The Lahore Electric Supply Company (LESCO) a State-Owned Enterprise (SOE) is responsible for power distribution and supplies electricity to over 6.4 million valued consumers in areas including Lahore Okara Kasur Sheikhupura and Nankana. LESCO is looking for an experienced dynamic and result-oriented professional to join as Chief Internal Auditor at a senior management level. The position requires someone with the relevant skills and capabilities to handle critical financial and operational audits ensuring compliance with policies and regulatory standards while maintaining an independent appraisal function. The Chief Internal Auditor will lead internal audit programs oversee company functions supervise personnel activities and evaluate financial resources to maintain transparency and efficiency in the organization.
Candidates applying for this role should possess strong business acumen technical expertise and leadership skills. They must be members of a recognized professional accountancy body and have at least ten years of relevant experience in audit risk management and financial governance preferably in State-Owned Enterprises or public sector organizations.Vacancies in Lahore. The ideal applicant should have an in-depth understanding of internal audits financial controls enterprise risk systems and corporate governance to meet IIA standards and ensure effective board interactions. They will be responsible for formulating internal audit programs reviewing operational controls conducting special investigations and liaising with external and commercial auditors to maintain high standards of financial accountability.Vacancies in Lahore.
The position offers a market-based salary package determined by qualifications and experience with an initial contract period of three years subject to performance evaluation. Vacancies in Lahore.Applications must be submitted online through the LESCO website along with necessary documents including a CV copies of degrees and professional registration details. Only shortlisted candidates will be contacted for an interview and all original documents must be presented at that time. The role is purely contractual without pension or long-term benefits and will not be converted into a permanent position. LESCO is an equal opportunity employer and reserves the right to cancel the recruitment process at any stage without assigning any reason.Vacancies in Lahore.
Positions Available
| Position | Number of Vacancies |
|---|---|
| Chief Internal Auditor | 1 |
Vacancies in Lahore.
Perks and Benefits
- Market-based competitive salary package
- Three-year initial contract with the possibility of renewal based on performance
- Opportunity to work at a senior management level in a State-Owned Enterprise
- Professional growth and leadership experience in a regulated financial environment
- Interaction with internal and external auditors for compliance and governance
- Exposure to high-level decision-making and strategic financial planning
- Hands-on experience in overseeing audit functions and financial controls
- Engagement with regulatory authorities and corporate governance bodies
- Dynamic and challenging work environment with a committed team
- Equal opportunity employment with a transparent recruitment process
Lahore Electric Supply Company Jobs Detail
| Jobs Detail | Information |
|---|---|
| Requirements | Member of a recognized professional accountancy body with 10 years of relevant experience |
| Organization | Lahore Electric Supply Company (LESCO) |
| Job Type | Contractual (Three-year initial contract) |
| Sector | Government / State-Owned Enterprise |
| Job Industry | Audit / Financial Management / Risk Management |
| Last Date | 16-02-2025 |
| Benefits | Market-based salary leadership role professional growth regulatory exposure |
| Job Function | Internal auditing financial control compliance risk assessment |
Vacancies in Lahore.
Vacancies offered by Lahore Electric Supply Company
Lahore Electric Supply Company LESCO is a State-Owned Enterprise responsible for power distribution and supplying electricity to more than 6.4 million consumers in the approved geographic territory of Lahore Okara Kasur Sheikhupura and Nankana.Vacancies in Lahore. The company plays a crucial role in ensuring a reliable and efficient electricity supply to both residential and commercial users while maintaining compliance with regulatory standards. LESCO operates under strict governance policies and financial controls to enhance operational efficiency and meet the growing demands of the electricity distribution sector. With a commitment to excellence and service reliability the company continuously strives to improve its infrastructure workforce and customer satisfaction through innovative practices and strategic planning.Vacancies in Lahore.
