New Job at IESCO 2024
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Positions Announced:
1. Chief Financial Officer
This is a senior-level management position directly reporting to the Chief Executive Officer and Board of Directors of IESCO. The incumbent shall be responsible for leading and managing the Finance, Treasury, and Accounts departments, ensuring that appropriate advice is given to the board on all financial matters, keeping proper financial records and accounts, and maintaining an effective system of internal financial control. Ideal candidates should have strong business acumen and Judgment capabilities and experience working in Senior Management positions preferably with board-level interaction. The candidate should have complete knowledge of the Corporate Governance Rules of Public Sector Companies and their compliance requirements. The incumbent shall have the following specific additional experience
1. Have worked in an ERP operating environment. Implementing and integrating ERP systems would be given additional consideration. He should have an in-depth understanding of Internal Audit functions in the ERP environment, risk systems, and controls that meet IIA Standards
2. Implemented inventory management and control systems, including policy and implementation of inventory/assets valuations, assets tagging/registers/record maintenance and inventory obsolescence and write-offs, required inventory ordering levels, and frequency of inventory inspections in the field and in warehouses.
3. Formulated and implemented procurement control functions including an independent procurements oversight and associated financial controls system.
4. An understanding of the Pakistan electricity market, regulations and regulatory structure, tariff structures of the various segments of this sector, and Distribution Companies in particular, and the evolving changes under consideration would be an added advantage for the candidate.
5. Work effectively with external and internal auditors of the Company to ensure the continuing financial integrity of all systems and obtain judgments and recommendations to improve the systems and the financial health of the company.
6. To develop a competent and high-performing team of individuals to achieve the required high standards of work in the department.
Last date to apply for the job:
Within 15 days
How to apply:
Apply at IESCO website www.iesco.com.pk
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