Fresh CA / ACMA

Or 

ACCA / MBA preferably in Finance from HEC recognized university with at least 4 years of experience

JOB SUMMARY

The main purpose of this position is to evaluate and review organization’s daily, weekly, and monthly cash flows. The incumbent is also responsible to ensure that bills are paid on time and resolve any bottlenecks pertaining to payment postings or refunds.

JOB RESPONSIBILITIES

• Support cash management operations at field offices on a daily basis to ensure smooth process. 
• Manage the processing of daily cheque payments right from the stage of cheque preparation through disbursement to contractors, suppliers and staff.
• Ensure that cheque payments are prepared within 24 hours of the receipt of payment voucher from the user department. 
• Verify vouchers pertaining to tax deductions and other fees of employees and contractors. 
• Initiate delivery of cheques through courier on a daily basis.
• Verify the accuracy of posting / payment related entries in the ERP system and disbursement. 
• Contribute in the preparation of reconciliation reports and resolve any discrepancies. 
• Check bank reconciliations of assigned accounts on a timely basis and resolve any outstanding issues on a timely basis. 
• Compare the pay orders and cheques received against accounts receivable invoices and ensure that these are deposited in Disbursement Bank Accounts. 
• Ensure that posting / deposit entries are timely made within the ERP – Account Receivables module. 
• Support in the review, analysis and fulfillment of cash management requirements of Cash Offices. 
• Review and monitor cash in hand reconciliations. 
• The individual shall ensure compliance to the Enterprise Risk Management Framework enforced in the Company while performing job responsibilities in accordance with his assigned role.
• The individual shall ensure compliance to the Business Principles and Ethics Policy / Code of Conduct.
• Undertake any other assignment as instructed by immediate supervisor.

Fresh CA / ACMA

Or 

ACCA / MBA preferably in Finance from HEC recognized university with at least 4 years of experience

JOB SUMMARY

The main purpose of this position is to supervise the preparation of monthly gas sales schedule and reconciliation reports. Review and update quarterly and annual budget for review by management and respond to Oil and Gas Regulatory Authority’s (OGRA) queries and submit timely quarterly/annual templates as prescribed by OGRA.

JOB RESPONSIBILITIES

• Supervise preparation of category-wise monthly gas sales schedule for industrial, domestic and commercial users. Sales schedules include: Gas sales in volume (CM, MCF, and MMBTU), Gas charges, meter rent, GIDC-CESS, general sales tax (GST), withholding tax, gas development surcharges and late payment surcharges.
• Review provisions for doubtful debts and detailed reports pertaining to live and disconnected customers for review by management. 
• Participate in the preparation of GST and Cess payment statements for submission to Government of Pakistan.
• Supervise preparation of budgetary reports pertaining to gas sales, accounts receivable and GDS. 
• Review quarterly/ annual budget including company-wide gas sales, meter rent, GST and receivables. 
• Review monthly reconciliation reports of sales schedules for review by management.
• Generate quarterly, half yearly and annual templates of gas sales accounting and debtors as per formats prescribed by Oil and Gas Regulatory Authority (OGRA). Specify comparative/ corresponding figures of prior year as well. 
• Coordinate queries with management received from OGRA / Ministry of Petroleum and Natural Resources.
• The individual shall ensure compliance to the Enterprise Risk Management Framework enforced in the Company while performing job responsibilities in accordance with his assigned role.
• The individual shall ensure compliance to the Business Principles and Ethics Policy / Code of Conduct.
• Undertake any other assignment as instructed by immediate supervisor.

CA / ACMA with at least 6 years of post-membership experience

Or 

ACCA / MBA from HEC recognized university with at least 9 years of experience

Functional and team lead experience of at least 4 years is mandatory

JOB SUMMARY

The main purpose of this position is to assess, monitor, plan and manage the cash flows and company’s financing matters. The incumbent arranges to borrow funds from approved lending institutions in line with the prescribed policy aimed at maximizing liquidity. In addition, the incumbent is responsible to forecast daily / monthly cash requirements and monitor imprest accounts.

