Head of Finance

21 hours ago

Paranaque City, Calabarzon, Philippines People and Brand Strategic Management Services Full time ₱1,200,000 - ₱2,400,000 per year

Company Description

One of our clients, a well-established luxury furniture brand, is looking for a
HEAD OF FINANCE (Senior Manager/Director Level)
. This is a great opportunity to be part of a brand that has made a mark in the furniture industry.

Job Overview:

The
HEAD OF FINANCE
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 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.
  • Willing to work full-onsite in Paranaque City

Key Competencies:

  • Strategic Financial Management
  • Cost Control & Process Optimization
  • Business Partnership & Decision Support
  • Compliance & Risk Management
  • Leadership & People Development

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