Finance Officer

ABS-CBN Corporation

  • Quezon City, Philippines
    Ground Floor ELJ Building, ABS-CBN Compound, Mother Ignacia Avenue, 1100 Metro Manila, Quezon City, Metro Manila, Philippines
    Quezon City
    Metro Manila
    Philippines
  • Full time
Posted a month ago and deadline of application is on 14 Mar
Recruiter was hiring 5 hours ago

Finance Officer

ABS-CBN Corporation

Job Description

  • 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.

Major 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 (e.i. 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 replenishments, cash advances and other related transactions. This includes 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, if any.
  • 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 improvements on the control and procedures.
  • facilitates discussion of audit findings and recommends formulation and implementation of policies as needed.
  • monitors implementation of audit recommendations brought about by audit findings.
  • responsible for identifying gaps and inefficiencies in the existing financial and operational 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 for 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 maybe 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.

Minimum Qualifications

REQUIREMENTS
• Candidate must possess at least a Bachelor's/College Degree, Finance/Accountancy/Banking, Business Studies/Administration/Management or equivalent

• At least 3-5 years of working experience in the related field is required for this position

Required Skills

  • Action Planning
  • Auditing and Compliance
  • Judgement and Decision Making
  • Financial Reporting
  • General Accounting
  • Accounts Payable
  • Budgeting

Preferred Courses

  • Accountancy
  • Applied Economics [Financial Economics] and BS Accountancy
  • Business Administration [Business Management]

Jobs Summary

Job level
Mid-Senior Level / Manager
Job category
Accounting and Finance
Educational requirement
Bachelor's degree graduate
Recruiter response to application
Once in a while 
Office Address
Ground Floor ELJ Building, ABS-CBN Compound, Mother Ignacia Avenue, 1100 Metro Manila, Quezon City, Metro Manila, 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 Corporation is the Philippines’ leading information and entertainment multimedia conglomerate. The Company is primarily involved in television and radio broadcasting, as well as in the production of television and radio programming for domestic and international audiences and other related businesses. ABS-CBN produces a wide variety of engaging, world-class entertainment programs that are aired on free-to-air television. The Company is also one of the leading radio broadcasters, operating eighteen radio stations throughout the key cities of the Philippines. ABS-CBN provides news and entertainment programming for nine channels on cable TV and operates the country's largest cable TV service provider. The Company also owns the leading-cinema and music production and distribution outfits in the country. It brings its content to worldwide audiences via cable, satellite, online and mobile. The Company has interests in content development and production, cable and satellite television services, merchandising and licensing, mobile and online multimedia services, glossy magazine publishing, video and audio post production, and overseas services, all of which complement and enhance ABS-CBN's strength in content production and distribution.
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