Career Opportunity at State Life Insurance Corporation of Pakistan – Accountant (Primehr)
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The State Life Insurance Corporation of Pakistan, through Primehr, has announced an exceptional career opportunity for the position of Accountant (Finance Division). This opening is ideal for highly skilled, experienced, and results-oriented finance professionals who wish to work in a dynamic, high-impact environment. Since State Life is one of the most reputable government-owned corporations in Pakistan, this vacancy has gained remarkable attention due to its attractive benefits, prestigious organizational environment, and long-term career growth prospects.
This comprehensive article provides detailed insights into the job purpose, responsibilities, qualifications, salary expectations, application guidelines, and frequently asked questions so candidates can prepare effectively.
Overview of State Life Accountant Job 2025
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The advertised position is offered on a three-year renewable contract, subject to satisfactory performance. The selected candidate will be based in Karachi, working within a highly professional environment that promotes integrity, innovation, and organizational excellence.
Primehr, a leading HR services provider, is managing the recruitment process. The role requires professional accountants who can lead financial operations, develop accounting strategies, and ensure compliance with IFRS, IAS, taxation laws, and insurance industry regulations.
Job Purpose – Key Role of Accountant in State Life
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The primary purpose of this Accountant role is to oversee the Finance Division portfolio by implementing effective accounting strategies, ensuring regulatory compliance, and maintaining strong coordination with relevant government and auditing bodies. The role further emphasizes:
- Maintaining accurate financial reporting standards
- Preparation and analysis of monthly, quarterly, and annual financial statements
- Monitoring cash flow transactions
- Managing income tax, sales tax, and withholding tax matters
- Ensuring compliance with the Companies Act 2017 and Insurance Ordinance 2000
In short, the position requires both analytical and managerial expertise to support organizational financial stability.
Key Responsibilities – What This Accountant Job Requires
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The selected candidate will be entrusted with a wide range of responsibilities, including but not limited to:
1. Financial Reporting and Compliance
- Preparation of balance sheets, income statements, and cash flow statements
- Ensuring compliance with International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS)
- Coordinating with internal and external auditors
- Maintaining accurate accounts under insurance laws
2. Taxation and Legal Compliance
- Filing Income Tax and Sales Tax Returns
- Managing withholding tax reports
- Ensuring compliance with federal and provincial tax authorities
- Liaising with tax consultants and legal professionals
3. Audit Coordination
- Working alongside SECP auditors, government auditors, and statutory bodies
- Ensuring timely submission of financial documents and audit information
- Overseeing year-end audits and assessments
4. Budgeting and Financial Analysis
- Assisting with annual planning and budgeting
- Preparing financial forecasts
- Monitoring financial performance against projections
- Identifying financial risks and opportunities
5. Cash Flow and Account Reconciliation
- Monitoring daily transactions
- Reconciling accounts with financial institutions
- Verifying ledger accuracy and integrity
- Supporting treasury operations when required
These responsibilities demand advanced analytical capabilities, strong communication skills, and thorough knowledge of financial regulations.
Qualification & Experience Requirements
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To be eligible for the Accountant position, applicants must fulfill one of the following qualification tracks:
Option 1
- Associate Chartered Accountant (ACA/FCA)
- Minimum 2 years of post-qualification experience
- Preferably in the insurance sector
Option 2
- FCMA/FCCA
- Minimum 5 years of post-qualification experience
- Preferably in the insurance industry
Candidates with a strong background in financial reporting, audit management, and insurance accounting will be highly preferred.
Age Limit
The maximum age limit for applicants is 45 years.
Why Work at State Life? Major Benefits
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Working in collaboration with State Life and Primehr offers several benefits:
- Competitive salary structure (based on experience and qualification)
- Health and life insurance benefits
- Professional development opportunities
- Exposure to government-level financial operations
- Job stability through renewable contracts
- Strong work environment focused on performance and innovation
Female candidates are encouraged to apply, showcasing State Life’s commitment to gender inclusion and equal opportunity employment.
Application Procedure – How to Apply for State Life Accountant Job
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Applicants must follow these instructions to ensure their application is considered:
- Visit the recruitment website: career primehr.com.pk
- Upload the following:
- Updated CV
- Scanned copies of educational documents
- CNIC
- Domicile
- Passport-size photograph
- Submit your application within 15 days of the advertisement date
- Only shortlisted candidates will be contacted for tests and interviews
- Applications submitted by hand will not be accepted
- No TA/DA will be provided for interviews
The recruitment process is transparent and based solely on merit.
Work Environment and Ethical Expectations
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The advertisement clearly highlights State Life’s strict ethical standards. Candidates must adhere to:
- No acceptance of gifts or favors
- No political interference or pressure
- Respect for organizational confidentiality
- Non-transferable employment contract
This reinforces the organization’s high-integrity professional culture.
Salary Expectations for Accountant at State Life (Estimated)
Even though the advertisement does not disclose the exact salary package, typical salaries for this role in leading government-linked organizations generally range between:
- Rs. 200,000 – Rs. 400,000 per month (depending on qualifications & experience)
Senior ACAs/FCMAs may receive higher packages due to expertise and industry experience.
Why This Job Is Ideal for Chartered Accountants and Finance Experts
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This position offers an excellent opportunity for finance professionals seeking:
- A stable and prestigious job role
- Long-term career advancement
- Direct involvement in policy-level financial reporting
- Work with top-tier auditors and regulatory bodies
- Exposure to the insurance sector — one of Pakistan’s largest financial industries
Additionally, the three-year contract with the possibility of extension makes it a secure career choice.
Frequently Asked Questions (FAQs) – State Life Accountant Job
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1. Is this a permanent government job?
No. It is a contract-based position for three years, extendable based on performance.
2. Is insurance sector experience mandatory?
While not mandatory, preference is given to candidates with insurance sector experience.
3. Can candidates above the age of 45 apply?
No. The maximum age limit is 45 years.
4. What qualifications are required?
ACA/FCA with 2 years’ experience OR
FCMA/FCCA with 5 years’ experience.
5. Can I submit my application by hand?
No. Applications must be submitted online only.
6. Are female candidates encouraged to apply?
Yes. State Life is an equal opportunity employer.
7. Does the job offer benefits like medical insurance?
Yes. Employees typically receive insurance, leaves, and other benefits as per organizational policies.
8. When will interviews be conducted?
Only shortlisted candidates will be informed after evaluation of applications.
9. Is there any test before the interview?
Yes. Shortlisted candidates may undergo a written test before the final interview.
10. What is the expected salary range?
Though not officially mentioned, estimated salaries range from Rs. 200,000 – Rs. 400,000+ per month.
Conclusion
The Accountant (Finance Division) vacancy at the State Life Insurance Corporation of Pakistan, managed by Primehr, presents a highly attractive opportunity for skilled and experienced finance professionals. With strong organizational values, professional growth opportunities, and a robust financial role aligned with international standards, this job is suitable for individuals looking to elevate their careers in Pakistan’s financial and insurance sectors.
