The Accounting Head is responsible for the overall financial health and strategy of the organization. This role oversees the preparation of accurate financial statements, ensures strict compliance with tax laws, and leads the preparation and analysis of income tax returns and organizational budgets. Knowledge of banking regulations, especially the Manual of Regulations for Banks (MORB). The ideal candidate must have deep expertise in financial reporting taxation, and Audit. With strong budgeting skills, and the ability to manage and develop a team of finance professionals.
Requirements
Key Responsibilities:
- Lead the preparation, analysis, and finalization of financial statements in accordance with applicable accounting standards (e.g., GAAP, IFRS, PFRS).
- Oversee the accurate and timely preparation, filing, and analysis of income tax returns and other tax-related submissions.
- Monitor changes in tax regulations and ensure organizational compliance at all times.
- Plan, coordinate, and supervise the preparation of the annual budget and financial forecasts.
- Provide senior management with timely and insightful financial analysis to support strategic planning and decision-making.
- Establish and enforce internal controls, accounting policies, and procedures to safeguard the company’s assets.
- Coordinate with external auditors, tax consultants, and regulatory agencies
- Ensure compliance with all applicable financial and banking regulations, especially provisions under the MORB, including capital adequacy, liquidity requirements, loan loss provisioning, and reporting formats.
- Monitor BSP circulars and updates to ensure policies and processes remain compliant with new regulatory guidelines.
- Oversee regulatory reporting to BSP and other agencies, ensuring accuracy and timeliness of reports.
- Ensure proper management of cash flow, expenditures, and financial risks.
Qualifications:
- Bachelor’s degree in Accountancy; Certified Public Accountant (CPA) is an advantage
- Strong knowledge of financial reporting standards, taxation laws, and income tax return preparation and analysis.
- Strong and practical knowledge of the Manual of Regulations for Banks (MORB) and experience in regulatory reporting to the Bangko Sentral ng Pilipinas.
- Proven experience in corporate budgeting, financial forecasting, and cost control principles.
- Proficiency in accounting software and advanced Microsoft Excel skills.
- Excellent communication, organizational, and problem-solving skills.