Key Skill required
The position of Chief Internal Auditor at Lahore Electric Supply Company requires a candidate with a broad knowledge of business processes and a strong technical understanding of financial legal and regulatory compliances within the electricity distribution sector.Vacancies in Lahore. The applicant must possess excellent leadership skills to create a positive and productive work environment ensuring that audit functions are carried out effectively and efficiently. The ability to analyze complex financial data identify risks and implement internal controls is essential in maintaining the integrity and transparency of the organization’s financial operations. Strong decision-making capabilities and problem-solving skills are necessary to evaluate financial resources oversee company functions and ensure adherence to policies and procedures.Vacancies in Lahore.
The ideal candidate should have exceptional communication and interpersonal skills to collaborate with internal teams external auditors and regulatory bodies. The role demands a deep understanding of accounting financial credit and risk-related operations to perform independent appraisals and ensure compliance with industry standards. Vacancies in Lahore.The capacity to develop and implement audit programs conduct special investigations and present findings to the Audit Committee and Board of Directors is crucial. Additionally the candidate must have a keen insight into governance frameworks and be able to provide strategic recommendations for financial improvement. A high level of integrity professionalism and commitment to ethical standards is required to uphold the credibility and accountability of LESCO’s internal audit function.Vacancies in Lahore.
Lahore Electric Supply Company Overview
Lahore Electric Supply Company LESCO is a key player in Pakistan’s power distribution sector operating as a State-Owned Enterprise responsible for delivering electricity to millions of consumers.Vacancies in Lahore. The company serves a vast geographic region that includes Lahore Okara Kasur Sheikhupura and Nankana ensuring a reliable power supply to residential commercial and industrial sectors. As an essential utility provider LESCO is committed to enhancing efficiency transparency and service quality by implementing modern technological solutions and best practices in power distribution.Vacancies in Lahore.
LESCO operates under strict regulatory compliance frameworks ensuring that all financial operational and governance activities align with national policies and industry standards. The company places a strong emphasis on financial accountability and risk management through internal audit functions and strategic oversight.Vacancies in Lahore. By continuously evaluating and improving its operational procedures LESCO aims to provide uninterrupted power supply while addressing infrastructure challenges and adopting sustainable energy solutions. The organization is dedicated to maintaining high standards of service while ensuring customer satisfaction and operational efficiency.Vacancies in Lahore.
With a strong workforce and a focus on continuous development LESCO is committed to fostering an environment of innovation and professional growth. The company encourages leadership initiatives and teamwork among its employees to enhance productivity and deliver optimal services to consumers.Vacancies in Lahore. By maintaining strategic partnerships with regulatory authorities and stakeholders LESCO strives to expand and modernize its distribution network while contributing to the overall economic and industrial growth of the region. Through its structured policies and commitment to excellence the organization plays a vital role in ensuring the stability and advancement of Pakistan’s power sector.Vacancies in Lahore.
The Ideal Candidate Profile
- Completed application form
- Detailed CV with updated career history
- Copy of CNIC and recent photograph
- Copies of degrees and testimonials
- Copy of registration or membership with a professional governing body if applicable
- Detailed separate list of experience along with experience letter or certificate if available
Be Aware of These Issues
- Meeting the strict qualification and experience criteria can be challenging.
- Gathering and organizing all required documents may lead to confusion or delays.
- Ensuring the application is submitted before the deadline can be stressful.
- Failure to include verified references could result in an incomplete application.
- Not following the specified application format might cause rejection.
- Managing both the online and physical submission processes could be complicated.
- Misinterpretation of instructions in the advertisement might create errors in the form.
- Overlooking updates or changes announced by LESCO could lead to missed requirements.
Jobs Responsibility
| No. | Responsibility |
|---|---|
| 1 | Leading and developing an effective internal audit program and ensuring the implementation of risk-based audits throughout LESCO. |
| 2 | Ensuring compliance with relevant regulations standards and best practices. |
| 3 | Evaluating the financial operational and compliance processes of the company. |
| 4 | Recommending improvements for systems procedures and controls. |
| 5 | Reporting significant findings to the Audit Committee or Board and ensuring timely corrective actions. |
| 6 | Coordinating with external auditors and ensuring the timely submission of required information. |
| 7 | Providing guidance training and support to the audit team. |
| 8 | Performing any other tasks assigned by the Audit Committee or Board of Directors. |
Vacancies in Lahore.
