Chief Financial Officer

The Chief Financial Officer (CFO) acts as a key member of the executive leadership team. The CFO will direct and oversee all financial operations, fund management, risk frameworks, budgeting, and compliance systems of SEDF.

• Oversee the financial structuring, disbursement, and tracking of SEDF’s capital allocations, enterprise grants, and mark-up subsidy programs extended to priority sectors.
• Provide strategic insights to the CEO and the Board regarding long-term financial sustainability, cash flow forecasting, liquidity management, and capital allocation.
• Evaluate the financial viability, risk-return profiles, and business models of large-scale investment proposals and public-private partnership (PPP) ventures submitted to SEDF.
• Ensure strict compliance with the Public Sector Companies (Corporate Governance) Rules, 2013, as well as relevant provisions of the Companies Act, Public Procurement Regulatory Authority (SPPRA) rules, and directives of the Government of Sindh.
• Ensure that financial statements are prepared in accordance with International Financial Reporting Standards (IFRS) as applicable in Pakistan, and statutory requirements.
• Coordinate closely with the internal audit department, external auditors, and the Audit Committee of the Board to resolve observations and ensure sound internal control systems.
• Ensure timely submission of annual reports, quarterly financial statements, and compliance certificates to the Board, Government departments, and regulatory authorities.
• Lead the formulation and implementation of the annual corporate and operational budgets, aligning them with SEDF’s strategic development KPIs.
• Monitor budget utilization variances regularly, instituting corrective measures where necessary to optimize cost efficiencies.
• Establish robust financial controls, accounting policies, and Standard Operating Procedures (SOPs) across all departments.
• Identify, evaluate, and mitigate financial, liquidity, operational, and credit risks associated with fund disbursements and portfolio companies.
• Manage treasury operations, surplus fund placements, and banking relations in line with government-approved investment frameworks for public sector enterprises.