Executive Search Firm Monroe Consulting Group Philippines is recruiting on behalf of a reputable pharmaceutical manufacturing company. Our respected client is seeking a CFO who will be responsible for the Finance, Treasury and Information Technology (IT) and New Business Development Departments. Directs the establishment of the Company's business plan; determines that the parts of the plan are sound; appraises the adequacy of the plan; and reports any finding to the President and General Manager
Job responsibilities:
DAILY / WEEKLY
- Approves check voucher set, importation and bank documents, and other pertinent accounting records, reviews daily cash position report.
- Checks and counter-signs letters of Finance managers addressed to third party (clients, suppliers, bank officials, government agencies, etc.
- Handle client's communications related to the Company's controllership and IT functions.
- Analyzes and approves full cost of materials, toll fees and assay charges as basis of regular proposals; reviews acceptability of client's counter-proposals.
- Prepares / Drafts letters addressed to the client's Presidents / General Managers related to the proposed toll fees, assay charges and counter-proposals. These letters are signed by the President and General Manager as the case maybe.
- Attends the weekly staff meeting together with the other senior managers and the President and General Manager.
- Coordinates with other departments regarding finance and IT related matters.
- Attends meetings with clients as necessary to discuss new product pricing and issues.
MONTHLY
- Reviews monthly Hyperion Reports; determines accuracy and reliability of information contained in this report; interprets financial data.
- Reviews monthly financial reports to be used internally (Hong Kong) and Key Executives of the company) and externally (Board of Directors, Stockholders, Government Agencies, Financial Institutions).
- Provides analytical data, evaluates financial conditions and results of operations against standard rations, credit agreements, loan covenants, etc.; consolidated corporate plans in financial terms; evaluates reasonableness of plan/plan against targets and recommends changes, if any; summarizes major aspects of plan and presents to Management for approval.
- Reviews IT operational requirements and evaluates status of all IT related projects
- Attends executive committee meetings.
- Attends meetings with clients together with the President and General Manager to negotiate regular toll fee / assay proposals, new products and clients counter-proposals and clients' counter-proposals; issues and concerns.
AD-HOC
- Provides basic financial guidelines for preparing financial plans (annual budget, five-year forecast)
- Formulates accounting and IT policies, circulars and memoranda.
- Facilitates Finance, IT Dept and NBD meetings and Mancom meetings in the absence of the President and General Manager.
- Facilitates brainstorming sessions with Finance, IT and NBD Managers in the continuous effort to identify ways on how to streamline the Company's accounting, IT related systems and New Business Division
- Coordinates with external auditors, corporate lawyers, and corporate insurers on financial matters as the need arises.
- Represents the Company in business and industrial organizations and in dealings with banks and financial institutions.
- Prepares and/or reviews for accuracy and completeness of information contained in annual reports to third parties.
- Reviews all releases and announcements dealing with financial data made as part of the investors relations activities.
- Represents the Company in dealings with stockholders, especially regarding queries on results of operations of the Company and/or corporate dividends declared.
- Responsible for ensuring adequate security and confidentiality of financial records.
- Prepares merit appraisals of employees directly supervised.
- Handles other assignments that may be assigned by the President and General Manager.
Job requirements:
- College Education with a degree in Business Administration or Commerce majors in Accounting preferably passed the Government Licensure Examination.
- Minimum of 5 years relevant work experience as Finance Controller in manufacturing industry preferably in Pharmaceutical, Food, and Cosmetics.
- Must be computer literate preferably in SAP.
- Must be able to interpret financial / Management reports.
- Must be able to work under pressure with minimum supervision.
- Must have an extensive knowledge of the generally accepted accounting policies and tax regulations and other government and Regulatory body's regulations.
- Must have excellent verbal and written communication skills.