Entrepreneurship in the territories: is it the right time?
The Finance Officer will play a critical role in ensuring the smooth and efficient financial management of the Philippines program. Reporting to the Finance & Grant Manager (FGM), the Finance Officer is responsible for maintaining accurate accounting and finance records, supporting strategic financial planning, and ensuring compliance with organizational policies and regulatory requirements.
Primary Responsibilities:
The Finance Officer will be primarily responsible in the following areas of significance:
1. Accounting and Finance
- Conduct initial review of Payment and Cash Advance Request to ensure completeness of supporting documents. o Coordinate with staff should there be lacking/missing documents and forward to FGM for final review/verification & for payment.
- Support in preparing monthly/quarterly/annually budget projection, budget monitoring, and preparing proposal budgets to cover the required costs.
- Support in preparing cashflow to meet the monthly cash requirements.
- Managing daily finance and accounting activities, which includes cost allocation, payments, coding, advance, reimbursement, bank fees, petty cash, expense record, and supporting documents.
- Support on reviewing financial transactions, posting in SAP, filing & reporting.
- Support in preparing and submitting monthly and year-end closure of accounting reports; bank reconciliation, and balance sheet control accounts reconciliation according to WCS established procedures and deadlines.
- Work closely with the Service Provider to ensure prompt payment of taxes to BIR.
- Support the development and maintenance of accounting controls by preparing and recommending policies and procedures for the project team.
- Support in preparing internal and external audits, preparing audit responses, and ensuring implementation of accepted recommendations.
- Coordinating and providing guidance and assistance directly to staff to meet all requirements related to finance, accounting, and administrative policy and procedures.
2. Others
- Support procurement processing when applicable
- Perform other administrative and liaising functions as may be assigned by the line manager or the Senior Operations Manager.
