IESCO Chief Financial Officer (CFO) Job 2026

Overview

Islamabad Electric Supply Company (IESCO), a major power distribution company in Pakistan serving over 4 million customers across six districts, has announced a senior-level vacancy for Chief Financial Officer (CFO) on a contract basis.

This high-profile role reports directly to the CEO and Board of Directors, focusing on leading finance, treasury, and accounts departments while ensuring compliance with regulatory standards.

The position offers a market-based competitive salary and is ideal for seasoned finance professionals with extensive experience in large organizations.

Applications are submitted online through the official IESCO portal.

Educational Requirements

Candidates must possess professional accounting qualifications:

Membership of a recognized body of professional accountants (e.g., CA, ACCA, ACMA, or equivalent).
Degrees/testimonials must be verified by the Higher Education Commission (HEC) or relevant professional body.
Foreign qualifications require an HEC Equivalence Certificate.

Age Limit

Maximum age: Up to 60 years (as on the date of application or advertisement publication).
No specific minimum age mentioned, but extensive senior-level experience implies mature candidates.

Who Can Apply?

This opportunity is open to:

Pakistani citizens only.
Experienced finance professionals meeting the qualification and experience criteria.
Candidates with proven track records in senior management, preferably in large organizations (assets over 05 billion rupees).
Both internal and external applicants; preference given to those with specific experiences in audits, ERP, internal controls, and procurement.
Government servants must apply through proper channel with NOC.
Equal opportunity employer.

Detailed Table of Information

Category	Details
Position Name	Chief Financial Officer (CFO)
Job Type	Contract Basis (Initial 3 years, extendable)
Tenure & Probation	6-month probation; confirmation after performance review
Salary Package	Market-based competitive (details not disclosed; attractive perks)
Reporting	Directly to CEO and Board of Directors
Location	IESCO Head Office, Islamabad
Key Responsibilities	Financial reporting, treasury management, internal controls, audits
Number of Posts	01

Maximum Age and Residential Requirements

Maximum age limit is up to 60 years. No specific residential or domicile requirement mentioned—open to Pakistani citizens nationwide. Candidates must comply with the Companies Act 2017 and SOE Act 2023 guidelines.

Important Application and Selection Procedure

Visit the official IESCO website (www.iesco.com.pk) to access the application form.
Submit applications online only through the portal.
Upload scanned copies of required documents (CV, CNIC, educational certificates, experience letters, etc.).
Applications must be complete within 15 days from the publication of the advertisement.
Hard copy of the printed online application (numbered and signed) along with documents should be retained for interview.
Only shortlisted candidates will be called for interviews.
No TA/DA admissible for interviews.
Selection based on merit, experience, and interview performance.

Required Documents for Upload/Submission:

Detailed CV with updated career history.
Copies of CNIC, degrees/testimonials (verified).
HEC Equivalence (if foreign qualification).
Attested experience letters from previous employers.
Membership certificate from professional body.

Job Details and Eligibility Criteria

The CFO role involves strategic financial leadership in a leading DISCO with over Rs. 522 billion annual revenue. Key eligibility highlights:

At least 10 years relevant experience, including 3 years in senior management in organizations with assets >05 billion rupees.
Experience with external/internal audits, ERP systems, internal controls (IIA standards), depreciation/inventory management, procurement oversight.
Understanding of Pakistan’s electricity market, tariffs, and regulatory framework.
Proven contribution to financial integrity and system improvements.

District-Wise Information in Table Form

IESCO operates across multiple districts; the CFO position is headquartered in Islamabad but oversees operations region-wide:

District/Region	Covered Areas	Operational Relevance
Islamabad	Federal Capital Territory	Head Office Location
Rawalpindi	Rawalpindi City & Surroundings	Major Customer Base
Attock	Attock District	Distribution Network
Jhelum	Jhelum District	Key Operational Area
Chakwal	Chakwal District	Part of Jurisdiction
Others	Parts of Kashmir (Neelum River areas)	Extended Coverage

Key Points

Senior management role with direct Board interaction.
Preference for experience in power sector, audits, and procurement controls.
Contract extendable based on performance.
Market-competitive salary with additional perks.
Transparent, merit-based selection.

Terms and Conditions

Compliance with Companies Act 2017 and SOE Act 2023 mandatory.
False information leads to disqualification and costs recovery.
IESCO reserves right to withhold/cancel recruitment without reason.
Incomplete/late applications rejected.
Government servants need NOC; selected ones must resign/retire from previous service.
No lien or deputation allowed against the post.
Fair and Proper Criteria undertaking required on non-judicial stamp paper.

Last Date for Application Submission

Applications must be submitted online within 15 days from the date of advertisement publication. As the exact publication date is not specified in the notice, check the official website immediately for the active portal and deadline.

Summary Information

IESCO is seeking a dynamic CFO to drive financial strategy in a leading power distribution company. With at least 10 years of experience (including senior roles), professional accounting membership, and expertise in audits/controls, qualified candidates can apply online. This contract position offers competitive rewards and a chance to impact Pakistan’s energy sector.

Official Website Link for Applying

Apply online exclusively at: https://www.iesco.com.pk
Download forms, upload documents, and follow instructions on the careers/jobs section.

Note/Warning for Complaints and Queries

For queries, contact: Director General (HR), IESCO Head Office, Street-40, Sector G-7/4, Islamabad.
Phone: 051-9252806 | Fax: 051-9253071
Beware of fraudulent agents—no payment required for application. Report any malpractice immediately. The process is free and merit-based.

FAQs

Q: What is the salary for IESCO CFO position?
A: Market-based competitive package (exact figures confidential; attractive with perks).

Q: Is the job open to non-Pakistanis?
A: No, only Pakistani citizens are eligible.

Q: Can I apply offline?
A: No, applications are online only via the IESCO website.

Q: Is there a written test?
A: No; shortlisting followed by interviews for selection.

Q: What if I’m a government employee?
A: Apply through proper channel with NOC; if selected, resign or retire from current service.

Conclusion

The Chief Financial Officer role at IESCO represents a prestigious opportunity for accomplished finance leaders to contribute to Pakistan’s power sector. With rigorous eligibility focused on experience and professionalism, suitable candidates should act quickly to submit online applications. Monitor the official website for updates and ensure all documents are ready for a strong submission.

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