Job Title: Senior Manager, Accounting - PHP
Reports to:SVP, Finance & Accounting
Schedule: Core Business Hours
Description:
The Senior Manager of Accounting will be responsible for leading all financial, regulatory, and statutory compliance for the Philippine operations. The role demands deep expertise in IFRS, GAAP (local and international), and regulatory/legal reporting requirements across multiple jurisdictions. This position will act as the accounting authority within the region, responsible for all statutory and management reporting, ensuring end-to-end compliance, legal accuracy, audit readiness, and alignment with corporate governance policies.
Essential Job Functions:
To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skills, and abilities required.
Duties and Responsibilities:
- Ensure full adherence to global and local accounting policies, including local audit statutory reporting, intercompany accounting structures, and financial protocols, to maintain audit readiness and financial integrity for the PH operations.
- Perform timely reviews of balance sheet reconciliations ensuring that accounting schedules are updated maintaining audit readiness for the PH entities
- Ensure monthly intercompany billing invoices are prepared in accordance with the agreed transfer pricing rates, regularly monitor intercompany account balances and perform necessary reconciliations
- Ensure timely settlements of intercompany payable, vendor payables, tax payments, payroll and statutory remittances, and other disbursements that may fall due.
- Monitor cash balances, prepare cash flow forecasts, and notify the Treasury team for local funding requirements.
- Assist the FP&A team and other internal stakeholders in developing and monitoring departmental, project, and organizational budgets; assisting with monthly financial reporting needs, as needed.
- Serve as a primary contact person for interim and year-end audit activities and requirements of local external auditors, and participate in year-end close activities in coordination with the Enterprise Accounting team, as necessary.
- Oversee and support regulatory reporting obligations across multiple PH jurisdictions (including but not limited to SEC filings and BOI reporting compliance), ensuring all filings are accurate, compliant, and submitted in line with local deadlines.
- Ensure timely, accurate, and compliant financial reporting under international frameworks while aligning with both evolving regulatory and corporate governance standards.
- Coordinate closely with FP&A, tax, treasury, legal, and global reporting teams to ensure all internal and external reporting structures meet the organizations strategic, operational, and compliance requirements.
- Continuously monitor and interpret emerging legal, tax, and regulatory developments across the PH that may impact accounting treatments, reporting obligations, or financial disclosures.
- Partner cross-functionally with finance, legal, compliance, and tax teams on entity structuring, in-country pricing, transfer pricing arrangements, intercompany agreements, and external disclosures to ensure financial statements are legally robust and strategically aligned.
- Serve as the primary finance advisor for leadership and finance stakeholders, providing expert guidance on in-country pricing, statutory compliance, reporting issues, and risk mitigation strategies.
- Foster strong, trust-based relationships with auditors, regulators, and internal stakeholders to promote transparency, ensure smooth audit processes, and uphold the credibility of the organization's international financial operations.
- Oversee Senior Finance and Compliance Analyst and direct their day-to-day responsibilities.
- Drive process improvement through standardization, SOP creation and automation.
The above statements describe the general nature and level of work only. They are not an exhaustive list of all required responsibilities, duties, and skills. Other duties may be added, or this description amended at any time. Reasonable accommodation(s) may be made to enable qualified individuals with disabilities to perform the essential functions.
Desired Competencies:
- Accountability – Holding self and others accountable to meet commitments and provide continuous proactive communication
- Business Insight – Applies knowledge of business and the marketplace to advance the organization's goals
- Collaborative – Partners and connects with others to achieve shared goals or objectives, seeking input and inspiring others to value the same, building trust with each collaborative interaction
- Communicates Effectively – Develops and delivers written and verbal communication that conveys clear understanding of different audiences and their levels of comprehension. Active listener to ensure clear understanding
- Fosters Innovation – Embraces an open-minded curiosity when approached with new ideas and supports workforce optimization
- Planning Forethought and Alignment – Plans and prioritizes work to meet commitments aligned with organizational goals
- Strategy Setting – Ability to manage multiple different deadlines effectively and have fluid balance with Sr Analyst to ensure all requirements are met.
Education and Experience:
- At least 6-8 years of relevant experience in financial reporting and compliance required
- Bachelor's or Master's degree in Finance, Accounting, Law or relevant field required
- Qualified accountant (ACA, ACCA, CPA, or equivalent) preferred
- Experience working with BOI and PEZA
- Experience working for a US-based parent company as well as associated transactions that are exported services (not services locally in the PH)
- Additional certifications in regulatory reporting or financial law are advantageous
- Experience managing multi-jurisdictional financial reporting and regulatory filings
- Proven success working with regulatory agencies and legal teams.
- Deep understanding of PH financial, tax, and legal requirements and compliance infrastructure
- Strong communication skills
- Fluency with ERP/reporting systems (e.g., NetSuite) and Excel/Power BI
Location:
Remote
Travel Requirements:
Less than 5% (almost no travel)
Physical Demands: The physical demands described are representative of those that must be met by an employee to successfully perform the essential functions of this position:
Frequent: Sitting, walking, eye/hand/foot coordination and repetitive motion.
Occasional: Standing and bending.
Infrequent: Lifting up to 10 pounds.
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
