FINANCE – ATENEO DE ILOILO

FINANCE

Mark Anthony C. Yap

Director of Finance

: finance@adi.edu.ph

:(033) 333-3189 ext 5108

The Director of Finance oversees all financial operations of the school. He is responsible for the day-to-day management of the institution’s financial resources, ensuring that all transactions are conducted with accuracy, transparency, and adherence to established policies and procedures.

Core Responsibilities:

Financial Management: Oversees the school’s daily financial operations, maintains accurate accounting records, implements internal controls to prevent fraud, and prepares financial statements reflecting the school’s financial health.
Financial Planning and Strategy: Develops and implements long-term financial plans to ensure stability and growth; collaborates with administrators on business development initiatives and advises leadership based on financial analyses and trends.
Compliance and Oversight: Ensures adherence to School Board-approved financial policies and procedures; reviews and approves bank reconciliations, purchase requests, and payment vouchers; and works to strengthen financial systems and processes.
Budgeting and Reporting: Leads the annual budgeting process, consolidates departmental budgets, and prepares financial reports such as the Cash Position and variance reports for the President’s review.
Asset Protection: Safeguards the school’s assets—including cash, bank accounts, and investments—by ensuring proper management, accountability, and efficient collection of all payments due to the institution.