1.

Deputy General Manager (Finance)

Terms of Reference:

 Understanding of current power policies and regulatory compliance requirements.

 Clear understanding about the Power Procurement Process across the Supply Chain of Power
Sector in Pakistan
 Candidate should have thorough understanding regarding EPA, PPA & Contract Agreement
specifically related to Power Procurements.
 Review arrangements / negotiations of financial and commercial aspects of energy/power
purchase arrangements.
 Clear understanding of various procurement process currently applicable in Pakistan for
generation tariff.
 Devise effective and efficient financial management system for routine transactions,
accordingly, assign resources, supervise activities and monitor progress on daily basis including
alignment of processes with applicable legal, regulatory & policy requirement
 Development of organization prospects by analyzing organization operations; identifying
opportunities for improvement, cost reduction, and systems enhancement.
 Preparation of annual and periodic financial statements including interactions with external
audit, govt audit and internal audit.
 ERP implementation for the development of management reporting system to provide reliable
operational and financial data in timely manner for the current and future business requirement
of the organization.
 Actively participating in power market development through alignment of finance department
processes with its requirement and continuously evolve it in line with changes in the laws,
policies and regulations.
 Ensure compliance of financial reporting requirements for internal & external stakeholders as
per IAS standards.
 Contract management after its signing till COD and after words its operations.
 Represent the organization at various forums and committees as per mandate given.
 Should have clear understanding about litigation matters including arbitration related to any
dispute arises between different stakeholders specifically related to Power Procurements, EPA
& Contract Agreements. Can also act as expert meditator as and when required.

 Manager (Finance)
Terms of Reference:

 Perform different procedures relating to financially reviewing, analyzing, verifying, and

processing of different categories of invoices to calculate / determine total amount to be paid
against the invoice submitted by designated power producer(s).
 Perform financial computations by taking into consideration different verifications made by
the technical department and provisions made in the respective purchase agreements.
 Responsible for undertaking comprehensive review of the commercial & financial segments
of purchase agreement copy received from technical department.
 Prepare routine management reports and provide information within organization and outside
organization as per mandate given.
 Identify, extract and conduct detailed analysis from available financial and other records, to
find / locate relevant information.
 Bi-Annually, candidate is responsible for obtaining / collecting outstanding balance payments
record from IPP(s) to compare / reconcile with available records.
  Coordinate with various audits to provide data, files and records and other related
information.
 Responsible for providing / arranging processed / verified copies of the documents, as and
when required for audit purpose.
 Have clear understanding of different tariff/financial models under various pricing
techniques.
 Analyse the tariff petitions/review petitions by ensuring compliance with applicable power
policy, tariff guidelines issued by the Authority, comparison with earlier similar tariff
determinations issued by the Authority, GOP Policies, prevailing laws and basis of cost/tariff
claimed by the project.

 Manager (Taxation)

Terms of Reference:

 Responsible for undertaking different steps relating to arranging, maintaining and completing
sales taxes related documents, with accuracy, ensuring conformance to applicable rules / acts
/ procedures
 Compare sales tax invoices of a power producer with previous month’s invoice, collection of
debit notes, etc., and make necessary corrections in previous month’s invoice.
 Responsible to identify sales tax related liabilities through informed application of tax laws
& regulations, and other applicable documents
 Prepare and review tax calculations, estimates and reports accruals.
 Ensure timely and accurate filing of all corporate sales tax returns.
 Responsible for deducting income tax at source on monthly basis. The information is
maintained as per international financial reporting standards and will be used in preparation
of different financial statements.
 Responsible for filing quarterly/annually Income Tax Returns in FBR, Government of
Pakistan (may include coordination with Tax Consultants) and providing basic documents for
filing the “Returns”.
 Provide internal tax advisory services and support to the employees working in CPPA G
particularly employees working in finance section, particularly during processing of invoices.
 Responsible for preparing / furnishing replies to different FBR notices (with assistance of tax
consultants), as and when received.
 Assist CPPA G legal counsel in different matters relating to litigation with FBR. This
includes providing relevant information, supporting documents, preparing specials notes /
summaries, etc
 Identify, extract and conducted detailed analysis from available financial, tax and other
records, to find / locate relevant information, as required. Prepare a comprehensive replies/
report and submit them to chief financial officer for review and further approval.

 DEPUTY MANAGER Finance

Terms of Reference:

 Responsible for analyzing claims submitted by IPPs through web portal and by hard copy,.
 Get verification of technical data of the claim such as Meter Reading, Net Electric Output and
dependable capacity from technical section.
 Perform calculation of the invoices in financial model as well as on ERP System and process
of the claims of IPPS and forward to treasury for payment purposes.
 Assist in development and finalization of commercial and financial provision of the Power
Purchase Agreements assigned by the management.
 Preparation and submission of Annual Foreign Exchange Budget to Ministry of Finance
(MOF).
 Pre-audit of foreign legal counsel invoices, arranging allocation of foreign exchange budget
for each invoice of foreign local counsel.
 Attend meetings to address / settle the audit related observations / paras, with detailed
preparation and presenting CPPAG Point of View before the audit.