Jobs in Lahore…The role of Chief Internal Auditor at Lahore Electric Supply Company (LESCO) is a senior management position designed to oversee and guarantee the accuracy of the business’s financial documentation. The individual in this role is responsible for reporting directly to the Audit Committee and is held accountable to the Board of Directors. The primary focus is on maintaining an independent and impartial audit function while evaluating the company’s financial operational and control systems. The Chief Internal Auditor must be an individual who upholds the highest standards of financial reporting while ensuring that the company’s assets and financial transactions are well-audited.
In this role the Chief Internal Auditor must evaluate the accuracy of financial statements ensure the proper management of financial data and assess risk control measures within the organization. This person is expected to implement programs that highlight areas of improvement within the financial operations and internal controls of LESCO. They must also work closely with the management team to identify discrepancies and inefficiencies while providing practical solutions to enhance operations. Additionally they are required to oversee the audit team and review their work ensuring that audits are conducted in accordance with legal and regulatory standards.
The Chief Internal Auditor will also collaborate with external auditors and various departments within the company to ensure the smooth flow of information and transparency in financial reporting. They are tasked with identifying weaknesses in internal control systems proposing recommendations and advising the board on key financial issues. The individual must have a strong understanding of both local and international accounting standards and must be capable of overseeing large-scale audits across all departments of the organization. By keeping track of the company’s financial health the Chief Internal Auditor plays a critical role in guiding the company’s long-term financial strategies.
This position requires a minimum of 15 years of relevant experience with at least 5 years in a senior audit role within a large organization. The Chief Internal Auditor is expected to have a thorough understanding of GAAP standards and international audit procedures. As a leader they must create an environment of accountability and trust throughout the organization. Their key responsibility is to ensure that the company’s financial practices comply with legal regulations and company policies while enhancing the overall effectiveness of its financial management systems.
LESCO Job Vacancies
| Job Details | Requirements |
|---|---|
| Date Posted | 07 January 2025 |
| Organization | Lahore Electric Supply Company (LESCO) |
| Job Industry | Electricity Distribution |
| Last Date | 22 January 2025 |
| Experience | Minimum 15 years in relevant field |
| Working Hours | Full Time |
| Benefits | Market-based salary package and others |
| Sector | Public |
Jobs in Lahore
Eligibility Criteria
| Eligibility Criteria | Requirements |
|---|---|
| Professional Qualification | Member of recognized professional accounting bodies like CA CPA ACCA CIMA MBA Finance from a recognized local or international university |
| Post Qualification Experience | Minimum 15 years post qualification experience with at least 5 years in a senior-level position in a large organization |
| Knowledge of GAAP and International Audit Standards | Required in both national and international levels |
| ERP Systems and Controls | In-depth understanding required |
| Experience in Senior Management and Board Interactions | Required |
| Leadership and Judgment | Strong business acumen and ability to lead |
| Age Limit | Up to 57 years at the time of closing date of advertisement |
Key Skills Required
- Strong leadership and management skills
- Expertise in financial audit processes
- In-depth understanding of GAAP and international audit standards
- Excellent analytical and critical thinking abilities
- Proficient in ERP systems and controls
- Strong business acumen and judgment
- Proficiency in communicating with board members and senior management
- Ability to manage and mentor audit teams
- Expertise in evaluating and appraising financial operations
Experience Level
- 15 years
Job Location
- Lahore
Salary
- 60k-150k
Important Links
Company Overview
The Lahore Electric Supply Company LESCO is a state-owned enterprise responsible for the distribution of electricity to over 6.62 million valued customers across various regions including Lahore Okara Kasur Sheikhupura and Nankana. LESCO is committed to providing reliable and efficient power distribution services to its large customer base within the approved geographic territories. As a key player in the energy sector of Pakistan LESCO plays a vital role in ensuring the uninterrupted supply of electricity to households businesses and industries in its operational areas. The company continuously strives to improve its infrastructure operational efficiency and customer service through the adoption of modern technologies and the implementation of best practices in power distribution.
