Posted Apr 30, 2024 500 views Report Job
- Review of monthly, quarterly, semi-annually and annually management accounts.
- Review and finalization of cash flow projection.
- Review of Financial Statement, Income Statement and Cash Flow Statement on monthly basis.
- Working closely with the CFO, on various projects and Adhoc work.
- Strong report writing skills and the ability to synthesize work products into executive summaries and/or briefs and reports, process analysis, mapping & improvement experience.
- Liaise with internal and external auditors, regulators and compliance.
- Actively participate in the implementation of new regulatory requirements including annual housekeeping changes as stipulated by the regulators.
- Monitor external changes to GAAP and RAP internal changes from business transactions that impact regulatory reporting and execute the regulatory change management procedures, including managing and executing the implementation of new financial reporting requirements.
- Document existing process and controls and ensures that the changes are updated and reviewed with Head Finance & Accounts and Financial Controller.
- Management of the daily, weekly and monthly reports are accurate and identify in discrepancies to mitigate any risks.
- Assist in maintaining controls and governance activities for P&CB Financial Control including coordinate monthly meeting agendas and track and report on process control issues and remediation tasks to completion.
- Assist in setting policies and providing advice on regulatory reporting.
- Prepare annual Risk Adjusted Capital (RAC) plan.
Skills
Job Details
ASA Microfinance Bank (Pakistan) Limited
ASA Microfinance Bank (Pakistan) Limited (formerly ASA Pakistan Ltd) is wholly owned subsidiary of ASA International, incorporated under the Microfinance Institution Ordinance 2001. Commenced its operations in September, 2008. Microfinance sector in Pakistan has demonstrated a robust growth over the last decade; however, it has still a long way to lead. The sector was initially dominated by the government sponsored rural support programs and NGOs who were working for social development and providing microcredit services. The scenario has been changed significantly over the past many years with the inclusion of some specialized microfinance institutions. Despite growing interest (both state and commercial) in the MF sector, there is still a huge gap in demand and supply in the Pakistani MF Market. This large gap encouraged ASA International to achieve it mission to financially empowering the poorest of Pakistan.
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