Regulatory Finance Associate

2 weeks ago

Cebu City, Philippines AboitizPower Full time

Overview

Regulatory Finance Associate at AboitizPower

Location: Banilad, Cebu, Philippines • Employment Type: Fixed Term • Work Arrangement: Hybrid

Job Responsibilities
  • Prepare and submit monthly Depreciation Fund Utilization Reports to Regulatory Team
  • Prepare Financial Portion of ERC Annual Report, including BSUP Financial Statements as applicable
  • Review and update the Allocation Factors of the Accounting Cost Allocation Manual (ACAM) in coordination with AP Regulatory Finance
  • Prepare computation and initiate Request for Payment of Universal Charges (UC) and Feed-in-Tariff-Allowance (Fit-All) Remittances
  • Handle UC and Fit-All reconciliation of its billing, collection and remittance
  • Submit the electronic and paper requirements for UC and Fit-All billing and collection reports
  • Prepare requirements for annual audit of Universal Charges and submit the audited UC Report to PSALM
  • Prepare Subsidiary Ledger for Regulatory related accounts and reconcile with the General Ledger
  • Coordinate with General Accounting for the submission of requirements to interim and annual audits
  • Handle the compliance of Philippine Economic Zone Authority (PEZA) Reports including the monthly EZMPR (Ecozone Monthly Performance Report)
  • Handle the compliance of other regulatory reporting requirements such as on-demand reports of ERC and other regulatory bodies; handle internal regulatory data requests from AP Regulatory
  • Coordinate with AP Regulatory and DU operations for any ad hoc regulatory financial compliances such as filings/applications and queries from regulatory bodies
  • Handle compliance to National Statistics Office (NSO)/Philippine Statistics Authority (PSA)/Bangko Sentral ng Pilipinas (BSP) and related banks’ Annual and Quarterly Surveys
Audit Compliance and Records Management
  • Implement a file management system to ensure documents are easily retrievable and to prevent loss and unauthorized access or usage
Job Qualifications
  • Graduate of BS Accountancy or Management Accounting
  • Willing to work on a fixed term employment
Seniority level
  • Entry level
Employment type
  • Contract
Job function
  • Finance and Sales
  • Industries: Utilities
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