Regulatory Finance Associate

2 weeks ago

Dumaguete, Central Visayas, Philippines Aboitiz Power Corporation (Power) Full time $104,000 - $130,878 per year

Job Responsibilities

Regulatory Compliance

  • 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
  • Preparation of Subsidiary Ledger for Regulatory related accounts and reconciliation 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 but not limited to 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 the 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 make sure that documents can be easily retrieved 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.

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