Finance and Accounting Head

The Finance and Accounting Head is responsible for leading the company's finance, accounting, treasury, taxation, budgeting, and financial reporting functions across manufacturing, wholesale, retail, and e-commerce operations. This role will establish and strengthen financial controls, accounting processes, and reporting systems, including leading the implementation of the company's first accounting software and digital finance transformation initiatives.

The position plays a strategic role in supporting business growth, profitability, inventory management, and operational efficiency while ensuring compliance with Philippine accounting, tax, and regulatory requirements.

Key Responsibilities

• Develop and execute the company's financial strategy aligned with business objectives.
• Provide financial insights and recommendations to the Executive Team regarding profitability, cash flow, investments, expansion plans, and cost optimization.
• Prepare and present monthly, quarterly, and annual financial performance reports.
• Support strategic planning, budgeting, forecasting, and business decision-making.
• Monitor key financial and operational performance indicators.

• Oversee the preparation of accurate and timely financial statements in accordance with Philippine Financial Reporting Standards (PFRS).
• Ensure proper recording of all financial transactions across manufacturing, retail stores, e-commerce channels, and corporate operations.
• Manage the month-end and year-end closing process.
• Maintain the general ledger, chart of accounts, and accounting policies.
• Coordinate annual external audits and address audit findings.

• Establish and maintain an effective cost accounting system.
• Analyze product costing, production variances, labor costs, overhead allocation, and inventory valuation.
• Monitor manufacturing margins and recommend improvements.
• Collaborate with Production, Supply Chain, and Merchandising teams to improve cost efficiency and profitability.

• Oversee inventory accounting for raw materials, work-in-process, finished goods, and retail merchandise.
• Monitor inventory accuracy, stock aging, shrinkage, and inventory turnover.
• Reconcile inventory records between warehouses, stores, and accounting records.
• Review sales performance, gross margins, markdowns, and retail profitability.

• Manage cash flow planning, forecasting, and liquidity requirements.
• Oversee banking relationships and financing arrangements.
• Monitor accounts receivable, collections, accounts payable, and working capital.
• Ensure adequate controls over cash handling and disbursements.

• Ensure timely and accurate filing of all tax returns and statutory reports.
• Maintain compliance with requirements of:
• Bureau of Internal Revenue (BIR)
• Securities and Exchange Commission (SEC), if applicable
• Social Security System (SSS)
• PhilHealth
• Home Development Mutual Fund (Pag-IBIG)
• Other government regulatory agencies
• Coordinate tax audits and assessments.

• Design, implement, and strengthen internal controls, policies, and procedures.
• Ensure segregation of duties and proper authorization processes.
• Identify financial and operational risks and recommend mitigation measures.
• Establish controls appropriate for a growing retail and manufacturing organization.

• Lead the selection, implementation, and optimization of the company's first accounting software/ERP system.
• Review and redesign accounting workflows to improve efficiency and accuracy.
• Drive finance digitalization initiatives and automation projects.
• Ensure proper integration of accounting, inventory, purchasing, manufacturing, and retail systems.

• Lead, mentor, and develop the Finance and Accounting team.
• Establish performance standards and development plans.
• Foster a culture of accountability, accuracy, collaboration, and continuous improvement.
• Work closely with Operations, Production, Merchandising, Supply Chain, HR, and IT departments.

Qualifications

• Bachelor's Degree in Accountancy, Finance, or related field.

• Minimum 10 years of progressive finance and accounting experience.
• At least 5 years in a leadership or managerial role.
• Experience in manufacturing, retail, apparel, fashion, FMCG, or consumer goods industries is highly preferred.
• Strong experience in:
• Manufacturing cost accounting
• Inventory accounting and controls
• Financial planning and analysis
• Taxation and compliance
• External audits
• ERP or accounting software implementation
• Experience managing multi-location retail operations is an advantage.