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8990 Housing Development Corporation is seeking a Finance Manager to oversee budgeting, financial planning, reporting, cash flow, and compliance. The role demands strong leadership, analytical capability, and proficiency with Excel and ERP systems.
The successful candidate will manage a finance team, drive process improvements, and ensure accurate financial statements and regulatory compliance within a real estate/property development context.
The Finance Manager is responsible for overseeing the company's financial operations, ensuring effective financial planning, budget management, financial reporting, cash flow management, and compliance with applicable accounting standards, tax regulations, and company policies.
The position provides financial analysis and recommendations to management to support sound business decisions, improve financial performance, maintain financial stability, and ensure efficient utilization of company resources.
1. Financial Planning and Budget Management
Develop, implement, and monitor the annual operating budget.
Consolidate departmental and branch budget proposals.
Monitor actual expenses against approved budgets and investigate significant variances.
Recommend cost-control measures and budget adjustments.
Ensure proper allocation and utilization of financial resources.
2. Financial Reporting and Analysis
Oversee the preparation and submission of monthly, quarterly, and annual financial reports.
Review financial statements, income statements, balance sheets, and cash flow reports.
Analyze financial performance and provide recommendations to management.
Ensure accuracy, completeness, and timely submission of financial reports.
Present financial updates and business performance reports to senior management.
3. Cash Flow and Treasury Management
Monitor daily cash positions and projected cash requirements.
Oversee cash flow forecasting and working capital management.
Ensure sufficient funds are available for operational requirements and financial obligations.
Supervise banking transactions, fund transfers, and cash disbursements.
Establish controls to safeguard company funds and financial assets.
4. Accounting Operations and Internal Controls
Oversee daily accounting operations, including accounts payable, accounts receivable, general ledger, and bank reconciliations.
Ensure proper recording and documentation of financial transactions.
Establish and maintain effective internal financial controls.
Review and approve financial transactions within authorized limits.
Ensure compliance with company accounting policies and procedures.
5. Tax and Regulatory Compliance
Ensure timely preparation and filing of required tax returns and statutory reports.
Monitor compliance with BIR, SEC, and other applicable government regulations.
Coordinate with external auditors, government agencies, and other regulatory bodies.
Ensure proper maintenance and safekeeping of financial records and supporting documents.
6. Financial Risk Management and Audit
Identify potential financial risks and recommend appropriate mitigation measures.
Oversee internal and external audit requirements.
Review audit findings and ensure timely implementation of corrective actions.
Strengthen financial policies and procedures to minimize errors, fraud, and financial losses.
7. Leadership and Team Management
Supervise, lead, and develop the Finance and Accounting team.
Establish clear performance targets and monitor individual and departmental KPIs.
Conduct regular performance evaluations and coaching.
Ensure proper delegation of responsibilities and effective workflow management.
Promote accountability, accuracy, and professionalism within the department.
8. Management Coordination and Business Support
Provide financial insights and recommendations to the CEO, CFO, and other department heads.
Participate in management meetings, budget reviews, and business planning activities.
Evaluate the financial impact of proposed business initiatives and operational decisions.
Recommend strategies to improve profitability, efficiency, and financial sustainability.
Educational Background
Bachelor's Degree in Accountancy, Accounting, Financial Management, or a related field.
CPA license is an advantage.
Work Experience
At least 2-5 years of relevant experience in Finance and Accounting.
At least 1–3 years in a supervisory or managerial position.
Experience in financial planning, budgeting, financial reporting, and cash flow management.
Experience in real estate, property development, or construction industry is an advantage.
Technical Skills
Strong knowledge of accounting principles and financial management.
Proficient in Microsoft Excel and financial management systems/ERP.
Knowledgeable in BIR tax compliance and Philippine financial regulations.
Excellent financial analysis, forecasting, and reporting skills.
Behavioral Competencies
Strong leadership and decision-making skills.
Analytical and detail-oriented.
High level of integrity and accountability.
Excellent communication and interpersonal skills.
Ability to work under pressure and meet strict deadlines.
Strategic thinking and problem-solving abilities.