Manager – S&OP and Fixed Assets – K-Electric – Karachi – Pakistan

K-Electric invites applications for Manager – S&OP and Fixed Assets 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 – S&OP and Fixed Assets

Purpose:

This position is responsible for analyzing commercial benefits of upcoming Distribution Projects and supports business to select best possible options. Conducting in depth analysis through historic trends to project future performance for visibility for Distribution leadership. This position is also responsible for overall budget compilation and its controlling while ensuring cash flow. These responsibilities are carried with the objective to align performance of distribution department with overall company goals and help leadership by insightful analysis which supports in robust commercial decision making. This position operates within the limitations of NEPRA regulations, organizational policies, SOPs and accounting standards.

Area of Responsibilities:

Material & Operational Planning (60%)

• Persuading user to rationalize demand for material procurement in line with consumption pattern, execution capabilities, existing stock position and organization’s projects target, by settling within budget limits. This ensures effective use of company’s investments.
• Ensuring the procurement department agrees long term and short-term contracts at suitable rates and convincing for re-negotiation with supplier, where rates obtained are not justifiable.
• Granting approval of Purchase Approval Summaries (PAS) in accordance with Financial Mandates and Procurement manual.
• Driving the decisions of Central PQC Management Committee (CPMC) regarding PQC availability for projects execution and their contract rates/terms.
• Providing recommendations to M&OP stakeholders for process improvements, such as to carve out the inefficiencies in procurement cycle, which would result in reduced lead time and better availability of material for execution of organization’s plan.
• Coordinate with procurement leadership related to issues in procurement, mostly related to non-compliance of procurement manual (such as single vendor purchases, non-selection of lowest vendors etc.) and provides viable solutions, which benefit the organization such as long-term contracts.
• Assists stakeholders in linking Supply Chain objectives with that of the company, to meet strategic goals of the organization.
• Supporting cross functional team, responsible for finalizing scope, developing TORs, evaluating and onboarding consultant, for developing company’s long-term transformation and business plan (7 years).

Area of Responsibility Continued:

Capitalization & Fixed Asset Register Management (30%)

• Supervise capitalization of fixed assets upon completion of projects, according to their relevant asset class, in line with international accounting (IAS) and financial reporting standards (IFRS), to ensure accurate accounting treatment is done.
• Periodic review of approved asset class, in line with changing specs and useful life to ensure accurate accounting treatment is done.
• Yearly review of criteria for provisioning of inventory to ensure obsolete material in stock is smoothly expensed out.
• Verification and approval on disposal of scrap is an important part of this portfolio, that ensures transparency and accuracy in disposing of scrap.

People Management (10%)

• Identifies training requirements of the team.
• Contributes to performance management of direct and indirect reports.
• Provides guidance to the direct reports as and when required.
• Creates environment enabling teamwork and ensures seamless interaction among team members.
• Creates a conducive working environment to build and sustain an engaged and committed team.

Education:

Professional Accountant / MBA

Experience:

Professional Accountant / MBA with minimum 4 to 5 years of relevant 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.