SUBSIDIARY ABS-CBN Global
POSITION Financial Planning & Analysis Specialist - for pooling
WORK LOCATION National Capital Region
DATE POSTED February 21, 2024

BUSINESS SUMMARY

ABS-CBN Global utilizes the latest technology and available resources to provide Filipinos the most innovative products and services in content development and distribution, telecommunications, retail, money remittance, cargo forwarding, and social networking. 

ABS-CBN Global goes beyond content development and distribution as part of its mission to serve, empower, connect, and instill national pride among Filipinos worldwide. ABS-CBN Global provides products and services that enable Filipinos overseas to connect and nurture relationships with the Philippines and Filipinos worldwide.

RESPONSIBILITIES

    POSITION SUMMARY
     
    Scope of responsibility includes providing financial analyses and reporting, financial, cost and management accounting, budgeting and forecasting, business decision support, asset accounting, and review and implementation of internal control, processes and practices for assigned business units and product line.

    MAJOR DUTIES AND RESPONSIBILITIES
     
    FINANCIAL REPORTING AND ANALYSIS AND EXPENSE MANAGEMENT
    • Take the lead in the review of financial and operational results by providing standard and custom financial reports and analyses that are key to management decision (see Annex 1 for specific reports/analyses)
    • Perform analyses, make reasonable predictions on possible outcomes of business decisions and present alternative solutions and recommendations. (Business Decision Support – see Annex 1 for specific reports/analyses).
    • Review, validate and ensure timely and accurate recording of all business transactions, maintain complete and updated records of contracts and agreements.
    • LN/KR documents for all payment processing
    • All journal entries documents that are posted/will be posted to general ledger system.
    • Attend to all audit-related requirements and resolve all audit findings.
    • Prepare statutory reports and ensure compliance with regulatory requirements.
    • Understand the industry and competitive environment, continuously update and gather developments, and contribute relevant inputs to business decisions.

    BUDGETING AND FORECASTING
    • Drive the development, review and implementation of the ff:
      • Annual Budget
      • 5-Year Forecast
      • 3-month rolling forecast
      • Scenario and Sensitivity analysis
    • Monitor actual versus planned performance and interact regularly with business unit teams to assess results of initiatives, identify correct actions, as needed, and reevaluate future plans. Regular meetings shall include but not limited to the following;
      • Annual budget and 5-year plan preparation
      • Monthly review of budget utilization
      • Monthly forecast
      • Budget/Forecast recasting
      • Review/Update on marketing Initiatives.
    • Provide time and accurate variance analyses to business/support units.
    • Ensure that the annual budget, 5-year plan and rolling forecast are submitted timely and accurately.

    REVENUES AND ACCOUNT RECEIVABLES MANAGEMENT
    • Manage receivables and collections by providing analysis and support to business unit and sales teams.
    • Ensure that the committed DSO for business units is maintained and met during the reporting period.
    • Ensure that business units’ receivable balances are appropriately valued at balance sheet dates.

    COMPLIANCE AND CONTROL
    • Ensure business units’ compliance with approved policies and procedures.
    • Review existing systems, policies and procedures and identify gaps.
    • Document all the processes involved for the product and/or support units.
    • Recommend new or improvements to systems, policies and processes that will:
      • Institute adequate internal controls.
      • Optimize operational efficiency.
      • Promote integration with other systems and processes.
    • Ensure that all the recommendations adhere to all the Global business principles, requirements and/or policies.
    • Issue business alerts to business/support units for any event that may adversely impact the business/support units’ financial and operational performance and results.

    OTHER SERVICES
    • Perform other functions that may be assigned from time to time.

REQUIREMENTS

    • Graduate of a 4-year business or accounting course with at least three (3) years of experience
    • Strong financial modeling skills
    • Ability to read financial statements and interpret financial ratios.
    • Strong attention to details
    • Strong communication (written and oral and presentation skills. High level of proficiency to use desktop application such as MS Excel, Word and PowerPoint)
    • Ability to maintain cooperative working relationships with co-workers within and outside the Finance Department. Ability to act as a resource person to business/support units.
    • Ability to use existing systems (GOMS,SAP,CMS,ITS and EIS)
    • Ability to recognize continuous improvement in immediate area of responsibility including but not limited to the following:
    • Defining key processes
    • Identifying symptoms of inefficiencies and non-value adding processes
    • Recommending and implementing new and improved processes
    • Self-Driven, result-oriented with positive outlook and clear focus on high quality performance results.
    • Mature, credible and comfortable in dealing with business/support department heads.
    • Keen for new experience, accountability and responsibility
    • Able to work extended hours on occasions when required.

Preference will be given to candidates who APPLY ONLINE.