SUBSIDIARY ABS-CBN Star Cinema
POSITION Finance Analyst
WORK LOCATION National Capital Region
DATE POSTED August 04, 2022

BUSINESS SUMMARY

Experience Life through Movies

ABS-CBN Film Productions, Inc. or Star Cinema is one of the leading Filipino Film production and distribution outfit. It has produced more than 240 films in various genres that suit the preferences of Filipinos of all ages and background from anywhere in the world.

As of 2015, Star Cinema has captured more than 83% of the theatrical market share.  More than half of its total releases reached and exceeded the P200M mark in the box office with Sisterakas (2012) and It Takes a Man and a Woman (2013) earning more than P400M worldwide.  Girl, Boy Bakla, Tomboy has also reached more than P400M at the box office becoming the highest grossing Filipino movie of all time.

Star Cinema continues to dominate the industry by producing multi-awarded and box office movies that set the trend in Philippine cinema.

RESPONSIBILITIES

    Job Summary:

    Responsible in assisting the Finance Officer for the overall direction and control of all financial concerns of  ABS-CBN Music. Scope of responsibility includes providing the Finance Officer detailed analysis and preparation different financial data or reports that the divisions may require.  Acts also as a business partner to assigned business unit or department.  
     

    Duties and Responsibilities:
    FINANCIAL REPORTING AND ANALYSIS

    • Responsible for timely posting of month-end closing entries
    • Responsible for the timely and accurate submission of internal and external reports required of the Service Units and Corporate Finance
    • Responsible for monitoring actual cost versus approved budget per project

    BUDGET REVIEW

    • Responsible in assisting the FO and business units in the preparation and review of profit and loss budget
    • Ensures reasonableness and accuracy of projected revenue and cost 
    REVENUE ACCOUNTING
    • Ensures timely submission of billings to SSC
    • Ensures that all billings are supported with fully signed contract
    • Determine proper recognition of revenue accrual
    • Assists in efficient collection of receivables

    COST ACCOUNTING

    • Ensures all request for payment are within the approved budget
    • Ensures completeness and correctness of supporting documents
    • Ensures timely submission of request for payments to approvers and SSC for processing 

    SONG DATABASE MAINTENANCE

    • Ensures timely approval of songs requests from label heads
    • Ensures song requests are approved by Music Core Group and are covered with contracts
    • Monitors song request exceptions and ensures completion and compliance by the label heads
    • Creates internal order necessary in the activation of songs
    • Validates song details and activates songs

     POLICIES AND PROCEDURES

    • Responsible for the proper implementation of the company’s policies, reporting to the Finance Officer identified gaps and inefficiencies in the existing financial and operational aspects of the Division’s business activities, and proposing solutions to address the gaps/issues

    AUDIT AND INTERNAL CONTROL

    • Ensures compliance on policies and procedures throughout the organization
    • Arranges the periodic review of practices, procedures and systems within the functional area of responsibility and take necessary actions to ensure compliance with Company policies
    • Reviews proposals for significant new practices, procedures, and systems to determine whether Company requirements are satisfied and recommend approval or modification

    OTHER SERVICES

    • Assists the Finance Officer in providing expert advice on tax issues affecting the Divisions handled
    • Serves as advisor to divisions assigned with regards to billing request, cost estimates, and other financial related matters
    • Performs other functions that maybe assigned by the Finance Officer or the Division being handled from time to time.

     

REQUIREMENTS

    Qualifications:

    • Graduate of BS Accountancy or any related business course
    • Minimum of 2 years of relevant experience in corporate finance, financial analysis, and other related fields
    • CPA license or an MBA degree is an advantage
    • Proficient in MS Office applications (Excel, Powerpoint, and Word)
    • Preferably with exposure to SAP financial tools

Preference will be given to candidates who APPLY ONLINE.