Key Responsibilities:
- Lead the preparation, analysis, and finalization of financial statements in accordance with applicable accounting standards (e.g., GAAP, IFRS, PFRS).
- Oversee the accurate and timely preparation, filing, and analysis of income tax returns and other tax-related submissions.
- Monitor changes in tax regulations and ensure organizational compliance at all times.
- Plan, coordinate, and supervise the preparation of the annual budget and financial forecasts.
- Provide senior management with timely and insightful financial analysis to support strategic planning and decision-making.
- Establish and enforce internal controls, accounting policies, and procedures to safeguard the company’s assets.
- Supervise and mentor accounting and finance staff, ensuring task delegation, performance monitoring, and professional development.
- Coordinate with external auditors, tax consultants, and regulatory agencies
- Ensure compliance with all applicable financial and banking regulations, especially provisions under the MORB, including capital adequacy, liquidity requirements, loan loss provisioning, and reporting formats.
- Monitor BSP circulars and updates to ensure policies and processes remain compliant with new regulatory guidelines.
- Oversee regulatory reporting to BSP and other agencies, ensuring accuracy and timeliness of reports such as FRP (Financial Reporting Package), CAR (Capital Adequacy Ratio), and other required schedules.
- Ensure proper management of cash flow, expenditures, and financial risks.
- Support the implementation and enhancement of accounting systems and technologies.
Qualifications:
- Bachelor’s degree in Accountancy; Certified Public Accountant (CPA) is an advantage
- Strong knowledge of financial reporting standards, taxation laws, and income tax return preparation and analysis.
- Strong and practical knowledge of the Manual of Regulations for Banks (MORB) and experience in regulatory reporting to the Bangko Sentral ng Pilipinas.
- Proven experience in corporate budgeting, financial forecasting, and cost control principles.
- Demonstrated ability to lead, motivate, and manage teams effectively.
- Proficiency in accounting software and advanced Microsoft Excel skills.
- Excellent communication, organizational, and problem-solving skills.
- High level of integrity, accountability, and attention to detail.