Senior Analyst - Financial Planning

Christ's Commission Fellowship; Pasig; On-site; PHP 600,000 - 900,000; Full time

Job summary

Christ's Commission Fellowship in Pasig is looking for a financial planning professional to support budgeting and reporting efforts. Your role will involve developing budget templates and conducting variance analysis to ensure financial accuracy.

The ideal candidate has a Bachelor’s degree in Accountancy and at least 2 years of relevant experience. Strong proficiency in MS Excel and communication skills are essential for success in this role.

Qualifications

• At least 2 years experience in General Accounting or Financial Accounting.
• CPA Board passer is a plus.
• Able to work with minimal supervision.

Responsibilities

• Create and develop budget templates.
• Conduct variance analysis of actual results vs. budget.
• Prepare consolidated income statements.

Skills

Financial data analysis

MS Excel

MS PowerPoint

Communication skills

Education

Bachelor of Science degree in Accountancy

Job description

The position exists in order to support CCF in the area financial planning. With the objective of efficiently and effectively providing the leadership with accurate and timely budget plan and financial reports. Within the limits of the company’s strategic objective.

KEY DUTIES AND RESPONSIBILITIES

A. Yearly Business Plan

Activities:

• Create and develop budget templates and cascade to respective organizations
• Consolidation/formulation and cascade of budget assumptions/guidelines
• Develops targets and trends which will be used for reviews
• Business Plan submissions are reviewed with respective organizations, consolidated, aligned and ensured to be in accordance with commitments/goals
• Preliminary analysis of the following budget submissions:
  • Sources of Funds
  • Operating Expenses
  • Capital Expenditures
• Consolidation of budget submissions
  • Consolidate budget submissions to create National P&L
  • Conduct preliminary portfolio analysis and trend analysis of current BP vs current year and prior years.
  • Review and align consolidated P&L
• Timely submission of approved Business Plan to Board
  • Ensure that the approved BP is submitted timely to the Board using aligned templates.
  • Work with counterparts in Regions/Departments if there are any questions/clarifications on the BP submission.

Rolling Estimate Processes are in place, aligned and established for seamless development of budgets by each organization.

Activities:

• Assist in developing RE templates and cascade respective organization
• Consolidation/formulation and cascade of budget assumptions/guidelines
• Develops targets and trends which will be used for reviews
• Rolling Estimate submissions are reviewed with respective department/region, consolidated, aligned and ensured to be in accordance with commitments/goals
• Review and analyze of the following:
  • Collections/Tithes
  • Operating expense budgets – with various HO functions/satellite
  • Labor Cost – with HR
  • Region P&L – with Region Accountants
• Consolidation of RE submission
  • Consolidate RE submissions to create National P&L
  • Preliminary review and alignment of consolidated P&L
• Timely submission of approved Rolling Estimate
  • Ensure that the approved BP is submitted timely
  • Reconciliation with counterparts in Region/Departments if there are any questions/clarifications on the RE submission

C. Monthly Financial Analysis and Reporting

Activities:

Analysis of Financial Data

• Ensure accuracy and timeliness of financial data
• Reconciliation with counterparts in Region/Departments if there are any questions/clarifications on the Financial Data
• Conduct variance analysis of actual results vs. budget
• Implications to the total year forecast are assessed. Any risks or opportunities are highlighted
• Preparation of consolidated income statements
• Preparation of financial analysis & reports useful to the decision making process of CCF Leadership

QUALIFICATIONS

• Bachelor of Science degree in Accountancy
• At least 2 years experience in General Accounting or Financial Accounting
• CPA Board passer is a plus
• Proficient in the use of MS Excel and PowerPoint
• Is able to work with minimal supervision
• Displays a high level of maturity and organizational agility (i.e. knows how to properly leverage formal and informal networks)
• Exhibits strong communication and listening skills
• Has a high level of integrity and can be trusted