Job Specifications & Other requirements

Education: Minimum CA (Pak)-Finalist / ACCA / CIMA / ICMA

Minimum Experience:           

Overall 6 to 7 years’ experience in the relevant field (including 3.5 to 4 years’ experience in any of the Big Five Audit Firms in Pakistan).

Preference will be given to the candidate having relevant experience in Power Sector.

Age: 35 years (maximum)

Basic Skills:

Must have:

a. Advance knowledge of IFRSs & Companies Act, 2017

b. English communication and cross-cultural coordination skills for working in a foreign-invested environment

c. Analytical mindset, attention to detail, and ability to meet tight deadlines.

d. Proficient in MS Office (Excel, Word, PowerPoint); ERP experience preferred.

Job Description

1.     Foreign Exchange & Regulatory Affairs

• Prepare and process outward remittance approvals to the State Bank of Pakistan (SBP) under various vendor agreements.
• Handle loan repayment schedule registration and respond to SBP or bank queries.
• Ensure compliance with the Foreign Exchange Manual, related SROs, and SBP circulars.
• Submit quarterly and annual foreign investment surveys to SBP and maintain all related documentation.

2.     Treasury & Financial Planning

• Assisting Manager in manging cash flows, including forecasts for surplus or shortfall.
• Prepare budgets, variance analysis, and cost verification for tariff filings.
• Assist in updating the Company’s Financial Model and related financial analyses.

3.     Financial Reporting & Compliance

• Prepare monthly and quarterly financial statements in accordance with IFRSs and Companies Act, 2017.
• Assisting the Manager in complying with lenders and the Sponsors’ reporting requirements under the relevant Agreements.
• Coordinate with auditors for annual audit completion and provide required documentation.
• Maintain accurate financial records and timely reports for management and sponsors.

4.     Taxation & Accounting

• Oversee income tax and sales tax compliance, including review of returns and withholding obligations.
• Coordinate with tax advisors and authorities regarding notices, filings, and appeals.
• Maintain accounting ledgers, reconciliations, and supporting documents for tax and audit purposes.Stay updated on new tax laws, SROs, and regulatory amendments.

5.     General & Support Functions

• Coordinate with SBP & HBL. Also, assisting in coordination with other stakeholders for operational and financial matters.
• Perform any special assignments or additional tasks as directed by the Chief Financial Officer (CFO) and Manager.
• Ensure confidentiality, accuracy, and compliance in all financial transactions.

* The scope of work and responsibilities described herein are subject to change at the discretion of the Company, in accordance with its regulations, policies, and management decisions.

Perks & Benefits

Handsome salary package in accordance with experience & capabilities of the candidate as per Company’s policy.