Philippine Business for Social Progress (PBSP) is the largest business-led non-governmental organization (NGO) in the Philippines, established in 1970 to lead the private sector’s efforts in poverty reduction. Founded by 50 business leaders, it encourages companies to fulfill their corporate social responsibility (CSR) by pooling resources and expertise to support sustainable development.
ROLE SUMMARY
Leads and directs the Foundation’s development of financial stability and stewardship programs and strategies.
PRINCIPAL DUTIES AND RESPONSIBILITIES
- Reviews and recommends changes in the finance organization, reporting relationships, competency enhancement needs, policies and procedures, information, records and support systems.
- Recommends changes in financial strategies, adapting to changing trends and best practices; establishing critical performance measures on productivity, quality, and customer-service standards, while resolving internal conflicts.
- Recommends organization prospects for capital fund sourcing and revenue opportunities, asset utilization, cost reduction, and systems enhancement; accumulating capital to fund expansion.
- Oversee people management strategies by determining accountabilities; communicating and enforcing values, policies, and procedures; implementing recruitment, selection, orientation, training, coaching, counseling, disciplinary, and communication programs; planning, monitoring, appraising, identifying competency levels, and reviewing job contributions; planning and reviewing compensation strategies.
- Develops financial strategies by forecasting capital, facilities, and staff requirements; identifying monetary resources; developing action plans.
- Provides directions in monitoring financial performance by measuring and analyzing results; initiating corrective actions; minimizing the impact of variances.
- Maximizes return on invested funds by identifying investment opportunities; maintaining relationships with the investment community, in conjunction with the Executive Director and the Board.
- Reports financial status by developing forecasts; reporting results; analyzing variances; developing improvements.
- Represents the company in coordinating with financial partners, including financial institutions, investors, foundation executives, auditors etc.
- Ensures full transparency over financial performance of the foundation
- Proposes action plans to ensure that annual financial objectives are attained and potential risks are addressed
- Support the management with the preparation of monthly and annual financial plans.
- Other duties that may be required from time to time.
MINIMUM QUALIFICATION
Education: Bachelor's degree in Accountancy, with a Certified Public Accountant (CPA) license. A Master's degree in Business Administration (MBA) or Finance is preferred.
Experience:
- At least 10 years of experience in a senior management role in finance, accounting, treasury, tax compliance and risk management. Adept in securing board consent on financial strategies and directions.
- Basic MS Office skills. Adept in using enterprise resource planning systems, preferably Microsoft Dynamics and related software systems
Other/Special Skills:
- Ability to deal with external auditors, BIR representatives, Board of Trustees and its committees, grant providers and member donors.
- Able to maintain positive relationships with PBSP stakeholders. Inspires subordinates in corporate citizenship. Demonstrates good verbal, written communication and presentation skills.