Role Purpose

Manages the Treasury subsidiary ledgers of Corporate Loans and Service Concession Obligations. Manages timely and accurate payments of obligations and prepares loan and SCO-related schedules for financial and reportorial requirements.

Job Description

SHORT-TERM LOAN, LONG-TERM LOAN AND SERVICE CONCESSION OBLIGATION COMPLIANCE

• Timely and accurate compliance to loan covenants
• Prepares compliance requirements for Parent Corporate Loans and coordinates timely submission of these requirements to the lenders
• Processes and tracks payments for all debt service relating to Corporate Loans and Service Concession
• Obligation (SCO)
• Manages the timely and accurate payment of loan obligations relating to Corporate Loans and SCO by
• maintaining a schedule of payments and communicating the funding requirements to the liquidity unit
• Monitors the utilization of proceeds from foreign loans by maintaining a database of assigned
• expenditures/disbursements per facility for regulatory (BSP) reporting
• Ensures compliance and registration of foreign loans to the BSP to enable FX purchase for debt servicing and settlement

FUNDRAISING SUPPORT

• Support to Enterprise fundraising exercises
• Provides support in the preparation of loan drawdown requirements of the Parent company and ensures timely and accurate submission of all loan drawdown-related requirements to lenders banks
• Assists in fundraising initiatives of the Parent Company (e.g. reviews loan agreement provisions on settlement, taxation, and reportorial requirements)

TREASURY ACCOUNTING

• Treasury ledgers compliant to Financial and Management Reportorial Requirements
• Timely submission of management and compliance reports
• Prepares the accretion table and computes the initial carrying value of new loan drawdowns for facility creation in the Treasury Module
• Maintains worksheets and manages the accretion and valuation of the company’s outstanding Corp. Loans and Service Concession Obligations (SCO)
• Analyzes and recommends month-end Corp. Loans and SCO accounting entries
• Validates and analyzes the SL-GL Reconciliation for the Treasury Loan Ledgers
• Prepares periodic internal reports, forecasts, and analysis relating to Corporate Loans and SCO

STAKEHOLDER AND PEOPLE MANAGEMENT

• Ensures the achievement of the required service level standards of Treasury
• Interacts and coordinates with various internal (i.e. Financial Accounting Team, Controllership and Analysis Managers, and Project Managers) and external (i.e. Representatives of Bangko Sentral ng Pilipinas, WorldBank, Lenders, MWSS) stakeholders for treasury/loan-related matters

Qualifications

• Bachelor's degree in Accounting
• Certified Public Accountant (CPA) is an advantage, but not required
• Experience in financial audits, loan administration, reconciliation, treasury, financial reporting, or stakeholder coordination is an advantage
• Open to newly licensed CPAs
• Fresh graduates are welcome to apply

Manila Water and its subsidiaries DO NOT charge fees in exchange for employment. You may verify Manila Water job openings at [email protected].

Be vigilant. Be informed.

Please refer to job description.