Chief Financial Officer

Makati, Philippines

Job Description

Reporting to Managing DirectorJob Summary The Chief Financial Officer position is accountable for the administrative, financial, and Risk Management, operations of the company, to include the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results. Principal accountabilities are: The Chief Financial Officer (CFO) shall provide both operational and programmatic support to Right Choice Capital Pte Ltd and its subsidiaries and affiliates (RCC). He shall manage and orchestrate the Finance staff to address accounting and treasury functions. He shall report to the MD and directly leads all strategic and tactical matters as they relate to budget management, cost benefit analysis, forecasting needs and the securing of new funding. His work shall mainly focus on financial reporting, handling cash management and risk planning activities of the company. Also, please note that one of its core functions is to frequently fill in sourcing cash fund, thus candidate must have a strong fund-raising background, in addition to accounting expertise.Qualifications? With Graduate studies on Business Administration, Business Accountancy, Business Law. ? Strong management and organizational skills, Previous experience at the same capacity of at least seven (7) years, or similar role in a financial industry for at least five (5) years. ? Certified Public Accountant (CPA) required ? Well versed and equipped with networks of pipelines projection (accounts and networks) to enhance client portfolio creation ? Proven management and leadership capabilities. Strong project management/organizational skills, as well as commercial awareness and business acumen. ? Demonstrated ability to think strategically and thorough understanding of strategic development, and to prospect, cultivate, and manage new accounts ? A wide degree of creativity and aptitude is expected. ? Proficient with relevant accounting software, Microsoft office applications especially for MS Office Excel. ? High energy, positive, can-do attitude, flexibility, teamwork, and attention to detail; high degree of initiative. ? Experience presenting and articulating technical solutions to both technical and non-technical audiences, broad exposure and skills in IT and social media. ? Ability to analyze data and spot trends, and can understand customer segmentation. ? The goal is to find opportunities and turn them in long-term profitable relationships based on trust and mutual satisfactionJob Summary: Duties and Responsibilities: Planning Duties1. Provide the roadmap and formulate the RCC's future financial direction and supporting tactical initiatives2. Implement monitoring guidelines, pitstops, chokepoints, and to ensure that projected plan of activities will be met as plotted on strategic business plans3. Develop financial and tax strategies4. Ensure that expenditures shall be limited within projected budget to manage the capital request and budgeting processes.5. Develop performance measures such as Key Result Area (KRA) that will support the RCC's strategic direction. Operation Duties6. Promote and assist Finance staff in performing all tasks necessary to achieve the organization's mission and help execute staff succession and growth plans.7. Train Finance employees and other staff on raising awareness and knowledge of financial management matters.8. Work with the MD on the strategic vision including fostering and cultivating stakeholder relationships on whole organization including its trade partners, clients and possible partner, as well as assisting in the development and negotiation of contracts.9. Participate in key decisions as a member of the Executive Committee/Management Team.10. Maintain in-depth relations with all members of the management team11. Manage the Finance and Accounting, investor relations, tax, and treasury departments12. Oversee the financial operations of subsidiary companies both Philippines and Singapore operations.13. Ensure smooth operation and inter-phasing requirements of the operations, as well as managing the third parties to which accounting, or finance functions have been outsourced (i.e. Audit)14. Oversee the company's transaction processing systems such as procurement, records keeping, recording and bookkeeping.15. Implement operational best practices16. Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package17. Supervise acquisition due diligence and negotiate acquisitionsControllership Duties 18. He shall be responsible for presenting and reporting accurate and timely historical financial information of the company19. He must submit and present to the management accurate and timely Financial Report of the company and its subsidiaryFinancial Information Duties 20. He shall be responsible to oversee the issuance of financial information21. He must ensure the accuracy and personally approve as CPA and review all MAS, ACRA, BIR and SEC updates and reportorial requirements on a regular basis. 22. Report financial results to the board of directors Treasury duties:23. He shall be responsible for the company's present financial condition, and provide in-depth review and recommendation on the where and how to invest the company's money, taking into consideration the risk ad liquidity of the company.24. In addition, he must oversee the capital structure company, determining the best mix of debt, equity and internal financing. Addressing the issues surrounding capital structure is one of the most important duties of a CFO.Risk Management 25. Understand and mitigate key elements of the company's risk profile26. Monitor all open legal issues involving the company, and legal issues affecting the industry27. Construct and monitor reliable control systems28. Maintain appropriate insurance coverage29. Ensure that the company complies with all legal and regulatory requirements30. Ensure that record keeping meets the requirements of auditors and government agencies31. Report risk issues to the audit committee of the board of directors32. Maintain relations with external auditors and investigate their findings and recommendations Economic Strategy and Forecasting:33. Not only is a CFO responsible for a company's past and present financial situation, he is also an integral part of a company's financial future, thus he must be able to identify and report what areas of a company are most efficient and how the company can capitalize on this information.34. This aspect of a CFO's duties also includes economic forecasting and modeling - in other words, trying to predict (given multiple scenarios) the best way to ensure the company's success in the future.Funding 35. Participate in developing new business, specifically: assist the MD in identifying new funding opportunities, the drafting of prospective programmatic budgets, and determining cost effectiveness of prospective service delivery.36. Perpetually monitor cash balances and cash forecasts of the company.37. Arrange for debt and equity financing, Invest funds, Employee Provident Fund investments.Third Parties 38. Participate in conference calls with the investment community39. Maintain good banking relationships, with existing and future relations.40. Represent the company with possible investment bankers and investorsWorking Conditions: Working conditions are normal for an office environment. Working hours are generally 9am to 6pm, Monday to Friday. However, you may need to work some evenings or weekends when organizing or attending events or when working on a big clients or report preparations. And travel to company subsidiaries will be necessary, as well as for investor road shows.Accountabilities: The position is held accountable for the Financial and Fund management of the companJob Types: Full-time, PermanentSalary: Php95,000.00 - Php190,000.00 per monthBenefits:

  • Company car
  • Company events
  • Employee stock ownership plan
  • Health insurance
  • Opportunities for promotion
  • Promotion to permanent employee
Schedule:
  • 8 hour shift
  • Day shift
Supplemental Pay:
  • 13th month salary
  • Performance bonus
  • Yearly bonus
COVID-19 considerations:
Hybrid working arrangementExpected Start Date: 08/11/2022

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Job Detail

  • Job Id
    JD1104213
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Makati, Philippines
  • Education
    Not mentioned