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.