Karachi Water & Sewerage Corp Jobs Deputy Chief Financial Officer

August 17, 2026 admin

Karachi Water & Sewerage Corp Jobs Deputy Chief Financial Officer

Organization: Karachi Water & Sewerage Corp

SITUATION VACANT DEPUTY CHIEF FINANCIAL OFFICER (DCFO)

Karachi Water and Sewerage Corporation (KW&SC), Pakistan’s leading public sector utility, serves the people of Karachi metropolitan area and is responsible for ensuring clean, safe drinking water and sewerage services to the public. Enacted under the Karachi Water and Sewerage Corporation (KW&SC) Act 2023, the utility envisions organizational reform activities to transform its culture towards full corporatization and a performance culture.

KW&SC is inviting applications for the position of Deputy Chief Financial Officer (DCFO). The incumbent shall report to the Chief Financial Officer and shall assist in managing and overseeing the Corporation’s financial operations.

Key Responsibilities

Accounting & Financial Reporting: Assist in consolidation of accounts from all KW&SC field offices and departments. Ensure maintenance of books of accounts and review monthly, quarterly and annual accounts. Manage the preparation of accurate and timely financial statements and management reports.

Budget & Fund Management: Assist in managing KW&SC’s fund accounts and operational finances. Support CFO in formulation, execution, monitoring and reporting of annual budgets. Monitor expenditures and budget variances Propose tariff increase scenarios. Oversee fund disbursement. Ensure a protocol to verify payment authorizations.

Bank Operations & Reconciliation: Supervise bank transactions, cheque processing, online transfers, and approval documentation. Timely reconciliation of all bank accounts. Liaison with commercial banks. Manage signatory protocols and financial instruments.

Internal Controls & Compliance: Ensure compliance with Sindh Government financial instructions, KW&SC Fund rules, and applicable laws. Adherence to IPSAS/IFRS or prescribed accounting standards. Review of audit replies, observations, and compliance status. Effective financial controls to prevent losses, misuse, or misstatement.

Audit Coordination: Facilitate internal, external, government, and special audits. Resolution of audit paras and coordination in providing financial records. Review responses to audit queries and ensure corrective actions.

Procurement & Financial Approvals: Verify financial impact of procurement proposals, contracts, and bids. Ensure availability of funds before issuance of any expenditure sanction. Review contractor and vendor payments and verify supporting documentation.

Team Supervision & Capacity Building: Provide guidance on accounting practices, financial discipline, and government compliance. Support training initiatives for digitization, ERP and financial modernization. Build capacity of self and other fellow team members in automation of work, digitization of data, and use of artificial intelligence.

Qualifications & Experiences:

CA / ACMA / ACCA / MBA Finance / M.Com / equivalent finance, accounting qualification from HEC recognized institute.
Minimum 8 years of relevant professional experience in financial management, accounting, finance, budgeting or audit management (preferably in public sector or utility entity).
Expertise in bank reconciliation and public sector financial processes.
Strong command on financial reporting and accounting systems.
Ability to interpret audit observations and resolve compliance matters.
Leadership, analytical, and decision-making capability.
Knowledge of Sindh Government Financial rules and fund operations.
Proficiency in MS Excel, accounting software, ERP / Oracle / SAP.

Age Limit: Maximum 45 years on the date of publication of this advertisement.

General Terms and Conditions:

i. The appointment shall be on contract basis for the period of 3 years, extendable on satisfactory performance.

ii. The appointment will be subject to fulfillment of codal formalities/verifications/administrative formalities.

iii. The position is based in Karachi.

iv. Only shortlisted candidates will be contacted.

v. No TA/DA will be admissible for the interview.

vi. Government/Departmental candidates will have to obtain NOC for applying to the position.

vii. KW&SC reserves the right to accept or reject any/all applications without assigning any reason.

We are an equal opportunity employer. With special focus on gender diversity, women are encouraged to apply.

Strict confidentiality shall be maintained during the hiring process.

Interested candidates can email their CVs to [email protected] or send their application through post at the following address within 15 days of publication of this advertisement. Chief Human Resource Officer, Room No: 103 1st Floor, Annexe Building, Near Civic Centre, KW&SC Head Office Gulshan e Iqbal, Karachi.

Published Date: 16 August 2026

Newspaper: Dawn