Executive recruitment company Monroe Consulting Group Philippines is recruiting on behalf of a global leader in the chemical industry. Our respected client is seeking an executive with at least three years’ experience in Cost Accounting, Financial Reporting Internal and External Controls for a reputable international company within the Manufacturing field for the job of Finance Operations Controller. The position will be based in Makati City, Philippines.
The Finance Operations Controller is accountable to assure compliance with IFRS/PFRS, ICS and Group Cost Accounting such as the application of Group Cost Accounting Standards, principles and directives in each plant and quarries. Responsible for improving the flow of information between Regional Asia Pacific controller, local management, local management, local functionalities in line with the concerned country’s operation and other business objectives.
Job Responsibilities
Work with plant/quarry managers to maintain a high level of internal control awareness among staff and ensure a sustainable internal control framework exists
Managing the changing environment in which the company operates and ensure no control breakdown
Monitor and ensure compliance of corporate policies and procedures and take preventive and/or corrective actions when needed
Review and escalate all changes/exceptions of plant operation which may lead to financial or control impact
To conduct a regular audit on all plant functions to ensure processes and records are executed within expectation
Ensure all operational related financial reporting are prepared accurately and in compliance with the appropriate accounting standards and address the information needs of all parties
Work closely with financial reporting team to ensure month-end/year-end closing for the business can be closed on time
Review and sign off the monthly closing for costing, inventory and fixed assets
Review the inventory policy and practices of the company for both raw materials and others inventories to ensure they are aligned with the corporate policies as well as accounting policies
Review the inventory data recording process and work with plant/quarry manager to improve accuracy and tighten the control over potential inventory loss areas
Review the potential risk for inventories stored at plant/quarry site and external warehouse and develop a mitigating action plan
Perform annual standard costs calculation
Conduct analysis of production variances; identify root-cause of variances and work and collaborate with the Operations team
Review GIF/CAR/OEC based and non-based spending policy and practice of the company to ensure they are aligned with the corporate policy as well as an accounting policy
Work with the project team to provide financial input; Calculation of the NPV, IRR (gathering/collecting all relevant CAPEX and OPEX data, review of the plausibility of the data, calculation according to “Group investment manual” and using the latest “template group investment model”)
Conduct Post Investment Review on existing projects
Maintain lapsing schedule and ensure reconciliation vs GIF/CAR Business Partnering
Responsible for training the local operations and other management teams including other finance and non-finance colleagues in terms of cost accounting methodology, plant performance
Handle CIT monitoring
Identify and report areas of potential cost savings with Operations and SCM
Job Requirements
Bachelor’s degree in Accounting or equivalent
Must be a certified public accountant
At least three years of working experience in the related field required for this position
Should have experience in SAP – Finance Module
Must be well versed in Cost Accounting especially in a Manufacturing set up
Exposure to Manufacturing company is an advantage
Able to work both independently and at the same time can collaborate with various stakeholders
Competent, driven, self-motivated, analytical and has a desire for excellence
Has influencing or negotiating skills
Ability to work with multiple priorities
Proficient in using MS Office and with Strong Excel Skills
Excellent command in the English Language
Must be willing to travel (Occasionally will go to Cavite Plant)
Regular working days (Mondays to Fridays)
