Assistant Manager Business Finance - Budgeting & MYT

Our company values its employees as the greatest asset and key competitive advantage. We foster a culture of innovation and imagination, committed to attracting and retaining top talent by providing encouragement, motivation, and a sense of belonging to the company’s mission. We are seeking a Finance Business Partner to support the Manager in Finance Business Partner activities related to Transmission Routine – Grid Station Operations. This role primarily focuses on budgeting, controlling, and management reporting to ensure financial discipline and operational efficiency.

Key Responsibilities
- Lead budgeting, controlling, and reporting activities, including preparing annual CAPEX and REVEX budgets for all departments and monitoring actual consumption against forecasts.
- Develop monthly CAPEX and REVEX variance reports, including actual versus NEPRA-allowed reports, to enhance financial control and transparency.
- Analyze spending discrepancies and coordinate with relevant departments to address variances.
- Prepare and submit various reports related to the transmission network for regulatory bodies such as NEPRA.
- Monitor and report on transmission special projects, including timeline and budget evaluations before and after project execution.
- Ensure robust internal controls over expenditure, maintaining accurate transaction records and providing variance analysis throughout the year.
- Prepare monthly Plant Maintenance (PM) order settlement reports and work closely with user departments to resolve outstanding issues.
- Generate quarterly reports on CGTO goals, identifying and explaining any variances.
- Oversee closing activities, including monitoring plant maintenance orders and WBS for material procurement, issuance, and consumption.
- Coordinate with users to maintain settlement rules and ensure timely monthly settlements of plant maintenance orders and WBS.
- Review and report on CAPEX cash spending monthly, providing variance explanations to the Business Partnering team.
- Prepare monthly O&M and CWIP reports, explaining variances against the fiscal year budget.
- Reconcile invoices and payments monthly, resolving overdue payments and discrepancies.
- Ensure compliance with company policies, procedures, and signature mandates to strengthen financial controls.
- Liaise with transmission users, payables, treasury, and auditors to resolve discrepancies and facilitate smooth payment processing.
- Support SAP S/4HANA implementation by managing data migration from SAP ECC, conducting testing, and serving as the primary contact between the department and consultants.
- Participate actively in testing phases, providing feedback to improve system functionality.
- Assist in digitalization and innovation projects, including developing dashboards for enhanced control and reporting.
- Manage fixed assets by capitalizing quarterly, maintaining accurate asset master data, handling transfers and disposals, and collaborating with reporting teams to ensure data completeness.

Required Qualifications
- ACCA certification or MBA in Finance.
- 3-4 years of relevant experience in a business partnering role, preferably within finance or transmission operations.
- Strong financial analysis skills with proficiency in MS Office applications.
- Good command of SAP modules, particularly MM, PS, and FI.
- Excellent time management and communication skills.
- Ability to work effectively with internal and external stakeholders as a team player.

Preferred Qualifications and Additional Competencies
- Functional expertise in business acumen, financial and contract management, data analytics, supply chain, tax management, project and operational management, internal audit techniques, insurance fundamentals, and process safety management.
- Experience in performance monitoring, measurement, and financial management.
- Familiarity with business automation and digital transformation initiatives.

Our company is an equal opportunity employer committed to diversity and inclusion. We encourage applications from women and persons with disabilities, and suitability for persons with disabilities will be assessed according to health, safety, and environmental standards.