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REQ.UIRED ON CONT ~CT BASIS

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NAME OF OFFIC E: LudhianaI Urban Watel'ii11 and Wastewater Management

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Limited (LUWWML) under Mupicipal Corporation,

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Ludhiana.
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Name of po~ition~ Number, of Positions, QuJlifications & Experiences I

under: :- '}
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Sr. No. 01
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Name of Positio n Chief Execu tive Office r

Total no. of Position s Total: 01 ,I '
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Remunerations I '1
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- INR 1,75,0 00/- to INR 2,25,0 00/- plus Car tor- Office Work.
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Educatiori·a1 Please see TOR attach ed.
Qualifications &
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Experiences I•

Location· ,Ludhi ana

03 vears
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Duration.;.of Contra ct i

Sr. No. 0.2 ' .. I 'I

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Name of:Posltlo.n Chief Flnanc lal Office r .
Total: 01
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Total no. of Positions

Rem u neratlo ns Remun eration - up to INR 2,00,0 00/-

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Educational • I
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Qualifications & : Ple~se see TOR att~ch ed • • I

Exoeriences :- ' .! -
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Location~ : Ludhia na
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Duratio n of Contra ct 03 vears I

to
Last date of _application: Intere sted candidatjes should send their CV/Form
with
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ludhianapiu@gmail.com by .17th Januar y 1~ 2024, 05:00 PM along

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Qualification and Exper ienced ~ertificates scaniiied in original.

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Lud,hiana Urbap Vyater and Wastewater M~nagement Limited (LUWWML) , f O f $4 • I f i Q J

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Designation: Chief Executive!IOfficer {01 No.) 1

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Proe. Ref . No.: XX-XXX-XXXXX-XX-XXXX ,1 Location: Ludhiana, IN
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Background:
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The cities of Amritsar and Ludhiana :in Punjab have e~tablished Water Companies to provide
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water and wastewij,ter services in their respective cities. This initiative is part of The Punjab
Municipal Services Improvement ·Project (PMSIP), funded by the World Bank and Asian Infra
Investment Bank (A'IIB). Major water· supply investments are underway with an outlay of US$
300 million-to deliver clean surface water to over 30 la~h people in these two cities.

The Government of Punjab recently: approved the establishment of Water Companies. The
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cities have incorporated the Wat;er Companies Jnder Companies. Act. The ·municipal
corporations of these cities fully own their respective Jater companies. The Managing Director
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of the Company_ is the Municipal Comrt,issioner in Ex ~fficio capacity. A Chief Executive Officer
would be responsible for heading the company. ,
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The Government Qf Punjab and the two Municipal Corporations desire that the water
companies are run ~rofessionally, with autonomy, accoGntability, and financial sustainability.
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Role:
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The Chief Execu1:ive~ffi~er (CEO) will· . j!

a) Lead the tr~nsition of the tater supply and !sewage operations and staff from the
Municipal Corporation to the 'newly formed Wa(er Company.

b) Design and {build the ?r,~an,~ation structure, ;policies, systems _and processes in the
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Water Comµ,any.. , . : f
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c) Lead the- m~::nagement t~a'm·

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to deliver efficien~ and sustainable water and wastewater
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services.
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d) Plan and ov~rsee the completion of ongoing and proposed investment plans.
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e) Develop a m·edium-term business plan and roll ~ut Its implementation.

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f) Build relatio:nships with key stakeholders inclµdlng the Municipal Corporation, State
Government, Customers ~nd Service Providers ..
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Job Description
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• Transition of. Water Supply from Municipal Corporation to the Water Company
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o The- -;CEO will plan

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and oversee the1 transition of water and wastewater
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operations from :i:n'.unicipal corpor~tion to the Water Company. This will

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involve the transi~i6n df $taff, assets, bill~ng procedures, contracts and licenses .
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• Organisation Design:.... Structure, Staffing, Systems
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o The ~EO will develop the organisation structure for the Water Company and hire
the requi7ed ~ddii'ibn~I t'eam as per HR ~~olicy.
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o The CEO will prepare, secure Board a~proval and implement the key policies
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including Corporate G<:>vernance Policy, :HR Policy, Organization structure (short

term and medium term), Procurement Policy, Financial Management and
accoynting policies, Citizen Charter, C(?nnection and Billing Policy, Grievance
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 Red_ressal Mechanism, Citizen Engagement and Communication
Policy and
Environment and Social Policy all of w,hich shall align with local
and national
regul_atloris. , , '
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o The CEO will design the organisation systems and processes
required for the
Water Company tp function as a moder~n vtility. The CEO will establis
h MIS and
M&f';system$; Flnancl~I Management a~d Budgetary control systems
and other
cor_eC?rate governance systems. 't •

• L~ade~shig a~f!d management !

