Assistant Manager Contracts, Performance & Audit

Job title: Assistant Manager Contracts, Performance & Audit

Company: K-Electric


Job description: Our employees are our company’s greatest asset – they are our real competitive advantage. We possesse immense power of innovation, immagination and a desire to attract and retain the best; provide them with encouragement, stimulus, and make them feel that they are an integral part of the company’s mission.Education Requirements:

• 04 years Bachelor’s Degree in Business Administration or Engineering preferably with MBA.

Experience:

• 2 to 3 years of relevant experience in contract management, technical audits, contractor performance management and financial impact assessment.

Key Responsibilities:

• Support in managing contract lifecycle for K-Electric’s Distribution Projects across Karachi, including contractor onboarding.
• Provide technical support for resolving execution issues related to contractors and internal teams.
• Act as a liaison between Pre-Qualified Contractors (PQCs) and execution teams to address stakeholder complaints.
• Allocate work to PQCs as per allocation criteria and ensure close coordination with execution teams for contractor deployment, safety compliance, and material management.
• Monitor contractor performance quarterly based on agreed KPIs and milestones, initiating corrective actions where needed.
• Ensure full compliance with contract terms, safety standards, and technical deliverables, and address non-compliances with penalization measures as per KE policies.
• Identify and report financial risk exposures, material risks, and payable-related gaps in contracts.
• Manage PQC data, ensure contractor workforce is trained, and supervise the timely collection, verification, and processing of contractor invoices while coordinating with BF team for payment disbursements.
• Having financial understanding of contract management process and implications.
• Prepare dashboards and analytical reports using PowerBI, PowerApps, and other reporting tools.
• Lead and oversee project activities from Kick-Off until closure and capitalization of the project as per KE standards, ensuring timely documentation and system updates for project financial closures.

Skill Requirements:

• Strong knowledge of contract management, project execution, invoice processing, payables handling, and technical auditing.
• Proficiency in PowerBI, PowerApps, and related dashboard/reporting tools.
• Excellent stakeholder management, negotiation, and communication skills.
• Good understanding of financial processes related to project payables, invoice reconciliations, and capitalization.
• Ability to work efficiently in a fast-paced environment with attention to detail and adherence to timelines.

KE provides equal employment opportunity (EEO) to all persons regardless of age, color, origin, physical or mental disability, race, religion, creed, gender, marital status, status with regard to public assistance or any other characteristic protected by federal, state or local laws.

Expected salary:

Location: Karachi, Sindh

Job date: Thu, 15 May 2025 02:17:39 GMT

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