Qureos Mentor

PARCO - Pak-Arab Refinery Limited

<div>
 
 Pak-Arab Refinery Limited (PARCO), an integrated energy conglomerate, is a Joint Venture between Pakistan and Emirate of Abu Dhabi. PARCO owns and operates Pakistan&rsquo;s most modern refinery, over 2,000 kms of pipeline network, strategic storage facilities and marketing operations. The Company has Joint Ventures with renowned international companies and is continually following an aggressive growth strategy with planned expansions, acquisitions and penetration into new markets.
 
 
 
 
 
 PARCO is seeking applications for the following position at its Corporate Headquarters, Karachi:
 
 
 
 
 
 
 Qualification &amp; Competencies:
 
 
 <ul>
 <li>
 CA/ACCA/ICMA/CIMA/CFA/MBA (Finance) or equivalent.
 </li>
 <li>
 Sound understanding of ERP software, preferably SAP.
 </li>
 <li>
 Excellent analytical, report writing and presentation skills.
 </li>
 </ul>
 
 
 
 
 
 Experience:
 
 
 <ul>
 <li>
 Minimum 5 years of Post-qualification experience (preferably Risk/Compliance/Finance related experience).
 </li>
 <li>
 Oil and Gas industry/experience with big local company would be an added advantage.
 </li>
 </ul>
 
 
 
 
 
 Responsibilities:
 
 
 <ul>
 <li>
 Assist R&amp;C leadership in implementation of ERM framework &amp; related guidelines including providing all necessary support to Risk owners in their Risk management process.
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 <li>
 Identify &amp; monitor strategic, business, financial &amp; project related risks of the company and quantify impact of risks on company&rsquo;s business objectives.
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 <li>
 Ensure mechanism in place to for timely updates of risk registers by the risk owners including development and monitoring of appropriate risk mitigation plans.
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 <li>
 Key team player in the ESG reporting of PARCO group under GRI/ISSB/S1, S2 Reporting standards;
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 <li>
 Monitor and support ESG governance across PARCO group, including ESG/SDG information compilation and supporting relevant business functions in setting up their ESG goals/KPIs.
 </li>
 <li>
 Assist in development of a reliable and robust Compliance Monitoring System to implement best governance practices across the group.
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 <li>
 Support effective implementation of compliance mechanisms across PARCO group.
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 <li>
 Coordinate with inter divisional/departmental teams on value added assignments (including system improvements, investigations, optimization studies etc.)
 </li>
 </ul>
 
 
 
 
 
 Other:
 
 
 <ul>
 <li>
 A postgraduate degree or additional certifications in Finance, Business Management, Risk, or a related field is advantageous.
 </li>
 <li>
 Candidates must be willing to travel to stations/terminals and Refining facility at MCR.
 </li>
 </ul>
 
 
 
 
 
 PARCO is an equal opportunity employer. We value diversity and encourage candidates from all backgrounds to apply. Our commitment to a conducive work environment is designed to attract and nurture top talent.
 
 
</div>

Management Executive - Risk & Compliance

<div>
 
 Pak-Arab Refinery Limited (PARCO), an integrated energy conglomerate, is a Joint Venture between Government of Pakistan and Emirate of Abu Dhabi. PARCO operates Pakistan&rsquo;s most modern refinery, over 2,000 kms of pipeline network, strategic storage facilities and marketing operations. The Company has Joint Ventures with renowned international companies and is continually following an aggressive growth strategy with planned expansions, acquisitions, and penetration into new markets.
 
 
 
 
 
 
 Qualification, Skills &amp; Competencies:
 
 
 
 Minimum 16 years of education preferably in Human Resources, Business Administration, or a related discipline.
 
 
 
 
 <ul>
 <li>
 Strong understanding of HR functions, HR operations, and industry-standard practices.
 </li>
 <li>
 Solid working knowledge of Labor Laws.
 </li>
 <li>
 Proficiency in Microsoft Office, Microsoft Project, and related productivity tools.
 </li>
 <li>
 Excellent analytical, problem-solving, technical, and communication skills.
 </li>
 </ul>
 
 
 
 
 
 Experience:
 
 
 
 The ideal candidate should have have 8+ years of progressive experience in HR Shared Services or HR Operations within large organizations.
 