Qualifications
| No. | Eligibility Criteria | Details |
|---|---|---|
| 1 | Educational Qualification | Bachelor’s degree in accounting finance business administration or a related field. |
| 2 | Advanced Degrees | A Master’s degree or equivalent is preferred. |
| 3 | Professional Certification | CPA CIA ACCA or other relevant professional certification is desirable. |
| 4 | Work Experience | Minimum 5 years of experience in internal auditing risk management or compliance. |
| 5 | Regulatory Knowledge | In-depth understanding of laws regulations and industry standards relevant to the role. |
| 6 | Analytical Skills | Strong analytical and problem-solving skills to assess complex processes and findings. |
| 7 | Communication Skills | Excellent verbal and written communication abilities for clear reporting and collaboration. |
| 8 | Leadership and Teamwork | Proven ability to lead teams and work effectively with various departments and stakeholders. |
Vacancies in Lahore.
Your Task
- Internal Audit Officer
- Assist in planning and conducting audit engagements.
- Evaluate and analyze internal control systems and risk areas.
- Document audit findings and prepare detailed reports.
- Collaborate with management to recommend corrective actions.
- Monitor compliance with company policies and procedures.
- Conduct special investigations as required.
- Keep updated on changes in regulations and industry best practices.
- Internal Audit Manager
- Develop and implement the overall internal audit strategy.
- Oversee the planning execution and reporting of audit engagements.
- Lead and mentor the internal audit team.
- Review audit reports and communicate key findings to senior management.
- Coordinate with external auditors and regulatory bodies.
- Ensure effective risk management and internal control systems.
- Manage audit resources and budgets efficiently.
- Drive continuous improvement initiatives within the audit function.
Application Deadline
- 16-02-2025
Application Proccess
- Obtain the application form from the official website or designated portal.
- Attach all required documents such as certificates CV and reference letters.
- Review the application to ensure all information is correct and complete.
- Submit the application through the prescribed online or offline method.
- Monitor your email and the official website for confirmation and further instructions.
Common Mistakes to Avoid
- Incomplete or inconsistent information in the application form.
- Typos grammatical errors or unprofessional language.
- A generic cover letter or resume that does not address the specific requirements of the job.
- Missing or incorrect supporting documents.
- Failure to follow the prescribed application guidelines and instructions.
- Submission of outdated or irrelevant information that does not align with the job role.
Experience
- Candidates should have a minimum of 5 years of relevant experience in internal audit risk management or compliance.
- Experience in leading audit teams and managing comprehensive audit projects is highly valued.
- The compensation package includes a competitive base salary reflective of the candidate’s experience and qualifications.
- Additional performance-based incentives may be offered for achieving key milestones and objectives.
- Comprehensive benefits including health insurance retirement plans and professional development opportunities are part of the overall package.
- There is potential for career progression with corresponding adjustments in both responsibilities and compensation.
Contact Us for Clarifications
| Contact Number | Email Address | Website |
|---|---|---|
| 0300-1234567 | hr@lesco.gov.pk | www.lesco.gov.pk |
Vacancies in Lahore.
Office Location
22 A Queens Road Lahore
Frequently Asked Questions
What is the last date to submit the application
The last date to submit the application is 16 02 2025
Where can I find the application form
The application form is available on the LESCO website www.lesco.gov.pk/
Is there any age limit for applying
Yes the age limit is up to 57 years at the time of closing date,
What documents are required with the application
Applicants must submit a detailed CV CNIC copies of degrees testimonials registration membership proof if applicable and experience certificate
Will the position be converted into a permanent job
No the position is purely contractual with no pension benefits or long term benefits
Vacancies in Lahore.