Job Description, KPIs and Qualification & Experience

Position Name: Sr. Assistant Director Accounts and Finance                                                                                                                                             Position Code:   Finance 006

Reports to: DG Finance                                                                                                                                                                                                              Location: HQ Islamabad

Key Responsibilities

• To support Director Finance to develop and control the Authority’s annual operating budget to ensure that all financial targets are met and financial and statutory regulations are complied with.
• To support Director Finance to develop and maintain all necessary systems, policies and procedures to ensure effective and efficient financial management within the Organization.
• To support Director Finance in Implementing robust financial systems and developing policies and procedures to ensure effective and efficient financial management within the company
• To support Director Finance in budgeting, forecasting and planning process
• To support Director Finance in controlling all financial and accountancy matters including month end reports, management accounts, cash flow management, statutory accounts, presentation of management information and KPIs
• To support Director Finance in monitoring external contracts and services provided by suppliers
• To support the Directorate to develop, implement and evaluate investment strategies / processes along with necessary rules / procedures.
• To Support Director Finance in different activities related to financial management, budgeting, reporting, forecasting, analysis, compliance to different statutory requirements, implementation of NEECA rules relating to energy certificates and managing funds, etc., to ensure smooth running of NEECA. 
• To support Director Finance in determining financial strategy and policy, arranging the appropriate funding and managing financial risks in the organization.
• Responsible for developing/supervising development of special purpose reports, analysis, etc., as and when required.
• To support Director Finance in timely collection of the dues; and expediting the issue of non-payment to the Authority in case of non-adherences with respect to collection of outstanding dues by the licensees.
• To support Director Finance to manage billion rupees’ investment funds; establish performance goals, allocate resources, and assess policies in order to make recommendations to Managing Director and to the Board Committee and the NEECA board.
• To support Director Finance in Preparing financial reports and submissions to relevant government entities including tax returns etc.
• To support Director Finance in proposing an annual budget based upon organizational goals.
• To support Director and DG finance in managing the financial reporting for the organization. This includes monthly financial reporting, budgeting and forecasting, 5 year financial plans and all statutory financial reporting
• Responsible for management of complete record, which may include all official mails originating from outside/inside of the department, files, submissions, evidences, reports, documents, etc.
• Maintaining and transferring the record of money between bank accounts and Authority as and when required.
• Managing and tracking budget and accounting information including billing, collections, and tax information
• Develop sound financial management systems in field offices for transparency, compliance and risk management;
• Contribute fully to the development of the organization’s strategy across all areas of the business, challenging assumptions and decision-making as appropriate, and providing reliable financial analysis and guidance on all activities, plans, targets and business drivers

Key Performance Indicators

• Managing daily cash balances.
• Total number of payments made within due time as compared to total requests received
• Ensuring that cash flows are adequate to allow Organization to operate effectively.
• Forecasting cash payments and anticipating challenges arising from limited cash flow;
• Maintaining our accounts system;
• Preparing and presenting financial reports for meetings.
• Recommend and maintain a system of policies and procedures that impose an adequate level of control over Finance Department activities
• Maintaining and transferring money between bank accounts as required.
• Work with the director to coordinate and supervise daily operations

Qualification and Experience

• Bachelor’s degree in Finance, Accounting, Auditing, business administration or any other relevant field.
• The candidate should have at least 05 years of post-qualification experience in the relevant field.
• Maximum age of the candidate should not be more than 40 years on the date of advertisement of this position.