Finance Officer

JOB SUMMARY

• RFP Review and Budgeting

a. Check all RFP routed for processing, identify the Source of Fund and approve/disapprove through Smartsheet.

b. Review the validity/correctness of the request in terms of the projected budget.

c. Make sure that the requested disbursement will be properly funded.

d. Prepare RFP for Fund Transfers from the projects mother account to the disbursement account whenever necessary.

• 2. Cash Position

a. Prepare weekly cash position based on the processed RFPs, released commissions, collection reports.

b. Monitoring of the actual cash inflow and outflow to maintain the project's cash balance.

c. Monitor actual expenses versus the projected budget submitted by each department.

d. Closely coordinate with Project Directors on issues of funding requirement and progress of the project.

• 3. Monthly Cash Flow

a. Maintain and update Cash Flow schedules based on the actual and projection in coordination with Project Director and Area Supervisor.

b. Update the Business Plan versus the Actual expenses.

c. Keep track of Advances To/From and the Repayment schedule.

• 4. Loan Application and Monitoring

a. Assist the Finance Area Supervisor and PD in the Bank loan application (Developmental Loan, Term Loan or Revolving Line) and project accreditation for CTS and REM Lines.

b. Prepare and submit to the bank the required document necessary for the loan application and approval of REM and CTS Lines.

c. Plan/project schedule of loan drawdown or availment for the project in coordination with the Project Director.

d. Submit reports/project update as required by Banks for loan renewal.

e. Assist the Finance Area Supervisor in the application of CTS and REM Lines to Banks and Funding Commitment Lines from Pag Ibig Fund.

f. In charge for the submission to the Banks/Pag Ibig Fund the required documents for the approval and renewal of these lines. Monitor the approval process and update the involved departments as necessary.

g. Monitoring of all active loans under the project including but not limited to CTS availments, term loans and developmental loans in relation to the following:

• i. Interest payment

ii. Redemption Value

• iii. DOU (Deed of Undertaking) Expiry

iv. PN (Promissory Note) Maturity / Renewal

• v. TCT (Transfer Certificate of Title) Release upon payment of Redemption Value

h. Create and route RFP for payment of loans, interests and redemption value.

i. Coordinate with the company documents custodian for proper storage and archiving of documents

required/needed for Bank Loans.

• 5. Special Duties and Assignment

a. Assists the Project Director in document compliance for BOI requirement

b. Ad Hoc Reports

• JOB QUALIFICATIONS

Graduate with a Bachelor's Degree in Financial Management, Banking and Finance, or any related field.

• With at least two (3) years of related working experience

Excellent communication skills and a team player

• Highly organized, detail-oriented, and able to multitask

Excellent analytical, problem-solving, and management skills.

• Proficient in the use of Microsoft Office applications

Willing to start as soon as possible

Job Types: Full-time, Permanent

Pay: Php25,000.00 - Php30,000.00 per month

Benefits:

• Company events

Health insurance

• Life insurance

Opportunities for promotion

• Promotion to permanent employee

Schedule:

• 8 hour shift

Day shift
Supplemental Pay:

• 13th month salary

Overtime pay

• Performance bonus

Ability to commute/relocate:
* Davao City: Reliably commute or planning to relocate before starting work (Required)