Reporting to: Finance Manager
Duty Post: Malvar, Batangas
Application Duration: This job posting will remain open until the vacancy is filled.
Finance Specialist-STA (Malvar, Batangas)
This position is an integral part of the factory's product costing and reporting cycle and provides analytical support in (conversion cost) data collection and analysis.
Responsibilities:
- Responsible for Outlooks (OL), Latest Estimates (LE) and Annual Strategic Plan (ASP) for Conversion Cost (except Depreciation). To ensure that correct cost elements are used, understand the budget and challenge the justifications provided and provide feedback to budget owners (HODs).
- Monitor and measure actuals against the OL/LE/ASP targets/budgets for the whole year. Identify areas of potential downside or upside and highlight to management.
- Responsible for month end system closing. Ensure all conversion costs are allocated to business processes and all the steps and procedures are in compliance with JSOX. Maintain proper bookkeeping on reports generated from SAP which will be the evidence for JSOX. Check and rectify immediately if there are any errors during month end closing.
- Responsible for variance analysis of Conversion Cost and Below Product Cost items (i.e. Miscellaneous), input in FM Tools and reporting.
- Collaborate with budget owners to obtain an understanding of the variances and ensure that all variances are explained.
- Ensure CCVA is aligned with SAP postings & upload flat file if correction is needed.
- Perform regular controlling tasks in conversion costs by reviewing cost elements and ensure that costs were taken up correctly. Collaborate with budget owners on the costs incurred against the forecast. Raise journals and cross charges in order to allocate the costs to the respective cost centers and get necessary approvals before submitting to GBS for processing.
- Ensure compliance of JSOX and coordination of annual external audit for Philippine factory. Execute internal controls and follow up with stakeholders on violation and improvement.
- Provide support in inventory count activities.
Requirements:
- Bachelor/University degree in Accounting & Finance. Professional qualifications is a plus (CPA or similar certifications
- Minimum of 3 years experience in product costing in a manufacturing industry. Multinational FMCG/Manufacturing background is an added advantage.
- Good communicator and good command of the English language
- Strong analytical skills, detail oriented and able to work independently with minimum supervision. Able to work under pressure and meet tight deadlines.
- Working knowledge in SAP and MS Office applications. Advance excel knowledge is a plus.
