Pakistan Machine Tool Factory (Private) Limited, Karachi, a subsidiary of State Engineering Corporation (Pvt) Limited. (SEC) Ministry of Industry & Production intends to appoint a Managing Director/CEO for its office located at PMTF Road, Off National Highway, Karachi. Applications are sought from dynamic individuals with credentials and vision to head this organization. PMTF has been involved in almost all major manufacturing & development including Transmission Products, Defence Products, Die Cast Products & Machine Tool Products. MD/CEO will be directly reporting to the Chairman/CEO State Engineering Corporation (SEC).
Pakistan Machine Tool Factory offers a congenial professional environment and excellent remuneration package, negotiable and commensurate with experience and qualification of the candidates.
The CEO/MD will:
1. Implement the vision, mission and goals of the company as outlined by the Board of Directors.
2. Report company performance to the Board of Directors.
3. Provide inspired leadership, create a picture of performance, positive morale and accountability in the company.
4. Lead development and execution of short and long-term operational policies and strategic plans for the company
5. Assess risks to the company and ensure they are monitored and minimized.
6. Bear responsibilities for the company’s finances, including working closely with the CFO to prepare budgets and keep the Board of Directors informed with respect to cash management, investments, and internal audits.
7. Work closely with Human Resources (HR) regarding the hiring practices, payroll and benefit disbursement.
8. Oversees quality control throughout the company, establishing goals for each department in partnership with division managers.
9. Assure all legal and regulatory documents are filed and monitor compliance with laws and regulations.
10. Represent the company as required, including attendance at important functions, industry events and public meetings and create alliance for the company, if required.
11. Evaluate the work of other executives within the company.
The Position will be purely on merit, initial period of contract will be one year and will be terminable on one month notice period by either side
Candidates working in Government / Semi Government and Autonomous bodies should apply through proper channel duly accompanied with NOC from their department.
In case of foreign degree, equivalency certificate from HEC must be provided.
Application will be treated as strictly confidential.
Only shortlisted candidates will be invited for interview/selection process.
The company reserves the right to reject any application or cancel the process of recruitment without assigning any reasons thereof.
No TA/DA will be admissible for the interview.
Application on the prescribed format available at State Engineering Corporation website (http://secpk.com.pk/) & PMTF website (http://www.pmtfl.com/) along with the Declaration given in the form to be made on stamp paper duly verified by Oath Commissioner should reach the undersigned within 15 days after the publication of this advertisement in the paper
Incomplete application not in the prescribed proforma shall not be entertained.
Pakistan Machine Tool Factory (Private) Limited
PMTF Road, Off National Highway, Karachi – 75030-Pakistan.