General Accountability

The incumbent is responsible for the preparation of the Corporation’s management accounts and financial statements (inclusive of note disclosures or supporting schedules) and related reports for internal and external stakeholders; as well as assist with the assessments of payments to non-resident vendors to determine withholding tax (WHT) liability across all operations of the Corporation group. The incumbent is expected to have a high level of technical accounting (and investment accounting) knowledge in a financial services environment.

 

 

Key Responsibilities

 

Accounting and financial reporting

Assist with the preparation of interim (monthly and/or quarterly) and annual financial statements of the Corporation (standalone and consolidated) in accordance with IFRS by agreed dates for review by internal governance committees and for audit and publication.

•Ensure that financial statements and supporting information are prepared in accordance with the Corporation’s accounting policies and IFRS

•Ensure the analytical schedules to support relevant accounts in the financial statements of the subsidiaries are completed to minimize the risk of misstatement and/or error.

 

Financial analyses

Preparation of financial reports for the Corporation (standalone and consolidated) for Executive management, Board of Directors and BoD Committees that explain and analyse the financial position and performance.

•Timely production of management accounts, supporting analyses, and written reports to facilitate Executive Management and Board decision making

•Ensure a rigorous independent analytical review of results is performed and all unusual movements or balances are completely investigated and explained or corrected.

 

Assist with the preparation of the Executive Summary note for the Audit Committee and Board of Directors to support the consolidated financial statements

• Assist with the preparation of the analytical note to support the financial statements and submitted to the Audit Committee and the TTUTC Board by the agreed timelines

 

Assist with the assessment of payments to non-resident vendors in accordance with the BIR’s and IRD’s Double Taxation Treaties or the Income Tax Act to determine withholding tax (WHT) liability.

• Timely and accurate identification of WHT liabilities
• Ensure the following: The correct tax rate is applied, Only relevant transactions are subject to taxation, The tax payments are correctly accounted for in the books of the Corporation

 

Prepare quarterly tax payments (green fund levy and business levy) and annual tax return for the Corporation.

• Ensure the following: The correct tax rate is applied, Only relevant transactions are subject to taxation, The tax payments are correctly accounted for in the books of the Corporation

 

Assist with the management of the external audit process for the Corporation to ensure sign-off within set deadlines.

• Assist with the submission of the audit requirements to ensure supports and responses on all audit queries (Auditor General) are provided by the agreed timelines.

 

Prepare the regulatory reports of the Corporation (eg. MMRF)

• Ensure all regulatory reports are completed accurately and on a timely manner.

 

Preparation of Vendor pre-qualification assessments and other reports.

• Use data provided by Procurement to prepare vendor pre-qualification and periodic review reports.

 

Identify and implement appropriate policy, procedure, or operational improvements to achieve process efficiency.

• Based on the investigations and other activities conducted, determine if processes are time-consuming, manual, unnecessary, unclear (etc.) and recommend improvements to simplify, automate, or make more effective

Lead and develop team members, as well as create an environment that motivates and empowers team members to deliver their enthusiastic best.

• Develop succession plans for key roles
• Ensure team members are provided tools, training, documentation, and clear goals and instructions
• Provide regular coaching and feedback to aid team member development
• Complete all related administrative functions on a timely basis

 

Initiate and/or review and approve various transactions, including issuing instructions to third parties, in accordance with set limits via either a manual or workflow approval process.

• Initiate and/or review and approve transactions.

 

Identify, actively lead, or assist team members with ad hoc or scheduled projects, tasks, or initiatives to achieve identified goals, deadlines, or efficiency or other benefits for the Finance department or Corporation as a whole.

• As agreed in advance

 

 

The selected candidate must possess the following combination of qualifications, skills, training and experience:

 

• A First Degree in a relevant field from an accredited tertiary institution
• Minimum of five (5) years’ experience in a similar position within the financial industry and
• Three (3) years’ supervisory experience
• Suitable combination of training and experience 

OR

• A Diploma in a relevant field from an accredited institution
• Minimum of six (6) years’ experience in a similar position within the financial industry and
• Four (4) years’ supervisory experience
• Suitable combination of training and experience
• High confidentiality and integrity
• Passion for delivering excellent customer service
• Excellent analytical skills to assess and interpret trends
• Good oral and written communication skills
• Strong interpersonal, investigative and interviewing skills
• Intermediate to advanced knowledge in Excel and the entire Microsoft Office Suite
• Very good mentoring and coaching skills.
• Excellent organizational and time management skills including the ability to establish priorities.
• Excellent analytical skills
• Ability to lead, motivate and work in teams
• Ability to work with minimal supervision
• Flexible and able to work in a deadline-driven results-oriented environment

 

All applications should be submitted no later than March 11, 2025