Advertised:11-10-12 | Closing Date:10-12-12
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Boracay Island Water Co.

Boracay Island Water Company (BIWC) is the joint venture company of Manila Water Company, Inc. and the Philippine Tourism Authority (now Tourism Infrastructure and Enterprise Zone Authority). It delivers potable water and sewerage services and drainage management to twenty three thousand local residents, mostly low income communities, of Boracay Island, Malay, Aklan Philippines.
BIWC was incorporated on December 7, 2009, and commenced operations last January 1, 2010. The Company services three (3) barangays of the Island of Boracay namely Manoc-Manoc, Balabag, and Yapak, including the commercial districts popularly known as Stations 1, 2 and 3, where an influx of approximately seven hundred fifty thousand (750,000) tourists visit annually. It also manages and operates the only sewerage system in the island covering approximately twenty two percent (22%) of its service area.
BIWC is currently looking for talented and committed individuals:

Finance And Administration Manager (Boracay)
Western Visayas - Boracay Island


  • Develops, plans and implements goals and objectives for the finance and administration department, prepares and administers internal policies and procedures relating to departmental program activities; interprets and explains applicable rules, laws and regulations to supervisors and others
  • Directs, oversees and participates in the departmental program work plan; assigns work activities, finance and administration projects and programs; monitors work flow; reviews and evaluates work products, methods and procedures; implements needed work process and automation improvements and methods for improving customer service
  • Manages the preparation and maintenance of a variety of financial records and reports, including those related to the general ledger, accounts payable, accounts receivable, payroll, job costing, inventories, budgets and fixed assets; ensures the purchasing of materials, supplies and equipment are conducted in accordance with the Company’s policies and procedures
  • Oversees preparation and presentation of the Company’s annual budget; supervises data gathering and financial planning work associated with rate setting; prepares rate analyses
  • Oversees cash management, investment, and debt management activities
  • Coordinates departmental activities with other departments; provides responsible advice and counsel to the General Manager, and department managers on a variety of financial and administrative issues; oversees the maintenance of departmental records and files; administers liability claims and property insurance programs
  • Manages information technology support services for the Company including installation, maintenance and upgrade of both mainframe and network based applications pursuant to an information technology master plan; through user groups and other means, explores opportunities to improve efficiency and productivity through user friendly information technology enhancements
  • Conducts financial reviews of Company operations and activities and reports findings and recommendations to the General Manager and Board of Directors; serves as liaison with external auditors and coordinates their activities on behalf of the Company
  • Attends Board of Director and Board Committee meetings; prepares and presents staff reports and agenda items for consideration by the Board; serves as advisor to the General Manager and Board as to financial planning and administration
  • Coordinates preparation of the annual budget request for the Company; reviews staffing, equipment, and supply needs based upon recent trends and planned activities; monitors expenditures after budget adoption; approves purchase requisitions
  • Interviews and hires new staff; prioritizes, assigns and reviews work; approves time off for payroll purposes, and prepares employee performance evaluations; monitors and participates in employee relations activities within the department
  • Performs other related work as required


  • Candidate must possess at least a Bachelor's/College Degree , Post Graduate Diploma / Master's Degree, Professional License (Passed Board/Bar/Professional License Exam), Post Graduate Diploma / Master's Degree, Finance/Accountancy/Banking or equivalent.
  • Should be a Certified Public Accountant
  • With eight years of full time accounting or financial management experience, at least four of which was in a supervisory or administrative capacity
  • Knowledgeable in SAP is a plus
  • Applicants must be willing to work in Boracay Island.
  • Preferably Assistant Manager / Managers specializing in Finance - Corporate Finance/Investment/Merchant Banking or equivalent.
  • Full-Time position(s) available.

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