Deputy Manager Generation

Job Description:

Our employees are our companys greatest asset - they are our real competitive advantage. We possesseimmense power of innovation, immaginationand a desire toattract and retain the best; provide them with encouragement, stimulus, and make them feel that they are an integral part of the companys mission.

Purpose

The role is responsible for driving financial planning, budgeting, and reporting processes while ensuring compliance with regulatory frameworks. It serves as a finance business partner to user departments, providing analysis, guidance, and insights to support effective decision‑making, resource allocation, and long‑term investment planning. The position also ensures financial control across O&M activities, develops performance reports, enabling sustainable business growth and governance.

Education

ACCA/ICMA/MBA or relevant degree

Years of Experience

4-5 years of experience

Area of Responsibilities

Budgeting (25%)

• Prepare and monitor annual O&M budgets aligned with business investment plans and regulatory requirements.
• Collaborate with cross‑functional teams to collect budget inputs and ensure consistency with organizational objectives.
• Monitor MYT allowances and ensure budgets remain aligned with NEPRA approvals.
• Develop comprehensive budget reports and presentations for management review and Board approval.
• Coordinate with the Budgeting and Planning team to respond to queries from management, the Board, and investors.
• Create and maintain WBS structures in SAP ensuring accurate integration of all budget‑related data.
• Prepare and update budget manuals for user departments, consolidating guidelines and procedures for effective budget management.

Reporting (30%)

• Conduct variance analysis on budgets to identify and explain deviations.
• Monitor financial performance against targets, providing insights for resource allocation and expenditure control.
• Manage budgetary approvals in line with financial mandates and SOPs.
• Ensure financial compliance across O&M projects.
• Prepare monthly O&M commitments including cash flow forecasts, utilization reports, and variance analysis.
• Support monthly reporting activities by contributing to commitment tracking, cash spending, and finance reports.
• Reconcile actual O&M expenses with budgeted amounts 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 all user departments with financial analysis, guidance, and compliance.

P&L (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 including O&M, finance costs, other expenses, and income.
• Coordinate with plant teams to manage cost allocations within generation plants for central expenses.
• Perform revenue and cost reconciliations to identify drivers of losses or gains, proposing 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

Area of Responsibility Continued

MYT: (10%)

• Ensure compliance with investment plan limits and report any variations promptly.
• Develop and maintain long‑term financial models to analyze plant lifecycle revenue, O&M expenses, and net reserves, providing actionable insights.
• Review long‑term business planning and investment forecasts, highlighting risks and recommending solutions.
• Prepare regulatory submissions and ensure 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 analysis for tariff adjustments, investment plans, and risk mitigation.

Ad-hoc Support: (10%)

• Provide support for regulatory and internal audit engagements.
• Assist in preparing board requirements and investor analysis.
• Assist in compliance documentation and regulatory submissions as required.
• Provide ad‑hoc variance analysis for leadership decision‑making.
• Coordinate cross‑functional teams to deliver urgent data requests and reports.
• Support special projects such as cost rationalization, benchmarking, or policy reviews.

Policies, Process Improvements, Automation: (10%)

• Implement budget policies to achieve desired financial outcomes.
• Collaborate with teams to identify and execute process optimization opportunities. <