The Lahore Electric Supply Company (LESCO), a state-owned enterprise providing electricity to over 6.62 million consumers in Lahore, Okara, Kasur, Sheikhupura, and Nankana, is seeking a highly experienced and result-oriented professional for the position of Chief Internal Auditor. This senior management role is an excellent opportunity for qualified individuals to join a dynamic organization committed to operational texcellence.
Date Posted | 05-02-2025 |
Hiring Organization | Lahore Electric Suppy Company |
Jobs Location | Lahore |
Valid Through (Last Date) | 16-02-2025 |
Newspaper | Express/Dawn/The News |
Employment Type | Full Time |
Key Responsibilities and Skills:
The Chief Internal Auditor will play a critical role in ensuring transparency, compliance, and efficient management of financial resources within the company. Key responsibilities include:
- Internal Audit Leadership:
- Serve as the head of the internal audit function and report directly to the Audit Committee.
- Ensure unrestricted access to financial records and uphold their sanctity.
- Evaluation and Compliance:
- Independently evaluate accounting, financial, and operational activities.
- Formulate audit programs and ensure compliance with company policies, procedures, and regulatory standards.
- Operational Oversight:
- Conduct reviews of personnel policies and oversee compliance in administrative practices.
- Undertake special investigations as directed by the Audit Committee or Board of Directors.
- Team Development:
- Build and lead a team of competent subordinates capable of fulfilling their roles effectively.
- Collaboration:
- Liaise with external and commercial auditors, ensuring seamless coordination.
- Technical Expertise:
- Possess a strong understanding of business processes, financial management, and regulatory compliance.
- Demonstrate expertise in ERP environments, risk management, and internal controls.
- Strategic Insight:
- Provide actionable recommendations for efficient management of company resources.
Qualifications and Experience:
To qualify for this position, candidates must meet the following criteria:
- Educational Requirements:
- Membership in a recognized body of professional accountants.
- Relevant Experience:
- At least 10 years of experience in audit and risk management, with expertise in designing internal control procedures and ensuring compliance.
- Familiarity with governance, risk, and control frameworks in state-owned enterprises or public-sector projects.
- Skills and Competencies:
- Strong business acumen and judgment.
- Comprehensive knowledge of International Auditing Standards (IA Standards).
Age Limit:
- Applicants must be under 57 years at the time of the application closing date.
Compensation and Contract Period:
- A market-competitive salary will be offered based on qualifications and experience.
- The initial contract will span three years, extendable upon satisfactory performance. Annual performance evaluations will be conducted by the Board of Directors.
How to Apply:
- Application Form:
- Forms are available on the LESCO website (www.lesco.gov.pk).
- Applications must be submitted online or via courier.
- Required Documents:
- Updated CV with a recent photograph.
- Copies of CNIC, educational certificates, and degrees.
- Proof of registration/membership with professional bodies (if applicable).
- Experience letters and references.
- Submission Deadline:
- Applications must reach by February 16, 2025.
- Late or incomplete submissions will not be accepted.
Important Notes:
- Shortlisted candidates will be called for interviews, where original documents must be presented.
- Applicants working in government or semi-government organizations must apply through proper channels and provide a No Objection Certificate (NOC) from their current employer.
- This is a contractual position and does not offer pension or other permanent employment benefits.
- LESCO reserves the right to cancel the recruitment process without assigning any reason.
Contact Information:
- Human Resource Directorate
Lahore Electric Supply Company (LESCO)
22-A Queens Road, Lahore.
Phone: 042-99204811
This challenging role is ideal for experienced professionals passionate about driving excellence in internal auditing and financial governance. Interested candidates are encouraged to apply before the deadline and seize this opportunity to contribute to one of Pakistan’s premier electric supply
