Finance Associate II

👋🏻 Hi! We’re Hive Health

About us

Hive Health is on a mission to provide the best-in-class health plans for small-medium businesses (SMBs) in the Philippines. We offer comprehensive, hassle-free digital health insurance plans through our all-in-one platform. Founded at Harvard and Stanford and backed by top global investors such as Y Combinator, this award-winning startup is revolutionizing access to quality, affordable healthcare for millions of Filipinos, one SMB at a time.

About the Role

As a Finance Associate, you will be a technical analyst enabling Hive’s strategic objectives focusing on special projects, reporting, and analysis functions. This role involves close collaboration with leads, other finance teams, and data and product teams to improve the company's financial state continuously. You are an individual contributor deeply involved in the company's direction, specializing in analysis and strategy.

Responsibilities

• Financial Analysis and Forecasting
  • Assist in creating financial forecasts, including projections for revenue, expenses, and cash flow
  • Analyze financial trends and data to support strategic decision-making and long-term planning
• Budgeting and Planning
  • Collaborate with departments to track and manage budgets, ensuring alignment with financial objectives
  • Help prepare annual budgets and perform variance analysis to monitor and control expenditures
• Cost Management and Efficiency
  • Monitor and analyze departmental spending to ensure cost-efficiency and adherence to budgets
  • Identify opportunities for cost-savings and recommend improvements to enhance financial performance
  • Process business transactions, and verify financial data for use in maintaining accounts payable records
• Investment and Cash Flow Management
  • Support cash flow management and liquidity planning, advising on optimal fund allocation
  • Assist in evaluating investment opportunities and performing financial due diligence
• Financial Reporting and Support
  • Contribute to the preparation of management reports focusing on financial performance and strategic insights
  • Provide data for financial reviews and support senior finance leadership in decision-making
  • Prepare and file tax returns, ensuring compliance with local tax laws and regulations
  • Assist in tax planning and forecasting to optimize the company's tax position
• Cross-Functional Collaboration
  • Work with internal teams to provide financial insights and support cross-functional projects related to financial strategy
• Other roles that may be required to support operations

Qualifications

• Bachelor's degree in Accountancy or equivalent field
• Must be a Certified Public Accountant (CPA) or equivalent
• At least 3 years of relevant experience in finance operations, accounting, or taxation
• Tech-savvy and proficient with Microsoft Excel
• Strong understanding of accounting principles and working tax regulations in the Philippines
• High attention to detail and excited to learn new skills and tools
• Knowledge of and experience in Health Maintenance Organizations (HMOs), healthcare, insurance, or financial services industry, is a plus!