Manager Budgeting & Planning

K-Electric


Date: 2 weeks ago
City: Karachi
Contract type: Contractor
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

The position serves as the focal point for Generation budgeting, forecasting, asset and inventory governance, project closure, performance monitoring, regulatory coordination, management reporting, and process automation initiatives. The role supports business decision-making through financial and operational analysis, cost optimization, compliance management, and continuous performance improvement across the Generation portfolio.

Education

  • ACA / ACCA / ACMA or equivalent professional qualification
  • MBA (Finance, Accounting, or Business Administration) preferred

Knowledge & Skills

  • Financial Planning & Performance Management
  • Asset, Inventory & Project Governance
  • Regulatory Compliance & Audit Coordination
  • Business Analytics, Reporting & Process Automation
  • SAP/ERP, Power BI & Advanced MS Excel
  • Leadership, stakeholder management, and communication skills

Experience

  • 5 to 7 years of relevant post-qualification experience in financial planning, business performance management, asset management, regulatory affairs, or business analytics
  • Experience in Power, Energy, or Utilities sectors preferred
  • Proven experience in stakeholder and team management

Area Of Responsibilities

  • Business Planning, Performance & Reporting
  • Manage Generation budgeting, forecasting, profitability analysis, and financial performance monitoring activities.
  • Prepare periodic and ad-hoc management reports, dashboards, and business insights to support management decision-making.
  • Monitor O&M costs and business performance trends and highlight opportunities for operational and financial improvement.
  • Manage financial and commercial matters related to outsourced operations and maintenance contracts, including budget monitoring, invoice verification, cost analysis, contract performance reviews, and management reporting.
  • Benchmark Generation performance against industry standards and NEPRA requirements and key insights to management.
  • Support business case evaluations, cost-benefit analyses, and performance enhancement initiatives.
  • Review performance of generating plants and highlight key areas for improvement.
  • Asset, Inventory & Project Governance
  • Oversee fixed asset lifecycle management, capitalization, asset standardization, and governance activities.
  • Manage inventory optimization, categorization, cleansing, and control activities across Generation facilities.
  • Coordinate project financial closure, settlement, capitalization, and post-implementation reviews.
  • Ensure accuracy, integrity, and compliance of asset, inventory, and project-related records and reporting.
  • Regulatory, Audit & Compliance Management
  • Act as the focal point for regulatory matters, data requests, and compliance requirements, including coordination with NEPRA.
  • Coordinate with Internal and External Auditors and ensure timely resolution of audit observations.
  • Support enhancement of internal controls, governance processes, and compliance with company policies and regulatory obligations.
  • Provide timely responses to management, regulatory, and audit-related queries.
  • Process Improvement, Stakeholder & People Management
  • Manage reporting enhancement, process automation, and digital transformation initiatives within the function.
  • Collaborate with Plant Operations, Finance, Supply Chain, HR, Regulatory Affairs, and management to achieve departmental objectives.
  • Supervise, develop, and mentor team members while promoting accountability, collaboration, and continuous improvement.
  • Support departmental objectives through effective planning, prioritization, and execution of assigned initiatives.

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.

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