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Chief Financial Officer Job in Pakistan
Pakistan International Airlines PIA , Pakistan

15 Years
0 - 0 PKR
Job Type
Job Shift
Job Category
Requires Traveling
Career Level
As Described in Job Ad
Total Vacancies
1 Job
Posted on
Mar 14, 2019
Last Date
Mar 22, 2019

Job Description

Pakistan International Airlines, the national airline of Pakistan, is implementing its focused revival strategy to steer the company on path of growth and success. The airline needs a highly experienced, dynamic and passionate professional to become part of our
team. In this regard, applications are invited from Pakistani Nationals only (No dual nationality) for the position of Chief Financial Officer (CFO).

A member of a recognized body of professional accountants. CA or Cost & Management Accountant.

Work experience both at domestic and international level in commercial / corporate finance.
Well versed with local/international tax laws covering corporate and Government taxation.
Experience in generating Financial Reports, handling affairs related to Banks, treasury management and audit compliance & control.
Strategic thinker with strong financial & business acumen.
Knowledge of regulatory environment will be added advantage.
Proven experience and ability to oversee and direct a large corporate finance department which includes but may not be limited to financial control, treasury, planning & budgeting, revenue account / accounting and risk management.
Strong analytical and negotiation skills.
Strong communication skills (written and verbal).
Ability to make decisions in complex environment.
Strong team player with the ability to build and maintain collaborative working relationships.
People Manager who has strong leadership skills with ability to lead, motivate and coach team members.
Professional individual with strong business ethics & personal integrity.

Minimum 15 years post-qualification experience in Finance, of which preferably, 05 years' at a senior position in a large Commercial/Public Sector Organization. Preference will be given to Aviation Industry experience. The applicants should have worked in Big-4 audit firms including articleship.

Job Specification

Establish effective budgeting policies and procedures and direct the annual preparation of operating and capital budgets.
Establish policies and procedures to produce a clear and accurate reports for top management, as a means of real time monitoring of various financial indicators.
Establish effective capital budgeting and project evaluation techniques, to be used in annual budgeting and continuous project analyses.
Assist top management in reviewing all financing and financial matters.
Assist Corporate Planning by supplying accounting data, yield standards, load factor standards, budget assumptions, etc. as required.
Determine long range capital requirements and negotiate loans and finances with banks.
Direct through the efforts of subordinates, the accurate maintenance of PIACL's books of account, ensuring that professional standards are being met, adequate financial controls are in place, reports are accurate and meaningful and procedures are efficient.
Ensure that PIACL is optimizing its corporate tax liabilities while adhering to tax statutes in all countries where returns most be filed.
Ensure that PIACL's insurance coverage is adequate for potential liability risk or loss of property.
Monitor, as required, processing and systems development work undertaken by IT Department on behalf of the Finance Department.
Ensure that payroll processing is accurate and timely.
Budget for and, once approved, control Finance Department expenditures against the budget during the course of the year.
Propose changes in the Department organization structure as appropriate.
Coordinate with other Departments, particularly Commercial and Supply Chain Management where financial matters are important
Ensure that all the PIAC/ Regulatory applicable rules and standards are observed in the Department in order to ensure compliance of all the Financial and Quality audits of regulatory bodies.

AGE: Not more than 55 years as on last date of advertisement.

All those who have already applied against our advertisements for the Position of Chief Financial
Officer (CFO) published in newspapers on 26, January, 2019, need not to apply again.
i. This is a merit based position.
ii. PIACL is an equal opportunity employer. Female candidates are encouraged to apply.
iii. Selected candidate will be given employment on contract basis for a period of two (02) years,
which may be extended, and will be offered market based salary and fringe benefits.
iv- No TA/DA will be admissible for interview.

Applications are invited on prescribed form available (free of cost) from PIA Recruitment & Placement Office, Karachi / PIA Offices in other major cities, besides being available on PIA website.

Interested candidates should send their application forms along with copies of Degrees / Testimonials duly verified by the Higher Education Commission (HEC) or the professional body or association, whichever is relevant, experience certificates, CNIC and 02 recent passport size photographs accompanied by a Pay Order of Rs. 1000/- (non-refundable) in the name of PIAC (PIA NTN No.080-3450-8) through courier to the following address not later than 21st March, 2019.

Pakistan International Airlines PIA

Aviation & Aerospace - Karachi, Pakistan
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