Energy & Utilities

We prepare financial reports including income statement, balance sheet and statement of cash flow for the energy and utility industry. We make necessary year-end adjustments like depreciation, bad-debts, adjustments for pre-payments, etc., and make the financial statements ready as per the international accounting standards.

Based on the industry, the appraisal also differs. With our experts who have years of experience and knowledge about ongoing market trends, your employees will be tracked carefully. Our appraisal techniques assure employees that they get paid according to their hard work.

Our Compensation management service will help you define necessary pay components, additions and deductions and perks. We also take care of statutory deductions and legal requirements as to the payment of gratuity and other benefits. We know the pay package standard of the energy and utility industry. We define and maintain compensation as per the industry trends and skills of the employees.

HR administration covers many of the activities that the human resource department includes. We prepare the policies or enhance the existing once for your energy business. Our primary aim is to deliver satisfaction to both the parties viz., employee and employer. Based on the terms of engagement, we define our scope of work and deliver quality HR solutions.

Employee training and development prepares the new recruited workforce for energy management. They must be familiar with each aspect of your business. We, as your development partners, aim to provide them with efficient knowledge, which would directly positively affect your growth.

Information asset risk evaluation service was initially introduced for the companies that deal with sensitive data such as banking sector and healthcare facilities. However, as of now, it is important for every company that their information assets are adequately protected. We study your IT infrastructure including software, hardware peripherals, networking, firewalls, IT policy, and security policy. We also identify the risks attached to each of these assets. Based on the risk identified and prioritized, we suggest appropriate measures to mitigate and transfer the risks.

We provide management consulting where our focus is on assisting management wherever it feels outside help is needed. We evaluate business proposals, undertake feasibility studies, evaluate proposals for mergers and acquisitions, assisting in taking capital structure decisions, help in establishing IT infrastructure and provide insightful reports aiding decision making.

We optimize the usage of your resources by planning their implementation. In the process, we also optimize your current business processes and try to reduce wastages. Our process consulting team consists of technical and functional experts who have thorough knowledge of energy and utility sector. They suggest you the ways and means of achieving operational efficiencies and reaching the organizational goal.

As we all know, the energy industry deals with the environment, compliance checks should be done with proper care. We make sure regulatory compliances are appropriately met by the company to avoid fines and penalties.

We help you negotiate contracts with your suppliers and customers. We perform this task for you to clinch a contract at a reasonable price, fair terms and conditions while adhering to the legal formalities.

Internal Audit is done to find out whether defined controls are working as intended. It is aimed at achieving higher operational efficiency and complying with internal policies and external rules and regulations. We define our audit procedures based on the size of business and our assessment of control risks. Once the procedures are defined, our auditors check if the internal controls are adequately defined and they protect the assets of the company. Read more about our internal audit services in Dubai, UAE.