Deputy Manager Business Finance Generation - BQPS

Purpose

The position is responsible for assisting supervisor in controlling & reviewing the financial/commercial matters of Business Development Projects under existing and new Power Purchase Projects exploration and expansion package containing series which includes assessment of project cost at feasibility stage, review of bid documents and power purchase related contracts and agreements, perform commercial analysis and negotiate offers in PPAs with Power Producers.

Further, compilation of annual budget in line of business plans and subsequent monitoring with reference to contractors’ payments, CAPEX and REVEX spending.

The objective of the position is to act and assist the supervisors in project controlling and manage project commercial risks in all activities in accordance contract terms, company policies, NEPRA regulations and applicable delegation of authority.

Education

Member of Professional Accounting Body (ICAP/ACCA/ICMA etc.)

MBA

Knowledge

Project Controlling

Contract Management

Business Modelling

Procurement Control

Regulatory and Management Reporting

Budgeting and Controlling

Accounting Standard and Basic Tax Rules

Understanding of Utility Business

SAP FI, MM, PS and Open Text modules

Experience

4-5 years of experience

Competencies

MS Office Tools_AM-DM

Treasury Management_AM-DM

Contract Management_AM-DM

Data Analytics and Reporting_AM-DM

Industry Principles and Concepts_AM-DM

Supply Chain Management_AM-DM

Tax Management_AM-DM

Mental Agility_AM-DM

Project Management_AM-DM

Operational Management _AM-DM

Financial Management_AM-DM

SAP Management_AM-DM

Drives Change_AM-DM

Drives Results_AM-DM

Internal Audit Techniques_AM-DM

Insurance Fundamentals_AM-DM

Building High Performance Teams_AM-DM

Business Acumen_AM-DM

Technical Writing_AM-DM

Financial Acumen_AM-DM

Business Partnering _AM-DM

Performance Monitoring and Measurement_AM-DM

Sustainability Management_AM-DM

Self Awareness_AM-DM

Stakeholder Management_AM-DM

Process Safety Management_AM-DM

Area Of Responsibilities

• Budgeting and Controlling (25%)
• Review and compile the annual CAPEX and REVEX budget in coordination with User department with subsequent controlling and reporting.
• Prepare the budget report for management and Board approval.
• Asist in analyzing complex financial information for management decision support.
• Review the actual spending against targeted forecast and analyze the Gaps in coordination with user.
• Liaison with Contractors on Payment and shipment schedule in order to monthly revisit budgeted forecasts.
• Coordinate with Budgeting and Planning in order to respond the queries of Management, Board and investor.
• Project Controlling and Business Partnering (40%)
• Assist in reviewing contract/agreements and benchmarking them with other related projects.
• Assist in preparing comparatives of critical commercial and financial points for discussion and negotiation with the IPPs / vendors
• Assist in reviewing project feasibilities and conducting market/ industry research for projects that are relatively new to the company.
• Verify and reviewing project, IPPs and other invoices and ensuring compliance with contracts/ POs.
• Reviewing and controlling financial/ commercial activities of user departments.
• Assist in Ongoing monitoring and reviewing monthly progress of projects and attending meeting with users and vendors.
• Preparing Payable balance reconciliation of Independent Power Producers and Captive Power Producers.
• Co-ordination and liaise with support departments to meet their expectations and for better controlling
• Assist in participating and effectively communicating commercial and financial points during project and other user department meetings and presentations.
• Assist in carrying out commercial closure of the Project along with relevant user department.
• Review and analyze contract terms & condition, BOQs and other schedule before contract signing with procurement and technical team.
• Monitor project commercial activities such as compliance of contract and its schedule during execution.
• Coordinate with project team for project activities reviews.
• Provide support to project team for the timely completion of project.
• Ensure the accuracy and effective time management while processing payments to contractors / IPPs
  
  

Area of Responsibility Continued

• Reporting and MIS (20%)
• Prepare monthly budget Revex & Capex variance Report for User department.
• Prepare monthly Finance Management Report & Quarterly report of IPPs progress
• Prepare monthly IPPs report for their outstanding issues and settlement. This report helps for identifying and timely closure of issues in coordination with user department
• Support the regulatory department in order to respond all query from NEPRA related to project. Make sure the effective and accurate communication with user department.
• Assist in preparing of various reports for Power Projects for onward reporting to NEPRA and other regulatory agencies.
• Prepare pre and post project evaluation and monitor status of major projects (timelines and budgets)
• Explore the opportunity for process improvement, reduction in repetitive tasks and encourage paperless environment.
• Ensure the accurate recording of project assets and expenses and timely capitalization.
• Management (15%)
• Ensuring compliance with company’s policies, procedures and signature mandate for better controls specially over financial reporting.
• Coordination and liaison with project team to resolve discrepancies.
• Coordination and liaison with project team, payable team and Treasury for smooth processing of IPPs payments.
• Coordination with external and internal auditors.
• Assist and Suggesting to carrying out IT related automation projects to induce efficiency and effectiveness in processes.
• Assist in preparing and update SOPs and approval man management, optimizing team performance by improving energy levels
• Team management and devising measures for continuous improvement of skills of team members.date related to business areas (where applicable)
• People