Pakistan Reinsurance Company Limited (PRCL) in Karachi is looking for candidates to apply for the Chief Financial Officer (CFO) position. To qualify, applicants should have an MBA, ACMA, CPA, CA, or a similar degree and at least 10 years of experience working in well-known companies.Latest Jobs in Karachi at Pakistan Reinsurance Company Limited (PRCL) 2024 It is a plus if they have worked in a listed company or a State-Owned Enterprise (SOE).The job requires a good understanding of International Financial Reporting Standards (IFRS 17) and public sector rules. Candidates should have strong analytical and communication skills. They should also know how to use ERP systems and prepare financial reports.
The CFO will need to make sure the company follows the rules set by groups like SECP and PPRA. Candidates should have experience handling audits, taxes, and financial controls. The job includes managing financial planning, budgeting, and performance reporting, and working with auditors. The CFO will lead teams to ensure financial tasks are done on time and that the financial plans match the company’s goals.
The job also needs strong coordination skills to work well with different departments and put business strategies into action to improve the company’s finances.Candidates can apply online through the HRSI portal, where they can find more details about the job and its requirements. Applicants need to fill out forms and upload the required documents. This job is contract-based, with a chance of extension if performance is good.PRCL offers a good salary package and other benefits according to company policy. Applicants should read the terms and conditions carefully before applying. PRCL can make changes to the selection process if needed.
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Pakistan Reinsurance Company Limited (PRCL) Jobs Vacancies
| Job Title | Chief Financial Officer (CFO) at PRCL |
|---|---|
| Requirements | MBA, ACMA, CPA, CA, or similar qualification, with 10+ years of experience |
| Total Positions | 1 |
| Age Limit | Up to 55 years |
| Application Deadline | 5th October 2023 |
| Gender | Open to both male and female candidates |
| Location | Karachi, Pakistan |
| Sector | Public Sector / State-Owned Enterprise (SOE) |
Job Overview
Pakistan Reinsurance Company Limited (PRCL) is hiring for the position of Chief Financial Officer (CFO). This is a senior-level role aimed at experienced professionals who have strong educational backgrounds like an MBA, ACMA, CPA, CA, or equivalent qualification. Candidates must have at least 10 years of relevant post-qualification experience.
The CFO will handle financial management tasks, oversee financial reporting, and ensure all regulatory requirements are met. Familiarity with IFRS 17 and regulations by SECP and PPRA is necessary. The role also involves working within a public sector or listed company environment, ensuring audits and financial strategies comply with industry standards.
Applicants with skills in ERP systems, budgeting, and forecasting are preferred. Strong leadership, analytical abilities, and excellent communication skills are crucial to align the financial strategies with company goals. This position offers a competitive salary package and is based in Karachi. Make sure to apply before the October 2024.
Vacancies name
- Chief Financial Officer (CFO)
| Criteria | Details | Additional Information |
|---|---|---|
| Qualifications | MBA, ACMA, CPA, CA, or similar degree | Must be from a recognized institution |
| Experience | At least 10 years of relevant experience | Ideally in publicly listed companies or SOEs |
| Knowledge | Strong knowledge of IFRS 17 and public governance | Familiarity with SECP and PPRA regulations |
| Skills | Excellent analytical and communication abilities | Must be able to manage ERP systems effectively |
| Age Limit | Up to 55 years | |
| Compliance | Experience in audits, financial control, and taxes | Managing regulatory requirements and audits |
| Leadership | Demonstrated leadership in managing finance teams | Overseeing financial strategies and reporting |
Job Details for Chief Financial Officer (CFO) Position
Location: Karachi
Organization: Pakistan Reinsurance Company Limited (PRCL)
Salary Range: PKR 40,000 to PKR 80,000
Required Skills for the CFO Role:
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills
- Ability to operate and oversee ERP systems
- Leadership and team management skills
- Deep understanding of financial controls, audits, and regulatory compliance
- Knowledge of IFRS 17 and public sector financial standards
- Experience in handling taxes and compliance with regulations
Experience:
- Minimum of 2 years of post-qualification experience (2 years in the same or relevant role).
Contact Information
| Contact Information | Details |
|---|---|
| Website 1 | Visit Website |
| Website 2 | Visit Website |
| Address | Pakistan Reinsurance Company Limited, Karachi, Pakistan |
| Job Location | Karachi, Pakistan |
How to Apply
Follow these steps to apply:
- Go to Pakistan Reinsurance’s Careers Page for details.
- You can also apply directly through HRS International.
- Make sure your application is fully completed and meets the requirements listed in the job description.
- Only those who are shortlisted will be contacted for tests or interviews.
- No travel allowance (TA/DA) will be provided.
- Ensure all documents and information are accurate before submitting your application.
Additionally, review the job details thoroughly to align your qualifications and skills with the position’s needs. Include a well-written cover letter to highlight your relevant experience and explain why you are a good fit for the role. Double-check your resume for any errors and ensure it is up-to-date. Prepare all required documents such as academic transcripts, certifications, and professional references. Submit your application within the deadline to avoid disqualification. Regularly check your email for updates or further instructions from the hiring team after applying.
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FAQs
How can I apply to this company?
You can submit your application online through the official website at https://www.pakre.org.pk/ms/careers.html or via http://jobs.hrs-int.com. Make sure to follow the provided guidelines while filling out the application form.
What is the deadline for the application?
Applications received after the deadline will not be accepted.
Will travel expenses be reimbursed for interview calls?
No, PRCL does not cover any travel or daily allowances (TA/DA) for attending interviews or tests.
How will I be notified if I am shortlisted?
Only those candidates who are shortlisted will be contacted for further assessments or interviews.
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