Finance and Accounting Manager

SM Retail Inc.; Philippines; On-site; PHP 1,200,000 - 2,400,000; Full time

Job summary

SM Retail Inc. in the Philippines seeks an experienced finance professional to lead planning, budgeting and forecasting across business units. You will collaborate with BU leaders to align plans with management expectations, finalizing presentation packs with insights.

The role covers performance measurement, cost control, governance, and reporting. You will sign off statutory and group reporting, coordinate with Tax to optimize the tax position, and oversee audits while maintaining risk

Qualifications

• Bachelor's degree in Accountancy or any business-related course (advantage)
• CPA/CFA/CMA/CIMA certifications are advantageous

Responsibilities

• Cascade budget targets to business units and finalize plan packs with insights
• Prepare plans/budgets/forecasts with BU leadership and align with management expectations
• Identify funding requirements for endorsement to RA Cluster Controller and BU heads
• Track performance vs plans; analyze reports and benchmarks
• Drive cost controllership and optimize spend
• Support BU with multi-dimensional analysis for strategic decisions (opening/closing stores, capex, new channels/products)
• Sign-off statutory, regulatory reporting and group reporting
• Work with Tax to optimize revenue/spend tax position
• Communicate and monitor compliance to Finance policies across BUs
• Manage financial risk per company policies
• Oversee internal and external audits

Education

Bachelor's degree in Accountancy or any business-related course

CPA

CFA

CMA

CIMA

Job description

Responsibilities

Planning, Budgeting & Forecasting

• Ensure that budget targets and guidelines are cascaded to the assigned Business Unit/s (BU)
• Work with (BU) leadership teams in the preparation of plans/budgets/forecasts and ensure alignment with management expectations; finalize the presentation packs by providing additional business insights and commentary
• Identify & review funding requirements for endorsement to RA Cluster Controller and BU heads

Business Performance Measurement and Decision Support

• Track business performance vs plans/budgets/forecasts (including working capital management), analyze and draw insights from reports and market related benchmark data
• Drive cost controllership, bringing deep understanding of cost drivers to monitor & optimize spend effectiveness
• Support BU to make timely, strategically aligned and value maximizing decisions through multi-dimensional analysis within relevant financial and operational business scenarios (opening/closing of stores, capex, new channels/products, and others)

Reporting, Governance & Control

• Sign-off statutory, regulatory reporting and group reporting
• Work with Tax teams to ensure tax position for revenue and spend is optimized, and risks minimized.
• Facilitate communication of and monitor compliance to Finance and Accounting policies and procedures across the BU/s
• Ensure adequate management of financial risk in line with company and group policies
• Manage internal and external financial and tax audits

Qualifications

• Bachelor's degree in Accountancy or any business-related course, CPA, CFA, CMA, CIMA an advantage
• With at least 5 years working experience in retail or related field