Financial Reporting Manager

The Financial Reporting Manager is mainly responsible for providing the Filinvest management (i.e., FLI Excom, Board, and FDC Controllership) with timely and accurate financial and management reports and ensuring compliance with reportorial requirements from several regulatory agencies (i.e., SEC, PSE, PEZA and BOI).

He/She reviews the financial performance of the Non-REIT Office Division, per project/Company, and provides inputs to management and to these entities/properties on improving profitability, cashflows, and balance sheet management.

He/She aims to continuously improve the finance and accounting policies, systems, and procedures and initiates spend management programs within the Group.

Duties And Responsibilities

1. Financial, Management and Regulatory Reporting

• Reviews/presents monthly financial and management reports (entities/non-REIT office divisions and business segment) and provides explanations on financial results (actual vs. comparable period; actual vs. budget with inputs coming from budget team and finance counterparts in other segments) including inputs to improve financial performance.
• Prepares/reviews financial reports as generated by shared services.
• Prepares and/or reviews quarterly and annual statutory reports (SEC), and reports to other regulatory agencies (PSE, BOI, PEZA) and other special purpose reports for fundraising activities.
• Ensures compliance with reporting deadlines set by internal and external users of financial information.
• Liaises with external auditors for statutory audits and other engagements, including preparation/review of required analyses and schedules.
• Analyzes per project financial performance, and provides recommendations to improve profitability.
• Ensures an efficient system to track and evaluate related party transactions; monitors compliance to management action plans in relation to external/internal audit findings; establishes and manages the risk management system in relation to financial risks; prepares materials for the ARMOC.
  
  
  

2. Controls and Analysis

• Evaluates significant financial transactions including evaluation of investments made; conducts detailed periodic review of performance of FLI Non-REIT Office Leasing, divisions and entities, and provides inputs to management and to these division/entities on improving profitability, cashflows and balance sheet management.
• Establishes/ implements dashboard and data analytics and reporting to assess, develop and monitor strategies to improve financial and operational performance.
  
  
  

3. Policies, Procedures and Systems Improvements

• Enforces accounting policies, provides management with clarification and analysis of the impact of implementing new accounting standards, and the financial impact of changes in regulation of other regulator bodies (e.g., BIR, PSE, BOI, etc.); recommends appropriate strategy and ensures identified action steps are implemented to comply with these changes on or before the effectivity period.
• Works with Business Systems and Intelligence and CTI in improving and automating systems and procedures within his/her area of responsibility and collaborates with other teams in improving the overall financial controls within the Group; ensures that data to be integrated/migrated into new or existing systems are complete, accurate and provided in accordance to timeline.
  
  
  

4. Others

• Supervises and counsels the corporate accounting team, including monitoring performance (employee-management) and training and development.
• Assists in preparing bids for government and non-government contracts.
• Extends assistance to other finance teams for critical projects.
• Other assignments/tasks that may be assigned from time to time.
  
  
  

Qualifications

• At least 5 years of experience handling financial reporting, preferably in the real estate industry.
• Proven knowledge of bookkeeping and accounting principles, practices, standards, laws and regulations and with experience in handling financial consolidation.
• Advance computer skills on MS Office
• Proficient in using ERP (SAP, IFCA, etc.)
• Strong interpersonal, people management and development skills (management experience)
• Effective business communication skills.
• High attention to detail and accuracy
• Ability to handle large amounts of data
• Analytical and critical thinking
• Organization and prioritization skills