Finance and Accounting Manager

WERT PHILIPPINES, INC.; San Juan; On-site; PHP 2,500,000 - 4,500,000; Full time

Job summary

WERT PHILIPPINES, INC. in Manila seeks a seasoned Finance Leader to head the Finance Team, overseeing Treasury and Accounting, driving budgeting, forecasting, and reporting to support strategic decisions.

The role requires 5+ years of management experience in retail/trading/manufacturing, strong MS Office skills, and SAP knowledge is a plus; you will engage with auditors and government agencies as needed.

Qualifications

• Bachelor of Science in Accountancy or related field; Master’s preferred.
• Minimum of 5 years management experience in related field, preferably from retail/trading/manufacturing.
• Proficient in MS Office applications; SAP knowledge is an advantage.

Responsibilities

• Lead the Finance Team, overseeing Treasury and Accounting functions.
• Coach, mentor, and train team members, including developing their technical skills.
• Address personnel concerns within the team, such as conflicts, attendance and punctuality, and performance issues, with guidance and corrective action.
• As a member of the Management Committee, provide strategic direction to help the company achieve its goals.
• Support other departments with their finance-related needs.
• Forecast cash flow, borrowing needs, and funds available for investment, ensuring liquidity for operations and capital investments.
• Prepare daily and weekly bank balance reports, and monthly cash flow projections.
• Establish and maintain banking relationships to support investment and borrowing needs.
• Secure funding for operations and investments, balancing debt and equity.
• Invest funds in projects and securities with strong returns.
• Manage USD foreign currency purchases for import payments.
• Monitor accounts receivable to ensure collections stay within standards.
• Lead budgeting and forecasting activities.
• Analyze and interpret financial performance and present results with recommendations to management.
• Prepare additional analyses and reports as requested by management.
• Serve as primary contact for external auditors; interact with government agencies (BIR, SEC).
• Review and verify Payments, POs, Pre-Approval Forms, vouchers, expense reports, including cash, credit card, and fleet expenses; sales incentives; duties and taxes on imports.

Skills

Leadership

Budgeting

Forecasting

Financial analysis

Education

Bachelor of Science in Accountancy

Management/Financial Accounting degree

Master’s degree preferred

Tools

Excel

Word

PowerPoint

SAP

Job description

Job Responsibilities:

Leadership & Team Management

• Lead the Finance Team, overseeing both Treasury and Accounting functions.
• Coach, mentor, and train team members, including developing their technical skills.
• Address personnel concerns within the team, such as conflicts, attendance and punctuality, and performance issues, providing guidance and corrective action as needed.
• As a member of the Management Committee, provide strategic direction to help the company achieve its goals.
• Support other departments with their finance-related needs.

Treasury & Cash Management

• Forecast cash flow, borrowing needs, and funds available for investment, ensuring sufficient liquidity for both day-to-day operations and capital investments.
• Prepare daily and weekly bank balance reports, along with monthly projections of cash outflows.
• Establish and maintain strong banking relationships to support the company's investment and borrowing needs.
• Secure funding for operations and investments, maintaining an optimal balance between debt and equity.
• Invest company funds in projects and securities that deliver strong returns.
• Manage foreign currency (USD) purchases for import payments.
• Monitor accounts receivable to ensure collections remain within company standards.

Financial Planning, Analysis & Reporting

• Lead budgeting and forecasting activities.
• Analyze and interpret the company's financial performance, and present results to management with recommendations to support decision-making.
• Prepare additional analyses and reports as requested by management.

Compliance & External Relations

• Serve as the primary point of contact for external auditors, handling queries, verifications, and recommendations.
• Represent the company before government agencies, including the BIR and SEC.

Review & Approval of Transactions

• Review and verify the following before processing:
• Requests for Payment, Purchase Orders, and Pre-Approval Forms
• PDR, CME tie-up, and RODF requests
• Check vouchers
• Expense reports, including cash, credit card, and fleet card expenses
• Sales incentives
• Duties and taxes on imported goods

Job Qualifications:

• Bachelor of Science in Accountancy, Management/Financial Accounting. Preferably with Master's Degree in related field.
• Minimum of 5 years management experience in related field, preferably from a retail/trading/manufacturing company.
• Proficient in MS Applications (Excel, Word, PowerPoint); knowledge in SAP is an advantage.
• Ability to use best practiced business tools and standards.