JOB RESPONSIBILITIES

• Review, monitor and periodically update sources of financing from lending institutions such as modarabas, leasing companies, investment firms, and local or foreign commercial banks to finance long term or short-term projects as needed from time to time.
• Initiate funding and coordination with financing sources such as lending / financial institutions for short term / long term financing to meet funds requirement of the company and repayments of acquired loans. 
• Review and analyze financing models to assess the most suitable option for financing projects and consider key instruments in evaluating borrowing options such as interest rates, internal rates of return, installment plans, security requirements, Earnings per Share etc. Prepare detailed reports for review and approval by the senior management and Board of Directors.
• Support the management in negotiating loans from financial institutions at most competitive rates. 
• Review running finance accounts reconciliations on monthly basis. 
• Ensure that there are no outstanding debts overdue. Settle the outstanding dues in reasonable time period as per terms of the loan/debt agreements.
• Review drafts of relevant agenda items for consideration and approval by the Board of Directors (BOD). Review all documents before submission to BOD for disbursement of loan and creation of charge. 
• Monitor and assess petty expenses of Cash Offices (H.O, Karachi Terminal, SITE, and Khadeji) after evaluating cash requirements for day-to-day business activity.
• Review Imprest Accounts of Transmission, LPG air mix plant, and Land Compensation and Liaison office – Islamabad. Conduct regular reviews for Imprest account reconciliations.
• Monitor processing of daily cheque arrangements and disbursements to contractors / suppliers and employees. 
• Review bank reconciliations periodically and resolve outstanding issues. 
• Review reconciliation reports generated from ERP – Account Receivable module. 
• Conduct regular reviews of Imprest statement and payment vouchers.
• Arrange Letters of Credit through designated banks against Purchase Orders /contracts and ensure legal documents and requirements are fulfilled. Ensure compliance with the terms and conditions of purchase orders. 
• Arrange letter of credit (L/Cs) through SSGC’s designated banks against approved foreign purchase orders/ contracts issued by the Procurement Department. Ensure that information filled in the L/Cs is accurate and strictly in accordance with the terms and conditions of foreign purchase orders / contracts and ensure the bid is reviewed by the Purchase Committee.
• Review monthly reconciliation of subsidiary accounts maintained in the general ledger including import control account. 
• The individual shall ensure compliance to the Enterprise Risk Management Framework enforced in the Company while performing job responsibilities in accordance with his assigned role.
• The individual shall ensure compliance to the Business Principles and Ethics Policy / Code of Conduct.
• Undertake any other task as instructed by immediate supervisor.

Fresh CA / ACMA

Or 

ACCA / MBA in Finance from  HEC recognized university with at least 4 years of experience

JOB SUMMARY

The purpose of this position is to ensure accurate recording of entries and maintaining inventory records including stock position, value, and aging records as per accounting standards. The incumbent also monitors and reports company’s inventory levels and is responsible for developing inventory-tracking system, reviewing levels of supplies, and generate monthly/ quarterly MIS reports for review by senior management.

JOB RESPONSIBILITIES

• Organize inventory checks to ensure reconciliation between physical and book balances of inventory stock in coordination with Stores in-charge and Information Technology (IT) department, to resolve any discrepancies.
• Maintain updated and accurate aging records of inventory, including transfers and cycle counts including store’s loan account.
• Review documentation and monitor product codes to search for discrepancies; troubleshoot quantity discrepancies between stock and records.
• Develop financial inventory reports for review by senior management as and when required.
• Support external auditors in arranging physical inventory checks and assist in other matters pertaining to audit.
• Review monthly/ quarterly statements pertaining to inventory.
• Develop and implement improvements to existing operational procedures in order to maximize efficiency.
• Prepare, generate, and file financial inventory reports; review reports monthly with management. 
• Facilitate Regulatory Affairs Department pertaining to Oil and Gas Regulatory Authority (OGRA) templates related to Accounts Department as per prescribed guidelines. 
• The individual shall ensure compliance to the Enterprise Risk Management Framework enforced in the Company while performing job responsibilities in accordance with his assigned role.
• The individual shall ensure compliance to the Business Principles and Ethics Policy / Code of Conduct.
• Undertake any other task as assigned by the supervisor.

Fresh CA / ACMA

Or 

ACCA / MBA in Finance from  HEC recognized university with at least 4 years of experience

JOB SUMMARY

The purpose of this position is to supervise preparation of annual capital budget in accordance with SSGC’s rules and regulations. Plan and provide comprehensive analysis and reporting on all capital projects, report financial information to senior management, and maintain capital expenditure policies and procedures. Facilitate user department in responding to complaints/ queries received through Prime Minister Delivery Unit dashboard related to Accounts Department.

