ABS-CBN Corporation
ABS-CBN Corporation

Finance Officer (Food and Beverage)  

ABS-CBN Corporation

  • Masbate City, Philippines
    Masbate City, Bicol Region, Philippines
    Masbate City
    Bicol Region
    Philippines
    Philippines
  • Full timeFULL_TIME

Expired 4 years ago

2019-10-08T16:00:00+00:00
Job closed.

Job Description

POSITION SUMMARY
Assist the Senior Finance Officer (SFO) on the overall direction and control of all financial concerns of Division handled. Scope of responsibility includes financial, cost and management accounting.

DUTIES AND RESPONSIBILITIES

Financial Reporting and Analyses

  • Provides financial ratios and analyses, and projected financial results of all projects/events/programs (involving financial resources) initiated by accounts. This is to assist management in determining which projects have minimal financial risks or which ones provide the best financial results.
  • Submits on time and the accurate financial reports (ie. division reports and its cost center operating expenses variances analysis of the current year vs budget vs previous period).
  • Prepares other financial reports, as requested

Accounts Payable Management

  • Reviews and/or approves requests for payment, liquidations and/or replenishment, cash advances and other related transactions. This includes the preparation and submission of transmittal reports.
  • Coordinates on liquidations of ASTL (subject to further evaluation of Shared Services)
  • Serves as point-person on tracking the status of payable documents
  • Accrues the unpaid/un-posted expenses
  • Ensures that all "cash" contract obligations with third-party organizer and promoters are processed on time
  • Controls and manages operating and general & administrative expenses

Budgeting and Forecasting

  • Assists in the preparation of the division's operating budget, GAEX, and CAPEX, align with the Corporate or Consolidated budget
  • Encodes budget and any revisions, thereof
  • Monitors and manages the actual expenses vis-a-vis approved budget on a monthly, annual or as required

Audit and Internal Control

  • Ensures compliance on policies and procedures
  • Coordinates with audit group or divisions for any improvement on the control and procedures
  • Facilitates discussion of audit findings and recommends formulation and implementation of policies as needed
  • Monitor implementation of audit recommendations brought about by audit findings
  • Responsible for identifying gaps and inefficiencies in the existing financial and operations aspects of each Division's business activities, and proposing solutions to address the gaps/issues
  • Initiates policy formulation depending on the requirement of the Division

Other Services

  • Ensures confidential data are kept with limited access
  • Coordinates and secures advice on tax issues affecting the Division
  • Reviews and approves ex-deal requirements, if any
  • Reviews of price quotations and related supplier accreditation documentation, e.g. FS reviews, if applicable
  • Assists in the business case formulation of new business or projects of the Division
  • Participates in the negotiations and reviews the contracts, MOAs or Deal Memos
  • Attends management and/or operations committee meetings
  • Performs other functions that may be assigned by the management from time to time

Problem Solving and Decision Making

  • Duties are diversified and involve general knowledge of company's policies and procedures; the use of set of generally accepted accounting - principles and updated taxes
  • Elevate to superior specific issues involving big amount of money or complex situations
  • Position-holder has flexibility to think out of the box, existing procedures or workflows with the end result of achieving the same, if not better, output

Major Internal and/or External Contacts

  • Management- Division handled and Corporate Finance
  • Executive Officer - for Operating Divisions
  • Corporate Services Group 1
  • Corporate Services Group 2
  • Suppliers, External Vendors etc.

Minimum Qualifications

  • Bachelor's Degree or equivalent in relevant work experience
  • Preferred CPA but not required
  • 1 year previous work related experience required. 2 years of previous work related experience preferred
  • Excellent computer skills including Microsoft Office applications.
  • Demonstrated excellence in time management skills
  • Excellent interpersonal, written, and oral communication skills
  • Ability to work in a team fostered environment
  • Ability to work in a multi-tasked environment
  • Ability to prioritize and organize work
  • Ability to adopt to a flexible schedule

Jobs Summary

Job Level
Associate / Supervisor
Job Category
Accounting and Finance
Educational Requirement
Bachelor's degree graduate
Recruiter response to application
Sometimes
Office Address
Masbate City, Bicol Region, Philippines
Industry
Entertainment / Film / News and Current Affairs / Public Service / Publishing / Digital, etc.
Vacancy
1 opening
Website
https://careers.abs-cbn.com/

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About ABS-CBN Corporation

ABS-CBN is considered one of the country’s leading media and entertainment companies, with service offerings across the different platforms of media, servicing a wide array of customer segments. As an organization, ABS-CBN affirms its mission of being in the service of the Filipino and all of its stakeholders worldwide. The company is driven to pioneer, innovate and adapt as it continues to provide information, news and entertainment that connects Filipinos with one another and with their community - wherever they may be. ABS-CBN is firmly committed to pursuing excellence. ABS-CBN’s line of businesses include: • Content Production and Distribution is comprised of content exhibition on free terrestrial television (TV), cable channels and on-line streaming platforms; global operations; films or movies; music; narrowcast; digital; print and on-line publications; and live events and concerts. • News and public affairs programs; News delivery platforms • The company delivers television programming outside of the Philippines to over 3 million viewers in North America, the Middle East, Europe, Japan, Australia, Canada, and other countries in Asia, through the internet and the Company’s global distribution platform, TFC, using DTH satellite service, cable television channels, IPTV, mobile applications and video streaming services. • Films • Music • Digital • Live events and concerts • Cable and broadband Teams working in ABS-CBN live out these core values, collectively called “The Kapamilya Way”: • Service Orientation • Meritocracy • Excellence • Teamwork and Partnerships • Teaching and Learning • Honesty, Integrity, and Respect

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