Deputy Manager Fixed Assets Reporting

6 days ago

Karachi, Sindh, Pakistan K-Electric Full time 900,000 - 1,200,000 per year

Our employees are our company's greatest asset - they are our real competitive advantage. We possesse immense power of innovation, immagination and a desire to attract and retain the best; provide them with encouragement, stimulus, and make them feel that they are an integral part of the company's mission.

Job Purpose
The role focuses on maintaining accurate Fixed Assets and CWIP registers by ensuring timely recording of addition, disposal, and depreciation in accordance with accounting and statutory requirements. It includes preparing periodic FAR reports for stakeholders, monitoring capital spares and CWIP balances with ageing analysis to drive timely capitalization, implementing strong processes and controls for efficiency and compliance, and supporting regulatory needs by providing fixed asset and CWIP data for MYT and RAB calculations essential to tariff determination.

Areas Of Responsibility

  • Maintain the fixed assets register, ensuring accurate and timely recording of asset acquisition, disposal, and depreciation.
  • Ensure compliance with accounting standards, policies, and regulatory requirements related to fixed assets.
  • Ensure compliance with ICAP's Technical release "TR – 6 Fixed Assets Inventory and Records"
  • Initiate, if required, change of depreciation rate or residual value of fixed assets.
  • Collaborate with business finance and procurement teams to ensure proper and timely capitalization of assets and timely recording of acquisitions and disposals
  • Execute the monthly depreciation run exercise and reconciliation of depreciation expense with GL and subsidiary and
  • Prepare the incremental depreciation working ensuring accuracy
  • Ensure circulation of monthly FAR and CWIP reports to internal stakeholders.
  • Monitoring Capital spares and CWIP balances along with ageing analysis and follow up with BFs to ensure timely and correct capitalization.
  • Preparation of quarterly and annual FAR related disclosures.
  • Liaison with external and internal auditors for the audit/review of Fixed assets register and related data.
  • Fiscal year closing activities in fixed assets module after reconciliations of all assets value with GL.
  • Fiscal year balances carry forward activities in FI and fixed assets modules for new financial year activities
  • Prepare fixed assets and CWIP reports as per NEPRA requirement.
  • Providing MYT related information/requirements and providing support for response to NEPRA queries pertaining to fixed assets and CWIP, as and when required, as RAB is an important element of tariff.
  • Supporting BFs for plant wise, IBC wise and other required break ups for MYT purpose.
  • Initiate and monitor cleansing of fixed asset register with an aim to have maximum tagging and readiness for NEPRA's audit
  • Response to the queries related to FAR of external and internal stakeholders.
  • Collaborate with cross-functional teams to automate and integrate fixed asset management processes, where applicable.

Required Education & Experience
MBA / ACCA with 3+ years of professional experience.

KE provides equal employment opportunity (EEO) to all persons regardless of age, color, origin, physical or mental disability, race, religion, creed, gender, marital status, status with regard to public assistance or any other characteristic protected by federal, state or local laws.

  • Executive / Senior Executive Fixed Assets

    4 days ago

    Karachi, Sindh, Pakistan Brookes Pharma Full time 1,112,000 - 1,500,000 per year

    We are seeking a Executive / Senior Executive Fixed Assets to join our Finance Department.REQUIREMENTSMaster's/Bachelor's degree in Accounting, Finance, or related field.Minimum 3 to 5 years of experience in Fixed Assets, ideally with the pharmaceutical industry.Location: Korangi, KarachiJob Type: Full-timePay: Rs1, Rs1,112.00 per monthEducation:Bachelor's...

  • Assistant / Deputy Manager (Financial Reporting – Investments)

    1 week ago

    Karachi, Sindh, Pakistan EFU General Insurance Limited Full time 900,000 - 1,200,000 per year

    Pakistan's leading non-life insurance company is seeking a talented professional to join itsInvestments Department. The role offers the opportunity to work across diverse equity and fixed income portfolios, with a strong focus on financial reporting and investment operations.Position:"Assistant / Deputy Manager (Financial Reporting – Investments)"Key...

