Finance Officer

Conequip Philippines Inc.; Mandaue; On-site; PHP 1,200,000 - 2,400,000; Full time

Job summary

Conequip Philippines Inc. is seeking a Finance Manager/Director to oversee the company’s financial operations, ensure ISO 9001:2015 compliance, manage forecasting and budgeting, and report to Top Management.

Lead treasury activities, monitor cash flow, and maintain banking relationships while driving financial improvements across the organization. You will present monthly financials to the CEO and the SVP Admin & Finance, steer cost-reduction initiatives, and coordinate with operations to ensure

Responsibilities

• Ensure that the QMS confirms to ISO9001: 2015
• Ensure processes are delivering intended outcomes
• Report to Top Management on the performance of the QMS; on opportunities for improvement; on change requirements; on innovations
• Ensure the promotion of customer focus
• Ensure the integrity of the QMS is maintained
• Integrating Finance operations
• Forecasting and budgeting;
• Ensuring organizational financial stability; and
• Shall present and submit monthly report to the Top Management, CEO, & SVP Admin & Finance.
• Forecast cash flow positions related to borrowing needs and available funds for investment;
• Use hedging to mitigate financial risks related to the interest on the company’s borrowings as well as on its foreign exchange positions;
• Maintain banking relationships;
• Assist in determining the company’s proper capital structure;
• Arrange for equity and debt financing;
• Invest funds;
• Recommend appropriate dividend issuances based on historical dividend patterns and expected cash flows; and
• Conduct spot checks, i.e., revolving funds and company assets; and
• Manage the preparations of the Company’s budget; and Report to the Management on variances from the established budget and the reasons for those vacancies.
• Engage in ongoing cost reduction analysis in all areas of the company;
• Review the performance of competitions and report on key issues to management;
• Engage in benchmarking studies to establish areas of potential operational improvement;
• Interpret company’s financial results to management and recommend charges to improve the overall level of company throughout;
• Participate in target costing activities to create products that meeting predetermined price goals;
• Assist in the determination of product pricing in relation to features offered and competitor pricing;
• Manage the capital budgeting process based on constraint analysis and discounted cash flow analysis;
• Create additional analysis and report as requested by the management; and
• Prepares daily, weekly, and monthly bank reconciliation and submit to the superior (hard and soft copies).
• Oversee the extension of credit to customers; and
• Monitor staff performance including attendance under Finance department supervision, i.e., Credit and Collection in charge
• Provide financial recommendations.
• ISO 9001: 2015 Representative
• Other tasks assigned by the immediate superior.

Job description

• Ensure that the QMS confirms to ISO9001: 2015

• Ensure processes are delivering intended outcomes

• Report to Top Management on the performance of the QMS; on opportunities for improvement; on change requirements; on innovations

• Ensure the promotion of customer focus

• Ensure the integrity of the QMS is maintained

• Integrating Finance operations

• Forecasting and budgeting;

• Ensuring organizational financial stability; and

• Shall present and submit monthly report to the Top Management, CEO, & SVP Admin & Finance.

• Forecast cash flow positions related to borrowing needs and available funds for investment;

• Use hedging to mitigate financial risks related to the interest on the company’s borrowings as well as on its foreign exchange positions;

• Maintain banking relationships;

• Assist in determining the company’s proper capital structure;

• Arrange for equity and debt financing;

• Invest funds;

• Recommend appropriate dividend issuances based on historical dividend patterns and expected cash flows; and

• Conduct spot checks, i.e., revolving funds and company assets; and

• Manage the preparations of the Company’s budget; and Report to the Management on variances from the established budget and the reasons for those vacancies.

• Engage in ongoing cost reduction analysis in all areas of the company;

• Review the performance of competitions and report on key issues to management;

• Engage in benchmarking studies to establish areas of potential operational improvement;

• Interpret company’s financial results to management and recommend charges to improve the overall level of company throughout;

• Participate in target costing activities to create products that meeting predetermined price goals;

• Assist in the determination of product pricing in relation to features offered and competitor pricing;

• Manage the capital budgeting process based on constraint analysis and discounted cash flow analysis;

• Create additional analysis and report as requested by the management; and

• Prepares daily, weekly, and monthly bank reconciliation and submit to the superior (hard and soft copies).

• Oversee the extension of credit to customers; and

• Monitor staff performance including attendance under Finance department supervision, i.e., Credit and Collection in charge

• Provide financial recommendations.

• ISO 9001: 2015 Representative

• Other tasks assigned by the immediate superior.