Review the consolidated management reports to reflect profitability and financial analyses to ensure accuracy and timely submission to the Management, internal and external users of assigned companies.
Review the variance analysis and explanation of financial performance against prior year and budgets; progress against key corporate metrics;
and pertinent financial highlights prepared by financial planning specialist at the level of the respective
Company's Net Income (including the assigned Non Operated Companies), Facilities operating income and its departmental expenses.
Consolidates presentation packages for OPSCOM and MANCOM, Stratplan and Budget review and ad hoc presentations that maybe required from time to time
Review ad-hoc reports, pro-actively participate in the development of new reports or initiatives to address strategic objectives.
Create financial models and sensitivity analysis to formulate projected financial results and determine viability of potential events, business plans and strategic initiatives.
Extract, develop, prepare, interpret and disseminate relevant data in formulating forecast and estimates and coordinate the completion and consolidation of budgets and financial plans.
Gather, interpret and disseminate templates and forms to be used in submitting, reviewing, consolidating and communicating budgets and financial plans.
Rolls out planning and budgeting calendar to the cost center owners of Operated companies and to Non Operated Companies
Cascades and review compliance to planning and budgeting policies, procedures, parameters and company-specific guidelines to department managers of the Operated Companies and to Non Operated Companies' counterparts for the examination of year-
ahead and roll-forward budget estimates (latest thinking forecasts) to ensure conformity, validity, and completeness.
Challenges assumptions or inputs of cost center owners and non operated business counterparts during budget or roll forward forecast discussions if aligned with prudent cost management and drives validation with GH
Prepares presentation for Rollforward and Budget review with GH
Review validated Authority for Expenditure (AFE) to ensure proper documentation and approval; and to ascertain whether the AFE is budgeted or not.
Monitor CAPEX budget and analyze its utilization
Consolidate presentation packages for OPSCOM, and MANCOM, Stratplan and Budget review and ad hoc presentations that maybe required from time to time
Review ad-hoc reports, assist in development of new reports or initiatives to address strategic objectives.
Consolidates and review presentation of Rollforward and Budget review with CTR GH
Collaborate with Coal Group Accounting and Non operated business counterparts in the completion and availability of financial information in the Report Package to ensure timely preparation of management reports
Coordinate with Energy Economics Team in developing generation and revenue forecast for budget and latest thinking forecast.
Coordinate with Fuel Management Team in validating fuel quantity and cost forecast for budget and latest thinking forecast.
Evaluate disbursement documents / Instructions of Non Operated Companies and provide a heads-up to the authorized signatories for "red flag transactions.
Work with Department Managers of assigned companies in the submission of forecasts and budgets, providing assistance with the cost and budget variance analysis, use of templates and forms and understanding budgets directives, policy and parameters.
Interface with AP-Gen Finance and AEV Corporate Finance in securing and understanding budget directives, policy and parameters.
For Non Operated companies, act as SPOC in audit and other special engagements as maybe required by the parent company.
Perform other related duties and responsibilities that may be assigned by his / her immediate superior.