VACANCY ANNOUNCEMENT (VA04-2122)

FINANCE OFFICER

The Colombo Plan Staff College (CPSC) is an Inter-governmental International Organization for Human Resources Development. It aims to assist its member countries in developing and enhancing their technical education systems.

CPSC maintains the active membership of 16 countries which are provided with capacity building programs in technical and vocational education and training (TVET).

The main functions of CPSC include:

  • Provide training programs of further professional education and training to persons responsible for the planning, development, administration, and supervision of TVET and persons in vital supporting roles;
  • Conduct conferences, symposia, and workshops on various aspects of TVET;
  • Manage customized programs on TVET planning, development, and evaluation;
  • Undertake research and development projects for knowledge sharing and benchmarking in TVET;
  • Assist member countries in developing their technical teacher education and training facilities;
  • Collect and disseminate information on technical education and training; and
  • Act as a facilitator of member countries in transforming the TVET framework by modifying the training and development strategies, program offerings, and research and development efforts.

Duties and Responsibilities of the Finance Officer

The Finance Officer is responsible for managing all financial transactions of the Staff College.

Specific Duties
  • Prepare the annual operating budget for review and approval of the Governing Board;
  • Monitor, review, and verify all requests for payments and program-related expenditures, and certify fund availability against the allocated budget for approval of the Director General;
  • Monitor Member Country (MC) annual contribution remittances, submit MC contribution status report, and prepare official correspondence related to the collection of member country contributions;
  • Prepare financial statements for midyear and annual reporting;
  • Prepare weekly cash position report to monitor bank balances and time deposits;
  • Record and analyze transactions for cash disbursement and receipts in the GLS Quick Financial System, and prepare bank reconciliations for each bank account;
  • Secure time deposits and other negotiable instruments (i.e. checkbooks and Certificate of Time Deposits)
  • Prepare balance sheets, income statement schedules, and trial balances for the conduct of the financial audit.
  • Facilitate the conduct of external financial audits to ensure an up-to-date financial accounting system;
  • Review and ensure the completion of every liquidation of advances;
  • Facilitate monthly payroll disbursement for the staff, and the accurate and timely payment of required government contributions (SSS, Philhealth, HDMF);
  • Provide analytical support and recommendations on key financial issues of the Staff College;
  • Serve as a member of the secretariat to the Governing Board;
  • Undertake other tasks and assignments as may be assigned from time to time.

Qualifications and Requirements

Education

    Bachelor’s Degree in Business Accountancy and Finance, Economics, Management or any related fields, with at least 5 years relevant work experience in Finance Administration and Management; or Master’s Degree in Financial Management, Business, and Accountancy, or any related fields

Professional Eligibility

    Certified Public Accountant, with valid registration and certification

Technical Competencies

  • Superior mathematical and analytical skills
  • Knowledgeable in bank reconciliation processes
  • Proficient in Accounting Software (GLS, Quick Financial System)
  • Knowledgeable in various online banking transactions for the remittance of salary, compulsory government contributions, and inquiry of deposit accounts
  • Knowledgeable in financial audit processes and requirements
  • Excellent command of the English language, both written and spoken
  • Proficient in computer applications and systems

Behavioral Competencies

  • High standards of ethics and confidentiality to handle sensitive information
  • Proven ability to prioritize workload and workflow
  • Excellent time management skills
  • Ability to exercise excellent decision-making skills, and sound judgment, show initiative and proactive
  • Detail-oriented
  • Excellent organizing skills
  • Ability to contribute to their team members’ development and effectiveness
  • Ability to work with very little or no supervision
  • Ability to handle stress, work well under pressure, and within tight deadlines

Remuneration and Benefits

    Starting Gross Monthly Salary of Php 45,984.75 (Basic Salary: Php 31,284.75 + Duty allowance: Php 10,500 + Cost of Living Allowance: Php 4,200.00); 13th Month pay; SSS, HDMF, Philhealth, HMO and Accident Insurance Coverage; Daily Meal Allowance, Vacation and Sick Leave, International and Local Travel Opportunities

Duration of Appointment

    One (1) year, with possibility of extension

Application Process

Interested applicants may send their Expression of Interest (EOI), duly completed Application Form (click here), and Comprehensive Resume in PDF Format, via EMAIL to:

The Director General
(Subject: Application to VA04-2122 Finance Officer - [your full name])


Colombo Plan Staff College for Technician Education
Building Block C, Department of Education Complex
Meralco Avenue, Pasig City 1600, Philippines
E-mail: [email protected]

Deadline for Application
June 30, 2022

This position is for Philippine nationals or permanent residents of the Philippines only.

Applications received via Facebook and/or with incomplete application documents will not be considered.

Only Shortlisted applicants will be notified