Published in Jang

Date: 14-05-2025 

Last date to Apply: 25-05-2025

PIA Holding Company Limited (PIAHCL), a public limited company incorporated under the laws of Pakistan and listed at Pakistan Stock Exchange (PSX), serves as the holding company for Pakistan International Airlines Corporation Limited (PIACL), PIA Investments Limited, Skyrooms (Private) Limited, and Sabre Travel Network Pakistan (Private) Limited. Pursuant to the Scheme of Arrangement (SOA) sanctioned by the Securities and Exchange Commission of Pakistan (SECP) in May 2024, non-core assets and liabilities of Pakistan International Airlines Corp Ltd (PIACL) were transferred to PIAHCL. We are developing a team of experienced and dynamic professionals to drive value and efficiency within our Accounting & Finance and Portfolio Management & Coordination departments. Applications are invited from professionals for the following four (04) positions:

GM/DGM (Portfolio Management & Coordination)

Maximum Age: 57 years

Qualification:

MBA/Master’s degree in Management Sciences, Economics, Finance, Accounting, etc. from a reputable institute duly recognized by HEC.

Experience:

Minimum 18 years (for General Manager) and 15 years (for DGM) with:
Progressive experience in asset management, like real estate.
Experience in efficient & effective coordination with ministries, and government entities
Preference will be given to candidates with strong knowledge and experience in PPRA-compliant procurement and experience in a commercial/public sector organisation.
Preference will be given to candidates having work experience of respective positions in a similar-sized, nature, and complexity of the business.


Key Competencies:

Strong understanding and experience of asset valuation techniques, maintenance planning, tenancy laws, and PPRA regulations.
Proven track record of developing and implementing successful asset management strategies.
Strong analytical, communication, and leadership skills.
Ability to thrive in a fast-paced and dynamic environment.


Key Responsibilities:

Develop comprehensive asset management strategies for a portfolio of the company’s real estate properties, including opportunities for growth, diversification, acquisition and disposal of properties for Board/Management’s insight and decision and execute.
Look after the performance of the entire portfolio, ensuring optimal return and value appreciation.
Monitor real estate market trends, related indicators and regulatory changes to proactively identify potential risks and opportunities for reporting to the Board/Management.
Conduct an in-depth analysis and prepare a divestment plan based on market conditions.
Manage all aspects of rental arrangements, including lease negotiation, tenant management, and ensuring compliance with relevant regulations.
Develop and implement efficient processes for property management, documentation, and government interaction.
Maintain a close liaison with the relevant government authorities/functionaries/aviation partners for the routine acquisition of funds for onward paying off pension liabilities.
Liaison & management of the medical facility for payment and/or reconciliation of medical expenses to the facility provider or managing medical coverage through the insurance company whatever the arrangement may be.
Preparation and submission of necessary documentation to government bodies, ensuring timely approvals and compliance.
Act as the primary point of contact concerning the company's affairs with the ministries, government agencies, Pakistan Stock Exchange, and all other relevant stakeholders.
Coordination with key stakeholders, government ministries, allied departments, regulatory authorities, and associated partners to facilitate approvals.
Provide executive role in coordinating internal functions and external stakeholders to implement the company’s restructuring, divestment, and privatization roadmap.
Track and ensure adherence to all relevant government regulations and reporting requirements.
Collaborate with internal teams (legal, finance, etc.) to ensure smooth and compliant asset management practices.
Conduct regular overviews and provide insightful reports to the board/management.

GM/DGM (Accounting & Finance)

Maximum Age: 50 years

Educational Qualification:

Chartered Accountant/ ACMA or equivalent

OR

CIMA/ACCA and/or MBA Finance from a reputable institute


Work Experience:

Minimum 15 years post-qualification experience with CA/ACMA and 18 years for CIMA/ACCA/MBA (for General Manager)
Minimum 12 years post-qualification Experience for CA/ACMA and 15 years for CIMA/ACCA/MBA (for Dy. General Manager)
Preference will be given to candidates with experience in the consolidation of accounts, working with listed entities /companies, state-owned enterprises (SOEs), and managing group subsidiaries.
Preference will be given to candidates holding experience of companies/entities of similar size, scale and complexity.


Key Competencies:

Strong knowledge of financial principles, accounting standards, SOE Act, SECP regulations and other regulatory compliances.
Excellent communication (written & verbal), interpersonal, analytical, and problem-solving skills.
Capable in generating financial reports, treasury management and audit compliance.
Experience in accounting software and tools (e.g., ERP systems).
Good team player with ability to build and maintain collaborative relationships.
Professional individual with strong business ethics & personal integrity.


Job Responsibilities:

Financial planning, budgeting, forecasting, and financial analysis.
Preparation of both stand-alone & consolidated accounts of the company/group.
Financial reporting, accounting operations, and treasury management.
Ensure compliance with financial regulations, laws, and internal controls.
Collaborate with senior management to drive business growth and profitability.
Develop and manage the finance team, ensuring their growth and development.
Develop and maintain the company's financial model, including forecasts for revenue, expenses, and debt management.
Prepare financial reports and dashboards to support decision-making and provide insights to senior management.
Prepare monthly, quarterly, and annual forecasts, identifying trends and highlighting risks and opportunities.
Coordinate audits with external auditors and implement recommendations as needed.
Provide financial analysis for new product launches, partnerships, and business expansion.
Ensure compliance with the applicable regulatory laws/bodies i.e. SECP, PSX, SOE Act and other applicable regulatory laws.
Sign cheques, bank transfer orders, letters of credit etc., within a defined framework.

