Strategic Budgeting Lead - FP&A & Analysis

K Electric Gmbh

Karachi Division

On-site

PKR 1,200,000 - 1,800,000

Full time

10 days ago

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Job summary

KE is seeking a Budget Analyst to support annual budget preparation, financial analysis, and post-investment reviews. The role requires coordinating with Strategy, Projects, P&E, and S&OP to validate costs and investment feasibility.

Strong Excel/PowerPoint skills and 2–3 years relevant experience are essential, preferably in utilities or project-based settings. You will help align procurement and cash budgets with CWIP, develop BOM-based budgets, and drive budgeting automation and reporting

Qualifications

ACCA, CA, ICMA, MBA Accounting & Finance or BS Accounting & Finance qualifications.
2–3 years of budgeting, financial planning, project analysis or management reporting experience.
Experience in budgeting within utility, infrastructure or project-based environments is advantageous.

Responsibilities

Support the preparation, consolidation, and presentation of the annual budget for management and Board approval.
Coordinate with Strategy, Projects, P&E, S&OP, clusters and other stakeholders to validate project scope, cost and investment feasibility.
Align procurement and cash budgets with CWIP requirements.
Prepare financial workings for deferred revenue, other income, inflows, OPEX allocations, and open POs/PRs.
Prepare BOM-based project budgets and align material requisitions with approved budget BOMs.
Introduce service codes in BOMs to improve visibility of service costs.
Develop scenario-based BOMs to improve budgeting accuracy and optimize project costs.
Monitor budget versus actual consumption and maintain Mini Pulse reporting on the SIP Portal.
Support the automation of budget-consumption reporting and other budgeting processes.
Conduct post-investment reviews of loss-reduction projects and assess actual benefits against approved budgets.
Prepare PIR analysis within two working days and circulate the report within four working days of receiving validated data.
Maintain updated records of budget reallocations and coordinate system updates with the BPR team.
Conduct regular stakeholder meetings and follow up on agreed actions.
Prepare management reports, presentations, reconciliations, and ad hoc financial analyses.
Participate in designated safety meetings, complete monthly safety requirements, and support organizational HSE objectives.