Title: Finance Specialist
The Finance Specialist will play a key role in managing the financial processes behind our common items portfolio. The role focuses on ensuring accurate and timely transfer pricing, monitoring cost movements for common items, and supporting budget preparation and actualization. You will work closely with Global Procurement and Finance teams to validate data, streamline workflows, and drive continuous process improvements. This position requires strong analytical skills, attention to detail, and the ability to partner effectively across functions to support operational and financial accuracy.
Key Responsibilities
Closing and Outlook
- Review General Ledger entries to ensure correct posting, cost center tagging, and overall data accuracy.
- Ensure all required accruals and provisions are complete, timely, and properly documented.
- Actualize and consolidate spend monitoring across Global Procurement groups, highlighting key variances and cost movements.
Budget Preparation
- Use spend monitoring insights from each procurement team to develop the following year's budget.
- Communicate key changes, assumptions, and updates across all procurement groups to ensure alignment.
- Maintain file integrity by ensuring accurate links, formulas, and version control across all budget workbooks.
Collaboration and Communiacation
- Communicate updates, pricing changes, and budget-impact items clearly and promptly across procurement teams.
- Partner with stakeholders to validate assumptions, enhance outlook figures, and refine budget inputs.
- Support cross-functional discussions by providing clear, data-driven insights.
Common items calculation and TP
- Perform accurate and timely common items cost calculations and prepare proposed transfer prices for review by the Product Cost Management (PCM) team.
- Monitor common item cost movements, supplier changes, and key drivers to ensure pricing reflects the latest validated data.
- Ensure transfer price implementation is aligned across all brands and applied consistently in the system.
Process Improvement
- Identify gaps or inefficiencies in current processes and propose structured improvements.
Job Qualifications
- Bachelor's degree in Finance, Accounting
- Analytical mindset with a keen eye for detail and data accuracy
- Excellent communication and interpersonal skills; comfort working in cross-functional teams
- Ability to manage multiple priorities in a fast-paced, dynamic environment
- With 1-2 years experience in budget management or closing
- Recommend enhancements to reporting tools, templates, and workflows to increase accuracy and efficiency
- Willing to be assigned in Ortigas, Pasig (hybrid set-up)
