Manager Fuel Management
K-Electric
Date: 3 days 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
This position is primarily responsible to support GM BF Generation in securing & ensuring fuel supply and engages in negotiations with vendors such as PLL, PSO, BYCO, Shell etc for existing & upcoming power projects and engages in Contracts monitoring & management.
Education & Relevant Experience: Professional qualification with 5 years of PQE in with 3 years preferably in energy sector in the areas of Contract Management, Fuel Supply Management, Financial Modelling, Budgeting, Reporting & Data Analysis.
Areas Of Responsibility
Purpose
This position is primarily responsible to support GM BF Generation in securing & ensuring fuel supply and engages in negotiations with vendors such as PLL, PSO, BYCO, Shell etc for existing & upcoming power projects and engages in Contracts monitoring & management.
Education & Relevant Experience: Professional qualification with 5 years of PQE in with 3 years preferably in energy sector in the areas of Contract Management, Fuel Supply Management, Financial Modelling, Budgeting, Reporting & Data Analysis.
Areas Of Responsibility
- Management of existing FSAs with PSO & BYCO and their amendments, extensions, and negotiations
- Management of RLNG procurement process ranging from financial feasibility to ensuring long term supply of RLNG after expiry of PLL GSA
- Business finance focal person for HSDO procurement and its contract drafting and negotiations and ensures NEPRA compliance.
- Manages HSDO contract and ensure its availability for commissioning tests and daily replenishment
- Engages in RFP Preparation, tendering, bidder meetings, bids analysis & evaluation for GSA / FSA & E.
- Reviews the contract development (EPC, FSA, HoA) in liaison with various internal & external stakeholders to identify the risk and responsibilities involved in long term contracts for new projects
- Negotiates and exchange of information with PSO, Shell, BYCO, PLL to finalize the terms and conditions of the contract
- Reviews the draft for the final contract and provide data-driven decision support analysis to obtain approvals from the management
- Engages in end-to-end process of projects related to Fuel Supply Management and coordinate, liaison, review & presentation to leadership for their approvals.
- Resolves roadblocks such as cash flow issues, compliance of SOP's and variations orders during the project development stages; issues / LD's resolution during the course of the contracts
- Facilitates and ensures that payments are made to vendors in accordance with the contract and in timely manner.
- Obtains & collects data for evaluation & provides NPV, IRR, MIRR, Payback & other decision-making support for high-value projects
- Provides sensitivity analysis
- Prepares financial models for an array of objectives such as EMO, Bid Evaluation, Financial Feasibility etc
- Critically reviews financial models received from bidders and evaluate financial implications & advantages for KE.
- Prepared annual budget and quarterly forecasts
- Assists in the development and implementation of goals, policies, priorities, and procedures relating to financial management, budget, accounting, or health care
- Drives sense from data via various analytical approaches and presents in meaningful format for decision making.
- Liaison with internal auditors to identify the risky areas which provide opportunity to place better internal controls.
- Enhance reporting through maximum utilization of system.
- Explore the opportunity for process improvement and paperless environment
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