About the Company
The Assistant Finance Manager is responsible for maintaining the general ledger, and ensuring all transactions recorded in SAP are valid, complete, and accurate. He/ she is also in charge of month-end closing activities, and maintenance of the company's bank accounts.
The responsibilities also include preparation of cash and inventory forecast, review of profitability analysis, and conducting various financial reporting analyses.
Responsibilities
- Review accounts payable vouchers entries, taxes, and supporting documents and ensure accurateness of information before posting by AP Accountant
- Record collection from customers in SAP, preparing the AR Aging report, AR KPI, and monitoring of customer credit limits
- Prepare bank reconciliations of all bank accounts every week and coordinate with US HQ for any reconciling items, and ensure closure thereof
- Review of the quarterly income tax calculations, including preparation and submission in OneStream
- Analyze the Obsolescence and Capitalization Reserves
- Prepare balance sheet account reconciliation for all assigned accounts
- Prepare the monthly financial reports for Meralco
- Manage and monitoring the SAP statutory ledger, including recording of any adjusting entries from the SAP operating ledger
- Upload month-end reporting requirements to the Hubbell reporting system (OneStream)
- Prepare cash flow and inventory forecast for rolling twelve (12) months
- Participate in the preparation of profitability analysis and QDS for Meralco bidding
- Participate in the preparation of forecast and budget
- Participate in statutory, regulatory audits, and IQA/ ISO audits
- Liaise with external auditors and income tax preparers on documentary requirements for smooth external audit and income tax preparation
- Prepare all documentation requirements on the remittance of cash dividend to shareholders, including but not limited to coordinating with Bangko Sental ng Pilipinas and Citibank
- Coordinate with the banks in updating authorized signatories and users
- Ensure compliance with the tax regulations and liaise with the BIR as the need arises
- Lead in the submission of all annual reportorial requirements of the BIR
- Other responsibilities that may be assigned from time to time
Qualifications
- Graduate of Bachelor's Degree in Accountancy, preferably CPA
- Minimum of 7 years accounting experience with supervisory skills, preferably in the manufacturing industry.
Required Skills
- Financial Analysis and Modeling: Proficiency in interpreting complex financial data, budgeting, and forecasting is essential.
- Accounting Software & ERP Systems: Experience with SAP
- Advanced Excel: Strong spreadsheet skills (e.g., pivot tables, VLOOKUPs, macros) are a must for data analysis and reporting.
- Regulatory Knowledge: Familiarity with Philippine Financial Reporting Standards (PFRS), BIR regulations, and SEC reporting requirements.
Preferred Skills
- Analytical and Problem-Solving: The ability to identify trends, analyze variances, and develop solutions.
- Communication: Excellent written and verbal communication skills to liaise with stakeholders and present financial information clearly.
- Attention to Detail: Meticulousness is crucial for ensuring the accuracy of financial records and reports.
- Leadership: The ability to supervise and mentor junior staff and work collaboratively with cross-functional teams.
- Time Management: Strong organizational skills to manage multiple priorities and meet tight deadlines.
