Deputy Lead Manager (Management Accounts & Ring Fenced Accounting)

SSGC LPG Limited; Karachi Division; On-site; PKR 2,400,000 - 3,600,000; Full time

Job summary

Sui Southern Gas Company Limited in Karachi is seeking a Deputy Lead Manager (Management Accounts & Ring Fenced Accounting) to supervise monthly financial reporting for Meter Manufacturing Plant and LPG Air Mix, manage budgets, MIS reports, and UFG analysis for senior management. The role covers accounting for ring fenced units and coordination with external auditors.

The ideal candidate holds MBA (Finance/Accounts) with 6+ years or CA/ACMA with 4+ years post-qualification experience, and will

Qualifications

• MBA (Finance / Accounts) with at least 06 years of experience or CA/ACMA with at least 04 years of post-qualification experience.

Responsibilities

• Lead team for preparation of periodic Management Accounts of Overall SSGC for review by Senior Management
• Supervise accounting procedures are being followed of Meter Manufacturing Plant and LPG Air Mix Business
• Ensures timely closure of accounts of Meter Manufacturing Plant and LPG Air Mix Business
• Supervise preparation of monthly/ quarterly / annual Profit & loss accounts of Meter Manufacturing Plant and LPG Air mix business
• Supervise preparation of monthly/ quarterly / annual MIS reports based on Profit & loss accounts Meter Manufacturing Plant and LPG Air mix business for review by senior management
• Supervise UFG analysis of LPG Air mix business and raise concerns with senior management
• Supervise preparation of budgets of Meter Manufacturing Plant and LPG Air mix business in coordination with relevant business departments
• Facilitate Regulatory Affairs department by providing budgeted profit & loss accounts of ring fenced business for submission of Estimated Revenue Requirements with OGRA
• Participate in the preparation of cost of meters on request of Meter Plant division as per their provided assumptions to assist the senior management in computation of price for meter and spare parts in response to tender inquiries by SNGPL
• Review cost of sub-assemblies of Meters on request of Meter Plant Division
• Revisit the BOM and periodically update BOM of Meters in the Oracle manufacturing module
• Perform Ad-HOC analysis including feasibility analysis of Meter Manufacturing Plant as required by senior management
• Perform Ad-HOC analysis including feasibility analysis of LPG Air mix business as required by senior management
• Coordinate with external auditor's / Government auditors with regard to audit of Meter Manufacturing Plant and LPG air mix business
• Assist in preparing financial projection statements for review by senior management and external auditors.
• Supervise preparation of Unbundle Financial Accounts
• Supervise preparation of periodic Other receivables MIS highlighting the long outstanding receivables
• Supervise Income accounting of construction contracts undertaken by SSGC from time to time.
• 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.

Education

MBA (Finance / Accounts)

CA/ACMA

Job description

Deputy Lead Manager (Management Accounts & Ring Fenced Accounting)

February 03, 2025

JOB DETAILS:

Qualification & Experience:

MBA (Finance / Accounts) with at least 06 years of experience or CA/ACMA with at least 04 years of post-qualification experience.

Responsibilities:

Job Summary:

The purpose of this position is to supervise in preparation of monthly financial reporting of SSGC including separate reporting of two ring fenced businesses i.e. Meter Manufacturing Plant and LPG Air Mix that includes closure of accounts, preparing budgets, assist user departments to provide cost for tender enquiries of meters, feasibility analysis and MIS reporting / cost & UFG analysis on a monthly/ quarterly or annual basis for review of senior management. Supervise preparation of comprehensive income statements and other financial extracts pertaining to Meter Manufacturing Plant (MMP) and LPG Air Mix Plant. Beside aforesaid ring fenced businesses, accounting for pipeline construction contracts and other Ad-Hoc assignment i.e. external audit coordination related assignments is also covered by the said position.

Job Responsibilities:

• Lead team for preparation of periodic Management Accounts of Overall SSGC for review by Senior Management;
• Supervise accounting procedures are being followed of Meter Manufacturing Plant and LPG Air Mix Business;
• Ensures timely closure of accounts of Meter Manufacturing Plant and LPG Air Mix Business;
• Supervise preparation of monthly/ quarterly / annual Profit & loss accounts of Meter Manufacturing Plant and LPG Air mix business;
• Supervise preparation of monthly/ quarterly / annual MIS reports based on Profit & loss accounts Meter Manufacturing Plant and LPG Air mix business for review by senior management;
• Supervise UFG analysis of LPG Air mix business and raise concerns with senior management;
• Supervise preparation of budgets of Meter Manufacturing Plant and LPG Air mix business in coordination with relevant business departments;
• Facilitate Regulatory Affairs department by providing budgeted profit & loss accounts of ring fenced business for submission of Estimated Revenue Requirements with OGRA;
• Participate in the preparation of cost of meters on request of Meter Plant division as per their provided assumptions to assist the senior management in computation of price for meter and spare parts in response to tender inquiries by SNGPL;
• Review cost of sub-assemblies of Meters on request of Meter Plant Division;
• Revisit the BOM and periodically update BOM of Meters in the Oracle manufacturing module;
• Perform Ad-HOC analysis including feasibility analysis of Meter Manufacturing Plant as required by senior management;
• Perform Ad-HOC analysis including feasibility analysis of LPG Air mix business as required by senior management;
• Coordinate with external auditor's / Government auditors with regard to audit of Meter Manufacturing Plant and LPG air mix business;
• Assist in preparing financial projection statements for review by senior management and external auditors.
• Supervise preparation of Unbundle Financial Accounts;
• Supervise preparation of periodic Other receivables MIS highlighting the long outstanding receivables
• Supervise Income accounting of construction contracts undertaken by SSGC from time to time.
• 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.

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