ENERGY INFRASTRUCTURE DEVELOPMENT AND MANAGEMENT COMPANY (EIDMC)

Employment Opportunity

FOR THE POSITION OF CHIEF INTERNAL AUDITOR, EIDMC

Energy Infrastructure Development and Management Company (EIDMC) is a public sector entity established recently to undertake the execution and management of sustainable energy infrastructure projects across Pakistan. The Company is presently focused on modernizing and strengthening the national power network through innovative solutions, timely execution of projects, and adoption of efficient management practices.

EIDMC is actively looking for the services of a qualified professional, who have an understanding of the power sector as well as relevant expertise for the Positions of Chief Internal Auditor

POSITION PARTICULARS:

Position Title: Chief Internal Auditor

Reports To: Audit and Finance Committee of EIDMC, BoD

Location: Islamabad, Pakistan

KEY RESPONSIBILITIES:

The Chief Internal Auditor (CIA) will lead the internal audit function of EIDMC to ensure effective governance, risk management, and internal control processes. The position is responsible for providing independent and objective assurance to the Board and management regarding the adequacy, efficiency, and effectiveness of internal controls, financial management, operational systems, and regulatory compliance.

Main responsibilities of the position include but not limited to the following:

Develop and implement the Internal Audit Charter and Annual Audit Plan based on risk assessment.

Conduct financial, operational, and compliance audits across all departments and projects.

Assess the adequacy and effectiveness of internal controls, accounting systems, and business processes.

Ensure compliance with SOEs (Governance and Operations) Act, 2023, Companies Act, 2017, and rules/ regulations/ policies/ guidelines made thereunder and other relevant laws.

Report audit findings to the Audit and Finance Committee and follow up on implementation of recommendations.

Detect and report instances of fraud, waste, or misuse of public funds.

Coordinate with external auditors and regulatory bodies to ensure alignment of audit activities.

Promote a culture of integrity, accountability, and continuous improvement within the company.

Develop an effective team of internal auditors who understand and are able to discharge their role and duties.

Undertake special investigations at the directive of the Audit and Finance Committee and Board of Directors.

REQUISITE SKILLS INCLUDE:

Strong knowledge of audit standards, IFRS, and public financial management frameworks.

Expertise in risk-based auditing, forensic auditing, and internal control systems.

Excellent analytical, communication, and report-writing skills.

Integrity, independence, and objectivity in professional judgment.

📌 QUALIFICATIONS, EXPERIENCE & AGE:

The minimum qualifications expected from an Applicant include:

The minimum requirement with respect to experience includes:

The candidate must have at least fifteen years (15) of relevant experience with a minimum of five (05) years of Senior Management level experience in audit and risk management, designing internal control procedures, effective compliance of financial reliability in public / private sector with an understanding of governance, risks and risks controls especially in State-Owned Enterprises or public sector projects.

Age:

Maximum age should not be more than fifty-five (55) years as on closing date.

REMUNERATION & TENURE:

Market based competitive Salary Package

The position will be filled on contract basis, initially for a period of three (3) years from the date of appointment with six (06) months as probation period. The contract is further extendable by the Board subject to satisfactory performance on the basis of performance appraisal/achievement of KPIs.

The contract service shall neither be regularized nor pensionable.

📌 HOW TO APPLY:

Applications will be submitted online through www.power.gov.pk

OTHER CONDITIONS:

The applications must be submitted within Fifteen (15) days from the date of publication of the advertisement.

The application is to be complete in all respects. EIDMC may require further documentation and / or information from the candidate in due course.

Candidates shall be required to produce all original documents at the time of interview.

EIDMC reserves the right to withhold / cancel the entire recruitment process at any stage without assigning any reason.

Only short-listed candidates will be invited for interviews/selection process.

No TA/DA will be admissible for interview/selection process.

Mr. Umer Azmatullah

GM HR & Admin, EIDMC

Room # 2, A-Block, Ground Floor, Pak Secretariat, Islamabad

(051-9209175/9205320)

Apply before deadline.