Link: https://findjobpath.com
National Refinery Limited (NRL), a leading petroleum refining company in Pakistan, has recently announced a job opening for the position of Chief Financial Officer (CFO).
Position: Chief Financial Officer (CFO)
Location: Karachi, Pakistan
Application Deadline: April 4, 2025
Key Responsibilities:
- Strategic Financial Leadership:
- Develop and implement financial strategies to enhance refinery profitability.
- Lead financial structuring and capital allocation to ensure long-term sustainability.
- Provide strategic financial insights to the CEO and Board, influencing corporate and operational strategies.
- Identify and drive cost-saving and efficiency initiatives across the refinery.
- Financial Planning, Analysis, and Capital Management:
- Oversee financial planning processes, including budgeting, forecasting, and variance analysis.
- Analyze operational and financial metrics.
- Implement robust financial models to support decision-making.
- Collaborate on pricing and cost-benefit analyses for 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.
- Collaborate with operations, supply chain, and commercial teams to align financial strategies with business goals.
- Risk Management & Compliance:
- Identify financial risks, including market volatility and commodity pricing risks, and develop mitigation strategies.
- Ensure compliance with financial regulations, industry standards, and corporate governance.
- Strengthen internal controls, audit mechanisms, and financial reporting standards.
Key Qualifications & Experience:
- Chartered Accountant (CA), CPA, CFA, or a relevant finance degree.
- Minimum of 20 years of experience, preferably in the refining, oil & gas, process, or manufacturing industries.
- Proven track record in financial transformations, structuring, and cost optimization.
- Excellent communication, negotiation, and leadership skills with strong people management capabilities.
- High level of integrity and decision-making capability.
How to Apply:
Interested candidates should submit their applications online through the NRL website by April 4, 2025. citeturn0search6 Ensure that your application includes a detailed Curriculum Vitae (CV), a passport-size photograph, and documents verifying your date of birth and educational qualifications. Candidates must declare in their CV that no vigilance case, departmental proceedings, or criminal trial was contemplated or pending at the time of their retirement.
For more details and to apply, visit the official NRL website.
Please note that NRL does not solicit payments from candidates for job applications. Be cautious of fraudulent recruiting activities.
Link: http://www.nrlpak.com
News
| NRL Corporate Briefing Session 2024 |
| December 11, 2024: This is to inform that the Corporate Briefing Session of National Refinery Limited will be held on Tuesday, December 17, 2024 at 1030 hours in Pakistan Stock Exchange Limited’s Auditorium, Karachi and also through electronic means. For details please visit the following link: Notices & Declarations |
| Notice of 61st Annual General Meeting |
| September 27, 2024: The Annual General Meeting of National Refinery Limited is scheduled to be held on Monday, October 21, 2024 at 1400 hours at Marriott Hotel, Karachi and also through electronic means. For details please visit the following link Notices & Declarations |
| NRL Corporate Briefing Session 2023 |
| October 16, 2023: This is to inform that the Corporate Briefing Session of National Refinery Limited will be held on Monday, October 23, 2023 at 1600 hours in Marriott Hotel, Karachi and also through electronic means. For details please visit the following link: Notices & Declarations |
| Adoption of Pak-V specification for High Speed Diesel |
| September 28, 2023 : The Company started production and supply of High Speed Diesel (HSD) compliant with Pak-V specifications (based on Euro-V specifications slightly customized for local climate/conditions) as recently notified by the Government. Adoption of Pak-V specifications shall increase the Company’s HSD production by around 5-6%, besides avoiding penalty on production of HSD below Pak-V specifications. |
| Production and Supply of Bunker Fuel |
| September 25, 2023: National Refinery Limited is pleased to announce the production and supply of very low sulphur furnace oil (VLSFO) also known as ‘‘bunker fuel’’ after necessary change in crude mix and adjustments in production process. VLSFO is a premium product and environment friendly fuel compulsory for all sea vessels under International Maritime Organization (IMO) 2020, Regulations. Due to limited availability its demand is stable. The supply of VLSFO shall assist in maintaining sustainable refinery operations independent of seasonal factors. |
| Dividend and other announcements |
| The Board of Directors of the Company, in its meeting held on August 16, 2022, has recommended final cash dividend for the year ended June 30, 2022 at Rs. 15/- per share i.e. 150%. For details please visit the following link: Notices & Declarations |
| Updation of International Bank Account Number (IBAN) |
| In compliance with the SECP’s directions via File No. CL/CSD/Misc/2014-30 dated March 19, 2021 shareholders are once again requested to provide their bank account details immediately. For details please visit the following link: Notices & Declarations |
| Conversion of Physical Shares into Book-Entry-Form |
| In light of the above, the Securities and Exchange Commission of Pakistan vide its File No. CSD/ED/Misc./2016-639-640 dated March 26, 2021 has advised all the listed companies to pursue their shareholders who still hold shares in physical form, requiring them to convert their shares in Book-Entry-Form. In compliance of the above, all shareholders holding physical shares of the Company are requested to convert them in Book Entry Form at the earliest. For details please visit the following link: Notices & Declarations |
| Production and Supply of Euro-V High Speed Diesel (HSD) |
| Effective January 01, 2021 NRL has started to supply HSD compliant with Euro-V specifications, as provided by the Ministry of Energy (Petroleum Division), from its DHDS upgradation plants which were commissioned in June 2017. |
| TRANSFER OF SHARE REGISTRAR / TRANSFER AGENT SERVICES |
| The Company has executed a Novation Agreement whereby the share registrar services has been transferred from Central Depository Company of Pakistan Limited (CDCPL) to CDC Share Registrar Services Limited (CDCSRSL), which is a wholly owned subsidiary of CDCPL, with effect from July 1, 2019. |
