Accounting Head (Thrift Bank) at Octal Philippines Inc.

Manila, Metro Manila, Philippines -

Full Time

Start Date

Immediate

Expiry Date

07 Jul, 26

Salary

0.0

Posted On

08 Apr, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial reporting, Taxation, Audit, Budgeting, Financial forecasting, Regulatory reporting, Manual of regulations for banks, BSP compliance, Financial analysis, Internal controls, Accounting policies, Cash flow management, Risk management, Microsoft excel, Accounting software

Industry

Information Technology & Services

Description

The Accounting Head is responsible for the overall financial health and strategy of the organization. This role oversees the preparation of accurate financial statements, ensures strict compliance with tax laws, and leads the preparation and analysis of income tax returns and organizational budgets. Knowledge of banking regulations, especially the Manual of Regulations for Banks (MORB). The ideal candidate must have deep expertise in financial reporting taxation, and Audit. With strong budgeting skills, and the ability to manage and develop a team of finance professionals. Key Responsibilities: Lead the preparation, analysis, and finalization of financial statements in accordance with applicable accounting standards (e.g., GAAP, IFRS, PFRS). Oversee the accurate and timely preparation, filing, and analysis of income tax returns and other tax-related submissions. Monitor changes in tax regulations and ensure organizational compliance at all times. Plan, coordinate, and supervise the preparation of the annual budget and financial forecasts. Provide senior management with timely and insightful financial analysis to support strategic planning and decision-making. Establish and enforce internal controls, accounting policies, and procedures to safeguard the company’s assets. Coordinate with external auditors, tax consultants, and regulatory agencies Ensure compliance with all applicable financial and banking regulations, especially provisions under the MORB, including capital adequacy, liquidity requirements, loan loss provisioning, and reporting formats. Monitor BSP circulars and updates to ensure policies and processes remain compliant with new regulatory guidelines. Oversee regulatory reporting to BSP and other agencies, ensuring accuracy and timeliness of reports. Ensure proper management of cash flow, expenditures, and financial risks. Qualifications: Bachelor’s degree in Accountancy; Certified Public Accountant (CPA) is an advantage Strong knowledge of financial reporting standards, taxation laws, and income tax return preparation and analysis. Strong and practical knowledge of the Manual of Regulations for Banks (MORB) and experience in regulatory reporting to the Bangko Sentral ng Pilipinas. Proven experience in corporate budgeting, financial forecasting, and cost control principles. Proficiency in accounting software and advanced Microsoft Excel skills. Excellent communication, organizational, and problem-solving skills.

Responsibilities

The Accounting Head leads the preparation of financial statements, tax returns, and organizational budgets while ensuring strict compliance with banking regulations. They also provide senior management with financial analysis and establish internal controls to safeguard company assets.