Senior Manager for Finance
Work setup: On site, Monday to Friday (but during the first 3 months of the applicant, they should be able to work from Monday to Saturday (working on Saturday's is for their learning curve)
Location: Mandaluyong
Job Purpose: Leads, manages, and oversees the Finance Department. Develops and monitors strategic objectives, programs, and projects of these departments to achieve organizational objectives.
Duties and Responsibilities
1. Financial Management. Manages the preparation of the financial plan of the company
– driving the budget, analyzing the profit and loss of the company, managing credits,
and portfolios, directing investments, making financial forecasts, and providing advice
on financial decisions
2. Management. Works with the Accounting Manager in analyzing financial data, and
creating reports for management, stakeholders, and external parties; making sure all
financial compliances and obligations are fulfilled. Works with Treasury to ensure
accounts payable and receivables are efficient. Develops and coaches them accordingly.
3. Budget. Develops user-friendly budget templates to facilitate the review of expense
budgets for each area and provide guidance to the different departments to ensure all
activities are considered while maintaining the soundness of the total company budget.
4. Control. Develops mechanisms, processes, and programs to ensure internal audits are
in place to avoid loss of company resources. Assists in determining the financial impact of project initiatives that need to be included in the budget process that is branch operations, corporate services, supply chains, etc.
5. Coordination. Coordinates with other departments to generate quarterly financial
forecast: updates Company Key Performance Indicators and Profit and Loss, balance sheet, and undertakes consolidation of the financial statements with respect to forecasts. Coordinates with the General Accounting Team to monitor the capital level of the
company and prepares capital request paper for the required infusion.
6. Endorsement. Assists other departments in preparing Commitment Approval Requests
for financial impact and makes recommendations to Partners for Commitment Approval
Requests.
7. Monitoring. Reviews detailed expense reports prepared by the Finance Planning Staff.
Identifies reasons for variance whether positive or negative. Provides guidance to different departments and recommends measures to control/manage expenses and keep within the planned expense budget.
8. Reports. Generates reports for Partners on business/statement of distributable profits
on a yearly basis.Generates required monthly and quarterly dashboards required by Partners (in
coordination with Operations, Strategy, Distribution, Investments, and General
Accounting). Prepares quarterly expense forecasting to ensure year-to-date performance is aligned with the approved targets.
9. Process Improvement. Identifies and implements opportunities for streamlining processes to improve efficiency within the organization.
10. Synthesis. Consolidates business reports on the three departments for Partner's reference, action, and approvals.
Requirements:
Required: Certified Public Accountant
Preferred: Master in Business Administration (MBA)
With a minimum 5-year managerial experience either in Finance
Communication: Good written, verbal, and interpersonal skills, ability to interact with all levels of the organization
Problem-Solving: Ability to make recommendations and decisions independently
Innovation: e.g. "Find new ways to achieve better results within the job." or "Research and develop new products using leading-edge platforms."
Proficient in Word, Excel, PowerPoint, and other tools used in reporting
With an understanding of the overall flow of Finance, HR, and Business Development
Good time management skills – the ability to multitask, prioritize tasks and drive projects to completion
Ability to learn quickly
Coaching skills – being able to mentor/teach staff
People oriented: Encourages safe, open, and honest debate about the team's performance and builds aligned development plans. Rewards successful team performance publicly –celebrates success.
Decision making: Uses decision criteria that take into account relevant strategic and tactical goals. Consider short and longer-term consequences of issues.
Strategy focused: Implements the Functions strategy and can articulate the link between corporate strategy and functional strategy.
Cultural alignment: Promotes cultural standards and procedures. Is active in supporting others and thinks beyond their role and function for the broader business.
Drive results: Set own and team KPIs and strive to exceed them. Supports the team and clears barriers to achieving team KPIs. Uses financial or other data to track progress.
