Head of Finance

Manila, Metro Manila, Philippines
PHP 150,000
Business Services
Accounting and Finance

Executive recruitment company Monroe Consulting Group Philippines is recruiting on behalf of a tech and data-driven B2B platform that enables both the sale and acquisition of second hand luxury goods to and from auctions, retailers, e-commerce platforms and stores worldwide.

The Head of Finance is expected to provide oversight on all activities of the Finance Department, including financial planning and analysis, finance operations, global compliance, and controllership.

Job responsibilities:

  • Control revenue bleeding through pricing guidelines and revenue leakage controls
  • Manage FTE through process optimisations and improvements
  • Liaise with different service providers to deliver savings in forex spread, transaction costs and float
  • Maintain a healthy level of working capital, and generate more free cash flow for merchandise procurement
  • Oversee contract commercials to minimise exposure of the organisation to penalties and undue costs
  • Reduce receivable turnover period through quick response to problematic accounts, optimisation of current collection protocols, and maintenance of good client relationships
  • Maintain a timely inventory turnover period through consistent support/monitoring of lent goods sales contribution, and review of all new goods suppliers
  • Increase payable deferral period through oversight and finance/compliance support on contracts with Buyback partners
  • Attend to all global compliance requirements of the organisation
  • Liaise with the service providers in Hong Kong, Japan, and EU countries to ensure compliance on jurisdictions of operations
  • Ensure high level performance of the team
  • Ensure alignment of vision-mission of the Group and the department to the team, ensuring harmony and bettering morale

Job requirements:

  • Degree in Accountancy, Financial Management or similar undergraduate studies
  • Minimum of 5 years of combined working experience in finance operations, controllership accounting and compliance, and/or assurance/audit
  • Minimum of 2 years' experience in handling and coaching direct reports
  • Professional certification (CPA, CMA) is a plus, but not required
  • Relevant experience in projects which assess commercial viability of campaigns, or new products
  • Experience handling BI tools or data mining techniques is an advantage
  • Should have solid understanding on tax principles and VAT compliance rules (e.g. input-output mechanism)
  • Should have relevant experience in collections and problematic accounts management
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