Faisalabad Electric Supply Company (FESCO), one of the leading public utility companies in Pakistan’s power sector, is responsible for the distribution of electricity to over 5.4 million customers across eight districts of Punjab: Faisalabad, Chiniot, Sargodha, Jhang, Toba Tek Singh, Khushab, Mianwali, and Bhakkar.
Position: Chief Internal Auditor
FESCO is looking for a dynamic and experienced professional (male or female) with a strong understanding of the power sector for the position of Chief Internal Auditor.
Key Responsibilities:
- Lead and manage the internal audit function at FESCO
- Report directly to the Audit and Finance Committee and the Board of Directors
- Evaluate accounting, financial, credit, and operational activities independently
- Review the soundness and application of internal controls and procedures
- Develop and implement effective audit programs
- Prepare detailed audit reports with observations and recommendations
- Build and manage a competent audit team
- Conduct special investigations as directed by the Board
- Liaise with external and government auditors
- Ensure communication and implementation of board decisions and policies
Required Skills:
- Proven leadership and team-building capabilities
- Strong grasp of financial, legal, and regulatory frameworks
- Deep understanding of internal controls and risk management in large organizations
Qualification & Experience:
- Membership of a recognized professional accounting body (CA, CPA, ACMA, ACCA, or MBA Finance from an HEC-recognized local/international institute)
- At least 10 years of relevant experience
- Minimum 4 years of experience in a senior management role, preferably in public/private sector audit, risk management, and internal controls
- Familiarity with governance and risk control in state-owned enterprises or public sector projects
Remuneration & Contract Terms:
- Market-based, competitive lump sum salary package
- Initial contract of 3 years (including 6-month probation), extendable based on performance
- This position is on a contract basis and is not pensionable or regularized under government rules
Age Limit:
- Maximum age: 57 years (as of the application deadline)
How to Apply:
- Download and fill the application form available at www.fesco.com.pk
- Send the signed application form via courier along with:
- Updated CV
- Copies of educational degrees/certificates (recognized by HEC) and experience letters
- Copy of CNIC and a recent passport-size photograph
- Declaration on non-judicial stamp paper (format available on website)
Address:
Director General (HR)
Faisalabad Electric Supply Company (FESCO)
West Canal Road, Abdullahpur, Faisalabad
Phone: (041) 9220247
Other Instructions:
- Application deadline: within 15 days of this advertisement’s publication
- Incomplete applications will not be considered
- Government/semi-government employees must apply through proper channels with a NOC
- Only shortlisted candidates will be contacted
- No TA/DA will be provided
- FESCO reserves the right to cancel the recruitment process at any stage without notice