Purpose:
To scrutinize accounting data and ensure its correctness & authenticity in the system and timely submission of periodic reports/returns to HO/Central Bank/other Regulatory Authorities in order to meet the timelines.
Key Accountabilities:
- Prepare quarterly financial statements of the branch and get it audited by the external auditors
- Prepare and submit regulatory reports as required by the central bank and other regulators
- Prepare management and other reports as required by the country head and controlling offices at the head office; work with IT to automate the reports.
- Prepare financial and HR budget of the branch as required by the head office
- Track expenses and other KPIs of the branch against budget, and suggest ways to reduce expenses and meet budget
- Coordinate with the external, internal audit and central bank inspection team
- Work with other units of the branch and head office for quick closure of the audit observations
- Liaison with ICFR unit, Finance Division, to prepare process flows and perform test of controls.
- Liaison with GL proofing unit, Finance Division, for GL balancing, reconciliation and identifying amount at risk.
- Maintain and update fixed asset register of the branch
- Process expenses in accordance with the bank's Expenditure Policy.
- Posting all HR related costs, staff salary, bonuses etc.
- Deposit WHT and VAT with the Central Bank/regulatory authority and ensure regulatory compliance.
- Sort the vouchers, seal and maintain the custodianship of it. Reconcile the vouchers with daily activities.
- Monitor and reconcile sundry debtors/creditors accounts periodically and ensure reconciliation of all the items.
- Reconciliation of all Interbank, Central Bank and Branch/ HO related entries.
Minimum Qualifications:
- Graduation / Master's degree in Finance or accounting.
- Relevant professional certification would be added advantage.
Minimum Experience:
- 08 years of finance and accounting experience in the banking sector, including at least 3 years in positions involving managerial responsibilities.
Job Specific Skills:
- Excellent numerical and analytical skills.
- Good communication skills.
- Working knowledge of MS Office.
- Good knowledge of banking products.
- In depth knowledge of international financial and accounting standards and protocols.
- Good regulatory and compliance knowledge such as relevant local and international laws and regulations like Central Bank guidelines.
- Languages: English and Urdu is mandatory.
- Excellent Leadership skills
