Details of Job Advertisement by National refinery limited Karachi 17-Mar-2025

This job was posted on 17-Mar-2025 and has a last application date of 04-Apr-2025.

Chief Financial Officer

About National Refinery Limited (NRL)

National Refinery Limited (NRL) is one of Pakistan's leading and most trusted fuel and lubricant refining companies. We are committed to delivering a diverse range of high-quality petroleum products to meet the nation’s growing energy demands.

Position Overview

We are seeking a dynamic and results-oriented Chief Financial Officer (CFO) to lead and execute our financial strategy, driving growth and ensuring long-term sustainability. The ideal candidate should be a strategic thinker and financial expert, capable of enhancing refinery profitability while spearheading key financial initiatives.

Key Responsibilities

Strategic Financial Leadership

• Develop and implement a comprehensive financial strategy to enhance refinery profitability.
• Lead financial structuring and capital allocation to ensure long-term business sustainability.
• Provide strategic financial insights to the CEO and Board to shape corporate and operational strategies.
• Identify and drive cost-saving and efficiency improvement initiatives across the refinery.

Financial Planning, Analysis, and Capital Management

• Oversee the financial planning process, including budgeting, forecasting, and variance analysis.
• Analyze refinery operations and financial metrics to optimize decision-making.
• Implement robust financial models and assessment tools for key strategic decisions.
• Collaborate on pricing and cost-benefit analysis related to crude procurement, production, and product pricing strategies.
• Manage cash flow, working capital, and treasury functions to ensure financial stability.
• Drive investment decisions aligned with the refinery’s growth objectives.
• Work closely with operations, supply chain, and commercial teams to align financial strategies with business objectives.

Risk Management & Compliance

• Identify financial risks, including market volatility, forex exposure, and commodity pricing risks, and develop mitigation strategies.
• Ensure compliance with financial regulations, industry standards, and corporate governance frameworks.
• Strengthen internal controls, audit mechanisms, and financial reporting standards to enhance transparency and accountability.

Key Qualifications & Experience

• Educational Background: Chartered Accountant (CA), CPA, CFA, or a relevant finance degree.
• Experience: Minimum 20+ years of experience, preferably in refining, oil & gas, process, or manufacturing industries.
• Expertise in:
  • Financial transformations and restructuring.
  • Cost optimization and strategic financial planning.
  • Investment analysis and capital allocation.
  • Risk management and compliance.
• Skills:
  • Strong leadership and people management abilities.
  • Excellent communication, negotiation, and decision-making skills.
  • High level of integrity, business acumen, and strategic thinking.

Compensation & Application Details

We offer a market-competitive remuneration package.

How to Apply:
Interested candidates should email their CVs to talent_connect@nrlpak.com no later than April 4, 2025.

Note: Only shortlisted candidates will be contacted.