.
- Prepares and analyzes financial statements, including income statements, balance sheets, and cash flow statements.
- Reviews and enhances the internal control system and procedures to align with business needs and workloads.
- Verifies the authenticity of all trade payables, and operating and capital expenditures, ensuring accuracy and validity.
- Provides financial analysis to support decision-making for management, operations, and other departments.
- Establishes, reviews, and approves customer credit based on credit extension guidelines while maintaining up-to-date customer profiles as per HGC guidelines.
- Meets collection targets and maintains Accounts Receivable (A/R) within approved credit terms and limits.
- Develops and executes plans to collect overdue accounts and promptly address bounced checks.
- Monitors collection efforts and ensures timely submission of accurate collection reports.
- Works closely with the Group Legal Department, representing the Unit Company for accounts under litigation.
- Collaborates with the IT Group to continually improve the existing computerized system.
- Plans and implements efficient new systems as required by operational needs.
- Files Corrective/Preventive Action Reports (CPAR) within specified timelines.
- Submits Quality Objectives reports as required.
- Provides immediate action on concerns and queries, ensuring timely implementation of corrective actions according to CPAR commitments.
- Performs other tasks, duties, special assignments, and projects as assigned.
MINIMUM QUALIFICATIONS:
- Graduate of a Bachelor's degree in Finance, Accounting, or related field
- Preferably with a Master's degree in Business Administration or Certified Public Accountant
- With at least 5 years (or more) work experience as a Finance Manager
- Strong knowledge of financial principles, practices, and regulations.
- Proficiency in financial software and tools and advanced Excel skills.
Job Type: Full-time
Pay: Php60, Php75,000.00 per month
Work Location: In person
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