Manager Budgeting & Planning

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
Focal position for Generation budget preparation, Scorecard execution/monitoring and station wise P&L preparation and monitoring. It also acts as a focal person for automation projects of BF generation and a central response center to all stakeholders’ queries including regulator (NEPRA) and internal audit. 

This position is responsible for presentation and discussion of performance through balanced scorecard which allows Generation Plants for effective decision making & provide visibility on their direction and what needs to be alter to meet their medium/long-term goals. Benchmarking of Generation costs with industry. Persuade technical team in changing their strategies related to performance & cost controlling measures in their Capex & Revex expenditure, so Generation should remain align with allowable tariff and guidelines issued by regulatory body (NEPRA). Furthermore, present all stakeholders, station-wise profitability to identify areas of improvement; it helps management to set strategy for weak and non-profitable areas. Support higher management in deciding on policy reward / incentive distribution through cost-benefit analysis reporting. 

Moreover, on ad-hoc basis this position supports in dealing with regulator and internal audit.
 

Education
ACA/ ACCA/ ACMA or similar qualification/ MBA Finance 

Knowledge
Experience
5-7 years of experience

Area of Responsibilities
1    Periodic / Ad-hoc Management Reporting
•    Discuss with Plant heads on reports of Generation function data, in order to facilitate quality decision-making; and highlight areas of improvement.
•    Present & discuss ideas for improvement in performance through Quarterly reports over budget planning deviations, inventory accumulation, O&M cost, take-away and action items.
•    Measure company performance with industry benchmarks and NEPRA standards. Disseminate information to management.
•    Compare the performance of generating plants and highlighting the key areas for improvement    

2    Compliance Support   
•    Liaison with internal auditors to identify the risky areas which provide opportunity to place better internal controls.
•    Coordinate with regulator (NEPRA) in documents and data verifications.    

3    Process Automation, Financial Modeling & Compliance    
•    Enhance reporting through maximum utilization of system.
•    Explore the opportunity for process improvement and paperless environment
•    Eliminate repetitive tasks through automation such as Generation Scorecard Dashboard.
•    Pre and post project evaluations and monitor status of major projects (timelines and budgets)    

4    Generation Scorecard Management    
•    Supervise preparation of Generation Scorecard to meet company’s overall goal.
•    Identify & set Generation’s Commercial & Technical KPIs with incentives on meeting targets.
•    Report performance on quarterly basis along with possible opportunities to meet targets.
•    Continuous monitoring abnormal and wrong cost charged to any station and make required correction in system, so correct KPI should be reflected. 
•    Check reasonableness of outliers shared by users; getting approval against outliers if required. 
•    Calculate policy reward based on set criteria, get it approved from higher management keeping in view cost benefit analysis.
•    Coordinate with HR department to support the distribution of approved incentives.     

4    People Management    
•    Provide leadership and direction to the teams.
•    Prioritize critical and urgent projects/ tasks/ assignments.
•    Regular mentoring of the subordinates to ensure they maintain sense of ownership and accountability.
•    Delegate the responsibilities to the direct reports and creates a sense of urgency and responsibility.
•    Motivate team through Feedbacks, brainstorming sessions and assigning challenging tasks.
•    Identifies training and development requirements of subordinates to take future roles.
•    Manages performance of direct reports through objective setting, continuous support, feedback, and formal appraisal; Coordinate with HR for recruitment of new talent    
 

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.