Finance Manager

Key Responsibilities

• Responsible for monitoring the team's workload, effectively assigning and distributing tasks according to individual responsibilities, and providing overall management and leadership of the team.

• Review and finalize forecasts, assist in the preparation of annual budgets, and provide financial reports and analyses as required by management and stakeholders.

• Prepare, analyze, and communicate financial data, insights, and recommendations to management and stakeholders on a timely basis to support informed decision-making.

• Monitor and control actual financial performance against budget, ensuring revenue and costs are supported by appropriate documentation and aligned with approved budgets.

• Review balance sheet reconciliations and supporting schedules prepared by the Global Shared Services team to ensure accuracy, completeness, and timely resolution of outstanding items.

• Prepare and maintain balance sheet review reports and submit them to relevant stakeholders within established timelines.

• Review Profit & Loss (P&L) analysis and provide commentary on financial performance, key variances, and business trends.

• Oversee and monitor statistical accounts and financial reporting requirements.

• Support and contribute to the development of the company's business plans and financial strategies.

• Lead and coordinate the completion of audited financial statements for assigned entities, including entities outside the Philippines where applicable.

• Manage corporate finance activities and ensure compliance with Group reporting and tax reporting requirements.

• Oversee treasury operations, including cash flow management, cash forecasting, banking relationships, and bank mandate administration for local Philippines entities.

• Ensure compliance with accounting standards, group accounting policies, statutory requirements, regulatory agencies, and banking requirements.

• Manage local statutory reporting and filing requirements, including tax compliance and submissions.

• Liaise with external auditors, tax consultants, regulatory bodies, and banking institutions as required.

• Ensure policies, procedures, work instructions, and guidelines are reviewed and updated regularly to reflect current business and regulatory requirements.

• Develop and implement new policies, guidelines, processes, and controls to enhance operational efficiency and strengthen governance.

• Drive continuous improvement initiatives across controllership, reporting, treasury, and compliance processes.

• Perform other ad-hoc duties and projects as assigned by immediate superiors to support team objectives and company goals.

• Key Performance Indicators

• Financial Reporting & Close Process

• Monthly financial close completed within agreed timeline (e.g., 100% on-time submission).

• Accuracy of financial reports with minimal post-close adjustments.

• Timely submission of management reports, balance sheet reports, and forecast packages to stakeholders.

• Percentage of financial reports submitted by deadline (Target: 100%).

• Balance Sheet Governance

• Completion of monthly balance sheet reviews and reconciliations (100% completion rate).

• Number of aged/unreconciled balance sheet items outstanding beyond agreed threshold.

• Timely resolution of balance sheet exceptions and audit findings.

• Reduction in balance sheet reconciling items year-over-year.

• Budgeting, Forecasting & Performance Analysis

• Forecast accuracy against actual results.

• Timely completion of annual budget and periodic forecasts.

• Variance analysis reports delivered within agreed timelines.

• Actual versus budget variance maintained within acceptable thresholds with supporting documentation.

• Ensure 7% ROC (Return-on-Cost) year on year results or what is allowable based on transfer pricing benchmark. (Entity: ECCL-ROHQ)

• Treasury & Cash Flow Management

• Accuracy of cash flow forecasts.

• Adequate liquidity maintained with no operational cash shortages.

• Timely processing and maintenance of bank mandates and signatory updates.

• Optimization of working capital and cash utilization.

• Compliance with banking requirements and covenant obligations.

• Statutory Reporting, Tax & Audit Compliance

• On-time submission of statutory financial statements and regulatory filings (100% compliance).

• On-time filing of corporate tax and other tax reporting requirements.

• Number of audit adjustments identified during external audits.

• Successful completion of annual statutory and group audits with minimal findings.

• No penalties, fines, or non-compliance issues from regulatory authorities.

• Internal Controls & Governance

• Compliance with Group Accounting Policies and Internal Control requirements.

• Number of control deficiencies identified and resolved.

• Timely review and update of finance policies, work instructions, and SOPs.

• Successful implementation of process improvements and governance initiatives.

• Ensure high-level of confidentiality is always maintained.

• Team Management & Service Delivery

• Achievement of team service level agreements (SLAs).

• Team productivity and workload distribution effectiveness.

• Employee engagement and retention within the team.

• Completion of performance reviews and development plans.

• Cross-training coverage and succession readiness within the team.

• Business Partnership & Stakeholder Satisfaction

• Management and stakeholder satisfaction ratings.

• Quality and timeliness of recommendations provided for decision-making.

• Support provided for business planning, strategic initiatives, and ad-hoc projects.

• Responsiveness to stakeholder requests and issue resolution.

• Key Qualifications, Knowledge, Skills and Experience

• Must be a graduate of Bachelor of Science in Accountancy or Bachelor of Science in Commerce - Management Accounting. Must be a graduate of Bachelor of Science in Accountancy or Bachelor of Science in Commerce - Management Accounting. CPA licensure is a plus.

• 10 years’ experience in related field.

• Knowledgeable in using computerize accounting system, SAP S4 is a plus and MS Office.

• Ability to synthesize large amounts of complex data into actionable information.

• Ability to work and communicate effectively with different stakeholders.

• Excellent business judgment, analytical and decision-making skills.

• Good analytical skills and able to interpret financial data

• Will be able to create, update and implement guidelines and policies as necessary.

• Leadership and coaching skills.

• Clear communication skills with team, clients, and stakeholders with an eye for details.

• People and time management skills.

• Ability to have work/life balance.

• High degree of personal organization with the ability to prioritize.

• Adheres to high standard and quality of working.

• At Surbana Jurong, we put talent, hard work, teamwork and a fun workplace together to approach problems and solve them creatively and collaboratively. Join us in making a positive impact on the world!