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Head of Finance - Philippines

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Job Description - Head of Finance - Philippines


Main objectives:







The CFO will need to work very closely with the Country Head Philippines and act as balance to his business and commercial focus; will need to be a solid business partner, providing analysis and to control the risk exposure of the business. To also develop and maintain internal controls ensuring compliance, accuracy and predictability of results, the analysis of variations and the determination of countermeasures and actions to mitigate exposure for the whole Business Unit.







This position is dotted line reporting to the regional CFO.







Responsibilities:







Leadership



  • Manage, lead and develop the finance & accounting team across the Philippines entities, providing strong leadership and strategic direction.







Accounting function



  • Ensure all entities in Philippines are in total compliance with local and IFRS rules and regulations

  • Ensure all entities processes are compliant with IFRS accounting and ensuring delivery of financial results to a precise monthly timeline.

  • Communicate and ensure compliance with company financial and accounting policies in all entities.

  • Work with IT on ERP implementation as well as introduce accounting software for new businesses when required.







Financial planning



  • Ensure effective commercial / business planning, budgeting and forecasting and management reporting in all Philippines entities.

  • Monitoring financial performance, analyzing and interpreting operating results, investigating variances and evaluating their effect on the business.

  • Pro-actively communicating results with recommendations for action.

  • Continuous review of processes and operations and making recommendations on methods to increase profitability using dynamic resource allocations.

  • Conducting financial analysis and preparing detailed financial reports and statements, lead monthly financial reviews with local and ASEAN HQ management teams.

  • Develop tools for early identification of financial problems and make recommendation for resolution of problems. Design and improve financial systems and models.

  • Responsible for short and long term financial planning, budgeting







Cashflow planning



  • Review and aid the Company & JV entities in their Cash planning and internal controls

  • To ensure that the established cash controls and procedures are being complied with at all times







Costing



  • Provide support to the Company & JV on finance related matters including costing and contracts







Legal



  • Assist in Transfer Pricing requirements and administration of taxes (including tax preparation, filling and compliance with local tax legislation).

  • Ensure all entities are in compliance on statutory/ regulatory requirements/ guidelines including, audits, taxation and internal control.

  • Interface with internal, external and statutory auditors together with Philippines entities Finance Managers.

  • Liaising with other external parties such as company secretary, banks, lawyers, government.







Transversal responsibilities:



  • All employees have a responsibility to contribute to the Group’s sustainability and in doing so ensure that we can continue to fulfil our mission of improving lives by improving sight.

  • All business decisions and actions must serve and be in line with the Group’s sustainability goals and mission.







Key area of responsibilities:



  • Timely and accurate financial reports and statements







Knowledge and experience:



  • Excellent problem solving and analytical skills demonstrating the ability to understand key financial drivers of the business.

  • Good knowledge of Philippines Financial Reporting Standards and tax legislation in Philippines

  • Excellent interpersonal skills, executive presence, with the ability to communicate at all levels (JV partners) and cross culturally.

  • Proficient in Ms Office applications/Think Cell

  • At least 12 years relevant working experience in manufacturing, Retail or MNC environment

  • Strong commercial business experience with the ability to be a partner to the business.

  • Experience in manufacturing/retail industry will be an advantage

  • At least 7 years of experience leading a direct/dotted reporting team; with experience in handling Php 800million size business

  • Bachelor Degree in Accounting / Finance / MBA or equivalent

  • At least 12 years of relevant working experience

  • CPA certified







Pre requisites and Next Career Steps:



  • Maturity in thought with strong ability to persuade and influence. 

  • Strong Energy and drive are critical

  • Work Passionate as well as has positive drive

  • Able to maintain composure in a stressful and demanding work environment

  • Able to lead and inspire teams for accurate and timely work completion







For more information about this role, please contact Eric (Registration No: R1110985) at [email protected]







We regret that only shortlisted candidates will be notified. We thank you for your understanding.







EA License No: 09C4169


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