Finance Specialist
Effectively implements highly technical and analytical finance functions in the areas of financial reporting and analysis, fund management and financial risk management summarized through the preparation of accurate and timely financial and compliance reports of accounts managed, conduct of timely financial and compliance monitoring, management of financial issues and recommendation of risk control mechanisms and policy and business process development.
DUTIES AND RESPONSIBLITIES
A. Management Financial Reporting and Analysis
1. Provides timely, accurate and analytical reports of handled accounts as a result of the conducted financial and compliance monitoring.
B. Funds Management
1. Monitoring of funds entrusted to project sub-grantees and staff such as Revolving Fund, Cash Advances and Petty Cash Fund which includes sub-grantee’s compliance to Memorandum of Agreement/Contract and financial reconciliation and staff’s compliance to finance policies and procedures.
2. Coordinates with the Operation Unit and extends assistance to sub- grantees relative to finances.
3. Conducts disbursement verification and financial reconciliation to sub- grantees.
4. Conducts finance orientation to new staff
C. Financial Risk Management
1. Conducts monitoring on the Unit’s compliance to internal policies and project agreements.
2. Reviews compliance of all staff to established financial business processes.
3. Reviews the effectiveness and efficiency of established business processes and recommends improvement.
4. Reviews the effectiveness of internal control policies and procedures and recommends improvement.
5. Reviews and addresses audit findings of internal, external and project auditors.
6. Manage financial issues, concerns and queries including but not limited to, finance policies, business processes and taxation.
7. Coordinates issues concerning fraud and staff misdemeanor relative to finance matters to HRD.
D. Others
1. Maintains an organized filing system for documents / records / reports.
2. Provides direct assistance to external auditors in the conduct of their audit.
3. Identifies areas for improvement or enhancement of financial policies, systems and procedures and recommends the same to the Finance Manager (FM).
Employer questions
- What's your expected monthly basic salary?
- Which of the following types of qualifications do you have?
- How many years' experience do you have as a Finance Specialist?
Company profile
Philippine Business for Social Progress (PBSP) is a private and non-profit foundation dedicated to promoting business sector commitment to social development. It was organized in December 1970 by 50 of the country's prominent business leaders, and has since grown to become the nation's largest and most influential business-led social development foundation. From an initial membership of 50 business companies, it has grown to more than 160 members, worked with some 2,500 partner organizations, provided over P4.6 billion in financial assistance which supported over 5,000 projects, and benefited close to 2.5 million poor households. For the past 32 years, PBSP has been the business sector's vehicle in delivering organized, professional, and sustainable assistance to the Filipino poor, particularly the landless farmers, fisherfolk, rural workers, urban poor, and indigenous cultural communities. An aggressive membership and corporate involvement program continuously invites corporations from all over the country to join the PBSP membership. As member companies, corporations commit to allocate 20 percent of one percent of net income before taxes to fund the Foundation's operations and programs. The Foundation considers as its key strengths: development technology, which is founded on the premise that development is about helping people to help themselves; and corporate support, in the form of financial resources, time and competencies that its member companies invest to help improve the quality of life of the Filipinos.
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