Finance Supervisor

Key Responsibilities:

1. Accounting & Financial Reporting

• Manage the day-to-day accounting operations of the Philippine entity, including monthly, quarterly, and annual closing. Handle and review accounting transactions for general ledger, accounts receivable, accounts payable, imported vehicles and spare parts inventory, fixed assets, and accrued liabilities, including warranty provisions and dealer incentive accruals. Ensure accounting records are accurate, compliant, and completed on time in accordance with Philippine Financial Reporting Standards (PFRS).
• Support the preparation of financial statements and management reports in accordance with Philippine regulatory requirements, including SEC and BIR requirements, as well as the requirements of the parent company. Provide financial data for group consolidation, intercompany reconciliation, and related-party disclosures. Support the preparation of documentation for the annual statutory audit.
• Maintain proper accounting documentation and records, including vouchers, ledgers, financial statements, business contracts, tax invoices, customs import duty and tax documents, and other relevant financial records, ensuring completeness and traceability.
• Perform monthly intercompany reconciliations with related entities and maintain the intercompany transaction register, ensuring data accuracy and supporting transfer pricing documentation.

Tax Compliance & Tax Operations

• Manage day-to-day Philippine tax compliance, including VAT (12%), Expanded Withholding Tax (EWT), Creditable Withholding Tax (CWT), Corporate Income Tax, Documentary Stamp Tax (DST), and Automotive Excise Tax. Perform tax calculations, filings, payments, and annual tax compliance activities. Maintain detailed EWT records to ensure tax compliance.
• Liaise with the Bureau of Internal Revenue (BIR), Bureau of Customs (BOC), and external CPA/tax advisors. Prepare required documentation, support tax inquiries and audits, maintain proper records of import duties and excise tax payments, and monitor changes in Philippine tax regulations to ensure timely updates to accounting and tax treatments.
• Manage employee individual income tax compliance and statutory employee benefits, including 13th-month pay, Social Security System (SSS), PhilHealth, and Pag-IBIG contributions. Ensure proper calculation, filing, and payment, as well as compliance with applicable tax-exempt benefit limits.
• Manage the full lifecycle of BIR-registered invoices and receipts and monitor input VAT documentation and credit risks. Support the preparation and collection of documentation for applicable tax incentives, including incentives related to electric vehicles.

Treasury & Foreign Exchange Management

• Support the Finance Manager in preparing cash flow budgets and forecasts by collecting and consolidating relevant data. Execute daily payment activities and review supporting documentation to ensure timely payments for vehicle imports, operating expenses, payroll, dealer-related payments, and other business expenses.
• Support local banking activities, including day-to-day bank account operations, bank reconciliations, and filing of banking documentation. Execute local and foreign currency payments and receipts as instructed and prepare supporting documentation for foreign exchange gains and losses.

Budget Management & Business Analysis

• Collect budget input and supporting data from various business functions and assist with the preparation of the annual budget and quarterly rolling forecasts.
• Provide financial data and analysis to support business decision-making. Assist with analysis of vehicle inventory, dealer incentives, warranty provisions, promotional activities, and dealer policy-related calculations.

Financial Policies & Internal Controls

• Ensure compliance with Philippine Financial Reporting Standards (PFRS), SEC and BIR requirements, and financial policies and approval procedures established by the parent company. Implement and monitor processes covering expense reimbursement, procurement and payments, sales collection, dealer transactions, asset management, and financial review of contracts.
• Conduct regular financial risk checks, with a focus on tax, invoicing, treasury, and customer credit risks. Prepare documentation for internal and external audits, support internal audits conducted by the parent company and local statutory audits by external CPAs, and follow up on audit findings and corrective actions.

Team Management

• Supervise the day-to-day activities of the finance team, including work allocation and guidance to finance staff on accounting and tax operations. Review the quality and accuracy of day-to-day financial work and ensure timely completion of assigned tasks.

Other Responsibilities

• Perform other finance-related duties and projects as assigned by management.

Requirements:

1. Bachelor’s degree or above in Finance, Accounting, or a related discipline. CPA Philippines, ACCA, or China CPA qualification is preferred.
2. Fluent in both English and Chinese, with the ability to use both languages as working languages. Strong cross-cultural communication and coordination skills.
3. Strong knowledge of Philippine accounting and tax regulations, including PFRS, BIR tax filings, EWT, SEC financial reporting, SSS, PhilHealth, and Pag-IBIG requirements. Familiarity with customs and tax procedures related to vehicle imports is highly preferred.
4. Solid hands-on experience in Philippine accounting practices. Experience in automotive import trading, vehicle sales, or automotive finance is preferred.