JOB RESPONSIBILITIES

• Develop, manage and set-up all capital projects of SSGC within the Oracle General Ledger module. Work with respective user departments / budget owners across the organization to help monitor and assist in recording any subsequent revisions in expenditures throughout the year.
• Facilitate Chief Manager in ensuring compliance with capital expenditure policies, and propose improved policies and systems regarding expense guidelines, cost savings, cost allocation, and annual planning. Review data pertaining to capital expenditure transactions to determine appropriate procedures for budgeting and accounting 
• Compare actual to budgeted results at the end of each reporting period, and report on significant variances.  Review Variance analysis report of actuals against annual budget plan to the management including budgetary and Variance analysis for capital expenditures and GLs.
• Maintain liaison with SSGC departments to ensure financial continuity, accuracy, and adherence to key processes for capital and operational cost and revenue budgeting, accounting, reporting and compliance.
• Review proposed budget submissions from department managers for accuracy and completeness. Identify errors and omissions and obtain clarifications or adjustments. 
• Arrange funds from appropriate sources in accordance with approved policy guidelines and act as an advisor to department managers in formulating their capital budget submissions. 
• Review transactions, reports and reconciliation. Resolve any problems related to capital and project accounts.
• Review, analyze and report departmental/office capital budgets and expenditures and variances.
• Present consolidated capital and revenue budget version for management and coordinate capital budgeting approvals.
• Participate in the preparation of Capital and Revenue Budget (MIS) at SBU level and company level. Review proposed budget submissions from department managers for plausibility, accuracy and completeness.
• Compile MIS Report of Physical targets, Transmission and Distribution network on a timely basis for review by management. 
• Prepare complex budgetary and financial analyses and make recommendations for smooth functioning.
• Supervise to handle complaints received from PMDU dashboard related to accounts/finance department.
• Coordinate with Regulatory Affairs Department in preparation of Capital Budget of the company for submitting ERR/FRR to Oil and Gas Regulatory Authority (OGRA) for determination.
• The individual shall ensure compliance to the Enterprise Risk Management Framework enforced in the Company while performing job responsibilities in accordance with his assigned role.
• The individual shall ensure compliance to the Business Principles and Ethics Policy / Code of Conduct.
• Undertake any other task as assigned by the supervisor.

Fresh CA / ACMA

Or 

ACCA / MBA in Finance from  HEC recognized university with at least 4 years of experience

JOB SUMMARY

The objective of this position is to support senior management in supervising, monitoring, and analyzing policy and controls regarding fixed assets of SSGC. Act as the facilitator role within the Fixed Assets section and have extensive day-to-day basis coordination with user Departments to ensure policy adherence and safe custody of Fixed Assets. Create and maintain fixed asset registers and conduct business analysis/support to management on capital expenditure and depreciation trends. Support senior management in developing fixed assets schedules for review by senior management and regulatory authorities such as Oil and Gas Regulatory Authority, Audit General of Pakistan etc.

JOB RESPONSIBILITIES

• Supervise integrity between the general ledger and fixed asset system by reconciling changes in the fixed asset balances and completing a monthly-consolidated roll forward report.
• Review periodic Vehicle Dashboard (MIS) and key assets for review by senior management.
• Review periodic Accounts & MIS pertaining to Fixed Assets for submission to senior management.
• Facilitate Tariff Section (Regulatory Affairs) in providing MIS reports related to Oil and Gas Regulatory Authority (OGRA) templates, government and external auditors.
• Maintain consistent and accurate corporate accounting for assets, depreciation, capital expenditures, and leases in accordance with IFRS/IAS and company fixed asset / lease policy.
• Review the reconciliation entries of CAPEX and Capitalization as per GL and FA module on a periodic basis.
• Review monthly financial reporting of CAPEX and capitalization of fixed assets, depreciation expense, and disposals/transfers/ adjustments.
• Review monthly MIS reports including CAPEX and capitalization trend, Projects (Budget and CWIP analysis).
• Facilitate senior management with monthly and quarterly reporting responsibilities for capital spending, intangibles and fixed asset schedules and footnotes.
• Coordinate with civil works regarding cost of capital projects of building construction.
• Monitor the compilation of civil project costs to fixed asset accounts, and close out accounts once the related projects have been completed.
• Recommend to management any updates to accounting policies related to fixed assets.
• Review tax schedules pertaining to fixed assets for Taxation Department.
• The individual shall ensure compliance to the Enterprise Risk Management Framework enforced in the Company while performing job responsibilities in accordance with his assigned role.
• The individual shall ensure compliance to the Business Principles and Ethics Policy / Code of Conduct.
• Undertake any other task as assigned by the senior management.

CA / ACMA with at least 4 years of post-membership experience

Or 

ACCA / MBA in Finance from HEC recognized university with at least 6 years of experience

JOB SUMMARY

The purpose of this position is to lead the development of financial planning and budgeting process (capital projects, revenue, and cost), including the maintenance and implementation of the budget procedures, work with capital project teams for developing budgets, and reconciliation of budgets with project and operational plans. Develop regular financial reports and analysis, forecasting and trending budget performance and financial position for the head of department and Senior Management. Supervise timely response to complaints / queries received through Prime Minister Delivery Unit dashboard related to Accounts Department.

