Manager Budgeting and Modelling

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

Responsibilities

The purpose of this position is to manage the tariff and subsidy related matters and is primarily responsible to undertake the following tasks / responsibilities:

• Ensure timely completion of annual budgeting activity through coordination with companywide stake holders and preparation of annual budget model
• Preparation and updation of KE Long term business plan and financial model for submission to external stakeholder as well as for internal decision making
• Comparision of actual performance against budget and presenting analysis of the same to shareholder as well as senior management
• Performing adhoc analysis of company performance to assist senior leadership in decision making or presenting analysis to Board of Directors
• Oversee and ensure effective implementation to automate and bring efficiency in creation of budget and long term model in collaboration with internal stakeholders
  
  

The position requires regular engagement with internal user departments as well as external parties including Lenders, External Auditors etc with a view to ensure accurate and timely of budget activity and long term model. Moreover, it requires sound understanding of KE’s business and its dynamic business environment to ensure quality reporting to senior management for the purpose of strategic decision making.

Education

Qualified Chartered Accountant

Knowledge

Experience

5 years of professional experience

Competencies

Contract Management_MGR-GM

Data Analytics and Reporting_MGR-GM

Industry Principles and Concepts_MGR-GM

Supply Chain Management_MGR-GM

Project Management_MGR-GM

Mental Agility_MGR-GM

Internal Audit Techniques_MGR-GM

Operational Management _MGR-GM

Drives Results_MGR-GM

SAP Management_MGR-GM

Drives Change_MGR-GM

Financial Acumen_MGR-GM

Treasury Management_MGR-GM

Building High Performance Teams_MGR-GM

Cyber Security Fundamentals_MGR-GM

Insurance Fundamentals_MGR-GM

Business Acumen_MGR-GM

Business Partnering _MGR-GM

Market Reforms_MGR-GM

Renewable Energy Management_MGR-GM

Performance Monitoring and Measurement_MGR-GM

Sustainability Management_MGR-GM

Project Financing_MGR-GM

Self Awareness_MGR-GM

Stakeholder Management_MGR-GM

Area Of Responsibilities

Preparation of annual budget presentation & periodic forecasting - 40%

• Co-ordination in relation to data requirements and preparation and timely circulation of budget presentation to be presented to leadership ;
• Co-ordinate and contribute in relation to automation of budget preparation process through implementation of various automation tools;
• Co-ordinating, review and submission of Periodic forecasts based on updated assumptions for submission to leadership/Board
  
  

Long-Term Budget Adjustments - 35%

• Conduct a comprehensive review of the current long-term budget to identify areas for potential adjustments.
• Collaborate with relevant stakeholders, including department heads and strategic planners, to gather insights on any changes in business priorities or external factors influencing the long-term forecast.
• Develop a structured process for reconciling discrepancies between the budgeted and actual long-term figures, ensuring accuracy and transparency.
• Implement regular reviews and updates to the long-term forecast based on evolving market conditions, regulatory changes, and emerging business opportunities or challenges.
• Perform ad hoc analysis on specific areas of the long-term budget, providing detailed insights to support strategic decision-making.
• Establish key performance indicators (KPIs) to measure the effectiveness of long-term budget adjustments and ensure continuous improvement.
• Communicate changes and updates to the long-term forecast to relevant stakeholders, fostering transparency and alignment with organizational objectives.
• Review impact on subsidy of changes in tariff determination and communicating the analysis to senior management
• Responding to queries of external and internal stakeholders related to the matters of Subsidy filing / filed
  
  

Special Assignments and Tasks - 15%

• Periodically carryout markup calculations taking into account internal assumptions in relation to key receivable /payables balances (i.e. SSGC, KWSB, TDC and NTDC) and work out KE's possible exposure
• Co-ordinate and contribute in relation to automation projects and other process improvement areas;
• Preparing, reviewing and submissions of responses to queries and other information requirements of Board of Directors
• Develop and maintain close partnerships with business/operational counterparts and represent in cross-functional, cross-organizational teams involved related tasks
  
  

Area of Responsibility Continued

People management and training - 10%

• Lead and manage team members according to their roles and ensure learning and development to support succession planning
• Ensure continuous professional development of self and the team members through required trainings to enhance performance
  
  

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.