Manager/Assistant Manager (Portfolio Management & Coordination) 

Qualification:

MBA/Master’s degree in Management Sciences, Economics, Finance, Accounting etc. from a reputable institute duly recognized by HEC.

Work Experience:

Minimum 12 years (for Manager) and 5 years (for Assistant Manager) with:
Progressive experience in asset management, like real estate.
Experience in effective coordination with ministries and government entities
Preference will be given to candidates with strong knowledge and experience in PPRA-compliant procurement and experience in a commercial/public sector organization of similar size, scale and complexity.


Maximum Age: 45 years

Key Competencies:

Strong understanding of asset valuation methodologies, maintenance planning, tenancy laws, and PPRA regulations.
Proven track record of developing and implementing successful asset management strategies.
Strong analytical, communication, and leadership skills.
Ability to thrive in a fast-paced and dynamic environment.


Key Responsibilities:

Implementation of policies and procedures for efficient asset management
Facilitate effective management of the performance of the entire portfolio, ensuring optimal return and value appreciation.
Support conducting an in-depth analysis and prepare a divestment plan based on market conditions.
Monitor market trends, economic indicators, and regulatory changes to proactively identify potential risks and opportunities for growth, diversification, acquisition, and disposal, while safeguarding the company’s interests for reporting to management.
Effective & efficient management of the divisional budget.
Assist GM/DGM in negotiation and management of rental/lease agreements, fostering value through effective tenant relationships.
Ensure implementation of efficient processes for property management, documentation, and government interaction.
Support GM/DGM in maintaining liaison with the government authorities and functionaries for the acquisition of funds & disbursement of pension, and administration of medical facility or insurance coverage mechanism.
Assist GM/DGM in the preparation of necessary documentation to government bodies, ensuring timely approvals and compliance.
Effectively coordinate with internal teams (legal, finance, etc.) to ensure smooth and compliant asset management practices.
Facilitate GM/DGM in timely and effective coordination with the ministries, government agencies, Pakistan Stock Exchange, and all other relevant stakeholders for approvals and compliance.
Preparation of reports for regular overview and insight for the management.

Manager/Assistant Manager( Accounting & Finance)

Qualification:

Chartered Accountant/CA (Finalist)/CA (inter)/ ACMA or equivalent

OR

CIMA/ACCA and/or MBA Finance from a reputable institute

Work Experience:

Minimum 10 years post-qualification experience with CA/ACMA and 12 years for CA (finalist)/CA (inter)/CIMA/CCA/MBA (for Manager)
Minimum 5 years post-qualification Experience for CA/ACMA and 8 years for CA (finalist)/CA (inter)/CIMA/ACCA/MBA (for Assistant Manager)
Preference will be given to candidates with experience in the consolidation of accounts, working with listed entities /companies, state-owned enterprises (SOEs), and managing group subsidiaries.
Preference will be given to candidates holding experience of companies/entities of similar size, scale and complexity.


Maximum Age: 45 years

Key Competencies:

Strong understanding of financial reporting, budgeting, and forecasting.
Proficient in financial software and Microsoft Office Suite.
Excellent analytical and communication skills.
Ability to work collaboratively across teams and manage multiple projects.


Key Responsibilities:

Assist in the preparation of budget, financial forecasts, and financial analysis for management’s insight and decision.
Support the preparation of both stand-alone & consolidated accounts of the company/group.
Facilitate the development of financial reports, execution of accounting operations, and treasury management.
Ensure compliance with financial regulations, laws, and internal controls.
Prepare and analyze financial reports, budgets, and cash flow statements.
Monitor and ensure compliance with financial regulations and standards.
Collaborate with senior management to define financial strategies and optimize performance.
Identify opportunities for cost reduction and efficiency improvements.
Facilitate audits and liaise with internal & external auditors and regulatory bodies.
Provide financial guidance and support to departments across the organization.


Reporting Relationship:

Reporting to General Manager / Deputy General Manager, Accounting and Finance.

For further details regarding minimum criteria for age, educational qualifications, relevant experience, and job requirements, please visit the company's website using the following link https://piahcl.com.pk/careers.html General Conditions:

The above positions are Islamabad-based on a performance-based, KPI-driven three-year contract, with the possibility of extension based on performance and organizational needs.

All appointments will be made on merit, offering a competitive market-driven package.

Shortlisted candidates will have to submit a prescribed "Declaration" in this regard on non-judicial stamp paper as and when required.

No TA/DA will be provided for the interviews.

Preference will be given to candidates having work experience in a similar-sized, nature, and complexity of the business.

How to Apply:

If you meet the criteria and are eager to contribute your expertise, please submit your detailed resume, cover letter, copies of academic and professional credentials, and CNIC to careers@piahcl.com.pk latest by 25th May, 2025.

PIA Holding Company is an equal opportunity employer and values diversity in its workplace.


PIA Holding Company Limited (PIAHCL) Jobs May 2025
PIA Holding Company Limited (PIAHCL) Jobs May 2025


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