JOB RESPONSIBILITIES

• Lead processes and communications regularly working with departments / budget owners across the organization to monitor and revise budgets throughout the year, and life of capital project(s).
• Ensure compliance with capital, revenue, and expense budget policies, and propose improved policies and systems regarding expense guidelines, cost savings, cost allocation, and annual planning.
• Maintain liaison with SSGC departments and their systems to ensure that across departments there is financial continuity, accuracy, and adherence to key processes for capital and operational cost and revenue budgeting, accounting, reporting and compliance.
• Take all steps necessary to streamline internal financial reports and reporting processes to deliver more timely, efficient, effective, and useful reports and analyses.
• Ensure that set up of revenue, expense and capital project accounts in the computerized financial system is robust and capable of producing the required or anticipated reports and analysis without excessive manual work.
• Review proposed budget submissions from department managers for accuracy and completeness. Identify errors and omissions and obtain clarifications or adjustments.  Arrange funds from appropriate sources in accordance with approved guidelines and policy and act as an advisor to department managers in formulating their capital budget submissions.
• Guide the development of consolidated budgets for the organization, ensuring consistency in the planned cash inflows and outflows and the planning for achievement of overall financial goals of the company.
• Compare actual to budgeted results at the end of each reporting period, and report on significant variances.  Review Variance analysis report of actuals against annual budget plan to the management including budgetary and Variance analysis for cost, sales, collection target and GLs.
• Present and explain complex budgetary and financial analyses and make recommendations to departments and senior management regarding any budgetary gaps or funding requirements.
• Ensure that complaints received from PMDU dashboard related to accounts/finance department are properly understood and an effective and adequate response is drafted and submitted in a timely manner. 
• Coordinate with Regulatory Affairs Department in preparation of operating cost schedules for submitting ERR/FRR to Oil and Gas Regulatory Authority (OGRA) for review.
• The individual shall ensure compliance to the Enterprise Risk Management Framework enforced in the Company while performing job responsibilities in accordance with his assigned role.
• The individual shall ensure compliance to the Business Principles and Ethics Policy / Code of Conduct.
• Undertake any other task as assigned by the supervisor.

CA / ACMA with at least 6 years of post-membership experience

Or

ACCA / MBA in Finance from HEC recognized university with at least 9 years of experience

Functional team lead experience of at least 4 years is mandatory

JOB SUMMARY

The position exists for the purpose of administration of Fixed Assets Register, formulation of fixed asset accounting for tangible / intangible assets, analysis of capital expenditure and reporting. Function includes ensuring compliance with fixed asset policies, and procedures. Facilitate internal auditors, external auditors, government auditors and other regulatory authorities providing key documents for audit purposes, and resolve any queries or issues as and when required. Observe and review inventory records including stock position, value, and aging records as per accounting standards.

JOB RESPONSIBILITIES

• Monitor the maintenance and verification of fixed asset records accurately on a timely basis starting from the date of asset’s acquisition and periodically verifying assets balances and availability through inspection and physical counts.
• Review depreciation methodologies and rates are reviewed and reported to higher management at regular intervals and make sure that these are in accordance with applicable regulations and standards.
• Facilitate Tariff Department in providing MIS reports related to Oil and Gas Regulatory Authority (OGRA) templates, government and external auditors.
• Supervise and review un-posted, mass additions documents (receiving invoice and GL accounting) and reconciliation for timely capitalization of assets.
• Review Asset Retirement Advices (ARA) and approve inspection of assets to be retired.
• Review Vehicle Dashboard (MIS) and key assets to be presented to senior management. 
• Oversee inventory and supply chain management according to company guidelines. Prepare reports and monitor stores activity on a daily basis regarding receiving, issuing, transfer and return of stocks.
• Monitor and reevaluate inventory records including stock position, value, aging records as per accounting standards.
• Review variance reports on Inventory module and General Ledger pertaining to Stores department and coordinate with stores in-charge
• Coordinate with Information Technology (IT) to ensure proper functioning of ERP system and accounting modules.
• Support senior management in monitoring inventory according to company guidelines. Supervise the preparation of reports to monitor stores activity on a regular basis regarding receiving, issuing, transfer and return of stocks.
• Support senior management in preparing reconciliation reports of pipeline coatings on monthly basis and make necessary JVs and cost analysis. Gather key data to update standard costs of coated pipe on ERP system.
• Support senior management in preparing variance reports on Inventory module and General Ledger pertaining to Stores department, investigate for any errors and discrepancies in coordination with IT department. 
• Prepare quarterly, half yearly, and annual stores schedule for review by senior management to be incorporated in financial statements.
• Ensure proof reading of quarterly, half yearly and annually financial statements are proof read before publication.
• Supervise preparation of MIS reports for review by senior management.
• The individual shall ensure compliance to the Enterprise Risk Management Framework enforced in the Company while performing job responsibilities in accordance with his assigned role.
• The individual shall ensure compliance to the Business Principles and Ethics Policy / Code of Conduct.
• Undertake any other task as assigned by the supervisor.