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o The CEO will lead the management team to deliver efficien
t and sustainable
water supply and wastewater services.

o The tEo.... will ensure regulatory com~liance of the water

and wastewater
services.
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o The CEO 1'11 set a!'ld track key performance indicators for the Water Company.

• Financial Management
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o The ~EO will oversee financial planning for the Water Compan
y, identify tariff
and ~ubsit:ty requirements and obtain th:~ approval of the Municip
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for-tari ff and subsidy. 1 ••
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o The CEO will mo·n itor ~nd secure timely! release of subsidies from
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the Municipal I

Corporation. •
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o The CEO will oversee1 financial perform ance and sustainability of the Water
Utility. .:

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• Stakeholder .Engagement·

The CEO •will co-ordiriate with all relevant stakeholders includin

0 g Municipal
Corporation, Line dE;!partments of the St~te Government, District
administration,
citize1ns, media an~ regulators. .
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Reporting ' I
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• The Chief Executive Officer will report to tl'.le Managing Directo

r - Water Utility of
respectiJe Municipal tor~ora tion. . • •(
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• The CEO. will. be a member of the Executive Committee of the
Board of Directors
which wi_ll be headed J:>~ t~e Managing Dire<tar. •.
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• The CEO will support 'th~. Municipal Commissioner in reportin

g to the Municipal
council on: • 11
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Business Plannirg and resource r~quirements

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• Operational perf9rmance ·r

• c~stome~ ~~ti~attion 1

• Execution of Pr6gram/Project co~ponents

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Qualification:
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• Any Bachelors with MBA

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• At least 1~ years' ,ex~erle?ce, in the corpprate sector (private or government

enterprises) is essenti~I. Of this) at leasts years pf experience should be in leading a line 1

department'.within th'e· co~po~dte sector (private or Government) directly reporting to

the CEO/ MO. • , • 1 11

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Period of Contract: , ! ii
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Three years .. I • ,l I
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Emoluments: • '

Remuneration - INR 1,75~000/- to INR 2,25,000f:- per month plus Car for Office Work

Location: ··- ._, 1

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The duty station of the CEo;,wm tj~lat Ludhiana, Punjbb, IN.
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Ludhiana Uroan Id I r
, ,, •, •• . • an ~as~ew?t~r rylanage"1ent ~i.mit~d (LVWWM,L)
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Designat,ion! Chief Financial :btficer (01 No.)
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Proc. Ref. No.: xx~xxx:xxxxx~~-x~xlJ 1

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Background: 1'
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and
The cities of Amritsa{ and ludhian~ in P~njab have establis6ed Water Companies to provide water
wastewater services in their respective 'cities. This initiati~e is part of The Punjab Municipal Services
Major
Improvement ProJ~_ct (PMSIP),funded by World Bank and·;Asian Infra Investment Bank (AIIB).
with an outlay of I US$ 300 million to deliver clean surface water
water supply investments are underway I I
to over 30 lakh p~ople in these two cities:. ',
• . • 'I .
have
The Government of PunJab recently approved establishment of Water Companies. The cities
und~r Companies Act,iThe municipal corporation s of these cities
incorporated the Water Companies
fully own their respective water cdmpahies. The Managin~ Director of the Company is the Municipal
the
Commissioner in Ex Offic;io capacity. A Chief Financial Officer would be responsible for heading
Financial aspects of the company.
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are run
The Government of Punjab and the .two .Municipal Corporatipns desire that the water companies
professionally, with autonomy, accounta~ility, and financial }ustainability.

Role: I.
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The Chief Financial Officer will

a) Lead the transition of the accounts of water supply',, and sewage operations and staff from the
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Municipal Corporation to the newly formed Water Company.
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b) Design an.d build the accou,:iting, framework/manuar, policies, financial systems and processes
the Water Company. ! ,,
c) Manage the .:Accounts - Bo.th. !Revenue and Expe~diture aspects of the Utilities as per the
requirements·of fndian Conipan./~s Act. ,.
d) Plan and oversee the achie\(eme~ts of ongoing and proposed financial plans
e) Develop a medium~term·bu~i,ness model and roll out its implementa tion
f) Build relationships with key •stakeholders incl~ding the Municipal Corporation, State
Government, ;and other stak~hold,er departments. I ••
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Job Description

• Tran·sition of Water Supply from, Municipal Corporation to the Water Company

0 The Chief Financial Officer will plan and oyersee the transition of finance sections of
water and wastewate r 9perations from thetmunicipal corporation to the Water Utility.
This will involve th~ trar:,sition of financial a'pects of staff including retire~ent bene~ts,
assets and ·liabilities, bi!ling and collection priocedures, Consumer Data and its validation, I•
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contracts and licenses. . I

