Finance and Accounting Senior Manager

Alsons Power Group; Makati; On-site; PHP 4,000,000 - 8,000,000; Full time

Job summary

Alsons Power Group seeks a senior accounting leader to manage accounting, tax operations, and financial reporting across the Group’s diesel and renewable energy businesses.

You will lead consolidation, budgeting, and internal controls, while supporting executive management and the Board with strategic financial insights and presentations.

Qualifications

• At least ten years of progressive leadership experience in finance and accounting.
• Experience overseeing finance and accounting functions across multiple companies or business units.
• Strong background in IFRS/GAAP, budgeting, forecasting and board reporting.
• Excellent stakeholder management and negotiation skills.
• Experience in power/energy industry is highly desirable.

Responsibilities

• Lead regulatory & compliance reporting across the Group and ensure timely financial statements.
• Direct and coordinate group accounting operations including consolidation and close processes.
• Oversee budgeting, forecasting, variance analysis, and strategic financial planning.
• Develop robust internal controls and governance processes to safeguard assets.
• Coordinate audits and tax planning/compliance with regulatory requirements.
• Prepare Board materials and financial presentations for executive discussions.

Skills

IFRS/GAAP knowledge

Financial reporting

Treasury & cash management

Budgeting & forecasting

Board reporting

Stakeholder management

Executive presentation

Financial analysis

ERP systems

Corporate governance

Education

Bachelor's Degree in Accountancy

Master's Degree in Finance/Accounting/Business Admin

Tools

ERP systems

Job description

The role is the senior accounting leader responsible for managing the accounting and tax operations, financial reporting, internal controls, treasury, and regulatory compliance of the Group's companies engaged in diesel and renewable energy businesses. The role oversees the finance and accounting functions across multiple entities, safeguards company assets, analyzes financial data, and provides historical and forecasted financial metrics to support executive management and the Board of Directors in strategic decision-making. The position also assists in the preparation of Board materials and financial presentations to facilitate executive and Board-level discussions.

MAJOR PROCESS

• General Accounting and Financial Reporting: Drives the month-end and year-end close procedures, reconciles accounts, and issues accurate balance sheets, income statements, cash flow statements, and other management reports across the Group companies.
• Financial Planning, Analysis and Control: Leads the consolidation of annual operating budgets, monitors spending variances, projects financial performance, and provides financial insights to support business strategies across the Group's diesel and renewable energy businesses.
• Internal Controls & Risk Management: Implements accounting policies, internal controls, and governance processes to safeguard company assets and ensure effective financial risk management.
• Net Working Capital Management: Oversees accounts payable, accounts receivable, payroll, treasury, cash flow, and working capital management across multiple business entities.
• Compliance: Ensures accounting, tax, statutory filings, and financial practices comply with professional standards and government regulations, including BIR, DOE, ERC, SEC, and other applicable regulatory agencies.
• Board and Executive Support: Assists in the preparation of Board presentations, financial reports, investment analyses, and other materials required for Board meetings and executive decision-making.
• People Management: Leads, develops, motivates, and coaches finance and accounting teams to optimize productivity, strengthen technical competencies, and support succession planning.

INTERNAL & EXTERNAL CUSTOMERS

• Board of Directors
• Subsidiary and Affiliate Companies
• External Auditors
• Other relevant professional, regulatory, and statutory bodies

CORE FUNCTIONS

• Regulatory & Compliance: Lead the month-end and year-end close processes and prepare accurate, timely financial statements. Ensure compliance with statutory and regulatory reporting requirements, including BIR, DOE, ERC, SEC, and other applicable government agencies.
• Group Accounting Operations: Direct and oversee the finance and accounting operations of the Group's companies, including general accounting, accounts payable, accounts receivable, payroll, treasury, fixed assets, and cost accounting.
• Budgeting & Forecasting: Consolidate departmental and company budgets, monitor actual results against forecasts, analyze variances, and provide financial recommendations to executive management.
• Internal Controls & Risk Management: Develop, implement, and continuously improve accounting policies, internal controls, and governance processes to safeguard company assets and mitigate financial risks.
• Audit & Tax Compliance: Lead internal and external audits and oversee corporate tax planning and compliance to ensure adherence to statutory regulations and accounting standards (IFRS/GAAP).
• Cash Flow & Treasury Management: Manage cash flow, treasury operations, debt obligations, loan covenants, and capital requirements to maintain the financial stability of the Group.
• Board & Stakeholder Relations: Prepare and present financial analyses, business performance reports, cash flow forecasts, investment evaluations, and strategic financial recommendations to executive management and the Board of Directors. Assist in the preparation of Board meeting materials and presentation decks.

DUTIES AND RESPONSIBILITIES

• Oversee the daily operations of the Finance and Accounting functions across the corporate office and project sites, including the recruitment, training, supervision, and performance management of department personnel.
• Lead the finance and accounting operations of the Group's diesel and renewable energy companies, ensuring consistency in accounting policies, financial reporting, and governance.
• Direct and coordinate financial planning, budgeting, variance analysis, forecasting, and long‑term financial planning.
• Analyze financial performance, revenue opportunities, operating expenditures, and profitability to provide strategic recommendations for business growth and operational efficiency.
• Assist Executive Management in establishing short‑term and long‑term financial strategies, policies, objectives, and operational plans.
• Monitor monthly operating results against approved budgets and recommend corrective actions where necessary.
• Monitor the Group's financial obligations and ensure compliance with loan agreements, OLSA requirements, financing arrangements, and debt covenants.
• Oversee the preparation of accurate and timely consolidated financial reports, including income statements, balance sheets, cash flow statements, and management reports.
• Conduct comprehensive financial analyses to identify business trends, risks, opportunities, and investment implications for management decision‑making.
• Ensure the standardization and continuous improvement of financial policies, procedures, and controls across all Group companies.
• Recommend tax planning strategies and ensure compliance with national and local tax regulations while maximizing available tax incentives and minimizing tax exposures.
• Coordinate internal and external audits and ensure timely resolution of audit findings and recommendations.
• Assist in the preparation of Board meeting materials, financial presentations, strategic analyses, and reports for the Board of Directors and Board Committees.
• Represent the Group before government agencies, auditors, financial institutions, regulators, and other external stakeholders.
• Perform other duties and special projects as assigned by the Group CFO and Executive Management.

QUALIFICATION GUIDE

EDUCATION

• Bachelor's Degree in Accountancy, Finance, Economics, or a related field
• Master's Degree in Finance, Accounting, Business Administration, or a related discipline is preferred

LICENSURE

• Certified Public Accountant (CPA) preferred

EXPERIENCE

• At least ten (10) years of progressive leadership experience in finance and accounting, including several years as a Finance and Accounting Manager or equivalent executive leadership role.
• Experience overseeing finance and accounting functions across multiple companies or business units is highly preferred.
• Experience in the power, energy, utilities, infrastructure, or renewable energy industry is highly desirable.
• Strong background in financial reporting, treasury, taxation, budgeting, financial planning and analysis, and Board reporting.
• Expert knowledge of IFRS/GAAP, financial modeling, ERP systems, and corporate governance.
• Strong executive presence with excellent stakeholder management and negotiation skills.

SKILLS

• Extensive knowledge of finance, accounting, taxation, treasury, and financial reporting systems.
• Strong analytical and strategic financial planning capabilities.
• Advanced budgeting, forecasting, and financial modeling skills.
• Extensive experience in treasury, cash management, and corporate financing.
• Excellent presentation and communication skills with experience presenting financial reports to executive leadership and Boards of Directors.
• Experience in banking and corporate financing is an advantage.