Assistant Finance Manager (CPA)
SPC Power Corporation · Makati, National Capital Region, Philippines
Apply & track with Apply EdgeDuties and Responsibilities Financial Planning and Analysis - Assist in developing and implementing financial strategies, plans, and budgets aligned with the company’s goals and objectives. - Conduct financial analysis and modeling to support business planning and decision-making processes. - Prepare and present financial forecasts, variance analyses, and performance reports to senior management. Budgeting and Forecasting - Support the annual budgeting process, working closely with department heads to develop accurate and realistic budgets. - Monitor and analyze budget performance, identifying variances and recommending corrective actions. - Update financial forecasts on a regular basis to reflect changes in business conditions and strategic initiatives. Financial Reporting - Ensure the timely and accurate preparation of monthly, quarterly, and annual financial statements in accordance with accounting standards and regulatory requirements. - Assist in the consolidation of financial reports for different business units and subsidiaries. - Coordinate with external auditors for the annual audit process and address any audit findings. Cash Flow Management - Monitor and manage the company’s cash flow to ensure adequate liquidity for operational needs and investment opportunities. - Develop and implement cash management policies and procedures to optimize cash utilization. - Prepare cash flow forecasts and manage working capital requirements. Risk Management and Compliance - Identify and mitigate financial risks, including currency, interest rate, and credit risks. - Ensure compliance with financial regulations, accounting standards, and internal controls. - Assist in developing and maintaining effective internal control systems to safeguard company assets and ensure the accuracy of financial records. Team Support and Development - Support the finance team in achieving their goals and provide guidance as needed.- Assist in setting performance goals and providing regular feedback and evaluations for team members. - Promote professional growth and development opportunities within the team. Strategic Support - Provide financial insights and recommendations to support strategic initiatives and business growth. - Participate in strategic planning sessions and contribute to the development of long-term business plans. - Collaborate with other departments to ensure alignment of financial goals with overall business objectives. Education: Bachelor’s degree in Finance, Accounting, Business Administration, or a related field. A Master’s degree or MBA is preferred. Licensure and/or Certification Required: Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) designation is highly desirable. Experience: - Minimum of 5 years of experience in finance or accounting, with at least 2 years in a supervisory or assistant managerial role.- Strong knowledge of financial principles, practices, and regulations. Behavioral Competencies: - Excellent analytical, problem-solving, and decision-making skills.- Proficiency in financial software and Microsoft Office Suite.- Exceptional communication and interpersonal skills. Key Competencies: - Financial Acumen- Analytical and Critical Thinking- Attention to Detail- Leadership and Team Support- Communication and Presentation Skills- Risk Management- Strategic Thinking and Planning