Fresh CA / ACMA with strong knowledge of PPRA

Or 

ACCA / MBA preferably in Finance from  HEC recognized university with at least 4 years of experience

JOB SUMMARY

The main purpose of this position is to undertake audit / evaluation of tender documents / contracts including service agreements. The incumbent is responsible to ensure compliance with Public Procurement Rules.

JOB RESPONSIBILITIES

• Review tender documents / contracts prior to approval by the senior management. Review tender evaluation reports prepared by Procurement to ensure compliance with Public Procurement Rules (PPRA) and prescribed Standard Operating Procedures (SOPs) of SSGCL. 
• Support the senior management in implementing internal controls to ensure accurate and timely verification of invoices pertaining to services. Highlight relevant observations to the user departments to rectify non compliances.
• Conduct evaluation of Reports and terms of reference of project agreement/contract which includes verification of stamp duty, Insurance Policy, Undertaking, PBG, LTP, Payment Structures, BOQ, and PO/SPO etc.
• Follow the system established by SSGC and Regulatory authorities to ensure compliance with policies, regulations, procedures and laws.
• Assist in providing feedback regarding analysis of cost and price calculations.
• The individual shall ensure compliance to the Enterprise Risk Management Framework enforced in the Company while performing job responsibilities in accordance with his assigned role.
• The individual shall ensure compliance to the Business Principles and Ethics Policy / Code of Conduct.
• Undertake any other task assigned by the management.

Master’s degree in Finance, Insurance or Risk Management (18 years of education) from HSE recognized University with at least 4 years of experience

Insurance related professional qualification Dip CII, ARM or CPCU will be preferred.

JOB SUMMARY

The main purpose of this position is to support section head in arranging adequate insurance cover for the company’s assets and employees at minimal cost. The incumbent is also responsible to manage policy administration, underwriting and claims management and recoveries in cases of damages.

JOB RESPONSIBILITIES

• Periodically assess the insurance needs of the company in terms of exposure to loss from various causes and probable amount of loss. 
• Support management in inviting proposals from insurance companies for covering the company against losses. Evaluate the terms of various proposals received from insurance companies, identify aspects to be deleted or riders to be attached and obtain revised proposals allowing for useful comparisons with different insurance proposals. 
• Support management in developing recommendations for insurance cover to be obtained for various assets and employees of the company and secure approval from respective authority. 
• Periodically coordinate with the custodians of the company’s assets to obtain up to date information about the physical condition of the assets and any additions or deletions and promptly inform the insurance company of any material change in value or location of insured assets. 
• Obtain information of various types of goods imported by the company, suggest the type of insurance cover to be obtained and recommend the strategy to apply for insurance cover of imported cargo. 
• Coordinate with imports (Procurement Department) to obtain details of imports and assists in securing insurance cover for various consignments. Review tender evaluation reports prepared by Procurement and recommend award after ensuring all rules and guidelines have been met as per Public Procurement Rules (PPR) and as per prescribed Standard Operating Procedures (SOPs) of SSGC.
• Liaise with excise and shipping for filing of claims relating to loss on imported consignments. 
• Coordinate with respective user department for obtaining details of vehicles owned or leased by the company and any changes in additions or deletions thereto and inform the concerned insurance companies. 
• Obtain employee details from user department (Human Resources) and advise the changes to the insurance companies providing life, health, accident or other types of cover to employees. 
• Maintain up to date record if insurance policies, assets, and risks covered and maturity dates of policies. 
• Maintain communication with SSGC’s departments to obtain details of any losses and ensure prompt survey and filings of claims. 
• Follow up on insurance claims until settled and ensure prompt banking of collections from insurance companies. 
• Dealing with Govt. Auditors on most frequent basis. Providing them required files and records, explaining the gaps and justifying the transactions.
• Dealing with External Auditors by providing them schedules of all the GL accounts pertaining to all types of insurances. Justifying the credit and debit balances of GL accounts. 
• Dealing with Internal auditors by providing them required documents and polices. Discussing with them the gaps and possible opportunities or the areas of improvements to have quality control measures and to adopt continuous improvement approach.
• Corresponding with internal stakeholders for arranging death claim documents and resolving queries.
• Corresponding with external stakeholders i.e. insurance companies (EFU Life, State Life and Jubilee Life). 
• Corresponding with internal stakeholders for arranging death claim documents and resolving queries.
• The individual shall ensure compliance to the Enterprise Risk Management Framework enforced in the Company while performing job responsibilities in accordance with his assigned role.
• The individual shall ensure compliance to the Business Principles and Ethics Policy / Code of Conduct.
• Undertake any other task assigned by the management.

