Senior Engineer (Budget & Cost Control)

Sui Southern Gas Company Limited; Karachi Division; On-site; PKR 2,000,000 - 2,750,000; Full time

Job summary

A gas utility company in Karachi is seeking an experienced financial manager to lead budgeting efforts and ensure compliance with financial policies. The ideal candidate will have an engineering background, at least 4 years of experience, and mandatory PEC registration. Responsibilities include developing strategic budgeting plans, tracking financial results, and supervising a collaborative team to achieve financial success.

Qualifications

• At least 4 years of experience in relevant field.
• PEC registration is mandatory.

Responsibilities

• Lead the development of detailed project budgets.
• Develop and implement strategic plans for budgeting.
• Develop, present, and oversee comprehensive financial budgets.
• Track financial results regularly.
• Prepare accurate cost estimates and plans.
• Prepare financial information for efficient management.
• Research and analyze operational cost data.
• Implement measures to optimize project costs.
• Ensure strict adherence to approved budgets.
• Evaluate budget proposals for viability.
• Supervise the team, fostering a collaborative environment.
• Ensure compliance with financial policies and standards.
• Oversee preparation of timely financial reports.

Education

Engineering degree from HEC recognized university

Job description

Responsibilities

Engineering graduate from HEC recognized university with atleast 4 years of experience. PEC registration is mandatory.

Duties and Responsibilities

• Lead the development of detailed project budgets, considering all relevant factors and incorporating financial best practices, resulting in accurate and comprehensive project budgets that serve as a foundation for financial success.
• Develop and implement strategic plans for budgeting, ensuring alignment with organizational goals and project objectives, fostering strategic financial planning.
• Develop, present, and oversee comprehensive financial budgets on an annual and quarterly basis, ensuring alignment with company goals and project objectives.
• Track financial results regularly, comparing them to key financial targets, and provide insights and recommendations based on the analysis.
• Prepare accurate cost estimates and plans, providing necessary reporting, documentation, and financial assessments to support strategic decision-making.
• Prepare financial information, including revenues, expenditures, and cash management, to ensure all operations are within budget, providing insights for efficient financial management.
• Research, develop, and analyze operational cost and expenditure data, comparing budgeted costs to actual costs, and making recommendations to upper management regarding budget expenditures.
• Implement measures to optimize project costs, ensuring that spending aligns with approved budgets, leading to proactive cost control measures resulting in efficient spending and budget adherence.
• Ensure strict adherence to approved budgets, monitoring expenditures, and addressing variances promptly, ensuring budget adherence, minimizing variances, and ensuring financial stability.
• Evaluate budget proposals and financial requests for viability, providing critical insights into the financial feasibility of proposed projects.
• Supervise the team, developing a collaborative and high-performing work environment, resulting in a motivated and high-performing team contributing to the financial success of projects.
• Ensure strict adherence to financial policies, procedures, and compliance standards, promoting compliance with financial policies, mitigating risks, and ensuring financial integrity.
• Oversee the preparation of accurate and timely financial reports for internal and external stakeholders, ensuring timely and accurate financial reporting, providing stakeholders with transparent insights.