Financial Reporting - Internal Reports Lead

Scope of Services / Key Deliverables:The deployed personnel shall be responsible for the supervision of the operation of the Internal Reports team (Financial Reporting R2R Department) including but not limited to: Financial Analysis and Reporting - reviews and takes ownership of reports and ensures controls, monitoring and review processes are in place.
Supervises/reviews monthly financial statement close process of the Bank for monthly reporting to management.
Evaluates and implements new accounting standards by impact analysis, systems review and involving applicable units to communicate potential impact to financial position and performance of the Bank and to produce financial reports in accordance with Philippine Financial Reporting Standards.
Determines correct treatment for non-routine transactions; ensures these are treated correctly in source material and reports.
Governance, Control and Risk Management - ensures the process of collating and comprising internal, statutory and regulatory reports is robust, appropriately communicated, executed and monitored.
Implements required controls to enable preparation and reporting of the financial statements free from material misstatements whether due to fraud or error.
Ensures required data controls are implemented, i.e data are reconciled with GL balances, subsidiary ledgers are complete and accurate.
Understands the impact and implements required changes to reporting requirements/accounting standards on reporting processes, systems and data sources.
Ensures compliance with Philippine Financial Reporting in collaboration with other concerned/responsible groups.
Planning and Organizing Project Management Delivers on special projects (e.g. new systems, new accounting standards, reconciliation processes, etc.) by reference to project objectives or work programs requiring subject matter expertise.
Deals with internal auditors and external auditors like BSP, SGV and other regulatory agencies, as applicable and coordinates all requirements and addresses all audit observations/issues related to the unit Develops service level agreements and provides business sign off, as applicable Implements and fully utilizes the Oracle ERP and EPM Systems (applicable modules).
Team Performance and Retention Develops and manages team members, their workload and deliverables.
Ensures retention rate is maintained.
Enforces maker-checker to ensure integrity, accuracy and completeness of reports and disclosures; guides and coaches team members in regulatory reporting and accounting standards requirements.
Effective Communication Skills Maintains an open communication lines among other units/immediate supervisor/stakeholders where issues are timely elevated and addressed.
Communicates and evaluates the impact of regulatory, financial and sustainability changes effectively, as applicable.
Process Improvement Takes accountability and ownership of standardized and efficient operational processes.
This includes identifying and resolving data quality issues and leading in continuous improvements to address these issues.
Implements change the bank (CTB) initiatives such as TAT reduction on certain processes, month end closing and manual adjustments.