Regulatory Finance Associate

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.