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Finance Officer
Lahore
Apply By Aug 26, 2017
Job Description (total positions: 1, posted on: Jul 26, 2017)

Reponsibilities:

  • Analysis

  • Assist in the preparation and variance analysis of budget and the reforecasts with the identification of unusual movements in the business trends.

  • Assist in preparing branch level profitability along with its key efficiency ratios.

  • Assist in preparation of different KPI’s and Ratio’s on head office and branch level.

  • Assist in preparation of branches profit/loss and Balance sheet.

  • Analyzing the expenditures with respect to approved budgets and work-plans.

  • Preparation of Actual and Budget Comparisons to assist the management in identification of key drivers for the variance.

  • Reconciliation and analysis of different income and expense heads with the calculation of the bank’s net spread (Gross yield – Cost of funds)

  • Control and Reconciliation

  • Facilitate in the preparation and provision of complete and accurate financial reports for all projects.

  • Reconciliation of accounts payable and accounts receivable with recommendation of adjustments.

  • Reviewing all treasury deals as per policy.

  • Ensure the compliance of prudential regulation and other laws pertaining to finance department working.

  • Ensure the timely reconciliation of the following head of accounts:

    • All income heads on monthly basis.

    • Suspense account reconciliation and settlement/adjustment on monthly basis

    • Accruals of income and expenditures verification on quarterly basis.

  • Fixed assets reconciliation with the Comparison of branches physical asset with Fixed Asset Register every quarter.

  • Provision reconciliation before month end to resolve issues, to avoid extra time on month end.

·         Any Other duties as required by line manager.

Core Competencies:

1.       Communication skills.

2.       Multi-tasking & Detail oriented.

3.       Strong grip on MS Excel, Word

4.       Solid knowledge of financial and accounting procedures.

5.       Sharp time management skills

Professional Training:

6.       Good analytical skills required to analyze data and prepare reconciliation

7.       Relationship development

Industry
Banking/Financial Services
Category
Accounts, Finance & Financial Services
Job Type
Full Time/Permanent ( First Shift (Day) )
Gender
No Preference
Minimum Education
Masters
Degree Title
Master(Finance, Accounting)
Career Level
Experienced Professional
Required Experience
Fresh - 2 Years(0-2 Years)