Finance and Accounting Manager

Energy Development Corporation; Philippines; On-site; PHP 1,200,000 - 2,000,000; Full time

Job summary

Energy Development Corporation is looking for a skilled financial leader to drive financial strategies that align with organizational goals. Responsibilities include overseeing budgeting, financial reporting, and risk management to ensure financial stability. The ideal candidate will have strong insights into investment strategies and regulatory compliance, as well as the ability to communicate effectively with stakeholders. Joining Energy Development Corporation means becoming part of an innovative organization that prioritizes strategic financial growth and operational excellence.

Responsibilities

• Develop and implement financial strategies to support organizational goals.
• Prepare and present accurate and timely financial reports to stakeholders.
• Identify and manage financial risks, implementing adequate controls.
• Monitor and manage the organization’s cash flow to ensure liquidity.
• Evaluate investment opportunities and oversee capital raising efforts.
• Lead and manage the finance and accounting teams effectively.
• Collaborate with executive team members to drive overall business strategy.
• Ensure adherence to corporate governance standards and compliance.
• Establish KPIs for financial performance and monitor continuously.
• Communicate financial performance and strategy to stakeholders.

Job description

Duties and Responsibilities

• Financial Planning and Strategy: Develop and implement financial strategies to support organizational goals; oversee budgeting and forecasting processes; ensure alignment of financial planning with long-term business objectives.
• Financial Reporting and Analysis: Prepare and present accurate and timely financial reports to the board of directors and stakeholders; conduct financial analysis to identify trends, variances, and opportunities for improvement; ensure compliance with financial regulations and standards.
• Risk Management: Identify and manage financial risks, including market, credit, and operational risks; implement internal controls to safeguard company assets; develop strategies to mitigate risks and ensure financial stability.
• Cash Flow Management: Monitor and manage the organization’s cash flow to ensure liquidity; oversee accounts receivable and payable processes; optimize working capital management.
• Investment and Financing Decisions: Evaluate investment opportunities and make recommendations; oversee capital raising efforts, including debt and equity financing; manage relationships with investors, banks, and financial institutions.
• Financial Operations Oversight: Lead and manage the finance and accounting teams; ensure efficient and effective financial operations, including accounting, payroll, tax, and treasury functions; implement and maintain financial systems and technology.
• Strategic Leadership: Collaborate with executive team members to drive overall business strategy; provide financial insights and guidance to support decision-making; participate in mergers, acquisitions, and other strategic initiatives.
• Compliance and Governance: Ensure adherence to corporate governance standards and ethical practices; oversee regulatory compliance, including tax laws, securities regulations, and financial reporting requirements; liaise with auditors, regulatory agencies, and other external parties.
• Performance Monitoring and Improvement: Establish key performance indicators (KPIs) for financial performance; monitor financial performance against benchmarks and industry standards; drive continuous improvement in financial processes and systems.
• Stakeholder Communication: Communicate financial performance and strategy to stakeholders, including shareholders, employees, and the public; build and maintain relationships with key stakeholders, including board members and investors.

Company Overview

With headquarters in the Philippines, First Philec is a global, customer‑centric, value‑creation‑driven, energy solutions provider. First Philec is the country’s leader in providing electrical distribution equipment and co‑created solutions in the Philippines, with over 250,000 installations nationwide. A member of the Lopez Group, First Philec is the intermediate holding company of First Philippine Holdings Corporation (FPH) primarily for its manufacturing and technology‑related investments. Through First Philec, FPH intends to grow its investments in manufacturing to provide a more robust backbone to the country’s economy—one that is founded on technological competitiveness and increased ability to add value products and services for the global market. Our culture of learning, innovation, fun and energy drives First Philec into becoming a highly relatable organization. Talent experiences in First Philec go beyond work—and are extended to community, environment and family.