Deputy Manager Generation

Our employees are the company’s greatest asset and form the foundation of our competitive advantage. We value innovation, imagination, and a strong commitment to attracting and retaining top talent. We strive to provide an encouraging and stimulating environment where every employee feels integral to the company’s mission and success.

Key Responsibilities

Budgeting (25%)
Prepare and monitor annual Operations & Maintenance (O&M) budgets aligned with business investment plans and regulatory requirements. Collaborate with cross-functional teams to gather budget inputs, ensuring 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. Create and maintain Work Breakdown Structure (WBS) in SAP for accurate budget data integration. Prepare and update budget manuals to guide user departments in effective budget management.

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 SOPs. Ensure compliance across O&M projects. Prepare monthly O&M commitments, including cash flow forecasts, utilization reports, and variance analysis. Support monthly reporting by tracking commitments, cash spending, and finance reports. Reconcile actual expenses with budgets and analyze variances. Develop monthly O&M performance reports highlighting key plant-level financial and operational metrics. Act as a finance business partner by supporting user departments with financial analysis, guidance, and compliance.

Profit & Loss (15%)
Prepare monthly plant-wise P&L statements based on tariff structures and detailed cost breakdowns. Collaborate with the reporting team 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, proposing measures to optimize value. Issue plant-wise P&L reports and work closely with plant management to identify gaps and opportunities for improvement.

MYT Compliance (10%)
Ensure adherence to investment plan limits and promptly report any variations. Develop and maintain long-term financial models analyzing plant lifecycle revenue, O&M expenses, and net reserves. Review long-term business planning and investment forecasts, highlighting risks and recommending solutions. Prepare regulatory submissions in compliance with NEPRA guidelines. Conduct impact analysis 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 strategies.

Ad-hoc Support (10%)
Provide assistance for regulatory and internal audit engagements. Support preparation of board requirements and investor analyses. Assist in compliance documentation and regulatory submissions. Deliver ad-hoc variance analyses to support leadership decision-making. Coordinate 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 goals. Collaborate with teams to identify and execute process optimization opportunities. Conduct risk assessments and audits to identify compliance gaps and recommend corrective actions. Develop and update Standard Operating Procedures (SOPs) ensuring adherence to accounting standards. Design automated workflows to streamline processes and improve efficiency. Evaluate business processes for automation potential while monitoring major project statuses. Support IT automation projects to enhance operational efficiency. Optimize approval management and team performance by improving accountability and motivation. Lead team management initiatives 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 within a regulated environment

KE is an equal employment opportunity employer committed to diversity and inclusion. We encourage applications from women and persons with disabilities. Suitability for persons with disabilities will be assessed in accordance with HSE standards.