Department Description

■Global Business Development Div. and Finance & Planning Div.
This department promotes renewable energy development projects in the Philippines.
Responsibilities include financial and corporate management of joint ventures, as well as accounting, tax, and budget management for local subsidiaries.

■Department Structure
Philippines Business Department: 9 members (1 manager, 8 business development members)

Job purpose

Role 1: Joint Venture (JV) Governance and Financial Management Lead
1. Serve as an officer (Treasurer/Assistant Treasurer) in the JV
・Exercise approval rights based on the Shareholder Agreement (SHA): Collaborate with partner officers to exercise approval rights for JV fund disbursement, financial statements, and tax filings.
・Implement governance and controls: Develop appropriate authority regulations for JV governance with partners, ensure compliance with legal procedures (corporate governance), supervise accounting/tax execution, and operate internal controls to protect RENOVA’s interests and financial soundness.
・Cash call management: Lead the creation and issuance of cash call notices and management of sponsor loans based on project funding plans.

1. Budget Management
   ・Lead the formulation of JV budgets: Lead the creation of annual business plans and budgets reflecting EPC, O&M, and financing plans, and drive the approval process at the board of directors.

3.Lender Relations
・Senior debt management: Lead financial reporting, covenant compliance, and communication with JV lenders throughout construction and operation periods.

Role 2: Financial, Accounting, and Budget Management for Local Subsidiary (RRP)
1. Oversee RRP accounting and tax operations
・Take final responsibility for RRP’s monthly/annual closing, audits, and corporate tax filings.
・Establish and maintain compliance with Philippine accounting standards and tax laws.
・Report on RRP accounting and tax matters to RENOVA headquarters.
・Oversee RRP cash management

２．RRP Budget Management
・Consolidate budgets for various Philippine projects, lead budget formulation, variance analysis, and monthly management reporting for RRP, and report to RENOVA headquarters."

Onboarding Image

(6 months to 1 year)

・For JV governance and financial management:
In the first month, receive explanations from the current overseas business department staff and interact with related departments (EPC, FP, OP, GB, Legal) to understand expectations and set goals. Depending on progress, gradually take on Role 1 from the second month.

・For accounting, tax, and budget management:
In the first month, receive skill transfer from HQ accounting, management, and overseas business departments. Depending on progress, gradually take on Role 2 from the second month.

・For effective onboarding and collaboration with Philippine members, the reporting line will be to the site manager.

・For building JV financial and corporate governance, regular 1-on-1s will be set up with supporting departments (overseas business, FP, EPC, OP, GC, Legal) to support role execution.

Attractions

・Deep involvement in renewable energy development projects through JV financial and corporate management.

・Opportunity to fully utilize expertise in accounting, tax, and finance to contribute to projects.

・Interact with professionals in renewable energy projects both inside and outside the company, enabling personal growth through mutual challenge.

Capability/ Experience Required (Must)

・Certified Public Accountant (CPA) or equivalent accounting/finance qualification.
・Over 10 years of practical experience in finance, accounting, tax, and internal controls, with at least 5 years in management roles.
・Experience in project finance, fundraising, or financial management in power generation, infrastructure, or large-scale projects.
・Deep knowledge of Philippine accounting standards (PFRS) and tax laws.
・Ability to practically lead accounting, tax, and budget management for Philippine local subsidiaries (RRP) and SPCs.
・Deep knowledge of International Financial Reporting Standards (IFRS) and international taxation.
・Business-level or higher English proficiency (written and spoken)

Capability/ Experience Required (Plus)

・Practical experience in the renewable energy or power sector in the Philippines.
・Experience in financial and contract management under JV governance, especially collaboration with joint venture partners.
・Legal/contractual perspective to understand contracts such as SHA and apply contractual rights and obligations to financial operations.