Senior Finance Officer
1 day ago
Senior Finance Officer
Company: WESTCO Electrical and Equipment Corp
Schedule: On Site, Monday to Friday, 8:30 to 5:30
Location: Kalayaan Avenue, Quezon City
About the Role
We are looking for a highly motivated and experienced Senior Finance Officer to play a critical role in managing our daily, weekly, monthly, and quarterly financial reporting and overall financial operations. The ideal candidate will have a strong background in financial management, exceptional analytical skills, and the ability to ensure the accuracy and integrity of our financial data. This position reports directly to the Finance Manager/Director and will be essential in supporting strategic decision-making across the organization.
Key Responsibilities
Financial Reporting and Analysis
- Prepare and present accurate and timely daily, weekly, monthly, and quarterly financial reports including, but not limited to:
- Statement of Financial Position (Balance Sheet)
- Statement of Comprehensive Income (Profit & Loss)
- Cash Flow Statements
- Budget vs. Actual Analysis
- Conduct in-depth financial analysis to identify trends, variances, and opportunities for cost savings and improved profitability.
- Manage the preparation of management reports and executive summaries to support senior leadership.
Financial Management and Operations
- Oversee and manage daily financial activities, including accounts payable, accounts receivable, general ledger, and bank reconciliations.
- Ensure timely and accurate monthly and quarterly close processes according to established deadlines.
- Monitor and manage the company's cash flow and working capital to ensure adequate liquidity.
- Develop, implement, and maintain robust financial policies, internal controls, and procedures to ensure compliance with regulatory standards and best practices.
- Coordinate with external auditors during annual audits, providing necessary documentation and explanations.
Budgeting and Forecasting
- Assist in the development of the annual operating budget and subsequent financial forecasts.
- Monitor departmental expenses and work with department heads to maintain adherence to budget allocations.
Qualifications
- Education: Bachelor's degree in Finance, Accounting, or a related field. A Master's degree or professional certification (CPA, ACCA, CMA) is highly preferred.
- Experience: Minimum of 5 years of progressive experience in a finance or accounting role, with significant experience in financial reporting.
- Technical Skills:
- Expert-level proficiency with Microsoft Excel (e.g., pivot tables, VLOOKUPs, advanced formulas).
- Strong working knowledge of ERP systems and financial software (e.g., SAP, Oracle, QuickBooks).
- Deep understanding of Generally Accepted Accounting Principles (GAAP) or IFRS.
- Soft Skills:
- Excellent analytical and problem-solving skills with a keen attention to detail.
- Strong communication and presentation skills, with the ability to articulate complex financial information clearly to non-financial stakeholders.
- Demonstrated ability to manage multiple deadlines and prioritize tasks in a fast-paced environment.
Job Type: Full-time
Pay: Php45, Php50,000.00 per month
Benefits:
- Additional leave
- Company Christmas gift
- Company events
- Free parking
- Health insurance
- Life insurance
- On-site parking
- Opportunities for promotion
- Paid training
- Promotion to permanent employee
Work Location: In person
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