Deputy Manager Project Financing

Job title: Deputy Manager Project Financing

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.1. Arrangement and Management of long term financing
Coordination with local and foreign banks for resolving their queries in relation to the due diligence Executing periodic payments of long-term financing facilities are made on the due date Maintenance of records of foreign and local financing payments
Monitoring of covenants under the long term financing agreement and reporting of same on or before due dates
Inter departmental coordination for resolving day to day matters2. Foreign remittances
Analysis of foreign remittance cases with respect to the guidelines of FE Manual
Preparation of foreign remittance cases for submission to SBP for approval and regular follow-up with bank for arrangement of approval
Negotiating Exchange Rates with bank for Foreign Remittance.
Posting of foreign payments in SAP and maintaining all payment record for timely reporting3. Operational Activities:
Resolving queries of external auditors for the completion of annual audit.
Coordination with banks on day-to-day basis for resolving their queries and getting any information needed.4. Accounting & Budgeting
Reviewing the calculation of markup sent by financial institution
Calculating budgeted finance cost for long term financing agreements.
Posting of markup, principal repayments, drawdowns and fees due under the long-term financing5. Treasury Deliverables:
Preparation of various reports on need basis.
Preparation of monthly treasury bulletinKE 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.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: Tue, 14 Jan 2025 23:18:46 GMT

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