Assistant Accounting Manager (CPA)

SPC Power Corporation; Makati; On-site; PHP 1,200,000 - 2,000,000; Full time

Job summary

SPC Power Corporation is seeking an experienced FP&A professional to join its finance team in Makati. You will lead budgeting, forecasting, and financial analysis to support strategic decisions and optimize performance across business units.

The role requires a Bachelor's degree in Finance or Accounting, MBA preferred, and at least 5 years of experience with supervisory responsibilities. CPA or CFA designation is desirable, and you will collaborate with senior management to ensure accurate

Qualifications

• Minimum 5 years of experience in finance or accounting, with supervisory responsibilities.
• Strong knowledge of financial principles, practices, and regulations.
• CPA or CFA designation is highly desirable.

Responsibilities

• Develop and implement financial strategies, plans, and budgets aligned with company goals.
• Conduct financial analysis and modeling to support planning and decision-making.
• Prepare and present forecasts, variance analyses, and performance reports to senior management.
• Support budgeting with department heads and monitor performance variances.
• Coordinate with external auditors for annual audits and address findings.

Skills

Analytical skills

Communication skills

Problem solving

Attention to detail

Financial software

Microsoft Excel

Team collaboration

Education

Bachelor's degree in Finance/Accounting

MBA preferred

Tools

ERP systems

Financial modelling tools

Job description

Duties and Responsibilities

Financial Planning and Analysis

• Assist in developing and implementing financial strategies, plans, and budgets aligned with the company's goals and objectives.
• Conduct financial analysis and modeling to support business planning and decision-making processes.
• Prepare and present financial forecasts, variance analyses, and performance reports to senior management.

Budgeting and Forecasting

• Support the annual budgeting process, working closely with department heads to develop accurate and realistic budgets.
• Monitor and analyze budget performance, identifying variances and recommending corrective actions.
• Update financial forecasts on a regular basis to reflect changes in business conditions and strategic initiatives.

Financial Reporting

• Ensure the timely and accurate preparation of monthly, quarterly, and annual financial statements in accordance with accounting standards and regulatory requirements.
• Assist in the consolidation of financial reports for different business units and subsidiaries.
• Coordinate with external auditors for the annual audit process and address any audit findings.

Cash Flow Management

• Monitor and manage the company's cash flow to ensure adequate liquidity for operational needs and investment opportunities.
• Develop and implement cash management policies and procedures to optimize cash utilization.
• Prepare cash flow forecasts and manage working capital requirements.

Risk Management and Compliance

• Identify and mitigate financial risks, including currency, interest rate, and credit risks.
• Ensure compliance with financial regulations, accounting standards, and internal controls.
• Assist in developing and maintaining effective internal control systems to safeguard company assets and ensure the accuracy of financial records.

Team Support and Development

• Support the finance team in achieving their goals and provide guidance as needed.
• Assist in setting performance goals and providing regular feedback and evaluations for team members.
• Promote professional growth and development opportunities within the team.

Strategic Support

• Provide financial insights and recommendations to support strategic initiatives and business growth.
• Participate in strategic planning sessions and contribute to the development of long-term business plans.
• Collaborate with other departments to ensure alignment of financial goals with overall business objectives.

Education

Bachelor's degree in Finance, Accounting, Business Administration, or a related field. A Master's degree or MBA is preferred.

Licensure and/or Certification Required

Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) designation is highly desirable.

Experience

• Minimum of 5 years of experience in finance or accounting, with at least 2 years in a supervisory or assistant managerial role.
• Strong knowledge of financial principles, practices, and regulations.

Behavioral Competencies

• Excellent analytical, problem-solving, and decision-making skills.
• Proficiency in financial software and Microsoft Office Suite.
• Exceptional communication and interpersonal skills.

Key Competencies

• Financial Acumen
• Analytical and Critical Thinking
• Attention to Detail
• Leadership and Team Support
• Communication and Presentation Skills
• Risk Management
• Strategic Thinking and Planning