Finance Analyst | ABS CBN Music

ABS-CBN

Quezon City, Metro Manila
Permanent
Full-time

2 months ago

Job SummaryThe Finance Analyst is responsible for assisting the Finance Officer in the overall direction and control of all financial concerns of ABS-CBN Music. Provides detailed analysis and prepares various financial data and reports as needed by the division. In addition, the person will serve as a business partner for the assigned business unit or department.Duties and ResponsibilitiesFinancial Reporting and Analysis

Responsible for the timely posting of month-end closing entries.
Responsible for the timely and accurate submission of internal and external reports required by the Service Units and Corporate Finance.
Monitors the actual cost versus the approved budget per project.

Budget Review

Assists the Finance Officer and business units in the preparation and review of the project’s profit and loss.
Ensures the reasonableness and accuracy of projected revenue and costs.

Revenue Accounting

Ensures timely submission of billings to SSC.
Ensures that all billings are supported with a fully signed contract.
Determine proper recognition of revenue accrual.
Assists in the efficient collection of receivables.

Cost Accounting

Ensures all request for payment are within the approved budget.
Ensures the completeness and correctness of supporting documents.
Ensures timely submission of request for payments to approvers and SSC for processing.

Song Database Maintenance

Ensures timely approval of song requests from label heads.
Ensures song requests are approved by the Music Core Group and covered with contracts.
Monitors song request exceptions and ensures completion and compliance by the label heads.
Creates internal order necessary in the activation of songs.
Validates song details and activates songs.

Policies and Procedures

Responsible for the proper implementation of the company’s policies. Reports identified gaps and inefficiencies in the existing financial and operational aspects of the division’s business activities to the Finance Officer and proposes solutions to address the gaps and issues.

Audit and Internal Control

Ensures compliance with policies and procedures throughout the organization.
Arranges the periodic review of practices, procedures, and systems within the functional area of responsibility and takes necessary actions to ensure compliance with Company policies.
Reviews proposals for significant new practices, procedures, and systems to determine whether Company requirements are satisfied and recommends approval or modification.

Other Services

Assists the Finance Officer in providing expert advice on tax issues affecting the divisions handled.
Serves as an advisor to divisions assigned with regards to billing requests, cost estimates, and other financial-related matters.
Performs other functions that may be assigned by the Finance Officer or the division being handled from time to time.

Graduate of BS Accountancy or any related course
Minimum of 2 years of relevant experience in corporate finance, financial analysis, and other related fields
CPA license or an MBA degree is an advantage
Proficient in MS Office applications (Excel, PowerPoint, and Word)
Preferably with exposure to SAP financial tools

Associate / Supervisor Accounting and Finance Entertainment / Film / News and Current Affairs / Public Service / Publishing / Digital, etc. 1 opening Bachelor's degree graduateABS-CBN is considered one of the country’s leading media and entertainment companies, with service offerings across the different platforms of media, servicing a wide array of customer segments. As an organization, ABS-CBN affirms its mission of being in the service of the Filipino and all of its stakeholders worldwide. The company is driven to pioneer, innovate and adapt as it continues to provide information, news and entertainment that connects Filipinos with one another and with their community - wherever they may be. ABS-CBN is firmly committed to pursuing excellence.Prior to the shutdown of its broadcast operations in 2020, ABS-CBN was the largest television network in the Philippines. As a radio broadcast company, it operated 22 radio stations including anchor radio stations in Mega Manila, DZMM and DWRR, in the AM and FM bands, respectively. The company delivers television programming outside of the Philippines to over 3 million viewers in North America, the Middle East, Europe, Japan, Australia, Canada, and other countries in Asia, through the internet and the Company’s global distribution platform, TFC, using DTH satellite service, cable television channels, IPTV, mobile applications and video streaming services. Its offerings are further complemented by subsidiaries focused on other multimedia services such as film production, music recording, telecommunications, and magazine and book publishing.

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