Lead Manager Fixed Assets, Inventory & OGRA Compliance-SSGC, Karachi

Sui Southern Gas Company Limited, Karachi     Job Code: 8447-01    Qualification:

• CA / ACMA OR ACCA / MBA in Finance from HEC recognized university

Experience:

• At least 6 years of post-membership experience Or at least 9 years of experience. Functional team lead experience of at least 4 years is mandatory.

Duties & Responsibilities:

• Monitor the maintenance and verification of fixed asset records accurately on a timely basis starting from the date of asset’s acquisition and periodically verifying assets balances and availability through inspection and physical counts.
• Review depreciation methodologies and rates are reviewed and reported to higher management at regular intervals and make sure that these are in accordance with applicable regulations and standards. Facilitate Tariff Department in providing MIS reports related to Oil and Gas Regulatory Authority (OGRA) templates, government and external auditors.
• Supervise and review un-posted, mass additions documents (receiving invoice and GL accounting) and reconciliation for timely capitalization of assets. Review Asset Retirement Advices (ARA) and approve inspection of assets to be retired.
• Review Vehicle Dashboard (MIS) and key assets to be presented to senior management. Oversee inventory and supply chain management according to company guidelines. Prepare reports and monitor stores activity on a daily basis regarding receiving, issuing, transfer and return of stocks.
• Monitor and reevaluate inventory records including stock position, value, aging records as per accounting standards.
• Review variance reports on Inventory module and General Ledger pertaining to Stores department and coordinate with stores in-charge.
• Coordinate with Information Technology (IT) to ensure proper functioning of ERP system and accounting modules.
• Prepare quarterly, half yearly, and annual stores schedule for review by senior management to be incorporated in financial statements.
• Ensure proof reading of quarterly, half yearly and annually financial statements are proof read before publication.
• Supervise preparation of MIS reports for review by senior management. Ensure compliance to the Enterprise Risk Management Framework enforced in the Company while performing job responsibilities in accordance with his assigned role.
• Ensure compliance to the Business Principles and Ethics Policy / Code of Conduct.