Senior Finance Manager

The Finance Manager is responsible for all the financial aspects of the company. This includes financial reporting on a timely basis, maintaining bank and other credit institution relationships, cash management, budget preparation, contract review and approval, coordination of annual audit, tax returns, governmental information returns and overall interface between the Finance and Accounting Department with the various departments within Tim Hortons Philippines.

Roles & Responsibilities

FINANCIAL MANAGEMENT & COMPLIANCE

Responsible for oversight of day-to-day finance and accounting operations (including general ledger, accounts payable and receivable, fixed assets, prepaids, credit card expense reporting, payroll processing and monthly reconciliations) to ensure timely and accurate financial information with appropriate internal controls.

Prepare timely and accurate financial reports monthly, quarterly, and annually in accordance with PFRS and other relevant standards, and provide other financial information to the Chief Executive Officer, other members of the Management Team, Board of Directors, as appropriate, to inform decision making and action initiative. Financial performance reports vs to budget and historical data are also required.

Lead annual audit process, ensuring year-round compliance with PFRS and applicable accounting standards.

Review and manage, and establish as needed, new internal systems and controls, operations, processes and financial procedures to ensure the integrity of financial information and reporting.

Communicate with staff and board, orally, in writing, through reports and visual representation, to provide financial updates and overviews, support a strong culture of financial oversight, and support staff and board fiscal literacy.

Review and approve payroll and ensure that both employer and employee contributions are made accurately and employee vesting is updated in a timely manner.

• Oversee vendor and contract management, lease agreements and contractual policies and procedures from a finance perspective;

Evaluate and administer risk management and insurance policies.

FINANCIAL PLANNING & ANALYSIS

Manage the annual budgeting process, based upon most recent data and information available including preparing projections from departmental operating plans and conducting financial review and analysis to present budget scenarios for Management and Board discussion prior to finalizing subsequent fiscal year budget.

Provide variance analysis, forecast and management reports (i.e. sales and profitability reports) on a timely basis during the year.

Prepare cash flow projections based on existing balances (cash, receivables, lines of credit, accounts payable, commitments, budget items and most recent knowledge of operating plans.

Provide financial input to long-term strategic plan development

TREASURY & TAX

Responsible for the Cash Management which includes managing company’s assets to maximize liquidity and reduce risks.

Ensures that the company has a steady cash flow, secures any funding that may be needed and explore investment options for excess cash.

Manage and plan all tax-related activities including the timely and accurate preparation of all tax returns and other information as required by governing bodies.

Ensures that all tax filings and payments are in compliance with any government requirements to avoid interest fees or penalties.

Ensure compliance to all statutory requirements such as business permits, BIR registration

Qualifications :

Educational Background

Bachelors degree in Finance, Accounting, Business or other related field

A professional designation in accounting, auditing or financial analysis is preferred.

Certified Public Accountant (CPA) preferred

Master in Business Administration preferred

Work Experience & Qualifications

Minimum of 15 years successful financial management experience in positions with increasing responsibility in the Finance organization with large or multinational companies

Experience conducting month-end and year-end close, cost allocation, revenue recognition, budget creation and management, cash management.

Experience in Financial Planning & Analysis including creating annual budget, quarterly forecast, variance analysis.

Outstanding communications skills (written, oral and interpersonal)

Ability to interpret complex financial data concisely to a range of different audiences

Solution-oriented and able to manage change in a growing organization.

Ability to motivate staff, help establish realistic performance goals and evaluate staff for goal achievement, including compensation and responsibility enhancement.

Possess high level of integrity and professionalism, an excellent work ethic, positive and infectious attitude, enjoys supervising and building a team

Highly motivated and highly organized and able to juggle competing priorities; i.e. prioritize in a fast-paced environment