Finance Manager
abbot
Taguig City, Philippines
2d ago

To administer, organize and supervise all financial and accounting activities in the Philippines organization to ensure accuracy and timeliness of transactions and reports, and their conformity with Generally Accepted Accounting Principles and financial policies and procedures.

Direct Reports (indicate number) : 0

Sensitive / confidential data handled :

Standard Product costs

Incentive calculations

Key Areas of Accountability :

Prepare and submit a detailed Financial Plan / Update package, LBE and other financial reports required by the Region / Area HQ.

Ensure that business and financial risks were considered during the planning and update.

Ensure profitability of contracts and maintain close coordination with Country Manager and Sales Executive Manager and provide suggestions on how to improve profitability of the business.

Monitor & control capital expenditures and SSG&A ensuring expenses will be incurred within the approved Plan / Update / LBE level.

Act as a direct contact with the company’s external and internal auditors on all financial matters including policies and procedures and coordinate all matters with the host division.

Establish internal control systems to ensure that financial policies / procedures (both local and international) are adhered to.

Maintain close coordination with CFS (Corporate Finance Services) to ensure timely collection and achievement of DSO. Also handles review of expenses posted by CFS and conducts monthly / quarterly review of balance sheet accounts.

Prepares incentive program and calculates quarterly / annual pay out for sales, TSS and TAS team with reference to Global Incentive Program of Diagnostics Division.

Review financial policies and procedures and identify needs for improvement. Implement new systems and controls to support the growing needs of the business and ensure that any changes are communicated for effective implementation.

Ensure compliance with the guidelines set by the OEC. Ensure compliance with FCPA and conflict of interest policies.

Job Specification

Knowledge & Experience :

Minimum of 5 years experience in accounting and / or financial management, planning, reporting and control

Professional Accounting qualification.

Fluent in financial and business communications and can effectively express self and ideas.

Competencies required :

Transparent

We know truth when we see it. We speak truth and can be trusted to say what we mean and mean what we say. Even when difficult, we say it like it is.

Build Organization and Inspire People

Attract and grow people to maximize the collective skills of the organization. Inspire and motivate them to achieve the organization’s strategic intent, vision and goals.

Create and sustain the organization and structure needed to support our people and business strategies.

Know the Business

Understand Abbott’s customers markets business operations and emerging issues. Base decisions on facts experience and logical assumption taking into consideration opportunity for gain resources constraints risk / reward and organizational values.

Drive Results

Establish high goals for organization success and personal accomplishment. Lead to meet or exceed those goals. Create a nimble organization that executes well and makes speed in achieving high quality results with competitive advantage for Abbott.

Make Difficult Decision

Make timely decisions in the face of obstacles difficulties and challenges. Act decisively demonstrating confidence and the strength of one’s convictions.

Commit the organization’s resources to achieve the company’s strategies taking calculated well-thought out risks when necessary.

Inclusive

We maintain an open and inclusive operating environment which is essential for encouraging healthy debates about issues throughout Abbott's organization.

We seek different approaches, perspectives, and thinking to ensure the best outcomes, for the company and the individual.

We are committed to a balanced

approach to diversity, recognizing how this differs across our many geographic countries and cultures.

Minimum Qualification :

Undergraduate Accounting Degree. Preferably a Certified Public Accountant.

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