Fresh CA / ACMA

or 

ACCA / MBA in Finance from HEC recognized university with at least 4 years of experience

JOB SUMMARY

The main purpose of this position is to support management in supervising and guiding team for maintaining records and incorporating expenditures on ERP The main purpose of this position is to support management, evaluate system based budgetary controls, review capitalization of long outstanding projects and ensures accurate circulation of financial reports relating to deferred credits and IFRS 15, recording of advance from consumers for developments. The incumbent is also responsible to organize budget preparations and evaluate variances of expenditures for review by senior management.

JOB RESPONSIBILITIES

• Review Maintenance of Customer Advances Schedules related to Natural Gas and RLNG Domestic, Commercial, Industrial, Mains & IMPL & Installation Cost Recovered on Quarterly basis. 
• Manage Accounting Standards and process of Customer Advances of Natural Gas and RLNG Domestic, Commercial, Industrial, Mains & IMPL projects to Deferred Credit in accordance with IFRS-15. Ensure installation cost recovered in CC&B are recorded in ERP and subsequent issuance of Debit Notes / Credit Notes for Recovery / Refund are recorded as per company rules and regulations of SSGCL.
• Evaluate amortization of Deferred Credit i.e. Income from New Service Connections as per IFRS-15 and Maintenance of Deferred Credit schedules as per IFRS-15 on a timely basis. 
• Review and analyze customer advances aging reports including Domestic, Commercial, Industrial, IMPL Customers of Natural Gas and RLNG Customers.
• Support senior management in finalization of Domestic and Industrial End-User Refundable and Non-Refundable Paid Mains Projects.
• Ensure timely processing of Pre-commissioning Refund to Customers advances related to Domestic, Commercial, Industrial customers in CC&B and Payable Module as and when required.
• Ensure resolution of discrepancies/queries are resolved relating to material and labor hiring for Domestic, Industrial, Commercial and Intermediate Pressure Pipeline (IMPL) House Line, Service Connection and Paid Mains Projects of Natural Gas and RLNG through Co-ordination with relevant Distribution Departments. 
• Facilitate in smooth execution of Annual External Audit of Customer Advances and Deferred Credit as per IFRS-15 and Installation Cost Recovered through co-ordination of Regional Finance Departments. 
• Review job cards related to distribution projects and coordinate with Sales department before issuance of job card as per OGRA, BOD approved budget and SOPs of SSGC.
• Evaluate, verify, and check costing of MLR applicable etc. pertaining to Distribution schemes in all regions i.e. (Karachi, Sindh and Baluchistan) on a periodic basis. Evaluate MECs in all regions i.e. (Karachi, Sindh & Baluchistan) and verify cost estimates according MLR and also check the availability of budget as per OGRA.
• Review compilation of actual and estimate budgets of respective Projects appearing in WIP and cross verification of data from manual Management approvals.
• To run DDC in quarterly basis.
• Capitalize Projects in Project Module based on Job card commissioned and received from distribution department and also maintain the record of capitalized jobs.
• Prepare customer pre-commissioning refund cases (from AP invoices delivering of cheque to customer)
• Resolve tenacity regarding project budget from all distribution departments.
• The individual shall ensure compliance to the Enterprise Risk Management Framework enforced in the Company while performing job responsibilities in accordance with his assigned role.
• The individual shall ensure compliance to the Business Principles and Ethics Policy / Code of Conduct.
• Undertake any other task assigned by the management.

Fresh CA / ACMA

or 

ACCA / MBA in Finance from HEC recognized university with at least 4 years of experience 

JOB SUMMARY

The main mandate of this position is to support senior management in reviewing gas purchases are processed on a timely basis process. The incumbent is responsible to ensure timely processing of monthly gas payments and review payment vouchers before submitting to senior management. Support in reviewing compliance of tax laws related to gas purchases. Support in reviewing gas sales purchase agreement with Exploration and Purchase (E&P) companies and Re- Liquefied Natural Gas (RLNG) businesses. Prepare weighted average cost of gas and gas statements of SSGCL.

