Treasury & Risk Management Specialist
Makati - Head Office
JOB SUMMARY
The Treasury & Risk Management Specialist shall provide analytical and administrative support to the functions of the Treasury and Risk Management Head, particularly in the areas of risk management, insurance management, and financial planning. The incumbent will also be tasked to do other reporting and possible recommendations in relation to the above functions. Other projects or duties, not directly related to the above-specified functions may also be assigned to the employee as per management directives and organizational needs.
ACCOUNTABILITIES
The Treasury & Risk Specialist shall be responsible for the overall monitoring of DMCI Power Corporation's (DPC) and DMCI Masbate Power Corporation's (DMPC) insurance requirements.
The person in charge shall undertake the regular assessment and critical review of insurable risks and perils to which the Group may be potentially exposed and subsequently facilitate the procurement of applicable insurance policies.
The Treasury & Risk Specialist shall ensure the timely reporting and monitoring of new insurance placements, renewals, and claims requests. He/she must perform periodic assessments of all insurance policies to ensure the sufficiency, adequacy, and completeness of coverage. The incumbent will oversee the efficient and effective administration of insurance policies; coordinate with various departments to gather data; organize and analyze reports; and maintain the completeness and accuracy of records.
QUALIFICATIONS
Graduate of any four-year course preferably CPA or Finance Graduate;
At least three (3) years of relevant work experience;
Analytical skills;
Excellent oral and written communication skills;
Accuracy in detail; and
Computer literate.
The DMCI Power Corporation (DPC) was established in 2006 to provide reliable and efficient electricity to the underserved communities in the grid and off-grid areas of the country.DPC serves as the primary generation arm of the DMCI Holdings, Inc., a publicly listed company. With its establishment, the commitment of the parent company to energize communities devoid of adequate power services began to materialize. To fulfill this goal, DPC participated in selected National Power Corporation—Small Power Utilities Group (NPC-SPUG) contracts. In 2007, the NPC awarded to DPC, after a competitive selection process, the right to supply power to the island of Masbate for fifteen (15) years through a Power Supply Agreement with Masbate Electric Cooperative (MASELCO).DPC constructed a diesel power plant in Brgy. Tugbo, Mobo, Masbate and two satellite plants in Aroroy and Cataingan with a total installed capacity of 24.4 megawatts.The DMCI Masbate Power Corporation (DMPC), established to own and operate the power plants built and a 100% subsidiary of DPC, eventually took over the power supply operations and commitment in the island of Masbate. The commercial operations of the plants started on 26 July 2010.Subsequently, DPC participated in the public auction of government’s generating assets. It acquired through a competitive bidding the ownership of the 600 MW Batangas Coal-Fired Thermal Power Plant located in Calaca, Batangas. A new company, Sem-Calaca Power Corporation (SCPC), was established to own the acquired assets and in June 2010, DPC was contracted to operate and maintain the plant, under an Operation & Maintenance Agreement with SCPC.DPC managed the major rehabilitation works of Unit I and II to bring the plant to a more reliable level of operations and to update its technologies to ensure that it keeps pace with current international practices.The complete rehabilitation works for Units 1 and II increased the plant capacity to at least 500 MW.DPC further gained headway in its venture in the power sector when it was declared the winning bidder in the Private Sector Participation for Power Generation in the Province of Palawan last 17 July 2012. On 25 July 2012, it was awarded the contract (in the form of a Power Supply Agreement) as the third New Power Provider (NPP) to supply the 25 MW Guaranteed Dependable Capacity requirement of Palawan.Pursuant to the Power Supply Agreement with the Palawan Electric Cooperative (PALECO), DPC commenced the construction of diesel generating sets in the island and continues to complete the 25MW capacity it committed to deliver to fuel the booming tourism and construction sectors in Palawan.On the threshold to success, DPC continues to participate in the competitive bidding for a selected number of NPC-SPUG contracts and Power Sector Asset and Liabilities Management (PSALM)’ Corporation’s privatization of power generation assets. DPC also targets to provide power to leading industrial corporations across the country.Built on solid ground, the initial successful undertakings that DPC accomplished brought the company one step closer to its vision of becoming a major player in the power industry.