Budget Officer

Company Description National Teachers College (NTC) is a private, non-sectarian institution in Quiapo, Manila, Philippines, offering preschool, basic, and higher education programs. Established in 1928 and authorized to operate as an educational institution in 1929, NTC has a long history of preparing educators and professionals for service in the Philippines and beyond. In 2018, AC Education, Inc., the education arm of Ayala Corporation, acquired a majority stake in NTC, strengthening its resources and academic network. NTC is now part of a larger education group under iPeople, Inc., which serves over 60,000 students across multiple schools and universities. The institution continues to focus on high-quality teacher education and leadership development to support national and global educational needs.

Role Description

1 Financial and Management Reporting

1.1 Ensure timely and accurately deliver reports as requested by management.

2 Monitoring and Control

2.1 Monitor monthly actual performance versus budget; and propose action if needed.

3 Budgeting and Forecasting

3.1 Build, coordinate, and maintain annual budgets and rolling forecasts. Predict future revenues,

expenses, and cash flows

4 Variance Analysis

4.1 Compare actual financial results against budgeted or forecasted targets. Explain the reasons behind

any gaps or variances in management.

5 Financial Modeling

5.1 Create and update complex financial models in tools like Microsoft Excel to simulate different economic

scenarios or business decisions.

6 Strategic Reporting

6.1 Prepare reports, dashboards, and presentations for department heads, the CFO, and executive

leadership.

7 Cost Optimization

7.1 Identify cost-saving opportunities, evaluate return on investment (ROI), and help allocate company

resources efficiently.

8 Cross-Functional Partnering

8.1 Collaborate with operations, sales, and marketing teams to translate operational data and business

needs into financial insights

Qualifications

• Candidates should possess strong skills in Budget Analysis and Analytical Skills to interpret financial data and provide actionable insights.
• Candidates should possess practical experience in the Budget Process and Budget Management to plan, implement, and monitor institutional budgets effectively.
• Candidates should possess foundational knowledge in Finance to understand accounting principles, cost control, and financial reporting.
• Bachelor's degree in Finance, Accounting, Economics, Business Administration, or a related field is preferred.
• Prior experience in budgeting or financial planning within an educational institution or similar organization is an advantage.
• Proficiency in spreadsheet and financial management software, with strong attention to detail and organizational skills.
• Ability to communicate clearly with diverse stakeholders and work collaboratively in a structured, deadline-driven environment.
• Must be a CPA passer