Capital One Principal Finance Coordinator in Muntinlupa, Philippines

Alabang (96050), Philippines, Muntinlupa City, National Capital Region (Manila)

At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.

Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.

Principal Finance Coordinator

Budget & Reporting Principal Coordinator

Job Responsibilities :

  • Manages the timely and accurate preparation of various reports such as but not limited to the following: cash utilization reports, monthly P&L variance reports, CAPEX reports, etc.

  • Performs initial investigation and variance analysis of actual operating and capital expenditures and cash utilization versus targets

  • Monitors cash position and maximize cash flow through ongoing cash flow analysis

  • Conducts regular review of budget utilization with LOB’s and provides recommendation to manage the budget variances

  • Generates and analyzes historical expenses and trends for assigned LOB’s

  • Simulates the operating budget projection based on historical and latest run rates

  • Assists the LOB’s in analyzing and validating their historical run rates

  • Gathers and validates business assumptions and budget proposals

  • Prepares the working template for the annual budget planning and quarterly forecasting

  • Manages the loading of budget adjustments in the system

  • Reviews and updates standards, procedures and core processes for simplification and standardization

  • Maintains the accuracy and completeness of all department codes, audits and coordinates compliance

Qualifications:

  • Bachelor’s Degree in Accountancy; CPA is preferred

  • At least 2 years of experience in handling budget and management reporting

  • Candidate must be proficient in MS application especially with Excel and Power point

  • Candidate must be willing to work mid-shift

  • Candidate must be amenable to work in Alabang

Competencies:

  • Has good problem-solving and analytical skills

  • Results and customer focus

  • Flexible, resilient, adaptable to changes and willing to extend reporting hours especially during budget season, monthend closing and quarterly forecasting

  • Anticipates, understands, and responds to the needs of internal and external clients to meet or exceed their expectations with the organizational parameters

  • Able to work in a fast-paced environment and effective in time management