Finance Head

Filinvest Development Corporation; Mandaluyong; On-site; PHP 1,500,000 - 2,000,000; Full time

Job summary

A leading real estate firm in Mandaluyong is seeking a Finance Head responsible for financial reporting and management of the corporate accounting team. The ideal candidate will have at least 5 years of experience in financial reporting, strong understanding of accounting principles, and be proficient in ERP systems. This role includes providing timely financial reports and ensuring compliance with regulatory requirements. Strong interpersonal and communication skills are essential for managing teams effectively.

Qualifications

• Proven knowledge of bookkeeping and accounting principles.
• Experience in handling financial consolidation.
• Effective business communication skills.

Responsibilities

• Provide financial and management reports to Filinvest management.
• Review financial performance of the Non-REIT Office Division.
• Ensure compliance with regulatory reporting deadlines.
• Supervise and train the corporate accounting team.

Skills

Financial Reporting

Bookkeeping

Communication Skills

People Management

Data Analytics

Education

At least 5 years of experience in financial reporting

Knowledge of accounting principles

Advance computer skills on MS Office

Proficiency in ERP systems (SAP, IFCA)

Job description

Mandaluyong, Metro Manila, Philippines Filinvest Land Inc.

The FinanceHead is mainly responsible for providing the Filinvest management (i.e., FLI Excom, Board, andFDC Controllership) with timely and accurate financial and management reports and ensuring compliance withreportorialrequirements from several regulatory agencies (i.e., SEC, PSE, PEZA and BOI).

He/She reviews the financial performance of the Non-REIT Office Division, per project/Company, and provides inputs tomanagement and to these entities/properties on improving profitability, cashflows, and balance sheet management.

He/She aims to continuously improve the finance and accounting policies, systems, and procedures and initiates spendmanagement programs within the Group.

DUTIES AND RESPONSIBILITIES

1. Financial, Management and Regulatory Reporting

• Reviews/presents monthly financial and management reports (entities/non-REIT office divisions and business segment) and
  provides explanations on financial results (actual vs. comparable period; actual vs. budget with inputs coming from budget team
  and finance counterparts in other segments) including inputs to improve financial performance.
• Prepares/reviews financial reports as generated by shared services.
  
• Prepares and/or reviews quarterly and annual statutory reports (SEC), and reports to other regulatory agencies (PSE, BOI, PEZA)
  and other special purpose reports for fundraising activities.
• Ensures compliance with reporting deadlines set by internal and external users of financial information.
• Liaises with external auditors for statutory audits and other engagements, including preparation/review of required analyses and
  schedules.
• Analyzes per project financial performance, and provides recommendations to improve profitability.
• Ensures an efficient system to track and evaluate related party transactions; monitors compliance to management action plans in relation to external/internal audit findings; establishes and manages the risk management system in relation to financial risks; prepares materials for the ARMOC.

2. Controls and Analysis

• Evaluates significant financial transactions including evaluation of investments made; conducts detailed periodic
  review of performance of FLI Non-REIT Office Leasing, divisions and entities, and provides inputs to management and to these
  division/entities on improving profitability, cashflows and balance sheet management.
• Establishes/ implements dashboard and data analytics and reporting to assess, develop and monitor strategies to improve financial and operational performance.

3. Policies, Procedures and Systems Improvements

• Enforces accounting policies, provides management with clarification and analysis of the impact of implementing new accounting
  standards, and the financial impact of changes in regulation of other regulator bodies (e.g., BIR, PSE, BOI, etc.); recommends appropriate strategy and ensures identified action steps are implemented to comply with these changes on or before the effectivity period.
• Works with Business Systems and Intelligence and CTI in improving and automating systems and procedures within his/her area of responsibility and collaborates with other teams in improving the overall financial controls within the Group; ensures that data to be integrated/migrated into new or existing systems are complete, accurate and provided in accordance to timeline.

4. Others

• Supervises and counsels the corporate accounting team, including monitoring performance (employee-management) and
  training and development.
• Assists in preparing bids forgovernment and non-government contracts.
• Extends assistance to other finance teams for critical projects.
• Other assignments/tasks that may be assigned from time to time.

QUALIFICATIONS

• At least 5 years of experience handling financial reporting, preferably in the real estate industry.
• Proven knowledge of bookkeeping and accounting principles, practices, standards, laws and regulations and withexperience in handling financial consolidation.
• Advance computer skills on MS Office
• Proficient in using ERP (SAP, IFCA, etc.)
• Strong interpersonal, people management and development skills (management experience)
• Effective business communication skills.