We are seeking a highly skilled and experienced professional to join our team as the Head of Accounting & Finance. As the Head of Accounting & Finance, you will be responsible for overseeing all financial operations and providing strategic financial guidance to the company. You will lead a team of accounting and finance professionals, ensuring accurate financial reporting, budgeting, and forecasting.
Additionally, you will play a key role in implementing financial policies, optimizing financial processes, and identifying opportunities for cost efficiencies. The ideal candidate should have a proven track record of success in financial leadership roles, possess exceptional analytical and problem-solving abilities, and be well-versed in financial regulations and best practices. Join our dynamic organization and contribute to our financial success and growth as the Head of Accounting & Finance.
ACCOUNTING & FINANCE
- Drive the financial planning for the entire BE Group of Companies to meet the financial objectives set by the Executive Office and BOD and in line with the group’s Mission and Vision;
- Lead and oversee activities of all Accounting and Finance personnel to optimize efficiency and productivity of each team member;
- Responsible for the timely submission and availability of accurate cash flows and financial statements of the companies for management and external reporting;
- Review financial transactions for validity, accuracy and within approved budget;
- Monitor and analyze accounting data and draft reliable and current forecasting reports;
- Oversees financial management requirements to include monitoring and control of costs and expenses, treasury activities such as issuance of official receipts and check disbursements, prepare and analyze cash position reports, and prepare cash requirements for each company;
- Establish strong relations with bank partners and financial institutions, to represent the company in negotiations for terms and agreements beneficial to the group of companies ;
- Monitors loans and payments of interest;
- Assists the President and COO in the monthly, quarterly, semi-annual and annual business review and planning;
- Set-up a strong audit and reporting system that is independent of operations, with regular submission of audit reports, including annual audits;
- Review business development, investment plans and project feasibility studies, to simulate scenarios for cost-benefit analysis, evaluate profitability and return on investment;
IT & SYSTEMS
- Oversees the IT and Systems personnel;
- Establish process flow for Accounting and Finance, and enforce compliance to company policies relevant to cost management, in line with proper accounting methods, policies and procedures;
- Leads in the establishment of system flows and programs for the whole organization in accordance with ISO;
- Leads the relevant group’s optimal use of adopted software such as SAP for BVI and Fiesta/Opera for BHR;
- Provide recommendations and improvements in systems and procedures and initiate corrective actions;
GOVERNMENT COMPLIANCES
- Ensure compliance with government mandated reports as led and guided by the BOD and Executive Office;
- Responsible for the submission and compliance with governing bodies such as but not limited to the Bureau of Internal Revenue (BIR) and Securities and Exchange Commission (SEC) and other relevant financial institutions;
- Corroborates with assigned external auditor for the interim and annual audit of financial statements;
PURCHASING & INVENTORY
- Oversee the management of purchasing transactions for all three companies;
- Develop and lead the execution of agreed purchasing strategies;
- In line with established accounting policies and procedures, ensures that assigned purchasers are on top of managing vendors, tracking and monitoring purchases to reduce expenses and improve overall company effectivity, and timely delivery of supplies in accurate quantities ;
- Lead the team in negotiation and closing of deals with major supplier for optimal terms;
- Monitor and forecast inventory levels within reasonable quantities and based on forecasted demand;
- Evaluate and prepare recommendations to justify CAPEX;
If you meet the requirements and are interested in this position, please submit your resume and cover letter for consideration. We offer a competitive salary, benefits package, and opportunities for growth within the company.