JOB RESPONSIBILITIES

• Ensure smooth and timely processing of monthly gas purchase invoices from (more than 50) gas fields, recording of purchases in books of accounts after the invoices are verified by operations.
• Compilation of gas purchase invoices data and cross verification of working schedules, re-checking financial accuracy, and the compliance of invoices as per the provisions of GSA, OGRA price notifications, and taxation laws.
• To ensure that all gas purchase invoices are accurate and timely entered in Oracle Financial after resolving all invoice-related issues with suppliers. Ensure all payments are processed as per Gas Purchase Agreements and within due date to avoid late payment charges and litigation.
• Ensure that M-forms for foreign exchange payments to foreign E&P companies are prepared for onward submission to State Bank of Pakistan (SBP) by Treasury department based upon Foreign Exchange allocation. (Around more than 50 M-forms monthly are approved on FX Portal).
• Liaison with Treasury department and gas suppliers to resolve payment-related queries regarding Foreign and Local payments.
• Maintaining a detailed excel based MIS various to streamline the recording, reporting and payment process for the timely submission of key MIS figures for management review and various reconciliations reports including Circular debt reporting, Foreign payments and remittances reconciliation, and remaining balances of Creditors. 
• Review MIS reports pertaining to gas purchases including audit and compliance reports for submission to Ministry of Energy and other Federal Government departments for review.
• Ensure liaison with transmission departments in the matters of GCS 1 (volume statement by transmission department) and ensure preparation of reconciliation of gas purchase volumes with GCS reports.
• Prepare monthly/ quarterly and annual schedules for submission to Accounts department.
• Recording of Line Pack, Internal consumption and purchase volumes of Gas by coordinating with operations. (GCS 1 Report). 
• Assist in coordination with inter-departments and E&P suppliers for documentation/invoice related matters resolving in a timely fashion, which includes; supplier’s reconciliations and status on payment / non-payment of gas fields, d.    Applicability of off-specification discounts, EWT Discounts, other discounts as per GSPA, Bank allocations / Payment Vouchers & FX remittances reconciliations with Treasury Function, allocating new code on ERP suppliers and filed in the correct tax jurisdiction. 
• Support immediate supervisor in preparing various memos, notes to MD, responses for Ministry and OGRA on matters relating to Finance and billing related clauses and other general matters of agreements of new gas fields agreements and amendments, approval from management for initialed / expired agreements based on legal opinion and costing (MMBTU) related queries. 
• Reviewing Debit /Credit Notes working ensuring compliance of invoices as per the provisions of GSA, OGRA price notifications, and taxation laws.
• Ensure that any adjustment in the monthly invoices are adjusted through debit / credit notes timely, including but not limited to the following reasons:
• The individual shall ensure compliance to the Enterprise Risk Management Framework enforced in the Company while performing job responsibilities in accordance with his assigned role.
• The individual shall ensure compliance to the Business Principles and Ethics Policy / Code of Conduct.
• Undertake any other task assigned by the management.

CA / ACMA with at least 4 years of post-membership experience

Or 

ACCA / MBA in Finance from HEC recognized university with at least 6 years of experience

JOB SUMMARY

The main purpose of this position is to support Lead Manager in ensuring timely processing of project schemes, preparation of financial feasibilities reports relating transmission projects, system based budgetary controls, review and capitalization of long outstanding projects, circulation of MIS of aging of WIP project relating to transmission , matters relating to deferred credits and IFRS 15, recording of advance from consumers and government for developments work on Oracle, assignment account operations support to sales and treasury, sustainable development goals account support to sales and treasury, recording of financial charges to be capitalized for qualifying assets relating to investments in transmission and distribution , allocation of overheads on ongoing development work, budget preparations and reporting thereon, CC&B matters relating to advances from consumers.

JOB RESPONSIBILITIES

• Supervise verification, cross checking and approvals duly given by Management as per financial powers and Standard Operating Procedures (SOPs) and approving of issuance of job card for distribution and transmission projects.
• Prepare Annual Capital Expenditure Budget through discussion, meetings, and evaluations to meet the objective set by management Board of Directors (BoD) and OGRA parameters for Transmission and major Distribution projects.
• Prepare Financial Feasibility report for pipeline projects by taking into account of P&D / Sales department data input, government guidelines, ECC decision etc.
• Periodical closing of Projects Section with allocations of revenue overhead at Company level to all relevant projects.
• Prepare Various Schedules related to Projects Section to facilitate management in better decision making.
• Prepare Aging Analysis for ongoing distribution and transmission projects.
• Support the Audit team regarding any queries related to annual and interim audit.
• Resolve ERP issues related to projects module and suggest various improvements in the system.
• The individual shall ensure compliance to the Enterprise Risk Management Framework enforced in the Company while performing job responsibilities in accordance with his assigned role.
• The individual shall ensure compliance to the Business Principles and Ethics Policy / Code of Conduct.
• Undertake any other task assigned by the management.

