General Manager (Accounting & Finance) job at PIA

PIA Holding Company Limited (PIAHCL), incorporated by the Government of Pakistan (GOP to systematically manage non-care business segments, subsidiaries, associate, non-operational assets, and restructured legacy liabilities of Pakistan International Airlines corporation Limited (PIACI, is seeking an experienced General Manager for Accounting & Finance to join our executive team. The General Manager for Accounting & Finance will be responsible for leading the financial strategy and direction of the following transaction. Additionally, he / she will be responsible for safeguarding the interests of PIAHCL on ownership and reserve matters, authorized capital investments, guarantees, warranties, and other company performance indicators / KPIS, as well as engaging with investors to achieve business objectives for the sustainability of PIAHCL.

Maximum Age:

 50 Years

Educational qualification:

Chartered Account/ACМА

OR

Chartered Accountant/ACMA

OR

CIMA/ACCA and/or MBA Finance (from a reputable Institute)

Work Experience:

• Minimum 10 years post-qualification experience In case of CA/ACMA
• Minimum 15 years post-qualification experience In case of CIMA/ACCA and/or MBA Finance

Key Competencies:

• Strong Knowledge of financial principles, accounting standards, and regulatory compliance.
• Excellent leadership, communication (written & verbal), and interpersonal skills.
• Ability to think strategically, drive innovation, and manage reframing measures.
• Ability to make decisions in a complex environment and to handle complex financial scenarios.
• Capable in generating financial reports, handling affairs related to banks, treasury management and audit compliance & control.
• Proficiency in financial software and tools (e.g., ERP system, financial planning tools).
• Strong analytical, problem-solving, and decision-making skills.
• Good team player with ability to build and maintain collaborative working relationships.
• Professional individual with strong business ethics & personal integrity.

Job Responsibility:

• Develop and implement Company's Business Plan and financial strategies aligned with the company's overall vision and objectives.
• Lead financial planning, budgeting, forecasting, and financial analysis
• Safeguard the interest of PIAHCL on ownership and reserved matters, authorized capital investments, guarantees,warranties, and other company KPIs.
• Oversee financial reporting, accounting operations, and treasury management.
• Ensure compliance with financial regulations, laws, and internal controls.
• Develop and maintain relationships with banks, investors, and financial institutions.
• Identify and mitigate financial risks, and develop contingency plans.
• Collaborate with senior management to drive business growth and profitability.
• Provide financial guidance and support to various departments.
• Develop and manage the finance team, ensuring their growth and development.
• Develop and maintain the company's financial model, including forecasts for revenue, expenses, and profitability.
• Prepare financial reports and dashboards to support decision-making and provide insights to senior management.
• Prepare annual budget and track performance against budget throughout the year.
• Collaborate with department heads to gather input and align budgetary goals with business objectives.
• Prepare monthly, quarterly, and annual forecasts, identifying trends and highlighting risks and opportunities.
• Oversee day-today accounting operations, Including general ledger, accounts payable, accounts receivable, and payroll.
• Ensure compliance with financial regulations, law, and Internal controls.
• Coordinate audits with external auditors and implement recommendations as needed.
• Develop cash flow projections and identify cost-saving opportunities.
• Collaborate with other departments to understand business objectives and support strategic initiatives.
• Provide financial analysis for new product launches, partnerships, and business expansion.
• Sign cheques, bank transfer orders, letters of credit etc. within a defined framework.
• Prepare financial reports for submission to third parties such as banks, government agencies etc.

Skills / Special Requirements:

• Leadership & Management Skills
• Analytical skills for evaluating financial propositions
• Well-versed in Financial Modeling
• Professional & Dynamic
• Computer Literate

Note:

• Selected candidates will be hired on a two-year contract basis which is (extendable on requirement and / or satisfactory performance).
• Position will be filled purely on a merit basis with a market-driven package, based at Islamabad.
• PIAHCL is an equal opportunity employer. Females are also encouraged to apply.
• No TA/DA will be admissible for test/interview.