Finance Manager - #130276

The Nazareth School of Lipa City


Date: 1 week ago
City: Lipa City, Calabarzon
Contract type: Full time

The Finance Manager plays a crucial role in overseeing the financial operations and ensuring fiscal responsibility within the educational institution. This position involves managing budgets, financial reporting, compliance, and providing strategic financial guidance to support the school's overall mission and objectives. The Finance Manager should be dedicated to supporting the financial health of the school and contribute to the overall success of the institution.

Primary Duties and Responsibilities

1. Budget Management:

- Develops and monitors annual budgets in collaboration with school leadership.

- Provides accurate and timely financial reports to stakeholders, highlighting budget variances and financial performance.

- Works with department heads to ensure adherence to budgetary guidelines.

2. Financial Reporting:

- Prepares and presents financial statements, including income statements, balance sheets, and cash flow statements.

- Generates periodic financial reports for the TNSLCI Board of Trustees, administration, and other relevant parties.

- Ensures compliance with accounting standards and regulatory requirements.

3. Cash Flow Management:

- Manages the school's cash flow to ensure smooth operations and timely payments.

- Monitors and forecasts cash needs, and recommend appropriate actions to address any shortfalls or surpluses.

4. Financial Analysis:

- Conducts financial analysis to support strategic decision-making.

- Provides insights into cost-saving opportunities and revenue enhancement strategies.

- Analyzes financial trends and recommend adjustments as necessary.

5. Risk Management:

- Identifies financial risks and implements strategies to mitigate them.

- Maintains internal controls and ensure compliance with financial policies.

6. Vendor Management:

- Negotiates contracts with vendors and suppliers to ensure cost-effectiveness.

- Monitors vendor performance and ensure timely payment of invoices.

7. Collaboration and Communication:

- Collaborates with other departments to gather financial information and support decision-making.

- Communicates financial information clearly to non-financial stakeholders.

8. Audit Preparation:

- Prepare for and coordinate external audits.

- Address audit findings and implement corrective actions as needed.

9. Professional Development:

- Stays informed about changes in accounting standards and financial regulations.

- Attends relevant training and professional development opportunities.

10. Miscellaneous:

- Performs other functions germane to the position as may be assigned by the superior and other school officials from time to time.

Qualifications:

- Bachelor’s degree in Finance, Accounting, or a related field (Master’s degree or CPA preferred).

- Proven experience in financial management, preferably in an educational setting.

- Strong knowledge of accounting principles, budgeting, and financial reporting.

- Excellent analytical and problem-solving skills.

- Effective communication and interpersonal skills.

- Proficiency in financial software and Microsoft Office applications.

Working Conditions:

This position typically involves working during regular school hours. However, occasional evening or weekend hours may be required during special events or peak periods.

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