Manager Asset Management – K-Electric – Karachi – Pakistan
K-Electric invites applications for Manager Asset Management in Karachi, Pakistan
Our employees are our company’s greatest asset – they are our real competitive advantage. We possesses immense power of innovation, imagination 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.
Faculty Title:
Manager Asset Management
Purpose:
The Asset Strategy & Planning Manager is responsible for leading the strategic direction and planning of the utility’s asset management function. This role ensures the optimization of asset performance, sustainability of operations, and alignment of asset management strategies with organizational goals. The position requires a strategic thinker with extensive experience in asset management, planning, and optimization within the power distribution sector.
Areas of Responsibility:
- Strategic Planning:
- Develop and implement long-term asset management strategies that align with the utility’s overall business objectives.
- Lead the creation and continuous improvement of asset management plans, policies, and procedures.
- Conduct scenario planning and risk assessments to support strategic decision-making.
- Asset Optimization:
- Oversee the optimization of asset performance and lifecycle management.
- Develop and implement strategies for asset renewal, replacement, and retirement.
- Ensure the integration of asset management strategies with operational and maintenance plans.
- Financial Management:
- Develop and manage the asset management budget, ensuring cost-effective use of resources.
- Conduct financial analysis and modeling to support investment decisions.
- Monitor and report on the financial performance of the utility’s assets.
- Data-Driven Decision Making:
- Utilize data analytics and performance metrics to inform strategic planning and asset management decisions.
- Implement systems and processes to ensure accurate and timely data collection, analysis, and reporting.
- Foster a data-driven culture within the asset management team and across the organization.
- Regulatory Compliance:
- Ensure compliance with industry regulations, standards, and best practices related to asset management.
- Prepare and submit required regulatory reports and documentation.
- Stay abreast of regulatory changes and ensure the utility’s asset management practices remain compliant.
- Team Leadership and Development:
- Lead, mentor, and develop the asset strategy and planning team.
- Foster a culture of continuous improvement, innovation, and collaboration.
- Provide training and development opportunities to build the team’s capabilities.
- Stakeholder Engagement:
- Collaborate with internal and external stakeholders, including engineering, operations, finance, and regulatory bodies.
- Communicate asset management strategies, plans, and performance to senior management and other key stakeholders.
- Act as a key point of contact for asset management-related inquiries and initiatives.
Minimum Requirement:
- Education:– Bachelor’s degree in Engineering, Business Administration, or a related field is required.
– Master’s degree in a relevant field is preferred.
– Certifications: Preferred certifications include IAM (Institute of Asset Management) and CAMA (Certified Asset Management Assessor).
- Experience:
– Minimum of 5 years of experience in asset management, strategy, and planning, preferably within the power distribution or utilities sector.
– Proven track record of developing and implementing successful asset management strategies.
– Experience with asset management software and data analytics tools.
- Skills:
– Strong strategic thinking and problem-solving skills.
– Excellent leadership and team management abilities.
– Proficiency in financial analysis and budgeting.
– Strong communication and interpersonal skills.
– Ability to work collaboratively with cross-functional teams and stakeholders.
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.
