Company Profile:
Our client is a leading importer of fish products [ranging from frozen, dried, including commercial fishing] from neighboring countries in Asia, and they distribute these goods throughout the Philippines. Their mission is to provide high-quality fish products to customers at competitive prices.
They are committed to ensuring that customers receive the freshest and most delicious fish products available. Their team of experts carefully selects and inspects each product to ensure that it meets high standards. They are proud to be a trusted supplier of fish products in the Philippines.
Duties and Responsibilities:
ACCOUNTING & REPORTING
- Define and structure the Accounting Department’s responsibilities, ensuring coverage of all critical functions such as accounts payable, accounts receivable, financial reporting and treasury.
- Maintain a balanced approach between risk testing and compliance, incorporating preventive and detective controls across workflows.
- Establish clear accountability and segregation of duties to minimize risks of error, fraud, or non-compliance.
COMPLIANCE & TAXATION
- Maintain up‐to‐date knowledge of all new policies and regulatory requirements imposed by government agencies, and proactively integrate these into the company’s accounting and reporting practices
- Develop and implement lawful tax strategies that minimize the company’s tax liabilities, while reducing exposure to risks arising from incorrect or improper application of policies and regulations.
- Implement corrective actions should incorrect or improper procedures are identified
INTERNAL CONTROL AND RISK
- Establish and (continuously) refine the designed internal controls across all the accounting processes (also in the operations or other departments) to proactively safeguard the company’s assets
- Conduct periodic reviews of financial controls to assess effectiveness and recommend improvements
FINANCIAL PLANNING & ANALYSIS (Management Accounting)
- Provide an understandable accounting reports to the management to assist them into their decision and to ensure that assets are properly accounted for (must include inventory reports, p&l, variances, etc)
- Ensure timely forecasting and budget planning by properly projecting cash flows, revenues and expenses. (includes asset ratio, liquidity ratio, etc)
- Provide decision support to the management / owners by analyzing the decision options in the financial statements of the company
TREASURY AND CASH MANAGEMENT
- Ensures that the company is liquid to answer for short term and operations requirements
- Maintains relationships with the preferred bank of the company to optimize cost for banking products
- Monitors loan agreements, repayment and outstanding balances of the company
- Aligns treasury operations to support the operation’s growth (planning, forecasting, etc)
TEAM LEADERSHIP
- In support of the processes designed, he/she shall define positions that will ensure risk and controls are in place.
- Design hierarchy approvers to guarantee check and balances of the processes
- Train subordinates to become high performing employees by continuously testing their analytical and critical thinking capabilities