Job Opportunities in National Insurance Company Limited (NICL) Karachi (Nov-2023)

Finance Positions in Insurance Sector: (NICL) Karachi (Nov-2023)

National Insurance Company Limited (NICL) is a large public sector organization and a key player in the General Insurance sector. We are seeking to induct qualified and dynamic professionals for the following positions::

Faculty Title 1:

Manager Investment: Maximum Age 45

The position reports to the Chief Financial Officer (CFO) and is responsible for independently handling and overseeing the company’s Treasury and Investments activities which includes managing and optimizing the company’s investment portfolio, coordinating with Asset Management Companies, Brokerage Houses, Banks, SBP, and SECP to facilitate investment and compliance. S/he will oversee the company’s liquidity position and ensure availability of sufficient funds, assist the Investment Committee of the Board and propose potential investment avenues to the management / Board of Directors, correspond with and provide responses to Commercial/Government auditors as well as external and internal auditors. The position will also be responsible for managing and minimizing financial risk by overseeing all aspects of the company’s financial risk exposures including interest rate risk and foreign currency risk. The ideal candidate must be CFA (complete or part qualified) with minimum 5 years experience of handling investment portfolio in Banks/Mutual Funds/Insurance Companies or any other Financial Institution etc.

Faculty Title 2:

Manager Taxation: Maximum Age 45

The position reports to the General Manager (Accounts and will be responsible to take complete ownership of all tax related matters (direct and indirect taxes) including tax planning, assessment, reporting, compliances, monitoring, advisory, appeals, tax restructuring, desk audit and implementation etc. S/he will also be responsible for tax payment section in terms of processing payments, adjustments, payment of withholding taxes, dexterity with input output tax and their adjustments etc. The job also includes responsibility for review & finalization of annual income tax return of NICL and its subsidiary in coordination with tax consultants, compute tax liability/assets, discharge advance tax liability, handle periodic statutory reporting/compliances relating to filing of WHT statements, reconciliation of expenses, and advising branches / Zones and different Departments on miscellaneous tax related issues.

Note:

The ideal candidate should be CA Finalist or ACCA or MBA Finance with minimum 7 years experience of handling taxation matters in any financial institution or in a Tax Consultancy firm or tax department of an audit firm. S/he must have hands on experience of handling Input/Output Tax adjustments.
The positions are based in Karachi.
The candidates must possess good communication and interpersonal skills.
We are an equal opportunity employer and females are encouraged to apply.