Financial Control Division Head

PJ Lhuillier Group of Companies; Bacoor; On-site; PHP 900,000 - 1,300,000; Full time

Job summary

PJ Lhuillier Group of Companies in the Philippines seeks a Controller to oversee accounting operations and implement accounting policies, systems and procedures to protect company assets and interests. The role directs financial planning and budgeting, ensures timely and accurate financial statements, and leads audits while maintaining regulatory compliance with BSP and SEC.

You will provide strategic guidance on financial risk and decision-making, and build a strong team to sustain rigorous

Qualifications

• Bachelor's Degree in Accountancy and CPA certification.
• MBA or related field is an advantage.
• At least ten (10) years in accounting, financial management, and internal controls.
• Minimum five (5) years in a senior leadership role.
• Extensive knowledge of financial reporting standards, budgeting, taxation, and BSP/SEC regulations.
• Experience implementing accounting policies, controls, audit management, and compliance frameworks.

Responsibilities

• Formulates accounting policies, systems and procedures and manages its implementation to protect the company assets and interests.
• Directs the financial planning and budget administration. Provides insights on financial performance, trends, and variances to senior management.
• Ensures timely preparation and accuracy of financial statement as well as the reporting of compliance requirements based on external regulations.
• Leads the team during financial audits. Monitors completion of audit requirements and the resolution to audit findings.
• Oversees the accounting operations on accounts payable, payroll, inventory, reconciliation, and general accounting.
• Enforces adherence to generally accepted accounting principles on recording and maintaining books of accounts and other accounting records.
• Maintains familiarity with taxation laws, BSP, and SEC regulations that affects the financial accounting of the organization.
• Prepares financial performance reports to aid the management in reviewing business performance against budget demand.
• Provides advisory on the financial risk implication of financial decisions, and budget expenditure.
• Resolves escalated matters about the application of accounting principles on unusual business projects and financial decisions.

Skills

Financial management

Internal controls

Audit management

Budgeting

Financial reporting

Regulatory compliance

Leadership

Taxation knowledge

Education

Bachelor's Degree in Accountancy

CPA

Master's Degree in Business Administration, Finance, or related field

Job description

The position is primarily responsible for overseeing the accounting operations and managing the implementation of control policies, systems, and procedures of Cebuana Lhuillier Bank. The position is also responsible for directing the financial planning and budget administration as well as ensuring the integrity of financial statement and reporting of compliance requirements.

Key Responsibilities

A. Planning and Direction Setting

• Formulates accounting policies, systems and procedures and manages its implementation to protect the company assets and interests.
• Directs the financial planning and budget administration. Provides insights on financial performance, trends, and variances to senior management.
• Ensures timely preparation and accuracy of financial statement as well as the reporting of compliance requirements based on external regulations.
• Leads the team during financial audits. Monitors completion of audit requirements and the resolution to audit findings.

B. Accounting Operations Management

• Oversees the accounting operations on accounts payable, payroll, inventory, reconciliation, and general accounting.
• Enforces adherence to generally accepted accounting principles on recording and maintaining books of accounts and other accounting records.
• Maintains familiarity with taxation laws, BSP, and SEC regulations that affects the financial accounting of the organization.
• Prepares financial performance reports to aid the management in reviewing business performance against budget demand.
• Provides advisory on the financial risk implication of financial decisions, and budget expenditure.
• Resolves escalated matters about the application of accounting principles on unusual business projects and financial decisions.

Qualifications

• Bachelor's Degree in Accountancy and Certified Public Accountant (CPA)
• Master's Degree in Business Administration, Finance, or related field is an advantage.
• At least ten (10) years of progressive experience in accounting, financial management, and internal controls, with at least five (5) years in a senior leadership role.
• Has extensive knowledge of financial reporting standards, budgeting, taxation, and regulatory requirements, including BSP and SEC regulations.
• With proven experience in implementing accounting policies, financial controls, audit management, and compliance frameworks.