Deputy Manager Generation

Our company values its employees as its 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. This role is integral to driving financial planning, budgeting, and reporting processes while ensuring compliance with regulatory standards. Acting as a finance business partner, the position supports user departments with analysis, guidance, and insights to facilitate effective decision-making, resource allocation, and long-term investment planning. Additionally, it ensures financial control over operations and maintenance (O&M) activities, develops performance reports, and promotes sustainable business growth and governance.

Key Responsibilities

Budgeting (25%)
Prepare and monitor annual O&M budgets aligned with business investment plans and regulatory requirements. Collaborate with cross-functional teams to gather budget inputs and ensure alignment with organizational goals. Monitor Multi-Year Tariff (MYT) allowances and maintain budgets consistent with NEPRA approvals. Develop detailed budget reports and presentations for management and Board review. Coordinate with the Budgeting and Planning team to address queries from management, the Board, and investors. Maintain Work Breakdown Structure (WBS) in SAP for accurate budget data integration. Prepare and update budget manuals for user departments to standardize budgeting procedures.

Reporting (30%)
Conduct variance analysis to identify and explain budget deviations. Monitor financial performance against targets, providing insights for resource allocation and expenditure control. Manage budget approvals in accordance with financial mandates and standard operating procedures (SOPs). Ensure compliance with financial regulations across O&M projects. Prepare monthly O&M commitments, including cash flow forecasts, utilization reports, and variance analysis. Support monthly reporting activities by tracking commitments, cash spending, and finance reports. Reconcile actual expenses with budgets and analyze variances. Develop monthly O&M performance reports highlighting key financial and operational metrics at the plant level. Serve as a finance business partner by supporting user departments with financial analysis, guidance, and compliance.

Profit & Loss (P&L) Management (15%)
Prepare monthly plant-wise P&L statements based on tariff structures and detailed cost breakdowns. Collaborate with reporting teams to allocate central costs such as O&M, finance costs, and other expenses. Coordinate with plant teams to manage cost allocations within generation plants. Perform revenue and cost reconciliations to identify loss or gain drivers, recommending measures to minimize losses and maximize value. Issue plant-wise P&L reports and liaise with plant management to identify gaps and opportunities for value addition.

MYT Compliance and Financial Modeling (10%)
Ensure adherence to investment plan limits and promptly report any deviations. Develop and maintain long-term financial models analyzing plant lifecycle revenue, O&M expenses, and net reserves to provide actionable insights. Review long-term business planning and investment forecasts, highlighting risks and proposing solutions. Prepare regulatory submissions in compliance with NEPRA guidelines. Conduct impact analyses of tariff changes on plant profitability and cash flows. Coordinate with regulatory bodies to address queries and provide supporting documentation. Develop scenario analyses for tariff adjustments, investment plans, and risk mitigation.

Ad-hoc Support (10%)
Support regulatory and internal audit engagements. Assist in preparing board materials and investor analyses. Aid in compliance documentation and regulatory submissions as required. Provide ad-hoc variance analyses to support leadership decision-making. Collaborate with cross-functional teams to fulfill urgent data requests and reports. Support special projects such as cost rationalization, benchmarking, and policy reviews.

Policies, Process Improvements, and Automation (10%)
Implement budget policies to achieve financial objectives. Identify and execute process optimization opportunities in collaboration with relevant teams. Conduct risk assessments and audits to detect compliance gaps and recommend corrective actions. Develop and update SOPs ensuring compliance with accounting standards. Design automated workflows to streamline processes and improve efficiency. Evaluate business processes for automation potential and monitor major project statuses. Support IT automation initiatives to enhance operational efficiency. Optimize approval management and team performance by improving accountability and motivation. Lead team management efforts focused on continuous skill development and professional growth.

Required Qualifications
- ACCA, ICMA, MBA, or a relevant degree
- 4-5 years of relevant experience in financial planning, budgeting, and reporting

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