Financial Management Specialist

aia; Taguig; On-site; PHP 420,000 - 660,000; Full time

Job summary

AIA is seeking a financially minded professional in the Philippines to review and track the financial impact of projects, including cost and benefits, actual spend, and forecasted spend for reporting to senior management.

You will collaborate with the GOE Governance Manager, PGO, and project teams to ensure accurate budgeting, cash flow projections, and alignment with the strategic plan. This role emphasizes thorough financial analysis and cross-functional coordination.

Responsibilities

• Assists GOE Governance Manager in evaluating project's Business Case, ensuring that the minimum critical requirements for a financial section are addressed.
• Performs detailed review of business case including validation of cost treatment and supporting assumptions.
• Endorses reviewed Business Cases to GOE Governance Manager with detailed budget line items and project summaries for management decision.
• Partners with the Project Governance Office (PGO), Project Sponsor and Project Manager to understand proposed projects in relation to financials, payback and funding versus final Strategic Plan budget.
• Delivers consolidated list of projects with cash flow projection and financial impact for Strategic Plan budget and forecasting.
• Prepares monthly actual spend analysis vs project budget and updates forecast of project spend.
• Coordinates with project teams to track actual spends and forecast remaining budget spend and realization of benefits.

Job description

At AIA we've started an exciting movement to create a healthier, more sustainable future for everyone.

It's about finding new ways to not only better people's lives, but to better the communities and environments we live in. Encompassing our ambition of helping a billion people live Healthier, Longer, Better Lives by 2030.

And to get there, we need ambitious people who believe in playing an important part in shaping that future. People seeking unmatched career and personal growth opportunities, who are driven to work with, and learn from some of the most inspiring and supportive leaders in the business.

Sound like you? Then read on.

About the Role

Responsible for the detailed review and/or evaluation of financial impact (cost and benefits) outlined in the business case of projects and/or initiatives of the Company, review and tracking of actual cost incurred and forecasted future spend of approved business cases. Also responsible for the review and tracking of actual benefits versus committed benefits of completed projects and any plan of the Project Owner to go back on track should the actual benefits fall short of the committed level. The post is also responsible for the consolidation and and preparation of financial reports relevant to various projects' budget, actual spend and forecasted spend for reporting to Senior Management.

• Assists GOE Governance Manager in evaluating project's Business Case, ensuring that the minimum critical requirements for a business case focusing on financial sections are duly addressed for all projects under review;
• Performs detailed review of business case including validation of appropriate treatment of cost and supporting assumptions;
• Endorses reviewed Business Cases to GOE Governance Manager, duly supported by detailed budget line items and project summary highlighting key items on financial sections necessary for management decision and close out of Project Evaluation and GOE Governance Manager review comments within set timelines;
• Partners with the Project Governance Office (PGO), Project Sponsor and Project Manager to get an in-depth understanding of proposed projects in relation to review of financials, payback, confirmation of funding vs final Strategic Plan budget. Regularly communicates with the Project Team to ensure timely resolution of outstanding items for close out, if any;
• Delivers accurate and complete consolidated list of projects with cash flow projection and financial impact for Strategic Plan budget and forecasting purposes;
• Prepares monthly actual spend analysis vs project budget and partner with project managers in updating forecast of project spend;
• Closely coordinates with project teams to ensure accurate and efficient tracking of actual spends (including unbilled but incurred costs) vs approved levels and forecast of remaining budget spend, and actual realization of benefits committed;

Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.

You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.