Chief Internal Auditor at Multan Electric Power Company

About the role

Multan Electric Power Company Limited (MEPCO) is a public-sector power distribution company serving more than 9.07 million consumers with over 15,000 employees. It operates across 15 districts in South Punjab. MEPCO seeks a results-driven and visionary Chief Internal Auditor for its headquarters in Multan to support compliance, legal soundness and governance excellence.

The Chief Internal Auditor will report to the CEO and Board of Directors. Responsibilities include:

• Providing independent assurance to the Board and Audit Committee on governance, risk management and internal control systems, ensuring transparency and accountability.

• Developing and executing a risk-based annual audit plan covering high-risk financial, operational, administrative and regulatory areas in accordance with the Board-approved audit strategy and professional standards.

• Evaluating compliance with applicable laws and regulations, particularly the SOE Act, 2023, Companies Act, 2017, SECP regulations and other statutory and governance requirements, and reporting material non-compliance.

• Assessing internal controls and fraud risk management mechanisms, identifying control weaknesses and systemic deficiencies, and recommending corrective and preventive measures.

• Ensuring timely issuance and follow-up of audit reports, monitoring implementation of recommendations, and assessing their financial, operational and procedural impact.

• Coordinating with DG (Audit), DAC, PAC and relevant authorities to reconcile and settle audit observations, inspection reports, audit paragraphs and draft audit paragraphs, in consultation with the concerned formations.

• Leading digital transformation through data analytics, audit automation, risk-monitoring tools and digital dashboards to improve audit coverage, efficiency and internal control monitoring.

• Providing strategic leadership through team capacity building, continuous professional development, integrity and accountability.

Posts and vacancies

• Chief Internal Auditor: 1 position.

• Duty station: MEPCO Headquarters, Multan.

• Contract: Three years, extendable once based on performance, without exceeding 65 years of age.

• Remuneration: A market-based competitive salary package of Rs. 1 million to Rs. 1.499 million per month, negotiable according to experience and qualifications.

Additional benefits, allowances and facilities will be admissible under the company's policy for C-level executives. The MEPCO Board of Directors will conduct an annual performance appraisal. The appointment is purely contractual and non-pensionable, carries no long-term benefit, and will not be converted into a permanent position.

Eligibility

Applicants must be members of a recognized body of professional accountants and hold a CA, CPA, ACMA, ACCA or MBA (Finance) qualification from a reputed local or international university or institute recognized by the Higher Education Commission.

At least 15 years of relevant experience is required, including five years in a leadership role in auditing and risk management, designing internal control procedures, and ensuring financial reliability compliance in the public or private sector. Candidates must understand governance, risk and controls, especially in SOEs or public-sector projects, and have excellent verbal and written communication skills.

The upper age limit is 62 years on the closing date. No further age relaxation will be granted.

Applicants must be Pakistani citizens. They must not have been dismissed, removed or compulsorily retired from public or private service. Candidates with a criminal record, involvement in financial fraud or moral turpitude, or a declaration as a wilful defaulter by a financial institution will be disqualified. HEC equivalence is mandatory for foreign degrees.

How to apply

Apply online at https://mepco-jobs.pitc.com.pk and also send a hard copy of the application to:

Chief (Human Resource & Career Planning) Officer
MEPCO Headquarters, Khanewal Road, Multan
Phone: 061-9220267

Include:

• A detailed CV highlighting achievements.

• Attested copies of educational and professional documents.

• Two recent passport-size photographs.

• Two references, preferably from previous supervisors.

• Affidavits and declarations required by the application instructions.

• A police verification certificate.

Applicants must submit an affidavit on non-judicial stamp paper worth Rs. 100 declaring the absence of conflicts of interest, non-involvement in FIA or NAB cases, no conviction by a court of law, no dismissal, termination or removal from service, and no political affiliation.

Compliance with the Fit and Proper Criteria under the relevant provisions of the Schedule to the SOE (Governance and Operations) Act, 2023, Companies Act, 2017 and Step-7(i) of the CMU Guidelines is mandatory. The selected candidate must provide a declaration to this effect on Rs. 100 non-judicial stamp paper using the specimen available on the portal.

Government, semi-government and autonomous-body employees must apply through the proper channel with an NOC on their department's letterhead. The NOC will also be required at the interview. Candidates must produce all original documents at the interview.

Only shortlisted candidates will be contacted. No TA/DA will be admissible for interviews.

Applications are submitted at the applicant's own risk and cost. False information discovered at any stage, including induction or later service, will result in termination of candidature or employment. Selected government employees must resign from their existing service or retire, as applicable, before joining; no lien will be admissible.

At joining, the selected candidate must submit an affidavit declaring non-involvement in any relevant business or job that could create a conflict of interest. Appointment is subject to relevant official, codal, legal and administrative formalities.

MEPCO may disqualify a candidate at any stage for false or forged information, misrepresentation or concealment. Costs incurred will be recovered from the applicant. MEPCO reserves the right to cancel the recruitment process at any stage without assigning a reason.

Important dates

Applications must reach the office within 15 days of publication, making the closing date 23 November 2026. Incomplete or late applications will not be entertained.