This position is responsible for leading and directing overall functions of Finance which includes Financial Planning, Budgeting, Controls, Treasury, and Sourcing of the company. The incumbent is responsible for leading all financial functions ascertaining they meet the bank’s business objectives in accordance with accounting principles and regulations. Additionally, the incumbent is responsible to lead and direct the preparation of all financial and management reports along with comprehensive Sourcing mechanism, ensure function is developed and aligned with group standards as well as formulating, implementing and monitoring of overall financial strategies which are aligned with bank objectives.

  • Lead and direct the financial planning, budgeting, sourcing and investment activities of the bank.
  • Analyze financial details of past, present, and expected operations to identify development opportunities and areas of improvement if needed.
  • Provide expert advice on short-term and long-term financial objectives, policies, and actions.
  • Ensure cash flow is appropriate for the bank’s operations as well as review and approve current and forecasting reports.
  • Ensure monitoring of all financial activities so that all legal and regulatory requirements are met.
  • Develop and maintain functional policies as well as recommend comprehensive strategies to manage funding and liquidity in an efficient manner.
  • Establish and maintain relationship with financial institutions to raise the liquidity.
  • Lead efficient management of balance sheet, working capital, capitalization structure, cash flow & delivery of financial objectives.
  • Collaborate with internal and external regulatory bodies for managing audits as planned by the board.
  • Lead business strategy by developing and aligning strategic planning, annual operating plan, forecasting and capital planning process.
  • Ensure that treasury activities are performed in consonance with SBP regulations and within management parameters such as reducing bank’s cost of funds (COF) and increasing its return on investment.
  • Provide valuable input on investments, capital expenditure, mergers, as well as other relevant areas and ascertain its financial viability.
  • Ensure organization wide change management in the complete operation of the Sourcing Management teams, system and processes that are aimed at achieving cost and operational efficiencies.
  • Carry out any other task assigned by Chief Executive Officer.
  • Incumbent shall be responsible to adhere by Telenor Microfinance Bank Behaviors & Values in all aspects of his/her work conduct.
  • Ensure that a culture of risk and compliance management is implemented, and institute performance measures tied to individual risk and compliance responsibilities.

Job Details

Total Positions:
1 Post
Job Shift:
First Shift (Day)
Job Type:
Job Location:
Gender:
No Preference
Minimum Education:
Masters
Degree Title:
Chartered Accountant
Career Level:
Experienced Professional
Minimum Experience:
12 Years (Overall 12 + years of experience with at least 6-8 years of relevant experience)
Apply Before:
Oct 13, 2022
Posting Date:
Sep 12, 2022

Telenor Microfinance Bank

Banking/Financial Services · 4501-5000 employees - Karachi

pstrongOverview/strong/ppTelenor Microfinance Bank Limited is jointly owned by Telenor Group, the leading telecommunications company across Scandinavia and Asia with 174 million customers, and Ant Financial, the operator of the world's leading payment and lifestyle platform Alipay that's also an affiliate company of Alibaba Group. It is the first scheduled microfinance bank of Pakistan that provides a range of innovative banking solutions./ppTelenor Microfinance Bank created history in 2009, when it launched Easypaisa, Pakistan’s first branchless banking platform and the country’s only GSMA mobile money certified service. With the largest footprint in the country, Easypaisa has since then evolved into a digital lifestyle enabler which is leading the fintech revolution in Pakistan./ppMotivated by its strongvision of ‘transforming the financial landscape of the country’/strong, Telenor Microfinance Bank is on stronga mission to provide ‘instant access to convenient digital financial services’/strong that benefits the people of Pakistan. Telenor Microfinance Bank is empowering people to truly adopt the digital way of life./pp /ppstrongOur Values:/strong/pp• Customer First./pp• Create Together./pp• Keep Promises./pp• Be Respectful./p

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