KEY DUTIES, RESPOSIBLITIES AND AUTHORITIES:

Financial Management

·        Oversees the preparation and maintenance of accurate financial records and statements.

·        Ensures that all accounting transactions adhere to local IFRS standards and company policies (GAI at HQ).

Budgeting & Forecasting

·        Provide support in the preparation of annual budgets and financial forecasts, offering insights and conducting variance analysis to ensure accuracy and alignment with organizational financial objectives.

Reporting

·        Analyzes SAP generated monthly, quarterly, and annual financial statements, including income statements, balance sheets, and oversees cash flow movements.

·        Submits BPC reports on the designated timeline for HQ consolidation.

Compliance& Auditing

·        Ensure compliance with tax regulations, financial reporting standards, and internal controls.

·        Coordinates with external auditors, the HQ internal audit and legal team, and local regulatory agencies, including BIR examiners,

to facilitate audits and ensure adherence to regulatory requirements.

Team Leadership

·        Supervise and mentor the accounting team, ensuring professional development and operational efficiency.

Accounts

Payable & Receivable

·        Oversees processing and approval of vendor invoices and payments.

·        Ensures accurate monthly reconciliation of RPT and AR accounts.

Internal

Controls

·        Implements and maintains effective internal controls to prevent discrepancies, fraud, and inefficiencies.

Process

Improvement

·        Identifies and implements best practices to optimize accounting operations and financial reporting.

·        Actively engage with other departments to assess and understand the financial implications of key issues.

Tax

Compliance

·        Oversee the preparation and timely filing of tax returns, ensuring full compliance with local tax laws to avoid penalty payments.

·        Prepares and submits the required annual accounting schedules for HQ group audit reports in a timely manner.

ERP& Financial Systems Management

·        Ensures the efficient use of SAP by assigning a knowledgeable team member to oversee its functionality.

·        Reports any system issues or improvement suggestions to the Head of IT at HQ for resolution.

Others

·        Coordinates with corporate banks regarding local credit facility renewals and other banking-related matters.

·        Perform additional tasks as assigned by superiors.