Manila Water

Finance Associate Manager - Project Controllership

Manila Water  •  Onsite  •  21 days ago
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Job Description

Role Purpose

Manages CAPEX Accounting, Governance and Reporting functions within MWO. Plans, implements and monitors implementation of appropriate actions and controls that contribute in mitigating corporate risks such as Regulatory Compliance Risk and Statutory Risks.

Support to CAPEX Commitments

- Review and Endorsement of RFPs

- Review and endorsement of PBS

  • Reviews and endorses for approval applications for material provisional supplements, as to correctness and compliance.

CAPEX Budget Administration, Control and Reporting

- Monthly status reporting to determine year to date actual and remaining forecast

- Budget is controlled and with 100% accuracy

  • Administration:Creates & releases CAPEX budget only for fully approved Business Cases, Variation orders and material provisional budget supplemen
  • Reviews source documents vs reports as to accuracy and correctness.
  • Assist in the preparation of the rolling CAPEX forecast and actuals discussed and confirmed with SAMG and CPMG

Rate Rebasing Capex Audit Ready

- Reviewed and reconciled CAPEX investment report

–vis-à-vis SAM Portfolio Management and CPMG’s Earned Value

  • Reviews and ensures reconciled CAPEX-related reports, vis-à-vis reports provided to FPIR, SAM, CPMG, CRA, Regulatory Accounting, and endorses the same for approval. Reports are enumerated, but not limited to: - Project status report - Site inspection report and analyses

Timely, complete, and accurate CAPEX-related financial closing

- PL & BS closing deliverable

Education


Bachelors Degree in Accountancy

Certifications


Certified Public Accountant

Manila Water

About Manila Water

Manila Water Company, Inc. is a publicly listed company with extensive experience in the Philippine Water Sector from water treatment and distribution to wastewater management and sanitation services. The Company is the concessionaire of the state-run Metropolitan Waterworks and Sewerage System to deliver water supply, wastewater, and sanitation services in the East Zone concession in Metro Manila and the province of Rizal, serving over 7.3 million population. In 2021, the Company was granted a 25-year franchise to operate by the Philippine Government.

Prior to Manila Water’s entry in 1997, the East Zone suffered from various water problems with only 26% of the area’s population having access to 24-hour water supply. Manila Water’s efforts to expand distribution lines and reduce system losses increased water availability to nearly 100% of the central distribution system and non-revenue water (NRW) register from 63% to an average of 13%, unprecedented in the country’s water space. Nearly two million people from marginalized communities were given access to clean and affordable water through the company’s flagship program – Water for the Community.

Locally, Manila Water has expanded its reach and shared its expertise to top metros and key cities in the Philippines which include the famed beach destination Boracay Island, the gateway to the southern corridor Laguna Province, the international business hub of Clark, the Queen City of Southern Philippines Cebu Province, and further down south in Davao, among others.

Manila Water has also forayed into the international water landscape through its business operations in Vietnam, Thailand, Indonesia, and the Kingdom of Saudi Arabia.

Industry
Energy & Utilities
Company Size
1,001-5,000 employees
Headquarters
Quezon City, PH
Year Founded
1997
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