Executive search firm Monroe Consulting Group is recruiting on behalf of a global leader in construction industry. Our reputable client is currently searching for Finance Manager who is amenable to work in a day shift, onsite work arrangement. The office is located in Makati City.

About the role:

• Responsible for managing the financial operations of the company, ensuring financial stability and growth.
• Overseeing the budgeting process, analyzing financial data, and providing recommendations to senior management on financial decisions.

Key responsibilities include:
Financial Planning and Analysis

• Develop and maintain financial models to support business planning and forecasting (Accuracy of financial forecasts)
• Analyze financial data and provide insights to senior management (Number of actionable insights provided to senior management)
• Monitor and analyze key financial performance indicators and report on trends and variances (Percentage of budget variances identified and explained)
• Develop and implement financial strategies to improve the company's financial performance (Timeliness of financial reports)
• Review reports of securities transactions or price lists to analyze market conditions.

Budgeting and Expense Management

• Develop and manage the company's annual budget (Adherence to the budget)
• Monitor and control expenses to ensure adherence to the budget (Cost savings achieved)
• Implement cost-saving measures to improve profitability (Percentage of budget utilization for each department or business unit)
• Provide regular reports on budget performance to senior management (Number of budget revisions required)

Financial Reporting and Compliance

• Ensure compliance with financial regulations and laws (Accuracy and timeliness of financial reports)
• Prepare and submit financial reports to regulatory authorities (Number of regulatory compliance issues identified and resolved)
• Oversee the preparation of tax returns and financial audits (Number of financial audit findings and their severity)
• Develop and implement internal financial controls to ensure the integrity of financial data (Implementation of internal financial controls)

Cash Flow Management

• Develop and implement strategies to optimize cash flow (Days Sales Outstanding (DSO) or the average time taken to collect payment from customers)
• Forecast cash flow and develop cash management strategies (Days Payable Outstanding (DPO) or the average time taken to pay vendors and suppliers)
• Monitor and manage the company's cash balances and investments (Cash conversion cycle (CCC) or the time taken to convert cash invested into inventory into cash received from sales)
• Ensure that adequate funds are available for business operations and investment opportunities (Percentage of cash reserves compared to the company's financial obligations)

Team Management

• Hire, train, and manage finance department staff (Employee turnover rate)
• Develop and implement performance metrics to measure the performance of finance department staff (Time-to-hire for open finance department positions)
• Provide ongoing coaching and feedback to staff to improve their skills and performance (Employee engagement and satisfaction)
• Develop succession plans for key finance department positions (Development of successors for key finance department positions)
• Plan, direct, or coordinate the activities of workers in branches, offices, or departments of establishments, such as branch banks, brokerage firms, risk and insurance departments, or credit departments.

Other Matters

• Establish and maintain relationships with individual or business customers or provide assistance with problems these customers may encounter.
• Network within communities to find and attract new business.
• Prepare operational or risk reports for management analysis.
• Prepare financial or regulatory reports required by laws, regulations, or boards of directors.

Key requirements include:

• Strong background in general accounting practices and principles.
• Minimum of 5 years of experience in a supervisory or managerial role within the accounting field.
• Holds a valid and current license relevant to finance or accounting (e.g., Certified Public Accountant).
• In-depth knowledge of financial reporting, budgeting, and forecasting.
• Proficient in financial analysis, including variance analysis and financial performance evaluation.
• Familiarity with financial systems and software, such as ERP systems and financial modeling tools.
• Excellent understanding of regulatory and compliance requirements related to finance and accounting.
• Demonstrated ability to lead and manage a team, ensuring accurate and timely completion of financial tasks.
• Strong analytical and problem-solving skills, with the ability to provide strategic financial guidance to senior management.
• Effective communication and presentation skills, with the ability to convey complex financial information to both financial and non-financial stakeholders.