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Financial Controller
1 year ago
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The Finance Controller for the Asia Pacific Region (APAC) assists our Vice President of Finance in APMENA in ensuring rock solid accounting and reporting and as a pillar of controls and compliance by ensuring the following: Balance Sheet Integrity; Drive standardization, controls and compliance; Working capital optimization and management; Strategic finance transformation initiatives; Ad hoc projects and requests.
Balance Sheet Integrity:
- Ensure that there are sufficient controls in place to mitigate balance sheet risks including accuracy of the balance sheet which includes establishing formal monthly balance sheet reviews, including annual on-site coverage of balance sheet reviews (all units to be covered at least once annually).
Working capital optimization and management:
- Responsible for monitoring and enhancing working capital in the region through Cash and Bank, Accounts Receivable reviews, Accounts Payable reviews, formalizing collection terms, payment terms and monitoring any exceptions. Establishing and monitoring working capital targets and monitoring targets and initiatives with the units.
- Ensures appropriate governance/controls are in place and adhered to – in accordance with regional and Corporate Policies and Procedures.
- Coordinate with the units the implementation of internal audit action plans to assist internal audit in finance related activities.
- Explore opportunities to standardize processes, controls, month end close procedures to move towards centralization and simplification of month-end close process.
- Ensure that tasks delegated or assigned by Senior Management are carry out in a timely manner.
Drive Standardization, Controls and Compliance:
- Coordinate with the local units on establishing mitigating controls where SOD risks exist.
- Work with Corporate and local units to drive ICFR program in the APMENA region. Coordinate with the process owners and internal audit on entity level controls.
- Work with the internal auditors and the local finance teams to follow-up and support remediation of internal audit observations.
Strategic finance transformation initiatives:
- Collaborate with the VP Finance (APMENA) to enhance the current shared service team in Davao, and explore the transfer of additional accounting functions from DMIGAP (HK Office), as well as potential functions from Korea, Japan, and the MENA region
- To establish and standardize accounting and reporting procedures and Standard Operating Procedures (SOPs) to facilitate centralization of accounting operations.
- Accounting Qualification with at least 5+ years in a Senior Finance Position
- Reporting skills
- Understanding of how a corporate company operates
- Management Skills
- FMCG Background would be beneficial.