SUBIC BAY

MISSION

Generate and maintain reliable financial reports and records, give sound financial advice, deliver world-class financial services, and manage financial needs and resources effectively.

• Accounting
  Generate timely, meaningful, and accurate financial reports in accordance with International Financial Reporting Standards; maintain the integrity of financial records; ensure propriety of claims for payments and process valid claims expeditiously; and maximize SBMA revenues through an effective billing system.
• Control and Analysis
  Effectively control and manage expenditures; provide meaningful and responsive management reports and financial forecast; and give sound financial advice.
• Treasury
  Control and manage cash resources effectively; properly manage financial risk; ensure availability of source of financing; provide efficient cashiering and disbursing services and maximize SBMA cash flows through successful collection of receivables.
• Enterprise Wide Risk Management
  Use formal processes to identify risks across the SBMA organization, assess the potential impact of these risks and then provide a method for addressing these risks.

VISION

The Finance group shall be the backbone of SBMA's continued financial stability and shall be at the forefront in providing total customer satisfaction.

• Accounting
  Financial reports and records of the Accounting Department shall be of world standard in terms reliability and integrity. There shall be no delays and errors in the processing of claims and billings.
• Control and Analysis
  The Control and Analysis Department shall be the prime mover of SBMA in being a world standard in sound fiscal management. It shall be able to lead SBMA towards being one of the most profitable GOCCs in world.
• Treasury
  The Treasury Department shall be able to ensure SBMA's liquidity and continued financial stability despite a volatile financial environment. It shall provide total customer satisfaction in the delivery of its cashiering and disbursing services.
• Enterprise Wide Risk Management
  All risk shall be identified and addressed such that these are reduced to acceptable levels in a cost-efficient manner.

FUNCTION

Assist the OSDA for Support Services in the implementation of the corporate financial policies, plans and programs and performs related managerial and technical decision making functions of the Finance Group.