Head of Controlling & Treasury Shared Services

Requirements:

- Minimum Qualification: Chartered Accountant (Qualified).

- Experience: 8 - 10 years (post-qualification experience)

Responsibilities:

- To lead the annual financial planning process in close coordination with Group and timely preparation and sharing of major assumptions based on the country and global trends. 

- Drive identification and implementation of cost optimization initiatives across the Pakistan region by leveraging a zero-based budgeting approach for sustainable financial performance.

-Leading, maintaining and safeguarding all financial policies and manuals, ensuring strict adherence to compliance standards and continuous alignment with regulatory requirements.

-To keep abreast of changes in regulations and legislation impacting the business and ensuring compliance with corporate, legal and statutory requirements for better governance.

- Ensure effective financial management and oversight of both operational units and non-revenue-generating functions, driving cost efficiency and resource optimization.

- Ensure timely audit completions, availability of sufficient and timely financing, along with regulatory, legal & statutory compliances to avoid exposures.

- Oversee the complete management and governance of the gratuity fund, ensuring compliance, accurate reporting, and alignment with organizational policies and statutory requirements.

- Leading development and integration of business intelligence reports to enhance effective financial management of the company.

-Oversee and manage all merger and acquisition (M&A) transactions for Midas Safety Pakistan, ensuring accurate financial reporting, compliance, and seamless integration of acquired entities in controlling & treasury related matters.

- To develop external relationships with brokers, insurers and regulators. Analyse market trends and competitive data to negotiate best rates for the companies in Pakistan and ensure adequate coverage of risks. Develop and execute clear strategy for funds management, bank line utilization (with industry-best collateral structure) and banking relationship management for optimal capital, leverage and liquidity management.

- To develop Risk Management mechanism for identifying top risks to the entities operating in Pakistan and working with business finance leads on remedial actions to mitigate them. Ensure robustness of internal controls & related framework. Liaise with internal/external auditors to ensure smooth closure.

- Evaluate New Business Ventures & financial analysis for acquisition purposes. Maintain external relations with OICCI and PREGMA, PHMA, EPZA or other regulatory bodies to leverage these forums for value delivery to the businesses.

- Managing Financial Matters of operating and non-sales generating businesses to ensure their effective financial management. Audit completions, budget preparations, financing etc. along with  regulatory, legal & statutory compliances to avoid exposures.