This position is responsible for acquiring, disposing and maintaining control of Capital Expenditures and ensuring that all fixed assets are properly recorded, and their locations are established. The position will also involved in preparing the annual budget process. The position is also responsible in analyzing financial reports and results, monitoring major variances from expenses and budget, identifying trends, interpreting data and key performance ratios, and coming up with recommendations for management guidance or decision.

Specific duties and Responsibilities:

Volume and Revenue

• Sales Revenue – Checks and ensures that Sales Invoice information is complete, correct and transaction must be recorded in appropriate account and must be supported by necessary documents.
• Ensuring the proper valuation of fixed assets recorded in the system.
• Track expenses and revenues vs. budget; reforecast and analyze fluctuations of prescribed ratios and report for management information or decision.

Profitability & Liquidity

• Cash Receipts – Checks and ensures that all cash receipts must be applied to appropriate receivables.
• Analyze expenditures and regularly coordinate with departments to meet costs within the projected growth.

Effectiveness and Efficiency

Monitoring of Variances

Maintain data on capital expenditures and operational expenses, analyze / unfavorable variances and trends for evaluation and decision making; notify and coordinate with departments for major variances; come up with reports and recommendations.

Coordination

Works with department managers, the controller to prepare Capital Authorization Request, if any and check the favorable/unfavorable variance on capital expenditures that cause such variance and also with the sales department to accurately record Sales transactions and liquidations.

Financial Internal Control

Safeguards the required financial internal controls in fixed asset management is in place and strictly implemented; and the assets, documents, reports are readily available for audit.

Documentation- Checking and ensuring that all transactions involving procurement, recognition, classification and capitalization of assets must be approved and recorded properly in the system. Checking and ensuring that all transactions involving Accounts Receivables, Sales and liquidations must be supported and recorded properly in the system.

Culture Formation and People Development

•  Policy Compliance – Ensures all company polices, operational procedures, safety guidelines, quality standards and other regulatory compliance requirements are observed and applied.

Business Growth

• Innovation – Recommends improvements or innovation to achieve savings from cash expenditures; prevention of cost; work simplification process; adoption of new design of system or technologies;
• Does other related duties and responsibilities that may be assigned from time to time.

• At least 1-3 years of experience
• Bachelor's degree required