Head of Finance Department

About the Company:

Hiring for a company that focuses on empowering investors with informed decision-making while maintaining the highest standards of integrity, transparency, and compliance.

Role Overview – HOD Finance

Key Responsibilities

Financial Management & Reporting

• Prepare and oversee monthly, quarterly, and annual financial statements
• Ensure compliance with IFRS, SECP, PSX, CDC, and NCCPL regulations
• Manage general ledger, reconciliations, trial balance, and financial closing processes
• Monitor brokerage revenues, capital adequacy, exposures, and operational expenses
• Coordinate annual audits and liaise with external auditors

Treasury & Fund Management

• Monitor daily bank balances, client fund segregation, and liquidity requirements
• Supervise payment processing, settlements, and fund transfers
• Ensure compliance with client asset protection regulations
• Manage cash flow forecasting and treasury planning

Regulatory Compliance Support

• Coordinate financial reporting submissions to regulators
• Assist the compliance department in capital market reporting requirements
• Monitor net capital balance positions and exposure thresholds
• Maintain proper documentation for 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
• Support senior management in strategic expansion and operational planning

Internal Controls & Risk Management

• Implement strong financial controls and approval workflows
• Identify operational and financial risks within brokerage activities
• Improve accounting systems, SOPs, and reporting automation
• Ensure confidentiality and integrity of financial information

Team Leadership

• Lead and supervise finance and accounts staff
• Coordinate with operations, compliance, IT, and dealing departments
• Foster a culture of accuracy, discipline, and accountability

Must Have Traits/ Skills:

• Strong financial reporting, accounting, and audit management expertise
• Deep understanding of SECP, PSX, NCCPL, and CDC regulations
• Experience in brokerage operations, treasury management, and client fund segregation
• Excellent command over reconciliations, settlements, and liquidity monitoring
• Advanced Excel, MIS reporting, financial analysis, and process automation skills
• Strong internal controls, risk management, and compliance awareness
• Ability to manage regulatory reporting and external/internal audits efficiently
• Strategic financial planning, budgeting, and operational cost management capabilities
• Strong leadership, team management, and cross-department coordination skills
• High attention to detail with strong analytical and problem-solving abilities
• Ability to perform under pressure in a fast-paced capital markets environment
• Excellent communication, organizational, and decision-making skills
• High integrity, professionalism, confidentiality, and an ownership mindset
• Experience working in brokerage houses, banks, financial institutions, or capital market environments is preferred

Qualification preference: CA/ ACCA/ ICMA/ CFA (level 1 at least, Level 2 preferred.

Other Details:
Experience: 5+ years
Location: Karachi

Work Location: In person