As a state-owned enterprise LESCO follows the standards set by regulatory bodies and is committed to fulfilling its obligations toward sustainable development and energy conservation. Through its experienced workforce and management team LESCO ensures that the growing energy demands of the region are met effectively while also maintaining high standards of service reliability and environmental responsibility.
Perks and Benefits
Working with Lahore Electric Supply Company LESCO comes with a wide range of job benefits that cater to the professional growth and well-being of its employees. LESCO offers a market-based competitive salary package that aligns with the qualifications and experience of the candidate ensuring that employees are compensated fairly for their contributions. Additionally employees are provided with a secure working environment and access to numerous opportunities for career development within the energy sector which allows them to grow both professionally and personally. LESCO’s organizational culture promotes collaboration and innovation making it an ideal workplace for individuals who are committed to making a positive impact in the energy distribution industry.
The company also ensures that employees receive support and guidance from senior management creating a space where ideas and feedback are valued and encouraged. In addition to competitive salaries LESCO offers a variety of other benefits that support the overall well-being of its employees. These benefits include access to healthcare services which ensure that the health needs of employees and their families are well taken care of. Employees are also given the opportunity to participate in various training programs and workshops which help them enhance their skill sets and keep up with industry trends.
LESCO’s commitment to work-life balance means employees are provided with flexible working hours and the ability to engage in professional development while also attending to personal responsibilities. Furthermore as a state-owned enterprise LESCO provides long-term job security and stability offering employees peace of mind about their future in the company. These benefits make LESCO a desirable employer for individuals looking to establish a long-lasting and rewarding career in the power distribution industry.
Job Type
- Contract
Contact Information
| Contact Information | Details |
|---|---|
| Website URL | www.lesco.gov.pk |
| hr@lesco.gov.pk | |
| Address | 22-A Queens Road Lahore Punjab |
| Phone Number | 042-99204811 |
Required Documents
- Updated CV with career history
- Copy of CNIC and recent passport-size photograph
- Copies of degree and testimonial documents that have been properly validated by the Higher Education Commission (HEC) or an appropriate professional organization
- Attested copy of registration/membership with the Professional Governing Body if applicable
- Attested copies of academic qualifications for equivalence certificate if applicable
- Detailed experience letter/certificate including relevant expertise
- Foreign academic qualifications verified by HEC Equivalence Certificate if applicable
Application Process
- The application forms are available for download on the LESCO website.
- Submit your completed application either online through the website or via courier to the specified address.
- Submit your application by 22 January 2025.
- Only those who have been shortlisted will be invited for an interview. Be prepared to present original documents during this stage.
- Incomplete applications or those without the required documents will not be considered.
- Candidates working in government or semi-government organizations must apply through proper channels and provide a NOC (No Objection Certificate) from their employer.
Frequently Asked Questions (FAQs)
How can I find out if my application was accepted?
You may confirm the receipt of your application by contacting the provided helpline or email address.
What is the reporting structure for this role?
The Chief Internal Auditor reports to the Audit Committee and is accountable to the Board of Directors.
What are the Chief Internal Auditor’s primary duties?
Responsibilities include evaluating financial and operational controls ensuring effective management implementing internal audit programs and ensuring compliance with policies and regulations.
Is there an age limit for this position?
Applicants must be at least 57 years old.
What is the selection process for this role?
The selection process involves an initial application review followed by interviews for shortlisted candidates. Successful candidates will be appointed based on merit and qualifications.
Jobs in Lahore.Jobs in Lahore.Jobs in Lahore.Jobs in Lahore.Jobs in Lahore.Jobs in Lahore.Jobs in Lahore.Jobs in Lahore.Jobs in Lahore.Jobs in Lahore.Jobs in Lahore.Jobs in Lahore.