Chief Financial Officer

SSGC LPG Limited

Karachi Division

On-site

PKR 15,000,000 - 23,000,000

Full time

33 hours ago

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Job summary

Sui Southern Gas Company Limited in Karachi is seeking a Chief Financial Officer to lead the financial strategy and governance, aligning budgeting, treasury, and regulatory compliance with the company’s growth plans.

The role requires a professional accountant with 15+ years of experience and at least 5 years in a senior management position, with preference for Oil & Gas sector exposure; you will report to the Board and oversee audits and financial reporting.

Qualifications

Member of a professional accounting body with at least 15 years of relevant experience.
Minimum 5 years in a senior management position in a multinational or corporate sector.
Oil & Gas sector / SOE experience shall be considered an added advantage.

Responsibilities

Oversee company’s accounting practices and ensure regulatory compliance.
Ensure reporting and accounting as per regulatory and statutory requirements.
Coordinate and oversee external audits and financial statements.
Plan and implement internal controls to safeguard financial resources.
Oversee taxation matters and treasury functions including cash management.
Develop annual revenue and capital budgets and monitor adherence.
Interface with auditors, regulators, and government departments as needed.

Skills

Professional accounting

Senior management

Oil & Gas experience

SOE experience

Job description

A member of an organized body of professional accountants with at least fifteen (15) years of relevant experience. The candidate must have at least 5 years of experience at a senior management position in a reputable multinational or corporate sector. Oil and Gas Sector / SOE experience shall be considered as an added advantage.

Responsibilities:

JOB SUMMARY

The Chief Financial Officer will be responsible for leading the Company’s financial strategy, ensuring robust financial governance, and driving sustainable growth. The role entails formulating and executing financial strategies, developing and reviewing financial plans, and providing strategic guidance to the Finance, Accounts, and Taxation functions. Key responsibilities include preparing and monitoring revenue and capital budgets, overseeing treasury operations such as cash management and investments, managing business licensing, and ensuring full compliance with statutory, legal, and reporting requirements and timely finalization of financial statements.

The incumbent will liaise with external and government auditors, manage Public Accounts Committee matters, and provide oversight to the Regulatory Affairs, and Risk Management departments ensuring effective risk identification and the development of mitigation strategies.

JOB RESPONSIBILITIES

To oversee Company’s accounting practices
To ensure reporting and accounting as per regulatory and statutory requirements
To get the company’s accounts audited
To plan and implement appropriate accounting and internal controls for safeguarding the financial resources of the company
To oversee the company taxation matters
To supervise the treasury functions including cash management and investments.
To develop the annual revenue and capital budgets of the company and to ensure adherence to the approved budgets
To facilitate/assist in working out the financial impact/cost benefit analysis of each new initiative being planned by the company
To oversee the company investment strategy to maximize the returns.
To process and finalize financial statements within statutory timelines.
To provide financial input in the CBA agreement
To manage, motivate, train and recruit financial team
To participate in inter-departmental and Management Committee meetings
To attend Board Audit, Finance, UFG and Risk Committee meetings
To coordinate with all the departments and regions for timely completion of the budgets and company accounts
To supervise, coach, guide and develop the resources of operations keeping succession planning in view.
To inculcate culture of continuous education/ development byarranging in-house /specialized trainings for executives and sub-ordinate staff at LDC or through other reputed national /International training providers.
To ensure optimum utilization of the Company’s financial resources within the statutory, legal and regulatory framework
To interact with the various government departments on various issues
To monitor and comply with OGRA regulations and to submit cases to OGRA for revenue requirements
To resolve tariff related issues with the regulators
To interact with the offices of Secretary Petroleum, DG Gas and DG LGs for company affairs
To interact with the income tax and sales tax departments on the relevant issues
To interact with commercial banks, financial institutions and Ministry of Finance for investing company funds and arrange various banking facilities
To interact with the commercial banks to impose collection function
To ensure smooth and timely completion of the statutory audit, government audit and sales tax audit
To ensure that all other types of audits are conducted smoothly and as per rules
To arrange BOD approval/resolution for all required matters
To ensure timely compliance with all BOD decisions
To provide status reports to the BOD on different issues
To present the quarterly, semiannual and annual accounts for review and approval
To present audited accounts to the Board