VP Finance

The Vice President of Finance at LOLC Microfinance Bank plays a critical role in leading the financial operations and strategy for the organization. This senior leadership position oversees a diverse team of 25 finance professionals, ensuring that all accounting practices adhere strictly to applicable accounting standards, regulatory requirements, and internal policies. The VP Finance is responsible for the timely and accurate preparation of financial statements, management accounts, and regulatory reports, ensuring completeness and compliance with prescribed regulations. This position also manages cash flow, financial planning, and analysis activities, partnering closely with the Head of Finance and CFO to support the banks strategic financial objectives. In addition to managing daily finance operations and enforcing internal controls, the VP Finance serves as the primary liaison with external auditors, regulatory bodies, and other key stakeholders. The role requires strong leadership and development skills to guide the finance team, foster collaboration through team collaboration tools, and continuously elevate team performance. Through strategic financial leadership, the VP Finance contributes to optimized budgeting and forecasting processes, enhancing the overall financial health and sustainability of the bank.
Responsibilities

Ensure all accounting practices comply with applicable accounting standards, regulatory requirements, and the banks internal policies.
Oversee the timely and accurate preparation and submission of periodic financial statements in accordance with regulatory requirements.
Manage the preparation and submission of periodic management accounts to support internal decision-making processes.
Supervise timely and accurate regulatory reporting to ensure full compliance with all prescribed rules and regulations.
Lead periodic reconciliation and thorough review of Profit and Loss and Balance Sheet accounts to maintain financial accuracy.
Manage day-to-day finance operations, ensuring effective internal controls are in place to safeguard assets and ensure financial integrity.
Liaise and correspond with the bank, external and internal auditors, regulatory authorities, and other stakeholders to facilitate smooth financial audits and regulatory reviews.
Support the Head of Finance and CFO in financial planning, analysis, budgeting, and other strategic financial matters to align with the bank's growth objectives.
Provide strong leadership, guidance, and oversight to a finance team of 25 professionals, fostering a collaborative and high-performance culture.
Implement and utilize team collaboration tools to enhance communication and efficiency within the finance department.
Drive continuous improvement in financial reporting processes and controls to increase accuracy and efficiency.
Evaluate and mitigate financial risks by monitoring cash flow and other key financial metrics.

Skills

Financial Planning and Analysis Budgeting and Forecasting Financial Reporting Strategic Financial Leadership Cash Flow Management Team Leadership and Development Team Collaboration Tools Regulatory Compliance Financial Risk Management Internal Controls

Job Details

Total Positions:

1 Post

Job Type:

Full Time/Permanent

Job Location:

Islamabad, Pakistan

Gender:

No Preference

Minimum Experience:

8 Years

Apply Before:

Oct 11, 2026

Posting Date:

Sep 10, 2026

LOLC Microfinance Bank

· 1001-1500 employees - Islamabad

LOLC Microfinance Bank was formerly known as Pak Oman Microfinance Bank Limited (the Bank) that was incorporated on 09 March 2006 as a public limited company under Companies Ordinance, 1984 (Repealed with the enactment of the Companies Act, 2017 on 30 May 2017) and was granted a license by the State Bank of Pakistan (SBP) on 12 April 2006.