Chief Financial Officer (CFO) position at Lahore Electric Supply Company (LESCO)

Chief Financial Officer (CFO) position at Lahore Electric Supply Company (LESCO)
  • January 20, 2025
  • 12

Introduction:
Lahore Electric Supply Company (LESCO), a State-Owned Enterprise (SOE), operates as a power distribution network delivering electricity to over 6.28 million customers across Lahore, Okara, Kasur, Sheikhupura, and Nankana. LESCO seeks a qualified and experienced professional for the key leadership role of Chief Financial Officer (CFO). This role offers an opportunity to play a pivotal part in driving financial growth, strategic planning, and ensuring efficient financial operations.

Job Description:

Develop and lead the financial team to maintain an effective financial control system. Oversee and manage the implementation of financial rules and regulations. Ensure compliance with industry-specific regulations and legal frameworks. Conduct strategic planning for financial operations to ensure long-term financial stability. Supervise and manage company assets and liabilities. Provide timely and accurate financial reporting and analysis to support decision-making. Present sound financial performance and key financial performance indicators (KPIs) to the Board of Directors. Build a strong financial management system, including ERP implementation and automation. Liaise with stakeholders, including auditors, regulators, and other relevant authorities.

Responsibilities:

  • Oversee LESCO’s overall financial operations and policies.
  • Ensure compliance with industry-specific regulations and government policies.
  • Provide strategic financial planning and direction for sustainable growth.
  • Contribute to implementing and improving ERP systems for automation.
  • Present financial updates and reports to management and the Board of Directors.
  • Build relationships with internal and external stakeholders.

Requirements:

  • Membership in a recognized body of professional accountants.
  • At least 15 years of experience in government departments, large commercial corporations, or autonomous public/private companies.
  • Expertise in financial planning, budgeting, and management.
  • Strong leadership, analytical, and decision-making skills.
  • Excellent interpersonal, communication, and presentation skills.
  • Age limit: Up to 57 years at the closing date.
  • Advanced knowledge of ERP systems and automation processes.

Apply Process:

https://lesco.pk/lesco-jobs/

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