Faisalabad Electric Supply Company (FESCO) Jobs March 2025
Faisalabad Electric Supply Company (FESCO) is a leading public utility company in the power sector. It distributes electricity, serving more than 5.40 million customers in eight districts of Punjab, namely Faisalabad, Chiniot, Sargodha, Jhang, T.T. Singh, Khushab, Mianwali, and Bhakkar. FESCO is actively seeking the services of an energetic and qualified male or female professional equipped with a corporate mindset and an understanding of the power sector for the C-level position of Company Secretary.
Click below to apply
Skills & Responsibilities:
The incumbent will be hired as Company Secretary and shall directly report to the Chairman, FESCO, with the primary responsibility of fulfilling all secretarial functions. This shall include maintaining liaison with the Chairman, Board of Directors (BOD), and Chief Executive Officer with respect to holding meetings of the Board and its committees and ensuring corporate governance in the company in compliance with all applicable laws that govern FESCO.
The main responsibilities of the position include the following but are not limited to:
- To prepare and distribute agenda and working papers for meetings of BOD and Committee(s) of BOD; To prepare Minutes of all types of meetings above and follow-up to ensure compliance/implementation of decisions of BOD and its Committee(s);
- To prepare and maintain corporate/statutory records of the Company and filing of periodic returns and statutory records with the Securities & Exchange Commission of Pakistan;
- Continuous review and monitoring of amendments/updates in Corporate Laws & secretarial practices and to keep updated the Board as well as Management;
- To liaison with internal and external auditors and legal counsel to ensure compliance with statutory provisions of all Corporate Laws;
- To maintain requisite details of the Directors and preparation and submission of the relevant and applicable forms/returns as per the Companies Act, 2017 and other applicable laws;
- To communicate and ensure the implementation of the decisions of the Board and policies formulated by the Directors:
- To arrange and organize orientation and other courses for updating / acquaintance of the Board members regarding trends of corporate culture;
- To perform other secretarial activities and carry out all secretarial tasks as specified in the Companies Act, 2017 and other applicable laws and regulations;
- To supervise matters/complaints pertaining to Wafaqi Mohtasib and other bodies and
- To ensure compliance with laws that govern State-Owned Enterprise (SOE), including State-Owned Enterprises (Governance and Operations)Act, 2023, policy, etc.
Requisite skills include:
- The ability to gain insight into the company’s workings and liaise with all departments across FESCO for due compliance.
- An in-depth understanding of the laws, rules, and regulations that govern State-Owned Enterprises and the ability to ensure their compliance with FESCO. He must further safeguard Board processes to confirm they are followed and that all other relevant best practice statements are complied with.
- Outstanding communication, English language, and minute writing skills and the capacity to work well under pressure with integrity and maturity, especially when handling confidential information.
Qualification & Experience:
- The minimum requirement with respect to qualifications to include either of the following: Member of a recognized body of Professional Accountants or
- Member of a recognized body of Corporate or Chartered Secretaries or
- A master’s degree in business, finance, commerce, or law from a local or international University recognized by the Higher Education Commission.
With respect to experience, a minimum of 10 years of related work experience is essential, including at least five (5) years working as the Company Secretary of a government or private sector organization.
Remuneration & Tenure:
- Market-based competitive salary packages are available on a lump sum basis.
- The positions will be filled on a contract basis, initially for a period of three (3) years from the date of appointment, with six (06) months as a probation period. The Board further extends the contract subject to satisfactory performance based on performance appraisal/achievement of KPIs.
- The contract service shall neither be regularized nor pensionable at any stage in the future under the Government Rules.
Age Limit:
The maximum age should not be more than fifty-seven (57) years as of the closing date.
HOW TO APPLY:
Applications will be submitted online through the FESCO website (www.fesco.com.pk). The prescribed application form (which can be downloaded from the FESCO website) duly signed by the candidate along with the following documents shall be dispatched through courier at the below-mentioned address below:-
a. Copy of detailed updated CV.
b. Copies of Degrees, Educational Certificates & Testimonials issued by HEC recognized Universities/ Institutes/Professional Bodies or Associations, whichever is relevant, along with Experience Certificates and Reference Letters issued by the concerned Organization. FESCO shall duly verify all documents provided.
c. Copy of CNIC and recent photograph.
d. The applicants shall be required to submit a declaration on non-judicial stamp paper of requisite value as per the prescribed format available in Schedule-ll of CMU Guidelines that he/she is not ineligible for appointment to the relevant position in accordance with the requirements of fitness and propriety and the relevant provisions of the Schedule-IV of the State-Owned Enterprises Act, 2023 and Companies Act, 2017.
OTHER CONDITIONS/INSTRUCTIONS:
- The applications must arrive within fifteen (15) days from the advertisement’s publication date. 2. The application is to be complete in all respects. FESCO may require further documentation and/or information from the candidate.
- The candidates already working in Govt./ Semi Govt./Autonomous Public Organizations can also apply through proper channels along with the NOC of their department issued in its Letter Head.
- Candidates shall be required to produce all original documents during the interview.
- FESCO reserves the right to withhold/cancel the entire recruitment process at any stage without assigning any reason.
- Only short-listed candidates will be invited for interviews/selection process.
- No TA/DA will be admissible for the interview/selection process.
