Monroe Consulting Group, an Executive Recruitment firm, is partnering with an organisation in the Industrial sector to hire a Finance Manager. This opportunity is based in the Philippines. The successful candidate will oversee the organisation's finance and accounting operations, ensuring financial integrity, regulatory compliance, effective budget management, and strategic financial planning to support business growth and project success.
Position Overview
Lead the company's finance and accounting functions, ensuring accurate financial management, compliance, and operational efficiency.
Provide financial leadership and strategic insights to support business performance, project profitability, and sustainable growth.
Key Responsibilities
Finance and Accounting Operations
- Oversee the company's overall finance and accounting operations, ensuring accurate and timely financial transactions and reporting.
- Manage general accounting functions, including general ledger, journal entries, account reconciliation, and month-end and year-end closing.
- Oversee accounts payable, accounts receivable, billing, collections, and disbursement activities.
- Ensure proper maintenance of financial records, documentation, and accounting schedules.
- Establish and improve financial policies, procedures, and internal controls.
Financial Planning and Budget Management
- Lead the preparation and monitoring of annual budgets, financial forecasts, and business plans.
- Monitor actual financial performance against approved budgets and identify variances.
- Provide financial analysis, recommendations, and insights to management.
- Manage cash flow forecasting, working capital, and fund allocation.
- Ensure effective utilisation of company resources and financial assets.
Project Cost Management
- Monitor project budgets, expenses, and financial performance across construction and design projects.
- Coordinate with project managers and operations teams to track project costs, expenditures, and budget utilisation.
- Review project costing, material expenses, labour costs, subcontractor payments, and other operational expenses.
- Identify cost overruns, financial risks, and opportunities for cost optimisation.
- Ensure accurate financial monitoring and reporting of ongoing projects.
Taxation and Regulatory Compliance
- Oversee tax compliance, preparation, and filing of applicable tax returns and statutory financial reports.
- Ensure compliance with BIR regulations, tax requirements, and other relevant government regulations.
- Coordinate with external auditors, tax consultants, banks, and government agencies.
- Manage documentation and requirements for tax audits, financial audits, and regulatory assessments.
- Ensure compliance with applicable accounting standards and financial reporting requirements.
Treasury and Cash Flow Management
- Oversee daily cash management, banking transactions, fund transfers, and cash flow monitoring.
- Manage relationships with banks and financial institutions.
- Monitor company liquidity and ensure sufficient funds for operational and project requirements.
- Review payment schedules, collections, and financial commitments.
- Develop strategies to improve cash flow and working capital management.
Financial Reporting and Analysis
- Prepare and present monthly, quarterly, and annual financial statements and management reports.
- Analyse financial performance, profitability, expenses, and key financial indicators.
- Provide financial recommendations to senior management to support business decisions.
- Ensure accuracy and completeness of financial reports and accounting records.
- Present financial updates and recommendations during management meetings.
Team Management and Leadership
- Lead and supervise the finance and accounting team, ensuring efficient execution of daily financial operations.
- Provide guidance and support to accounting staff and other finance personnel.
- Establish performance standards and ensure timely completion of financial deliverables.
- Collaborate with HR, Procurement, Operations, and Project Management teams on financial matters.
- Drive continuous improvement in finance processes, reporting systems, and internal controls.
Key Requirements
Qualifications & Experience
- Bachelor's degree in Accountancy, Finance, Financial Management, or a related discipline.
- Proven experience in a Finance Manager or similar finance leadership role.
- Strong background in Finance Generalist functions.
- Experience within the Construction, Engineering, Architectural, or Design industry is highly preferred.
- Experience overseeing financial reporting, accounting operations, budgeting, taxation, treasury, and cash flow management.
- Experience monitoring project costs, budgets, and financial performance across multiple projects.
- Experience liaising with auditors, banks, tax consultants, and government agencies.
- Demonstrated experience leading and developing finance and accounting teams.
Technical / Functional Expertise- Strong knowledge of financial reporting, accounting principles, and financial controls.
- Expertise in budgeting, forecasting, cash flow management, and working capital planning.
- Knowledge of project costing, cost control, and project financial analysis.
- Understanding of taxation, statutory reporting requirements, and regulatory compliance.
- Ability to analyse financial performance and provide strategic recommendations to management.
- Familiarity with financial audits, regulatory assessments, and internal control frameworks.
Soft Skills & Leadership Competencies- Excellent leadership and team management skills.
- Strong analytical, problem-solving, and decision-making abilities.
- Effective communication and presentation skills.
- Strong stakeholder management and cross-functional collaboration capabilities.
- High level of integrity, attention to detail, and accountability.
- Ability to influence business decisions through financial insights and recommendations.
- Capacity to manage multiple priorities in a dynamic, project-based environment