Finance Manager

Why RTI

RTI International is an independent, scientific research institute dedicated to improving the human condition. Our vision is to address the worlds most critical problems with technical and science-based solutions in pursuit of a better future. Clients rely on us to answer questions that demand an objective and multidisciplinary approach—one that integrates expertise across social, statistical, data, and laboratory sciences, engineering, and other technical disciplines to solve the world’s most challenging problems.

We believe in the promise of science and technical solutions, and we push ourselves every day to deliver on that promise for the good of people, communities, and businesses in the US and around the world. If you are looking for the opportunity to make a real difference, RTI is the place for you.

About The Hiring Group

RTIs Center for International Development implements large-scale, multidisciplinary projects across health, energy, agriculture, water, and education by leveraging RTI’s deep cross-Institutional knowledge, proven solutions, and contextual expertise. We achieve global impact by improving lives, driving economic growth, and enhancing stability in fragile and developing geographies.

What Youll Do

RTI is seeking the Finance Manager for the project in Philippines. Under the leadership of Sr. Director of Operations and Finance, the Finance Manager steers project financial management under contract portfolio. He/She will be responsible for RTI accounting and financial management for the Project. He/she will also ensure that RTI and Philippine’s accounting and financial reporting standards are applied and that the funding resources are being used efficiently and in compliance with the established policies and procedures. Finance Manager oversees Accounting Assistant.

Essential Duties

Accounting and Finance

• Supervise project Accounting Assistant in all project accounting procedures: filing of documents, allocation of expenses, vouchers registration, balance checking, etc.;
• Develop monthly consolidated financial calendar and ensure compliance with its deadlines
• Communicate accounts on a monthly basis to the RTI Home Office in accordance with QuickBooks procedures and deadlines;
• Manage the presentation, circulation, filing and archiving of accounting and financial documents as directed by Sr. Director of Operations and Finance.
• Review journal vouchers and/or adjust journals for necessary reviews and approvals.
• Ensure all financial processes are in compliance with US Department of State’s and RTI.
• Build capacity of local partners in the area of finance and financial reporting
• Participate in vendor selection during the competitive biddings
• Prepare and update on a monthly basis annualization of taxes withheld from staff compensation, in preparation for the completion for the annual reporting to BIR.
• Prepare and submit upward RTI annual foreign tax report (VAT report)
• Ensure compliance of project financial operations with the required annual external audit in the Philippines
• Ensure strict internal controls, regularly implement measures to prevent fraud and misuse of funds
• Perform other duties related to accounting and financial management.
  
  

• Open/close bank accounts in coordination with the Regional Controller and RTI Treasury;
• Oversee the management of bank accounts: follow transfers, check balances, check authorized expenses and online transactions;
• Supervise the management of safes and cash: available amount, balance checks, security instructions;
• Assess and analyze monthly cash-flow needs for project and communicate cash requests to the Sr. Director of Operations and Finance for further approval and sending to RTI Treasury;
• Manage money transfers, cash-supply and amounts in circulation, whilst defining payment procedures (bank transfer, cheque, cash etc.).
  
  

• Set up and formalize procedures for the commitment of expenditure;
• Develop and maintain a system necessary for financial monitoring, regular reporting of expenditures to objective leads, and for budget follow-up with program units ;
• Analyze gaps between planned budgets and actual expenses;
• Anticipate project financial risks and consult with the Sr. Director of Operations and Finance, Chief of Party, and Regional Controller;
• Support annual project budgeting, in coordination with program objective leads and under the stewardship of Sr. Director of Operations and Finance
• Update project budget forecast on a regular basis; share information with the project leadership
  
  

• Bachelors Degree and 8 years of experience, Masters degree and 6 years of experience, PhD and 1 years of experience, or equivalent combination of education and experience
• Certified Public Accountant is preferred
  
  

• Demonstrated excellence in financial and analytical skills
• Experience in International NGO and development projects
• Familiarity with US Government financial regulations, and other donor and governmental requirements;
• Demonstrated strength in general business administration and leading financial management in an organization;
• Strong oral/written communication skills and ability to communicate effectively at multiple levels in the organization;
• Strong organizational and interpersonal skills and ability to work in a team-oriented setting;
• Demonstrated success in managing and leading a team, and collaborating with interdepartmental teams;
• Working knowledge in MS Office applications
• Familiarity with automated accounting systems; QuickBooks are preferred