CA / ACMA with at least 4 years of post-membership experience

Or 

ACCA / MBA in Finance from HEC recognized university with at least 6 years of experience

JOB SUMMARY

The main mandate of this position is to oversee and supervise gas-purchasing process, ensure timely processing of monthly gas payments and review payment vouchers before submitting to senior management. Review compliance of tax laws related to gas purchase matters and liaise with the ministry and relevant government departments for related matters. Review gas sale & purchase agreement with various Exploration and Production (E&P) companies. Prepare weighted average cost of gas and gas statements of Sui Southern Gas Company Limited (SSGCL).

JOB RESPONSIBILITIES

• Review and ensure smooth and timely processing of monthlygas purchase invoices from gas fields,recording of purchases in books of accounts after the invoicesare verified by operations.
• Supervision of compilation of gas purchase invoices data and cross verification of working schedules re-checking financial accuracy, and the compliance of invoices as per the provisions of GSA, OGRA price notifications, and taxation laws.
• Supervision of recording of LPG / RLNG invoices and liaison with internal departments. 
• Ensure all payments are timely entered into Oracle Financials after resolution of all invoice-related issues with suppliers and processed as per Gas Purchase Agreements within the due date to avoid late payment charges and litigation. 
• Organize Digitalization of M-forms for foreign exchange payments to foreign E&P companies on Bank FX Portal for reviewing and approval for onward submission to AGM (F). (Around more than 50 M-forms monthly are approved on FX Portal).
• Support immediate supervisor in negotiating Gas Sales Purchase Agreements (GSPA) with exploration and production companies and, (A) Provide comments on Draft GSA clauses for matters relating to finance and other general matters. (B) Participate in GSA negotiations and provide finance feedback.
• Review notes and memos of payment release for the new field; On initialing or signing of GSPA / Term Sheet / Letter of Agreement, the process of internal approvals is initiated which includes Legal advice and Management approval.
• Liaise with Sui Northern Gas Pipelines Ltd (SNGPL) to work out Weightage Average Cost of Gas (WACOG) for uniform gas rate across the country in compliance with the Agreement for Equalization of Cost of Gas Pursuant to policy Guidelines of GoP.
• Supervise monthly Preparation of Late Payment Surcharge (LPS) Schedule with (i) respective LPS calculation clauses (ii) surcharges rate is computed on overdue invoices from gas fields (iii) payment dates are updated and overdue invoices are added. LPS is recorded through Journal Voucher (JV) for Interest Accrued disclosure in annual report.
• Supervise monthly preparation Cost of Gas Schedule including (i) Opening Gas in Pipelines (ii) Field-wise MCF and MMBTUs (iii) Month-wise details of Cost of Gas for invoices received from gas suppliers (iv) Computation of Weighted Average Cost of Gas (v) Adjustment for Gas Consumed Internally (vi) Closing Gas in Pipelines (vii) incorporated all invoices, debit/credit notes. Reconciled schedule the of Cost of Gas is submitted to the Accounts department for Financial Reporting at each reporting period.
• Supervise monthly preparation of Gas Purchase Budget for FY. (A) (i) Estimated volume received from Transmission Dep. (ii) Crude oil data is collected from OGRA (iii) Petroleum policies are incorporated to calculate price per MMBTU (iv) Cash Flows are prepared (v) variances. (B) Estimate /Actual Budget is prepared for onward submission to RA for OGRA submission.
• Conduct analysis of financial risk assessment; i) the due dates of invoices are actively monitored by Gas Purchase department and the processing is done accordingly to minimize financial risk; ii) Finance department send intimation to the concerned department responsible for timely settlement of invoices; iii) Finance department maintains invoice wise status sheet for all invoices with proper reasoning for each invoice to keep track of any dispute and communicate to the suppliers and report to the management at regular intervals; iv) Legal opinion is obtained where the matter requires consideration from the legal department; v) Prepare Risk register by Gas Purchase department. Therefore, adequate mitigating controls are carried out in order to protect the company from any legal issues.
• Providing circular debt information in coordination with Treasury department on a timely basis.
• Liaise and provide key information / documents / queries to internal and external auditors, Ministry of Energy, and other departments pertaining to gaspurchases.
• Prepare and submit schedules and reports on monthly/ quarterly/ yearly basis for review by senior management.
• Liaise with Commercial Banks regarding foreign remittances to support Treasury department.
• Preparation of monthly / quarterly and annual schedules for submission to Accounts department.
• Review of Monthly MIS report to MD
• Compile information for Regulatory Affairs (RA) for submission of Petition to OGRA. (a) Cost of Gas (b) T-Sheet. 
• The individual shall ensure compliance to the Enterprise Risk Management Framework enforced in the Company while performing job responsibilities in accordance with his assigned role.
• The individual shall ensure compliance to the Business Principles and Ethics Policy / Code of Conduct.
• Undertake any other task assigned by the management.