A reputable company committed to empowering investors through informed decision-making and maintaining the highest standards of integrity, transparency, and compliance is seeking a Head of Finance. This leadership role involves managing all aspects of financial operations, ensuring strict regulatory compliance, and driving strategic financial planning to support the company’s growth and operational excellence within a fast-paced capital markets environment.
Key Responsibilities
Financial Management & Reporting: Oversee the preparation and review of monthly, quarterly, and annual financial statements in compliance with IFRS and regulatory bodies including SECP, PSX, CDC, and NCCPL. Manage the general ledger, reconciliations, trial balances, and financial closing activities. Monitor brokerage revenues, capital adequacy, exposures, and operational expenses. Lead coordination of annual audits and serve as the main point of contact for external auditors.
Treasury & Fund Management: Manage daily bank balances, client fund segregation, and liquidity requirements. Supervise payment processing, settlements, and fund transfers while ensuring compliance with client asset protection regulations. Conduct cash flow forecasting and treasury planning to maintain optimal liquidity levels.
Regulatory Compliance Support: Ensure timely submission of financial reports to regulators and assist the compliance team with capital market reporting. Monitor net capital balances and exposure limits, maintaining thorough documentation to support regulatory inspections and audits.
Budgeting & Strategic Planning: Develop annual budgets and financial forecasts. Analyze profitability across trading, brokerage, and investment operations. Prepare management dashboards and financial MIS reports to aid senior management in strategic decision-making and operational planning.
Internal Controls & Risk Management: Establish and maintain strong financial controls and approval workflows. Identify operational and financial risks related to brokerage activities and enhance accounting systems, SOPs, and reporting automation. Safeguard the confidentiality and integrity of financial data.
Team Leadership: Lead and mentor the finance and accounts team while collaborating closely with operations, compliance, IT, and dealing departments. Promote a culture of accuracy, discipline, and accountability throughout the finance function.
Required Qualifications
Candidates must have extensive experience in financial reporting, accounting, and audit management, with a thorough understanding of SECP, PSX, NCCPL, and CDC regulations. Proven expertise in brokerage operations, treasury management, and client fund segregation is essential. Strong skills in reconciliations, settlements, liquidity monitoring, advanced Excel, MIS reporting, financial analysis, and process automation are required. The role demands proficiency in internal controls, risk management, regulatory reporting, and audit coordination. Candidates should possess strategic financial planning, budgeting, and operational cost management capabilities. Leadership experience with team management and cross-department collaboration is necessary. Attention to detail, analytical problem-solving skills, and the ability to perform under pressure in a dynamic capital markets setting are critical. Excellent communication, organizational, and decision-making skills, combined with high integrity, professionalism, confidentiality, and an ownership mindset, are mandatory.
Preferred Qualifications and Benefits
Professional certifications such as CA, ACCA, ICMA, or CFA (minimum Level 1, with Level 2 preferred) are highly desirable. Preference will be given to candidates with experience in brokerage houses, banks, financial institutions, or capital market environments.
The position requires a minimum of five years of relevant experience and is based in Karachi. This in-person role offers a competitive monthly salary range of Rs. 200,000 to Rs. 300,000, presenting an excellent opportunity to contribute to a respected organization dedicated to financial excellence and regulatory compliance.