Finance Specialist

About Us

1882 Energy Ventures (1882EV) is the corporate venture building arm of Aboitiz Power Corporation (AboitizPower), a leading vertically-integrated player in the energy industry. Our mission is to shape the decentralization of energy by building and scaling start-ups that will decentralize the energy system and create more sustainable homes, businesses, mobility, and networks. We believe that we can create smarter and more sustainable communities if we decentralize our energy system. It will help us deepen decarbonization and improve overall system efficiency in order to support economic growth and development.
 

Role Overview

The Finance Specialist is responsible for day-to-day transactions providing financial reports and preparing financial models as tools for business decisions.
It also includes providing assistance to 1882 Energy Ventures and its ventures in the areas of Finance and Accounting, and in supporting the in the review of financial results and tax strategies including tax claims/refunds.

Key responsibilities include:

• Financial Management and Reporting
  • Reviews Accounts Receivables Aging and Accounts,Payable Aging and other related revenue/ costs & expenses schedules on a monthly basis. 
  • Prepares cash management report which includes cash inflows (collections) and cash outflows (disbursements)
  • Reviews and analyzes all proof lists particularly on the proper charging of accounts and subsequently prepares and endorse to accounting to record adjustments on book balance
  • Supports in the preparation of variance analysis and explanation of financial statements against prior year and budgets; and highlights key issues for comments, recommendation and resolution.
  • Provides analysis and recommendations particularly on the tax rationalization and optimization that will help company’s financials
  • Prepares monthly management reports with detailed analysis and submits it to the Finance Manager for presentation to relevant stakeholders.
  • Supports in the preparation of yearly budget and latest thinking forecast for all assigned entities under 1882 Energy Ventures

• Tax Compliance / Refunds
  • Supervise the process of CWT and VAT Refund
  • Review and ensure completeness of monthly, quarterly and yearly tax returns and its supporting documents particularly on ITR and VAT returns
  • Ensure matching of returns and book schedules
  • Coordinate with TACS team and BIR for any new imposed rulings and prerequisites in line with filing of tax refunds
  • Ensure compliance and completeness of valid supporting documents prior to filing of  tax refunds

• External Coordination
  • Supports in attending to inquiries of internal and external customers and relevant stakeholders (e.g. suppliers, contractors, BIR, audit firms, end-users)
  • Coordinates with internal and external parties to provide requirements during audit engagements

• Other Duties
  • Participates in all Company initiatives and programs as well as provide support whenever necessary
  • Performs other tasks as may be assigned by the immediate superior