Finance Accounting Manager

Role Summary

The Finance Supervisor/Manager leads the day-to-day finance and accounting operations of CHANGAN's Philippine entity, ensuring accurate, timely and compliant financial reporting in accordance with Philippine Financial Reporting Standards (PFRS) and the requirements of the SEC, the BIR and the parent company. The role encompasses tax compliance, treasury and foreign-exchange management, budgeting and business analysis, financial policies and internal controls, and the supervision and development of the local finance team.

Key Responsibilities

1. Accounting & Financial Reporting

• Manage the day-to-day accounting operations of the Philippine entity, including monthly, quarterly and annual closing.
• Handle and review accounting transactions across the general ledger, accounts receivable, accounts payable, imported vehicles and spare parts inventory, fixed assets, and accrued liabilities, including warranty provisions and dealer incentive accruals; ensure accounting records are accurate, compliant and completed on time in accordance with PFRS.
• Support the preparation of financial statements and management reports in accordance with Philippine regulatory requirements (SEC and BIR) and parent company requirements; provide financial data for group consolidation, intercompany reconciliation and related-party disclosures, and support the preparation of documentation for the annual statutory audit.
• Maintain proper accounting documentation and records, including vouchers, ledgers, financial statements, business contracts, tax invoices, customs import duty and tax documents and other relevant financial records, ensuring completeness and traceability.
• Perform monthly intercompany reconciliations with related entities and maintain the intercompany transaction register, ensuring data accuracy and supporting transfer-pricing documentation.

2. Tax Compliance & Tax Operations

• Manage day-to-day Philippine tax compliance, including VAT (12%), Expanded Withholding Tax (EWT), Creditable Withholding Tax (CWT), Corporate Income Tax, Documentary Stamp Tax (DST) and Automotive Excise Tax.
• Perform tax calculations, filings, payments and annual tax compliance activities, and maintain detailed EWT records to ensure compliance.
• Liaise with the Bureau of Internal Revenue (BIR), the Bureau of Customs (BOC) and external CPA/tax advisors; prepare required documentation, support tax inquiries and audits, maintain proper records of import duties and excise tax payments, and monitor changes in Philippine tax regulations to ensure accounting and tax treatments remain up to date.
• Manage employee individual income tax compliance and statutory benefits, including 13th-month pay, Social Security System (SSS), PhilHealth and Pag-IBIG contributions, ensuring correct calculation, filing and payment and compliance with applicable tax-exempt benefit limits.
• Manage the full lifecycle of BIR-registered invoices and receipts and monitor input VAT documentation and credit risks; support the preparation and collection of documentation for applicable tax incentives, including those related to electric vehicles.

3. Treasury & Foreign Exchange Management

• Support the Finance Senior Manager in preparing cash-flow budgets and forecasts by collecting and consolidating relevant data; execute daily payment activities and review supporting documentation to ensure timely payments for vehicle imports, operating expenses, payroll, dealer-related payments and other business expenses.
• Support local banking activities, including day-to-day bank account operations, bank reconciliations and the filing of banking documentation; execute local and foreign-currency payments and receipts as instructed and prepare supporting documentation for foreign-exchange gains and losses.

4. Budget Management & Business Analysis

• Collect budget inputs and supporting data from various business functions and assist with the preparation of the annual budget and quarterly rolling forecasts.
• Provide financial data and analysis to support business decision-making, including analysis of vehicle inventory, dealer incentives, warranty provisions, promotional activities and dealer-policy-related calculations.

5. Financial Policies & Internal Controls

• Ensure compliance with PFRS, SEC and BIR requirements and with the financial policies and approval procedures established by the parent company; implement and monitor processes covering expense reimbursement, procurement and payments, sales collection, dealer transactions, asset management and the financial review of contracts.
• Conduct regular financial risk checks, with a focus on tax, invoicing, treasury and customer-credit risks; prepare documentation for internal and external audits, support internal audits conducted by the parent company and local statutory audits by external CPAs, and follow up on audit findings and corrective actions.

6. Team Management

• Supervise the day-to-day activities of the finance team, including work allocation and guidance to finance staff on accounting and tax operations; review the quality and accuracy of day-to-day financial work and ensure the timely completion of assigned tasks.

7. Other Responsibilities

• Perform other finance-related duties and projects as assigned by management.

Qualifications & Requirements

Education

• Bachelor's degree or above in Finance, Accounting or a related discipline. CPA Philippines, ACCA or China CPA qualification is preferred.

Experience

• Solid, hands-on experience in Philippine accounting practices.
• Experience in automotive import trading, vehicle sales or automotive finance is preferred.

Knowledge & Skills

• Strong knowledge of Philippine accounting and tax regulations, including PFRS, BIR tax filings, EWT, SEC financial reporting and SSS, PhilHealth and Pag-IBIG requirements.
• Familiarity with customs and tax procedures related to vehicle imports is highly preferred.
• Strong attention to detail, numerical accuracy and the ability to manage deadlines; proficiency in MS Office and accounting/ERP systems.

Languages & Communication

• Fluent in both English and Chinese, with the ability to use both as working languages; strong cross-cultural communication and coordination skills.