CFO

Position title: Chief Financial Officer

Reports to: Manager Finance-International Lubricants currently based in Singapore

Leadership Experience:
Minimum 8 years of leadership experience in a similar finance role preferably within a multinational corporation (MNC) or a reputable local organization. Demonstrated ability to lead highperformance teams and drive crossfunctional collaboration in a digitally evolving environment.

Academic Background:
Qualified CA / ACMA (or equivalent) or a Masters degree in Finance & Accounting from a recognized & reputed business school or institution.

Core Competencies & Digital Expertise:

• Strong leadership capabilities with deep functional expertise across Finance Accounting Taxation and Corporate Governance.
• Proven ability to leverage digital finance tools including ERP systems (e.g. SAP/Oracle) datadriven financial planning platforms and modern reporting technologies.
• Familiarity with digital transformation initiatives automation of finance workflows and adoption of analytics for enhanced business decisionmaking.
• Ability to communicate clearly and collaborate effectively across all levels of the organization and with external stakeholders.

Job responsibilities

• Responsible for the timely closure of the accounting books and the integrity of data contained in the financial records.
• Directs Pakistan local accounting groups in the recording and reporting of financial results in accordance with accepted accounting standards and practices.
• Interprets accounting policy and implements new policies and procedures for the assigned geography.
• Responsible for Statutory Tax compliance and planning for Pakistan.
• Provides guidance to tax team to resolve tax compliance litigation and disputed matters.
• Administrative oversight responsibility for Security.
• Overseeing tax compliance due to increasingly aggressive tax regime over the last few years.
• Supervise handling of notices for scrutiny of withholding tax and handling of show cause notices pursuant to yearly tax assessments.
• Supervise efforts in trouble shooting pertaining to critical import trade matters in view of foreign currency regime and ensuing aggressive monitoring and controls exercised by the Central Bank.
• Provides financial accounting expertise direction and guidance to operating management and finance organizations in Pakistan.
• Partners supports and consults on the development of business plans finance related matters on capital projects imports etc.
• Coordinates accounting and other financial services within Pakistan. (E.g. tax credit compliance cash management revenue accounting imports etc.)

Ensure that internal financial controls are in place and effectively functioning:

• Establishes processes and procedures to ensure internal controls.
• Monitors effectiveness of controls assesses gaps and takes corrective action.
• Coordinates and oversees all internal and external financial audits; serves as primary contact for internal and external auditors for Pakistan. Provides expert counsel and guidance on internal control issues.
• Oversight responsibility to report Over- due and outstanding credit reports to the business for timely collection of resolution of disputes in any.
• Oversight responsibility of Sox related activities including Sox deployment and testing.
• Helps implement Compliance programs rolled out from Corp and the region.
• Perform due diligence to extending customers credit due to increasingly challenging economic environment.
• Increasingly higher efforts to resolve remittance issues of service charges.
• Increase of work due to additional audit certification for remittance of non-IT related service charges.
• Revised contract management of service charge agreements to make alignment with the forex regulations.

Ensures Pakistan accounting groups are following all corporate policies and procedures:

• Communicates and deploys corporate guidelines and requirements.
• Establishes coordinates and implements processes and procedures within Pakistan to ensure conformance and alignment with corporate requirements.
• Monitors progress reports on compliance efforts and results and recommends corrective action.

Manages the delivery of accounting financial analysis and other financial services to the Downstream Global Divisions in a defined geography:

• Coordinates and optimizes service delivery for Pakistan that is low-cost and fit-for-purpose.
• Partners with customers manage demand and establish service level requirements including education on how best to meet business needs. Provides performance feedback and works with financial service providers to close gaps.
• Establishes and executes business plan strategies budgets and initiatives and ensures alignment of Pakistan to overall Downstream Finance direction and customer requirements. Monitors progress and performance.
• Provides direction and guidance to 9 employees including PMP/ranking/salary administration coaching and career development counseling.
• Participates in cross-functional projects as a team member.
• Participates in the Regional Finance Leadership Team & Board Meetings as Member of the Board and Trustee of Employees Funds
• Executes the Downstream Finance Business Plan strategies and initiatives as applicable to Pakistan.
• Shares accountability for Downstream Finance performance against business plan objectives as applicable to Pakistan.
• Partners with peers to standardize and improve processes share and adopt best practices and to ensure consistency within the function.
• Participates in setting strategic staffing employee development and personnel administration policies of the Pakistan Finance function through the regional finance leadership.
• Shapes culture consistent with in organization and Global Downstream values and fosters valuing diversity & inclusiveness in the workplace.
• Participate in the board meetings as a member of the board of the organization to comply with regulatory and functional requirements.
• Participate and oversight responsibility of Credit Committee Meetings.
• Networking with bankers insurers and other relevant business stakeholders for maintaining business relationships for the benefit of the enterprise.
• Keep knowledge updated related to the countrys and global economic situation in order to advise business team on its impact on the local business environment.