Chief Financial Officer

Professional Employers (Pvt) Ltd

Islamabad , Pakistan

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CPPA-G is a non-profit independent company established under the Company Ordinance 1984, responsible for electric power procurement, billing and settlement on behalf of Distribution Companies and facilitating the competitive electric market development initiative of Government of Pakistan.

Position Title: Chief Financial Officer (CFO)

Reports To: Chief Executive Officer (CEO)

Place of Posting: CPPA-G Islamabad.

Key Responsibilities:

Financial Management & Reporting: Oversee preparation of financial statements, budgets, and forecasts, ensuring compliance with accounting standards.
Treasury & Cash Flow Management: Manage cash flow and liquidity, optimize financial planning and investment strategies.
Taxation & Compliance: Ensure tax compliance, manage tax issues, and resolve matters with relevant authorities.
Energy Sector Finance: Handle financial aspects of Power Purchase Agreements (PPAs), tariffs, and sector-specific regulations.
Audit & Internal Controls: Establish internal controls, coordinate with auditors, and ensure financial transparency.
Risk Management & Financial Strategy: Develop financial risk management strategies and recommend corrective actions to meet the organizational goals.
Stakeholder Management: Engage with regulatory bodies, financial institutions, and business partners to ensure smooth continuation of CPPA-G operations.
Financial Modeling & Analysis: Lead financial modeling, conduct analysis, and present findings to BoDs and relevant forums.

Technical Skills:

To be able to advise GoP & other stakeholders in developing Public Policy of power sector of Pakistan.
Expertise in financial reporting modeling, treasury management, Billing & settlement, and taxation specific to power sector of Pakistan.
Deep knowledge of energy sector finance, including PPAs, EPAs, tariffs and applicable regulations.
Advanced proficiency in financial software (e.g., Advance Excel, Power BI ERP systems).

Management Skills:

Leadership: Ability to lead and manage large teams, collaborate with other departments.
Negotiation & Communication: Excellent skills in commercial negotiations and effective communication with all stakeholders.
Problem-Solving & Decision Making: Strong analytical and problem-solving capabilities and ability to respond to complex issues & timebound financial and commercial activities.
Stakeholder Management: Management of relationship with relevant Ministries, Regulator, IPPs and other stakeholders.

Required Qualification: Chartered Accountant / Chartered Management Accountant / ACCA. (Candidate must be FCA, FCMA, FCCA)

Professional Requirements: The potential candidate must have 15 years of post-qualification experience in Public / Private or International Organizations. The potential candidate must have 07 years of Power sector experience along with 05 years of experience in Senior Management Role or as Head of the Department in a reputed organization.

Age Limit: The candidate must not exceed 57 years of age at the time of closing of advertisement.

Skills

Financial Statement Analysis Corporate Finance Financial Analysis

Job Details

Industry:

Recruitment / Employment Firms

Functional Area:

Accounts, Finance & Financial Services

Total Positions:

1 Post

Job Shift:

First Shift (Day)

Job Type:

Full Time/Permanent

Job Location:

Islamabad, Pakistan

Gender:

No Preference

Minimum Education:

Certification

Degree Title:

ACCA . FCA , FCMA , FCCA

Career Level:

GM / CEO / Country Head / President

Minimum Experience:

15 Years

Apply Before:

Dec 27, 2024

Posting Date:

Nov 26, 2024

Professional Employers (Pvt) Ltd

Recruitment / Employment Firms · 51-100 employees - Islamabad

PEOPLE delivers business, strategic and human capital solutions, which give a new life to your business and take your organization to a new growth trajectory. Our unique approach helps ensure that all levels of the organization work together to create an innovative, talent-powered organization, cutting out redundancies, ultimately helping our clients to achieve excellence in what they do.