Deputy Manager Expenditure

K-Electric


Date: 3 weeks ago
City: Karachi
Contract type: Full time
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 prepare, process and monitor REVEX budgets/expenses of the Cluster.

AREAS OF RESPONSIBILITY

People

  • Provide guidance and direction to the teams.
  • Drive development and objective structurization plans.
  • Co-ordinate the performance management review process – probationary, mid and annual reviews; regular catch-up meetings with individual team members on periodical basis.
  • Maintain a favorable work relationship with the team to promote a cooperative and harmonious work environment.

Business

REVEX Budgeting And Monitoring

  • Assist Manager Finance in preparing REVEX budget for the entire cluster considering past trends and forecasted requirements.
  • Ensure coordination with Business Finance for creation of WBS pertaining specifically to REVEX items.
  • Monitor expenditure pertaining to Admin, Fleet, OSP, BDV, Daily Wages Hired Labour, CROs, Imprest, Conveyance and Other REVEX related items.
  • Arrange creation of CWRFs and undertake necessary coordination with counterparts in Civil departments for execution purposes.
  • Prepare interpretations and analysis of financial information gathered or received.
  • Assist in reconciling Imprest accounts of Cluster and other business units.

OSP & Fleet Services

  • Ensure creation of Fleet Requisitions and coordinate with Business Finance & Supply Chain Management for timely placement of CROs/POs to contractors/vendors of projects.
  • Prepare OSP Purchase Requisitions and coordinate with Business Finance & HR.

Processing And Scrutinizing Bills/Invoices

  • Process and verify contractors’ invoices for BDVs, DWHLs, CM CROs and Imprest settlements.
  • Monitor MNCV test forms, process contractors’ invoices and account reimbursement/settlements.
  • Verify fleet related invoices for expenditure made other than routine course of business (hiring of lifter/crane/excavator, fuel purchased for emergent situations etc.) and coordinate with Business Finance for swift processing.
  • Carry out verification and reimbursement of conveyance charges for the dispatchers of the cluster.

Data Analysis

  • Conduct periodic analysis on Budget Vs Actual for REVEX heads.

Health, Safety & Environment

  • Ensure that department operates in accordance with all the applicable health, safety and environmental protocols leading towards safety and well-being of staff & public.

Minimum Requirements

Education & Relevant Experience: Graduations / Accounting Certification.

  • 2 to 3 years’ relevant experience.

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.

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