Assistant Manager Business Finance - Budgeting & MYT

Our employees are our company's greatest asset - they are our real competitive advantage. We possesse immense power of innovation, immagination and a desire to attract and retain the best; provide them with encouragement, stimulus, and make them feel that they are an integral part of the company's mission.

Purpose

To Provide support to Manager in Finance Business Partner activities related to Transmission Routine – Grid Station Operations. Primarily responsible for Budgeting and Controlling activities along with Management reporting.

Education (Mandatory)

ACCA or MBA Finance

Trainings & Certifications

 Have good financial analysis skills

 Proficient in MS Office.

 Good command over SAP (MM/PS/FI)

 Good time management.

 Good communication skills.

 Experience of Business partnering role, should be comfortable dealing with internal / external stakeholder

 Team player

Years Of Experience

3-4 years experience

Functional Competencies

Business Acumen_AM-DM

MS Office Tools_AM-DM

Financial Acumen_AM-DM

Contract Management_AM-DM

Business Partnering _AM-DM

Data Analytics and Reporting_AM-DM

Industry Principles and Concepts_AM-DM

Supply Chain Management_AM-DM

Tax Management_AM-DM

Performance Monitoring and Measurement_AM-DM

Project Management_AM-DM

Operational Management _AM-DM

Financial Management_AM-DM

SAP Management_AM-DM

Internal Audit Techniques_AM-DM

Insurance Fundamentals_AM-DM

Process Safety Management_AM-DM

Area Of Responsibilities

• Budgeting, Controlling & Reporting
• Assist in preparing the annual CAPEX and REVEX budgets for all departments and monitor them against actual consumption to ensure effective control and accurate reporting.
• Prepare monthly CAPEX and REVEX variance reports, along with actual vs. NEPRA-allowed reports, to enhance control and monitoring.
• Review actual spending against forecasted targets, analyze discrepancies, and coordinate with users to address any gaps.
• Prepare various reports for the transmission network for submission to NEPRA and other regulatory agencies.
• Monitor and report on the status of transmission special projects, including pre- and post-evaluation of timelines and budgets.
• Ensure proper internal controls are in place for expenditure consumption, with all transactions accurately accounted for, and provide variance analysis and explanations throughout the year.
• Prepare monthly PM order settlement reports to identify and resolve outstanding issues in coordination with the user department.
• Prepare quarterly reports on CGTO goals, identifying reasons for any variances.
• Closing Activities
• Monitor plant maintenance orders and WBS for material procurement, issuance, and consumption.
• Coordinate with users to maintain settlement rules for orders and resolve any issues to ensure timely settlements.
• Perform monthly settlements of plant maintenance orders and WBS.
• Review and monitor CAPEX cash spending on a monthly basis, reporting variances with explanations to the BPR team.
• Prepare monthly O&M reports, providing explanations for variances against the FY-25 budget.
• Prepare monthly CWIP reports, explaining variances against the FY-25 budget.
• Reconcile invoices and payments on a monthly basis, addressing any overdue payments at KE's end and resolving discrepancies.
• Management
• Ensure compliance with company’s policies, procedures, and signature mandate for better controls, especially over financial reporting.
• Coordination and liaison with transmission users to resolve discrepancies.
• Coordination and liaison with transmission users, payables team and treasury for smooth processing of transmission payments.
• Coordination with external and internal auditors.
• Business Automation
• Support the implementation of SAP S/4HANA, ensuring accurate and efficient data migration from SAP ECC, including thorough testing and validation to maintain data integrity.
• Serve as the primary point of contact between the department and consultants, ensuring clear, timely communication focused on achieving project goals.
• Actively participate in testing phases, identifying issues or areas for improvement, and providing feedback to consultants to enhance system functionality.
• Provide support in digitalization and innovation initiatives, including the development of new dashboards for improved control and reporting.
• Fixed Assets
• Capitalize fixed assets on a quarterly basis, and report on fixed assets status.
• Ensure completeness and accuracy of the asset master data.
• Manage fixed asset transfers and disposals, ensuring all required information is provided before approvals.
• Ensure the completion of FAR data and collaborate with the reporting team to address various subject matters.
  
  

KE provides equal employment opportunity (EEO) to all persons regardless of age, color, origin, physical or mental disability, race, religion, creed, gender, marital status, status with regard to public assistance or any other characteristic protected by federal, state or local laws.

Women and persons with disabilities are encouraged to apply. Role suitability for PWDs will be assessed in accordance with HSE standards.