Finance Management Officer

Joy~Nostalg Group; Pasig; On-site; PHP 800,000 - 1,600,000; Full time

Job summary

Joy~Nostalg Group is seeking a Finance Management Officer in Pasig to oversee financial health and strategic planning of property development projects. You will lead treasury operations, budgeting, forecasting, and reporting to maximize real estate value while maintaining compliance and cost efficiency.

As part of the finance team, you will collaborate with project development and operations heads, analyze funding needs, monitor cash flow, and ensure timely funding and accurate financial records

Qualifications

• Bachelor's/College Degree in Finance, Accounting, or equivalent.
• Experience in treasury operations and funds management is required.
• 3-5 years of working experience in real property or construction preferred.
• Strong budgeting, cash flow management and financial reporting skills.
• Proficient in MS Excel and accounting software; detail oriented.

Responsibilities

• Oversee fund management and allocation for projects.
• Prepare monthly cash flow reports with forecasting and variance analysis.
• Monitor approved budgets against funding requirements.
• Recommend weekly supplier payments after FMG review.
• Analyze loan repayments, equity remittance, and shareholder profits.
• Track bank loans, interest, maturity, and principal payments.
• Collaborate with Project Development Teams and Operations Heads.
• Communicate with Central Treasury on funding matters.
• Handle additional tasks as directed by FMG Head.

Skills

Treasury operations

Budget management

Funds management

Financial risk analysis

Financial reporting

Cash flow forecasting

Bank reconciliation

Communication

Leadership

Education

Bachelor's/College Degree in Finance or Accounting

Tools

MS Excel

Accounting software

Job description

Key Purpose

The Finance Management Officer is responsible for overseeing the financial health and strategic planning of property development projects. This team plays a pivotal role in ensuring financial compliance, cost efficiency, and alignment with organizational goals to maximize the value of real estate assets. Key responsibilities include financial planning, budgeting, forecasting, risk analysis, and performance reporting, ensuring projects are delivered within financial parameters and timelines.

Duties and Responsibilities

Fund Management and Allocation

• Ensure timely funding: Make sure that all project and company obligations are funded on time.
• Sourcing funds: Analyze and determine the best times and methods to source funds for sustaining operations.
• Funding requirements recommendation: Based on historical trends and available funds, recommend funding levels required for projects.
• Budget adherence: Ensure that all funding requests fall within the approved project budget, reviewing and summarizing requests as necessary.

Cash Flow and Budget Monitoring

• Cash flow reports: Prepare monthly cash flow reports, including forecasting and variance analysis to track financial health.
• Fund vs. Usage reports: Regularly create reports comparing funds available vs. funds used, to facilitate operational analysis.
• Budget vs. funding requirements: Continuously monitor the approved project budgets against actual funding requirements to ensure consistency.

Supplier Payment and Loan Management

• Payment recommendations: Recommend weekly supplier payments for approval by the Finance Management Group (FMG) Head to ensure timely payments.
• Loan repayment analysis: Analyze when and how to repay loans, handle equity remittance, and manage shareholder profits.
• Loan monitoring: Keep track of bank loans, including interest payments, maturity dates, and principal repayment amounts.

Financial Efficiency

• Minimize financing charges: Recommend and implement measures to reduce interest and other financing charges, enhancing cost efficiency.
• Loan-to-collateral ratio monitoring: Monitor the loan-to-collateral ratio, analyzing when to make payments on loans, especially upon title pullouts.
• Bank reconciliation: Prepare monthly bank reconciliations to ensure all financial transactions are accurate.

Collaboration and Communication

• Collaboration with teams: Work closely with the Project Development Teams and Operations Heads to analyze project status, profitability, and funding needs.
• Communication with Central Treasury: Communicate with the Central Corporate Treasury regarding all funding-related matters to ensure smooth operations.

Additional Responsibilities

• Other tasks as assigned by FMG Head: Be ready to perform any additional tasks as instructed by the FMG Head to support the finance function.

Qualifications

• Candidates must possess at least Bachelor's/ College Degree in Finance, Accounting, or equivalent

• Experience in treasury operations, budget management, and funds management is required
• Must have at least 3-5 years of working experience, preferably in the real property or construction industry

• Real Estate Finance and Investment Analysis
• Strategic Treasury Management

• Certified Public Accountant is an advantage

• A strong grasp of budgeting, cash flow management, project cost monitoring and analysis, and fund sourcing is essential.
• Proficient in Microsoft Office and/or other accounting software; excellent skills in using MS Excel are required
• Ability to assess and mitigate financial risks associated with cash flow, loan management, and project financing.

• Proactive, resilient, and has strong leadership skills
• Excellent communication and presentation skills; ability to communicate complex financial concepts clearly and concisely to both internal stakeholders and external partners
• Must have an eye for detail to manage budgets, track expenses, and ensure financial reports are accurate.

• Uphold integrity, honesty, transparency, and ethical conduct in managing financial resources and reporting.
• Ensure that all financial transactions and decisions are made with the highest standards of ethical behavior and accountability.