OGRA Finance Member Job August 2024

Major Job Details

Date Posted / Updated:

2024-08-08

Last Date to Apply:

2024-08-23

Skills Required:

Accountant, Budgeting, Corporate Finance, Policy Formulation, Financial Planning, Energy Sector, Tariff Design

Qualifications:

CA, FCMA, MS Finance, MS Accounting

Qualification Levels:

Masters

Recruiting Organization:

OGRA (apply under ad.)

Location (s):

Islamabad

Salary from:

Rs: 500000

Salary to:

Rs: 700000

Job Type:

Contract, Full Time

Career Level:

Experienced

Industry:

energy department, Regulation

No. of Posts:

1

Ad Source:

Newspaper

Details

Vacancy Details

Sr. #TitleNo of PostsPrescribed Eligibility, Educational Qualification, and Experience Criteria
01Member (Finance)1Master’s in Finance/Accounting, CA, FCMA, 20 years of experience in corporate finance, accounting, budgeting, energy sector, policy formulation, financial planning, and tariff design.

How to Apply

Candidates are required to send a set of attested copies of all relevant educational degrees, transcripts, experience certificates, CNIC, and a passport-size photograph to the Cabinet Division, Cabinet Secretariat, Islamabad, within 15 days of the advertisement (August 23, 2024). Government servants should apply through proper channels and are advised to resign or seek retirement before joining the new assignment if selected.

Description

The Government of Pakistan’s Cabinet Division is inviting applications for the position of Member (Finance) in the Oil and Gas Regulatory Authority (OGRA). This is an exceptional opportunity for seasoned professionals in the fields of finance and accounting to contribute to Pakistan’s regulatory framework in the energy sector. The role requires a minimum of 20 years of experience in corporate finance, accounting, budgeting, and policy formulation, with a preference for those with expertise in the energy sector. This position is critical for guiding the financial strategies of OGRA, especially in areas such as tariff design and financial planning in the petroleum sector.

Key Responsibilities:

  • Oversee the financial operations of OGRA, ensuring compliance with regulations and financial best practices.
  • Engage in policy formulation and strategic planning for the energy sector.
  • Develop and implement tariff design and determination policies in the petroleum sector.
  • Lead financial analysis and projections to guide decision-making processes.

Eligibility Criteria:

  • A Master’s degree in Finance or Accounting, or equivalent qualifications such as Chartered Accountant (CA) or Fellow Cost and Management Accountant (FCMA).
  • At least 20 years of relevant experience in the private or public sector, with a strong background in corporate finance and budgeting.

Remuneration:

  • The selected candidate will be entitled to a salary under the MP-I Scale, as per the Finance Division’s rules, which includes various perquisites.

Application Process:
Qualified candidates should submit their applications along with attested copies of their academic degrees, experience certificates, CNIC, and a recent passport-size photograph. Applications must be submitted within 15 days of the advertisement, by August 23, 2024.

This position is a contract role with an initial term of two years, extendable based on performance, with a retirement age of 65 years.

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