Manager Gas Purchases-SSGC, Karachi

Sui Southern Gas Company Limited, Karachi     Job Code: 8443-02    Qualification:

• Fresh CA / ACMA Or ACCA / MBA preferably in Finance from HEC recognized university

Experience:

• At least 4 years of experience. 

Duties & Responsibilities:

• Ensure smooth and timely processing of monthly gas purchase invoices from (more than 50) gas fields, recording of purchases in books of accounts after the invoices are verified by operations.
• Compilation of gas purchase invoices data and cross verification of working schedules, re-checking financial accuracy, and the compliance of invoices as per the provisions of GSA, OGRA price notifications, and taxation laws.
• Ensure that all gas purchase invoices are accurate and timely entered in Oracle Financial after resolving all invoice-related issues with suppliers. Ensure all payments are processed as per Gas Purchase Agreements and within due date to avoid late payment charges and litigation. Ensure that M-forms for foreign exchange payments to foreign E&P companies are prepared for onward submission to State Bank of Pakistan (SBP) by Treasury department based upon Foreign Exchange allocation. (Around more than 50 M-forms monthly are approved on FX Portal).
• Maintaining a detailed excel based MIS various to streamline the recording, reporting and payment process for the timely submission of key MIS figures for management review and various reconciliations reports including Circular debt reporting, Foreign payments and remittances reconciliation, and remaining balances of Creditors. Review MIS reports pertaining to gas purchases including audit and compliance reports for submission to Ministry of Energy and other Federal Government departments for review. Ensure liaison with transmission departments in the matters of GCS 1 (volume statement by transmission department) and ensure preparation of reconciliation of gas purchase volumes with GCS reports. Prepare monthly/ quarterly and annual schedules for submission to Accounts department.
• Recording of Line Pack, Internal consumption and purchase volumes of Gas by coordinating with operations. (GCS 1 Report). 
• Reviewing Debit /Credit Notes working ensuring compliance of invoices as per the provisions of GSA, OGRA price notifications, and taxation laws. Ensure that any adjustment in the monthly invoices are adjusted through debit / credit notes timely.
• 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