 
 
 <ul>
 <li>
 Must have a proven track record of managing end-to-end employee lifecycle processes, from onboarding to exit, and driving HR systems innovation and implementation, particularly as a Power User/Business Key User of SAP SuccessFactors and SAP S4/HANA HCM modules.
 </li>
 <li>
 Should also possess hands-on experience in payroll, time and attendance, benefits administration, and contract employee management, as well as supervising HR Service Desk operations to ensure seamless service delivery for a large employee population, including employees, ex-employees, and pensioners.
 </li>
 </ul>
 
 
 
 
 
 Responsibilities:
 
 
 <ul>
 <li>
 Ensure efficient, accurate, and timely delivery of centralized HR services across the PARCO Group through a professional HR team and supporting HR systems.
 </li>
 <li>
 Oversee and process all employee lifecycle transactions, including onboarding, transfers, promotions, benefits, loans, separations, and final settlements.
 </li>
 <li>
 Manage Time and Leave Management systems across all PARCO Group locations.
 </li>
 <li>
 Ensure accurate processing of monthly payroll, headcount reconciliation, and cost reporting.
 </li>
 <li>
 Oversee timely and correct processing of monthly pensions for retired employees and maintain communication with pensioners as required.
 </li>
 <li>
 Manage contracts and payments for contract employees, consultants, and advisors.
 </li>
 <li>
 Supervise the HR Service Desk to respond to queries from employees, ex-employees, pensioners, and external entities (banks, verification agencies, etc.).
 </li>
 <li>
 Act as Business Key User for SAP SuccessFactors and S4/HANA HCM modules; lead system upgrades, testing, patches, and continuous improvement initiatives.
 </li>
 <li>
 Partner with HRBPs, Talent &amp; OD, Finance, Admin, and other departments to enhance service delivery and operational efficiency.
 </li>
 <li>
 Design and deliver reports, analytics, and insights as per business requirements.
 </li>
 </ul>
 
 
 
 
 
 PARCO is an equal opportunity employer. We value diversity and encourage candidates from all backgrounds to apply. Our commitment to a conducive work environment is designed to attract and nurture top talent
 
 
 
 
</div>

Group Head - HR Shared Services

<div>
 
 Pak-Arab Refinery Limited (PARCO), an integrated energy conglomerate, is a Joint Venture between Pakistan and Emirate of Abu Dhabi. PARCO owns and operates Pakistan&rsquo;s most modern refinery, over 2,000 kms of pipeline network, strategic storage facilities and marketing operations. The Company has Joint Ventures with renowned international companies and is continually following an aggressive growth strategy with planned expansions, acquisitions and penetration into new markets.
 
 
 
 
 
 
 
 Qualification &amp; Experience:
 
 
 
 
 
 
 
 Minimum 16 years of education in Accounting, Finance, or a related discipline, with up to 6 years of relevant experience in core Finance functions such as Accounts Payable, General Accounting, Treasury, and Receivables Management.
 
 
 
 
 
 
 
 Responsibilities
 
 :
 
 
 
 
 
 <ul>
 <li>
 Manage relationships with banks, monitor services and fees, and resolve quality issues.
 </li>
 <li>
 Oversee cash management for customer collections, including cash forecasting, daily reviews, and providing recommendations.
 </li>
 <li>
 Develop systems and procedures to improve financial management and reduce borrowing costs.
 </li>
 <li>
 Manage short-term and long-term borrowing requirements and propose investment options for surplus funds.
 </li>
 <li>
 Handle vendor payments (local and foreign) and review monthly bank reconciliation statements.
 </li>
 <li>
 Maintain ownership of relevant General Ledger accounts.
 </li>
 <li>
 Manage petty cash transactions.
 </li>
 <li>
 Ensure proper audit trails and resolve auditor queries.
 </li>
 <li>
 Prepare schedules for income, expenses, liabilities, and receivables to support monthly and annual closings.
 </li>
 <li>
 Supervise the receivables team and ensure timely collection of customer dues, including aging analysis and credit review meetings.
 </li>
 <li>
 Review and ensure timely customer account reconciliations.
 </li>
 <li>
 Negotiate FX transaction rates with banks.
 </li>
 <li>
 Prepare agreements for the company&rsquo;s financing arrangements with banks.
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 <li>
 Maintain and update security charges over the company&rsquo;s current and fixed assets.
 </li>
 <li>
 Support budgeting and financial planning processes, including preparation, monitoring, and variance analysis of budgets.
 </li>
 </ul>
 
 
 
 
 
 PARCO is an equal opportunity employer. We value diversity and encourage candidates from all backgrounds to apply. Our commitment to a conducive work environment is designed to attract and nurture top talent.
 
 
</div>

Accountant

Join PARCO - Pak-Arab Refinery Limited and explore 3   exciting career opportunities. They're hiring for various roles with options for remote or on-site work. Apply today and become part of their innovative team.

PARCO - Pak-Arab Refinery Limited

ABOUT_COMPANY

Management Executive - Risk & Compliance

Group Head - HR Shared Services

Accountant