We are seeking a highly skilled and detail-oriented Financial Reporting and Compliance Lead to join our finance team in the Philippines. The successful candidate will be responsible for ensuring the accuracy, reliability, and integrity of the company's financial statements, while also ensuring compliance with all regulatory and statutory requirements. This role requires a deep understanding of Philippine Financial Reporting Standards (PFRS), tax regulations, and internal control frameworks.
Accountabilities
- Oversee the preparation and accurate reporting of all financial statements in compliance with PFRS and other relevant accounting standards.
- Ensure adherence to the Bureau of Internal Revenue (BIR) regulations, Securities and Exchange Commission (SEC) requirements, and other local compliance mandates.
- Coordinate with internal departments, external auditors, and tax advisors to ensure comprehensive audits and reviews.
- Stay abreast of changes in financial regulations and legislation that may affect the company's reporting and compliance procedures.
- Implement and maintain robust internal controls to ensure compliance with the Philippine's Financial Reporting Standards Council (FRSC) and other regulatory bodies.
- Manage a team of financial reporting professionals (Accounts Payable, Accounts Receivable and Tax Lead), fostering a culture of continuous improvement and professional development.
- Document financial processes and policies to ensure best practices and compliance.
- Oversee daily cash management, including monitoring bank account balances and preparing cash flow forecasts to ensure adequate liquidity for operational needs.
- Execute transactions such as fund transfers, payments, and trade finance activities with a high degree of accuracy and in compliance with internal controls.
- Maintain robust controls around bank account management, including the opening, closing, and updating of signatories for bank accounts.
- Conduct training sessions for company personnel on financial compliance and best practices as needed.
- Identify and assess financial risks related to compliance issues.
