Key Responsibilities
Responsible for monitoring the team's workload, effectively assigning and distributing tasks according to individual responsibilities, and providing overall management and leadership of the team.
Review and finalize forecasts, assist in the preparation of annual budgets, and provide financial reports and analyses as required by management and stakeholders.
Prepare, analyze, and communicate financial data, insights, and recommendations to management and stakeholders on a timely basis to support informed decision-making.
Monitor and control actual financial performance against budget, ensuring revenue and costs are supported by appropriate documentation and aligned with approved budgets.
Review balance sheet reconciliations and supporting schedules prepared by the Global Shared Services team to ensure accuracy, completeness, and timely resolution of outstanding items.
Prepare and maintain balance sheet review reports and submit them to relevant stakeholders within established timelines.
Review Profit & Loss (P&L) analysis and provide commentary on financial performance, key variances, and business trends.
Oversee and monitor statistical accounts and financial reporting requirements.
Support and contribute to the development of the company's business plans and financial strategies.
Lead and coordinate the completion of audited financial statements for assigned entities, including entities outside the Philippines where applicable.
Manage corporate finance activities and ensure compliance with Group reporting and tax reporting requirements.
Oversee treasury operations, including cash flow management, cash forecasting, banking relationships, and bank mandate administration for local Philippines entities.
Ensure compliance with accounting standards, group accounting policies, statutory requirements, regulatory agencies, and banking requirements.
Manage local statutory reporting and filing requirements, including tax compliance and submissions.
Liaise with external auditors, tax consultants, regulatory bodies, and banking institutions as required.
Ensure policies, procedures, work instructions, and guidelines are reviewed and updated regularly to reflect current business and regulatory requirements.
Develop and implement new policies, guidelines, processes, and controls to enhance operational efficiency and strengthen governance.
Drive continuous improvement initiatives across controllership, reporting, treasury, and compliance processes.
Perform other ad-hoc duties and projects as assigned by immediate superiors to support team objectives and company goals.
Key Performance Indicators
Financial Reporting & Close Process
Monthly financial close completed within agreed timeline (e.g., 100% on-time submission ).
Accuracy of financial reports with minimal post-close adjustments .
Timely submission of management reports, balance sheet reports, and forecast packages to stakeholders.
Percentage of financial reports submitted by deadline ( Target: 100% ).
Balance Sheet Governance
Completion of monthly balance sheet reviews and reconciliations ( 100% completion rate ).
Number of aged/unreconciled balance sheet items outstanding beyond agreed threshold.
Timely resolution of balance sheet exceptions and audit findings.
Reduction in balance sheet reconciling items year-over-year.
Budgeting, Forecasting & Performance Analysis
Forecast accuracy against actual results.
Timely completion of annual budget and periodic forecasts.
Variance analysis reports delivered within agreed timelines.
Actual versus budget variance maintained within acceptable thresholds with supporting documentation.
Ensure 7% ROC (Return-on-Cost) year on year results or what is allowable based on transfer pricing benchmark. (Entity: ECCL-ROHQ)
Treasury & Cash Flow Management
Accuracy of cash flow forecasts.
Adequate liquidity maintained with no operational cash shortages.
Timely processing and maintenance of bank mandates and signatory updates.
Optimization…