Financial Accountant

14 hours ago

Makati City, National Capital Region, Philippines Verdant Energy Full time

Job Responsibilities:

  • Prepare monthly, quarterly, and annual financial statements in compliance with relevant accounting standards (e.g., IFRS, GAAP).
  • Maintain general ledger accuracy and ensure timely posting of journal entries.
  • Monitor project-level financial performance and reconcile project expenses, revenues, and capitalized costs.
  • Oversee accounting for assets related to renewable energy projects, including depreciation, amortization, and component-based asset tracking.
  • Support preparation of annual budgets and periodic forecasts.
  • Analyze variances between actuals vs. budget to identify trends, risks, and opportunities.
  • Provide financial analysis for new renewable energy projects, including cost modeling, ROI, and funding requirements.
  • Assist with cash flow forecasting and monitoring.
  • Manage project-based accounting for construction, EPC activities, and O&M operations.
  • Track CAPEX and OPEX across renewable energy projects and reconcile with procurement and project management teams.
  • Ensure accurate cost allocation, WIP monitoring, and timely project financial closure.
  • Ensure compliance with accounting policies, company procedures, and regulatory requirements.
  • Support external and internal audit processes by preparing schedules, documentation, and responses.
  • Monitor tax compliance, including VAT, corporate income tax, and tax incentives applicable to renewable energy projects.
  • Maintain accurate financial records using ERP or accounting systems (e.g., SAP, Oracle, Netsuite, QuickBooks).
  • Recommend process improvements to strengthen financial controls and increase efficiency.
  • Ensure proper documentation and filing of all financial transactions.

Requirements:

  • Bachelor's degree in Accountancy, Finance, or related field.
  • CPA (Certified Public Accountant) preferred.
  • Additional training or seminars in renewable energy finance or project accounting is an advantage.
  • Minimum 3–5 years of experience in financial accounting.
  • Preferably with experience in renewable energy, engineering, infrastructure, utilities, or project-based industries.
  • Familiarity with EPC project accounting, CAPEX management, and revenue recognition for long-term projects is a plus.
  • Strong knowledge of accounting standards (IFRS/GAAP).
  • Experience in project accounting and financial reporting for capital-intensive industries.
  • Proficiency in ERP/accounting systems and MS Excel (pivot tables, financial modeling, etc.).
  • Understanding of financial compliance, tax regulations, and audit procedures.
  • Knowledge of asset accounting for power plants or renewable installations is an advantage.

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