New FESCO Jobs in Punjab January 2025 has been publish daily express newspaper. Looking for New FESCO Jobs in Faisalabad? Faisalabad Electric Supply Company (FESCO) is hiring a Chief Financial Officer (CFO) to lead its financial and accounting operations. This senior role requires 15+ years of experience in finance, accounting, or related fields, with a competitive salary and a three-year contract. Applicants must have strong expertise in financial strategy, risk management, and ERP systems. Submit your application online at www.fesco.com.pk within 15 days to join FESCO and contribute to Pakistan’s power sector growth!Check Latest Jobs in pakistan
Date Posted | 31-12-2024 |
Industry | Government |
Hiring Organization | Faisalabad Electric Supply Company |
Jobs Location | Faisalabad |
Valid Through (Last Date) | 14-01-2025 |
Education Requirements | Relevent Qualification |
Employment Type | Full Time |
No. of Posts | 10+ |
Newspaper | Express/Dawn/The News |
Address | Faisalabad Electric Supply Company Punjab Pakistan |
Zip Code | 37000 |
Job Opportunity: Chief Financial Officer (CFO) – Faisalabad Electric Supply Company (FESCO)
About FESCO:
Faisalabad Electric Supply Company (FESCO) is a leading public utility company in the power sector, distributing electricity to over 5.4 million customers across eight districts of Punjab, including Faisalabad, Chiniot, Sargodha, Jhang, Toba Tek Singh, Khushab, Mianwali, and Bhakkar.
Position Overview:
FESCO is seeking a Chief Financial Officer (CFO) to lead its financial and accounting functions. This C-level position will report directly to the Chief Executive Officer and act as the Financial Advisor, managing strategic financial operations to support FESCO’s mission of delivering reliable energy services.
Key Responsibilities:
- Develop and implement sound financial strategies and policies, including computerized accounting and MIS systems.
- Oversee corporate planning, budgeting, and funds management.
- Manage financial risks, debt, and compliance while coordinating with stakeholders.
- Ensure effective internal financial controls and statutory compliance for reporting and audits.
- Collaborate with NEPRA on tariff determination and other financial matters.
- Optimize funding processes and foster relationships with financial institutions.
- Drive ERP implementation and financial automation projects.
Qualifications and Experience:
Candidates must meet one of the following criteria:
- Membership of a recognized professional accounting body with at least 15 years of relevant experience in the public or private sector, particularly in entities with assets of Rs. 5 billion or more.
- A Master’s Degree in Finance or a related discipline from an HEC-recognized institution with at least 15 years of relevant experience.
Skills and Competencies:
- Expertise in financial management, strategic planning, and risk mitigation.
- Knowledge of power sector regulations and financial legislation.
- Experience in leading teams and achieving organizational goals.
- Strong communication and relationship-building skills.
- Hands-on experience with ERP systems and financial automation.
Remuneration and Tenure:
- Competitive market-based salary package.
- Initial three-year contract (six-month probation), extendable based on performance.
Age Limit:
Candidates must not exceed 57 years of age as of the closing date.
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How to Apply:
- Complete the online application form available at www.fesco.com.pk.
- Submit the application form along with:
- Updated CV.
- Verified copies of degrees, certificates, and experience letters.
- CNIC and recent photograph.
- A declaration of eligibility on non-judicial stamp paper (format available on the website).
- Dispatch the documents via courier to:
Director General (HR)
Faisalabad Electric Supply Company (FESCO)
West Canal Road, Abdullahpur, Faisalabad.
Important Notes:
- Applications must be received within 15 days of the advertisement publication.
- Candidates employed in government or semi-government organizations must apply through the proper channel with an NOC.
- Original documents will be required at the interview.
- Only shortlisted candidates will be contacted.
- No TA/DA will be provided for the interview process.
For details, visit www.fesco.com.pk or www.ppra.org.pk.
Join FESCO to lead financial innovation and support Pakistan’s power sector!
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