Job Summary
Reporting directly to the Financial Control Manager, the country CFO, the General Manager, and the Regional Office Financial Control Department. Your mission will be to manage and oversee accounting, taxation, and banking matters related to the shipping agency, the domestic service entity, and carriers representation. Assist local teams and management in solving financial challenges; lead group project assignments; and present an accurate overview of the financial situation of the various entities to the Management, Regional Office, and/or Head Office.
Duties and Responsibilities
Financial and Operational
- Manage the overall General Ledger (GL) accounting and Tax function of the shipping agency, domestic carrier entity carriers representation, and sub-agents, in collaboration with local finance, regional finance, and the Global Business Service team (GBS).
- Supervise the monthly accounting closing, e.g., ensuring completeness of bank reconciliation, clearance of payables and receivables, and proper accruals/prepayment.
- Monitor and achieve performance measurement and core KPIs.
- Prepare financial statements in accordance with local GAAP, International accounting, and IFRS.
- Perform monthly MGA monitoring and timely fund transfer to principals.
- Monitor monthly financial reporting to management and the regional office/head office.
- Perform variance analysis and analytical review on financial statements. For any identified discrepancies and risks, propose a recommendation and anaction plan.
- Perform weekly and short-term cash flow analysis and forecast.
- Lead and consolidate annual budgetary preparation and reporting.
- Serve as direct interlocutor with the statutory auditors and tax authority, to ensure timely completion of financial reports and finalization of tax matters, respectively.
- Perform overseas cash and treasury functions, including liaison and communication with bankers on changes and requirements for overseas remittance and currency exposure.
- Coordinate and cooperate (Transversal) with the local finance team, the GBS team, and cross departments to resolve ongoing financial issues and topics.
- Oversee leadership and monitoring of the domestic shipping entity's reporting and accounting processes.
Taxation and Compliance
- Serve as the manager in charge of the Tax function of all entities in the areas of tax risk management, advisory, planning, reporting, and compliance on both domestic and national taxes scope.
- Lead and manage BIR's tax audit, review, and clearance in coordination with local tax consultants.
- Support the Tax/GL team and work closely with the regional office on ongoing tax topics.
- Ensure timely and accurate filing of all applicable tax returns for local entities, branches, and carriers representation.
- Behave as a tax advisor in identifying and mitigating risks pertaining to tax exposure and resolving ongoing tax cases.
- Introduce tax saving, efficiency, and planning initiatives.
- Improve the tax reporting process and implement best practices.
- Keep abreast of and ensure compliance with local tax laws.
Planning and Project
- Lead in groupwide SAP direct posting project for agency and carriers representation.
- Support ongoing deregistration exercise for branches and carriers tax ID clearance.
- Introduce best practices; perform benchmarking, revenue improvement, and cost-saving initiatives in line with the Group's strategic direction (Gain/Agility).
- Build a high-performing Finance and Admin team by providing effective mentoring, on-the-job training, and coaching.
- Support Management in ad-hoc projects and assignments.
Risk Management and Internal Control
- Ensure strong internal control is in place.
- Lead internal audit review and external audit engagements.
- Keep abreast of changes in banking regulations, country tax development, and financial rules.
- Construct and monitor a reliable control system and accounting procedure, adhering to Group policy and accounting standards.
- Ensure compliance with tax and regulatory requirements.
- Maintain good relations with external/internal auditor, banker, and tax authorities.
- Ensure proper accounting record keeping and reporting to meet the requirements of internal audit, external auditor, and local authority.
OPEX and Local Revenue Efficiency
- Consolidate monthly reports and perform analytical review; cost, local revenue, financial, and operational reports.
- Challenge stakeholder, implement pragmatic proposal to reduce OPEX, improve the local revenue and D&D. Follow up action plan and improvement.
- Monitor cost-saving/revenue-increase program, budget, forecast, and performance (Agility/Gain).
- Coordinate local benchmark exercises periodically; conduct analysis and propose adjustments.
Job Specifications
Minimum Level of Qualification
- Degree or above in Finance/Accounting/Tax, with an MBA or CPA qualification
- Minimum 10 years of working experience and in a managerial role, with a minimum of 3 years of experience in the shipping or logistics fields.
Professional Skills
- High level of written and oral communication skills. Fluent in English.
- Project management skills.
- Advanced skills in MS Excel and MS PowerPoint.
- Professional experience in audit and consultancy is a plus.
- Experience in Oracle and SAP accounting software is a plus.
Personal Qualities
- Strong business acumen; assertive, self-motivated, and able to work independently
- Strong leadership abilities, sound judgment, decision-making, and problem-solving skills
- Strong attention to detail and analytical skills for decision-making.
- Team player and willingness to coach.
- A proactive, aggressive, and fast learner.
- Results-driven and deadline-oriented.
Location: Paraaque City
Salary range: PHP 80,000-100,000 per month