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Organisation Design Accounting Framework, SOPs1! Staffing, Systems
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The Chief Finand:ial Officer will deveiop the tj·rganisation structure for the finance section
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of Water Utilityi hi rel the required additibnal team as per HR policy. I

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0 The Chief ~ipa;ncia/ 1.~i~r:r wil; ~r,epare Fin~:nclal ·Management and accounting_ p~licies,
Accounting Framework / ~ccounting Manual~ and other SOPs for smooth functioning of
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the Finance section~ '.i l •
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0 The Ghief financial /~ffi~fr will establish Ml$ and M&E systems; Financial Management
and B.udgetary convol ~ystems. .
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• Accounting and Financial Management I

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' o The Chief Financial Offi~~r will be responsibl,e for the entire accounting of the Utility.
He
will ensure that the .bobks of accounts are 1!up to date and satisfactorily maintained
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as
I pertbe accounting manual and framework a,pproved.
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o P~epare Annual Aciiim, ~Ian cum Annual eJd~ets of the utility and that the budgeting
system is managed ~s
per the Utilities Annu~I Budget /Annual Action Plan.
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o The Annual Financi~(st~tement~ (Balance Sheet and P & L accounts) are prepared
in a
timely manner and ':that: they are also Audit~d in a timely manner and submitted to
the
authdriti~s. ;• . , ' :! I
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o :o liais: with the lntrrnal and Statutofy A~ditors and Provide them necessary
information and /or Clarifications if needed.I!
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o All Statutory Books and r~gisters including Fixed Assets register are properly maintained
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b The Chief Financial'Offic~r shall ensure that all the Statutory Compliances are adhered
to -GST, TDS, Income Tax, ROC etc. t;
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o The Chief Financial Officer will oversee finap· cial planning for the Water Utility, identify
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tariff and subsidy requirements and prep,re the necessary documents/proposals
to
seek approval of thf ~~?~cipal Corporation for tariff and subsidy.
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o The Chief Finantfol O'ffi2Jr will assist the Utifity M~nagement in monitoring and securing
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the ttmely-release ~f sup~idies from the Mu~iclpal Corporation

o The Chief_ Financial ~ffic1/ will look ilfter the)

• Setting up of Pay'ment Gateway/lnt~rmediary Bank routes

•' Setting up' and Management of BilliJg and collection tracking software.
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SOPs for a~dits a:nd process for app~intmen~ of Internal/statutory auditors.

• • Operation and M'.onitoring of Utility'~ Bank accounts . )

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o The Chief Financial Officer will oversee fina,ncial performance and sustainability of the
Water Utility 1 • :, I 1
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• Stakehol~er Engagement ,, ; l j
o The Chief Financia, iofti;cer will co-ordina~e with all relevant stakeholders including
Muni~ipal Corpor~tio~, Line departme~ts of the State Government, District
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administration, citiiens,I7)edia and regulators.
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Reporting I
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• The Chief Financial Offi~er will report to the Chi~f Exec;:utive Officer.
• The Chief Financi~I Offi~er !will support the qhief Executive Officer in reporting
to the
Municipal Corporatipn o~ ; : i
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• Business Planninll ar~ resource require~ents

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• Financjal perfor.mance • ,11
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• Execution of Program/Project componeiilts

Qualification: ' I l II > I <! :r '
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• A Good Charter:ed ~cco~.nf (CA)i~ho hasretained a Jembership in either the Institute
of
Chartered Accoun~ants or.•t~¢. A}~ociation of Charterjd. Certified Accountants
• At leastl0 y~a rs' 'po~t ~~,lifl~~'tio~ ~xperience ~orp~rate sector (private or_ government
enterprises) is essent1al. 1·:rne e~penence should b m Finance & Accounts, Audit
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, :I I, ,t, , etc. whose

reporting is directly to ,mah,~eWf,nt. • :· •
• Knowledge of the- self-accountin& Software - Viz Tall,Y is desirable.
• Should have demoHstrated skills.' to lead an organization to deliver results.
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• Knowledge a~d un~ersta~1d\~g o~ the wat~r sector, ~PPs, etc is an added advantage.
• Senior high-ranking retired officials from Indian or International Water Boards/ Utilities
, • of large
c1t1es with exceptional work experience in leadership;! positions may also apply.
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Period of Contract:

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• Three years

Emoluments: •I
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Rem.uneratio~ up to INR 2;9oi'op1!- per ~onth.
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Location: i .'.
The duty stat;6n of th~
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cfCJi4m J' e at Ludhiana, Punj~b, IN.
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