MEPCO Chief Internal Auditor Job in Multan

Multan Electric Power Company Limited (MEPCO) invites applications from results-driven and visionary legal executives for the position of Chief Internal Auditor at its headquarters in Multan. MEPCO is a public-sector power distribution company serving more than 9.07 million consumers, employing over 15,000 people and operating across 15 districts in South Punjab.

Qualifications and experience

• Membership of a recognized body of professional accountants, with a qualification of CA, CPA, ACMA, ACCA or MBA (Finance) from a reputed local or international university or institute recognized by the Higher Education Commission.
• At least 15 years of relevant experience, including five years in a leadership role involving auditing and risk management, designing internal control procedures and ensuring compliance of financial reliability in the public or private sector. Applicants must understand governance, risk and risk controls, especially in SOEs or public-sector projects.
• Excellent verbal and written communication skills.
• Maximum age: 62 years on the closing date. No age relaxation will be granted under any circumstances.

Responsibilities

• Provide independent assurance to the Board and Audit Committee on the effectiveness of MEPCO’s governance, risk management and internal control systems, ensuring transparency and accountability.
• Develop and execute a risk-based annual audit plan covering high-risk financial, operational, administrative and regulatory areas in accordance with the Board-approved audit strategy and professional standards.
• Evaluate compliance with applicable laws and regulations, particularly the SOE Act, 2023, Companies Act, 2017, SECP regulations and other statutory and governance requirements, and report identified non-compliances.
• Assess internal controls and fraud-risk management mechanisms, identify control weaknesses and systemic deficiencies, and recommend appropriate corrective and preventive measures.
• Ensure timely issuance and follow-up of audit reports, monitor implementation of audit recommendations and assess their financial, operational and procedural impact.
• Coordinate with DG (Audit), DAC, PAC and relevant authorities for reconciliation, compliance and timely settlement of audit observations, inspection reports, audit paragraphs and draft audit paragraphs, in coordination with concerned formations.
• Lead digital transformation of internal audit through data analytics, audit automation, risk-monitoring tools and digital dashboards to enhance audit coverage, efficiency and internal control monitoring.
• Provide strategic leadership to the Internal Audit function through team capacity building, continuous professional development, and promotion of integrity and accountability.

Remuneration and employment terms

• Market-based competitive salary of Rs. 1 million to Rs. 1.499 million per month, negotiable according to experience and qualifications.
• Additional benefits, allowances and facilities under the company’s policy for C-level executives.
• Annual performance appraisal by the MEPCO Board of Directors.
• The position is purely contractual and non-pensionable, carries no long-term benefit and will not be converted into a permanent position at any stage.

Application procedure

Apply online at https://mepco-jobs.pitc.com.pk and send a hard copy of the application to the address below with the following documents:

• A detailed CV highlighting achievements.
• Attested copies of educational and professional documents.
• Two recent passport-size photographs.
• Two references, preferably from previous supervisors.
• Affidavits and declarations required under the application instructions.

Applications must reach within 15 days of publication of this advertisement. Incomplete or late applications will not be entertained. Only shortlisted candidates will be contacted. No TA/DA is admissible for interviews.

General conditions and disqualifications

1. The candidate must not have been dismissed, removed or compulsorily retired from any public or private service.
2. Candidates having a criminal record, involved in financial fraud or misconduct, or declared wilful defaulters by any financial institution will be disqualified.
3. Candidates must submit an affidavit on non-judicial stamp paper worth Rs. 100 affirming the absence of a conflict of interest, non-involvement in FIA or NAB cases, and that they have not been convicted by a court of law. The affidavit must also affirm non-dismissal or termination from service and non-political affiliation.
4. A declaration of compliance with the Fit and Proper Criteria under the relevant provision of Schedule IV of the SOE (Governance and Operations) Act, 2023 and Companies Act, 2017, as per Step-7(i) of CMU Guidelines, is mandatory. The selected candidate must provide this declaration on non-judicial stamp paper worth Rs. 100 according to the specimen available on the portal.
5. A Police Verification Certificate must accompany the application.
6. The candidate must be a Pakistani citizen.
7. HEC equivalence is mandatory for foreign degrees.
8. Government, semi-government and autonomous-body employees must apply through the proper channel with an NOC issued by their department on its letterhead. The NOC will also be required on the interview day.
9. Candidates must produce all original documents at the interview.
10. Applications are submitted at the applicant’s own risk and cost. Information found bogus at any stage, during induction or later in service, will result in termination of candidature or employment.
11. No lien is admissible. A selected government employee must resign from service or proceed on retirement, as applicable, before joining the position.
12. Upon selection, the candidate must submit an affidavit at joining declaring non-involvement in any other relevant business or job that may create a conflict of interest.
13. Appointment is subject to fulfilment of all codal, legal and administrative formalities.
14. If false or forged information concerning past service records, testimonials or other application particulars is discovered, MEPCO may disqualify the candidate at any stage and recover the costs incurred from the applicant.
15. MEPCO reserves the right to quash or cancel the recruitment process at any stage without assigning a reason.

Application address and contact: Chief (Human Resource & Career Planning) Officer, MEPCO Headquarters, Khanewal Road, Multan. Phone: 061-9220267.