Corporate Finance plays a vital role in meeting the financial requirements of the Group. Arrangements of banking facilities at the most competitive rates, together with effective and efficient deployment of cash, are key activities of this department.
At Jaffer Brothers (Private) Limited, emphasis is laid on the development of strategies as well as on annual operating plans. Corporate Finance appraises such plans including new venture proposals and assists the Board of Directors to develop and agree to the future direction. It also monitors Group performance against the budgets and highlights critical issues to senior management for timely decisions.
Other activities of the Unit include Group taxation and formulation of financial and accounting policies, including limits of authorities.
The role of our Human Resource department is essentially that of 'leadership development'. Besides being an 'employee advocate' and a 'change and transformation counselor', our Human Resource department is constantly:
Our Administrative staff ensures that the Group's employees have a safe, comfortable and efficient working environment in our offices to enable them to serve our customers better. The Administration provides all the necessary facilities to make the employees' business travel safe and comfortable.
One of the most important factors for any firm's success and growth is the consistent fortification of its corporate image. The key endeavor at Audit & Corporate Affairs department is the maintenance and enhancement of the corporate image and soliciting feedback from the entire spectrum of clientele. Audit & Corporate Affairs is not only responsible for statutory compliance and uniform application of all Group policies and carrying out the Board's direction, it also evaluates the existing policies and procedures for their relevance to the current business needs of the Group and helps the Group in the development of new policies and procedures. It helps the Business Units and other corporate support functions in development of their annual operation plans.
An ongoing audit activity at our Group of Companies helps management to take corrective and timely steps. Besides normal audit and compliance of internal control procedures, other major activities of Audit & Corporate Audit department includes, checking the reconciliation of statutory books and other assignments entrusted by the management.
Legal function is the protector of the company, working to prevent and manage any legal issues arising in the Group while focusing on mitigating risks. It appears in the courts of law in various litigation matters and helps the group to take informed business and legal decisions in line with the corporate strategies.
It plays a critical role in drafting and vetting contracts, complex commercial agreements, legal documents and ensuring that the Group operates in compliance with the law of the land. Legal department is also involved in the selection of external counsels and overseeing their progress, handling SECP’s matters of all Group Companies fulfilling their statutory requirements while ensuring maximum compliance.
The Group Supply Chain function at Jaffer Brothers plays a pivotal role when it comes to serving our customers. We promote consistency throughout the supply chain, sharing our vision and principles with business partners, and engaging with them to achieve sustainable growth built on a foundation of mutual trust.
We listen closely to and work with our suppliers as equal partners, developing and maintaining cooperative and competitive relations that enable us to implement best practices. Driven by our philosophy of fairness, openness, and win-win cooperation, we operate our supply chain in accordance with local regulations and international standards ensuring better products and services for all.
Group IT's scope is to build a highly efficient up-to-date IT infrastructure with innovative and cost-effective solutions to support the businesses and functions. GIT fosters revolution in all business verticals to increases value, enhance quality, and accelerate productivity; our strong support system allows businesses to connect with customers with cloud technology.
Group IT has a comprehensive step-by-step approach for resolving and preventing mainstream IT issues of Jaffer Group. Our main goal is to constitute an adaptable framework for standardizing, automating, and providing lean processes to meet the contemporary demands of dynamic businesses in the digital landscape today. GIT has a proactive stance to ensure that plans are in place within the Group to minimize unexpected downtimes, crashes, and performance issues.
The Jaffer Group IT Department also ensures that all IT projects and the roadmap are strategically aligned with the Group’s Vision 2030.