  • Deputy Manager – Reporting

    3 days ago

    Karachi, Sindh, Pakistan Unity Foods Limited Full time 216,000 - 4,500,000 per year

    We are looking for a Deputy Manager – Reporting to join our Finance team. The role involves supporting monthly and periodic financial closing, preparing management reports, and ensuring compliance with accounting standards and audit requirements.Key Responsibilities:Lead monthly and annual financial closing activities.Prepare management accounts, financial...

  • Deputy Manager Taxation

    1 week ago

    Karachi, Sindh, Pakistan HRSI Full time 900,000 - 1,200,000 per year

    Were Hiring: Deputy Manager Taxation Location: Karachi, PakistanIndustry: Finance / Corporate SectorWe are seeking an experienced Deputy Manager Taxation to lead tax compliance and corporate strategy. The role involves ensuring full compliance with SECP, FBR, and provincial regulations, while driving effective tax planning and optimization.Key...

  • Deputy Manager Finance Account

    1 week ago

    Karachi South District, Sindh, Pakistan Jack of Digital Full time 900,000 - 1,200,000 per year

    Position: Deputy Manager FinanceLocation: Karachi, PakistanReports To: Finance ManagerPosition OverviewWe are seeking a detail-oriented and proactive Deputy Manager to join our finance team. The ideal candidate will bring proven expertise in managing accounting operations, tax compliance, and reconciliations, ensuring accurate financial reporting and...

  • Deputy Manager – Global Partnerships

    3 days ago

    Karachi, Sindh, Pakistan The Citizens Foundation (TCF) Full time 1,200,000 - 3,600,000 per year

    DescriptionThe Deputy Manager, Global Partnerships will support the day-to-day management of grants and partnerships with foundations and high net worth individuals. It will require assisting in grant administration, reporting, and donor stewardship activities. This includes coordinating proposal submissions, tracking grant deliverables and deadlines,...

  • Deputy Manager Sales

    1 week ago

    Karachi, Sindh, Pakistan Services Company, Korangi Full time 900,000 - 1,200,000 per year

    A leading manufacturing industry is looking to hire a Deputy Manager – Sales & Marketing.Requirements:Education: BBA or MBAExperience: 5–6 years of relevant experience in steel, cement, or any process industryStrong communication, negotiation, and client management skillsAbility to achieve sales targets and manage key accounts effectivelyJob Type:...

  • Deputy Manager – Mushroom Production

    6 days ago

    Karachi, Sindh, Pakistan SG Allied Businesses Ltd Full time 600,000 - 800,000 per year

    About Us:SG Allied Businesses Limited is one of Pakistan's fastest-growing agribusiness groups, operating advanced white-button mushroom production facilities, vertical farms, and agri-tech ventures. We are expanding our mushroom division and seeking a capable, energetic Deputy Manager who can support and lead key production functions.Role Overview:The...

  • Deputy Manager – Medical Services

    1 week ago

    Karachi, Sindh, Pakistan 360 Human Capital solutions pvt ltd Full time 900,000 - 1,200,000 per year

    Job Title: Deputy Manager – Medical ServicesLocation: Head Office, KarachiJob Description:Our client, a reputable PSX-listed manufacturing company, is seeking a proactive and experienced Deputy Manager – Medical Services to join their team. This is a key position responsible for managing medical services across the organization, ensuring occupational...

  • Deputy Manager – Warehouse

    4 days ago

    Karachi, Sindh, Pakistan Hcm International Full time 720,000 - 1,800,000 per year

    Position Title: Deputy Manager – Warehouse & LogisticsDepartment: Warehouse & LogisticsLocation: KarachiReports To: Head of DepartmentReporting by: Assistant ManagerIndustry: ManufacturingEmployment Type: Full-Time*Position Purpose*The Deputy Manager – Warehouse & Logistics will be responsible for overseeing all warehouse operations, inventory...