Finance Business Partner

Filinvest Development Corporation; Mandaluyong; On-site; PHP 700,000 - 1,000,000; Full time

Job summary

A leading real estate firm in Metro Manila is seeking a Financial Management professional to oversee project budgets and financial reporting. Responsibilities include ensuring accuracy in financial statements, timely payment validations, and adherence to budget standards. Candidates must be CPAs with a bachelor's degree in accounting or finance and have 5-7 years of experience in financial analysis. Proficiency in SAP and Excel is essential for this role. Competitive salary and benefits included.

Qualifications

• Must have 5-7 years of relevant experience in financial analysis and accounting.
• Experience in the real estate industry is required.
• Strong proficiency in Excel for data analysis.

Responsibilities

• Ensure accuracy in project financial statements and reports.
• Validate payments to Condos and HOAs on time.
• Review project costs and ensure compliance with budgets.

Skills

Financial analysis

Data analysis

Communication skills

Attention to detail

Education

Licensed Certified Public Accountant (CPA)

Bachelor's Degree in Accounting or Finance

Master's Degree in Business Administration (MBA)

Tools

SAP

Excel

ERP systems

BI tools

Job description

Mandaluyong, Metro Manila, Philippines Filinvest Land Inc.

JOB SUMMARY

• Final review of the budget set-up and release, and implementation of necessary controls to ensure that all costs are properly accounted for and/or charged.
• Checking and reviewing the project financial statements and supporting schedules, and ensuring that regular reports, alongwith the project status and deliverables, are properly conveyed/discussed with the region.
• Ensuring that payments to HOAs/Condo Corps are properly validated and paid on or before the due date and that any advances are duly billed and collected.

DUTIES AND RESPONSIBILITIES

• Ensure that the figures provided in the Financial Statements and required supporting documents are accurate and correct.
• Ensure that the Financial Statements and required supporting documents are completed within the prescribed deadline.

Project Control & Monitoring

• Ensure that all project-related costs and expenditures are aligned with the approved project budget; provide recommendations for appropriate actions if discrepancies arise.
• Achieve accurate reporting of costs (cost per sqm).
• Ensure that all common costs and township costs are properly accounted for and/or charged to the correct projects.
• Ensure that the SAP Project Builder and the GL balances of the Project are reconciled.
• Ensure strict implementation of controls and that the set standards for projects are met.
• Ensure that all payables for Condominium Corporations (CCs) and Homeowners' Associations (HOAs) are being paid on or before the due dates to avoid penalties and arrears.
• Ensure that all FLI advances have been billed, properly sent to, and acknowledged by the respective CCs and HOAs. Aggressive collection must be in place.
• Regularly monitor and review the reconciliation of FLI AR (GL run) to CCs, HOAs, and other related parties, ensuring completeness and valid attachments.
• Assist the head and concerned residential group with the required financial reports and related matters for project conveyance and HOA/CC turnover purposes.

Project Pre-Registration and Handling for HOA and Condo.Corps

• Assist Project Groups, Finance, and other concerned departments with the formation/registration of projects as HOAs or Condo Corps.
• Perform finance functions, especially related to reportorial compliance (e.g., submission of annual financial reports, tax flings) to applicable regulatory bodies (e.g., DHSUD, SEC, LGU, BIR) for assigned projects, until the projects are properly managed by the contracted property management office or HOA/Condo Corp.

Project Budget Set-up and Release

• Final review of the Project Set-up Form for new projects to be launched and/or for re-launches.
• Ensure that approved financials are properly set up in SAP or the applicable system.
• Ensure that approved project costs are uploaded in FREBAS.
• Ensure that all necessary budgets are released within the prescribed SLA.

Others

• Final review and posting of all required entries in SAP.
• Ensure that all project and financial-related documents are archived for ease of reference.
• Introduce process Improvements that will enhance efficient reporting and practices.
• Ensure that current practices are up-to-date based on changes in processes and policies.
• Assist the team with any special or ad-hoc tasks that may be assigned from time to time.
• Perform other tasks as may be assigned by management.

QUALIFICATIONS

• Licensed Certified Public Accountant (CPA)
• Bachelor's Degree in Accounting, Finance, or a related field.
• Master's Degree in Business Administration (MBA) or related field is a plus.
• With at least three to five years of experience in the real estate industry
• Minimum of 5-7 years of relevant experience in financial analysis, reporting, and accounting.
• 4-year experience in an audit firm is preferable
• Experience working with large datasets and financial systems (e.g., ERP systems, BI tools).
• Ability to analyze complex financial data, identify trends, and draw meaningful conclusions.
• Proficiency in Excel functions, formulas, and data analysis tools (e.g., pivot tables, macros).
• Excellent written and verbal communication skills to effectively interact with various stakeholders (e.g., management, regional teams, shared services).
• Ability to adapt to changing priorities and business needs.
• Meticulous attention to detail and the ability to maintain accurate records.