Chief Accountant

VinEnergo Energy JSC; Pasay; On-site; PHP 60,000 - 100,000; Full time

Job summary

A leading energy company in the Philippines is looking for a Financial Accounting & Reporting Manager to oversee financial statements, ensure compliance with regulatory requirements, and manage the accounting team. The candidate should have strong expertise in budgeting, forecasting, and tax compliance. Experience with energy sector operations and internal control systems is essential. This position offers an opportunity to influence financial strategies in the renewable energy landscape.

Qualifications

• Experience in financial accounting and reporting in the energy sector.
• Deep understanding of regulatory compliance requirements.
• Proven track record in budget management and cost control.

Responsibilities

• Oversee financial statements compliance with local requirements.
• Lead annual budgeting and monitoring of energy projects.
• Supervise the accounting team and implement internal controls.

Skills

Financial Reporting

Tax Compliance

Budgeting and Forecasting

Internal Controls

Team Management

Tools

SAP

Job description

Financial Accounting & Reporting

• Oversee the preparation of monthly, quarterly, and annual financial statements in compliance with PFRS and local regulatory requirements
• Ensure accurate General Ledger (GL) management, account reconciliation, and closing activities
• Maintain asset registry
• Coordinate external audits and liaise with independent auditors

Regulatory Compliance (Energy Sector)

• Ensure compliance with filing and reporting requirements
• Support financial data submissions
• Prepare cost reports aligned with ERC-approved tariffs, financial models, and allowable expenses

Tax Compliance & Government Reporting

• Oversee all BIR filings: VAT, EWT, Income Tax, Fringe Benefits Tax, excise (if applicable)
• Ensure proper documentation for imported equipment, tax incentives, and VAT zero-rating (common for renewable energy developers)
• Manage compliance reports (if required)

Budgeting, Forecasting & Cost Control

• Lead annual budgeting and financial forecasting processes
• Monitor OPEX and CAPEX for energy infrastructure projects, including EPC contracts and long-term maintenance agreements
• Evaluate cost structures, tariff recovery, and financial viability of energy operations
• Support financial modeling for new projects and expansion (e.g., renewable energy facilities, power plant upgrades)

Internal Controls & Process Improvement

• Establish and maintain strong internal control systems aligned with regulatory and audit standards
• Develop accounting policies and procedures tailored to energy-sector operations
• Implement ERP or financial systems enhancements (SAP)
• Ensure proper controls of inventory

Leadership & Team Management

• Supervise the accounting team: AP/AR, GL, tax, payroll, and project accounting
• Provide training on energy-sector accounting, regulatory updates, and compliance protocols
• Collaborate with cross-functional teams (engineering, regulatory, legal, commercial, operations)