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.