Summary
Experience: 7 - 10 Years
Location: Kabul ,
Afghanistan
Compensation: U.S Dollars 45,000 - 60,000
$3500 - $5500 PER MONTH
Education: UG - B.Com - Commerce PG - CA
Industry Type: Banking/Financial Services/Broking
Role: Head/VP/GM-CFO/Financial Controller
Functional Area: Accounts, Finance, Tax, CS, Audit
Posted Date: 07 Jun
Desired Candidate Profile
REQUIREMENT:
- Master degree in Accounting and Finance.
-PG - Chartered Accountant, Chartered Financial Analyst ( Finance ), helpful .
- Minimum 7 years experience directly related to Accounting/Finance in a commercial bank where
- Minimum 5 years exp must have been in managerial capacity (CFO) in a commercial bank.
- Fully functional with all aspects of financial and cost accounting, reporting, MIS, payroll and MS Excel.
- Excellent analytical, creativity and problem solving skills.
- Age limit 30-45
Job Description
Job Description: Bakhtar Bank (BKB), is a commercial bank incorporated in Kabul-Afghanistan is looking for an experienced Chief Financial Officer for its Head Office in Kabul, playing a leading role in the development of Afghanistan by adopting policy of financial inclusion, encouraging SME sector and act as preferred bank of Trade and Industry. The position of Chief Financial Officer shall be responsible for all of the Bank's fiscal operating results utilizing generally accepted accounting principles, such as cost accounting, budgets, regulatory agency and central bank’s reports and ensuring the safeguard of Bank assets. Shall Counsel senior management on fiscal control and profitability; prepare, present and interpret financial reports to senior management; adhere to tax laws and regulatory compliance for properly, reflecting the financial position of the Bank. Shall direct accounting department activities; provide leadership, training and supervision within the department; provide a high level of customer relations and service; and ensure compliance with Bank policies and procedures. The position of Chief Financial Officer shall assist in attaining established Bank and department financial goals. Perform supervisory duties of department staff; coordinate staff for coverage in all related areas of the department The position allows the successful candidate to be part of the senior management team of the bank and play a major role in its continued development. Chief Financial Officer is responsible for the: Asset/Liability management of the bank. Prepares Financial planning Prepares Budgeting and forecasting Creates Profitability analysis and reporting Monitoring and managing Internal/external financial reporting Provides Financial management support for all depts/units
1. Works with other executives from the bank to develop plans and implement programs to continuously improve performance.
2. Oversees the asset/liability management program for the bank. The CFO works closely with the bank’s management to develop specific guidelines for asset/liability management.
3. The CFO participates extensively in the strategic planning process and leads the budgeting and forecasting processes of the Bank. The CFO builds a strong financial discipline and accountability foundation for budgeting and forecasting. For strategic planning, it is expected that the CFO will play a key role in the development of BKB’s strategic plan updates.
4. He/She works closely with the CEO and departmental heads to identify and drive appropriate growth strategy, financial analysis and due diligence to enable the Bank to reach its strategic goals.
5. The CFO specifically ensures that resources, direction and internal controls and financial processes exist to achieve timely and accurate reporting of all financial matters to internal and external parties.
6. He/She works closely with the Bank?s external auditors and meets, as appropriate, with representatives from the Central Bank (DAB) and other regulatory authorities.
7. The CFO plans, directs and coordinates the implementation of effective accounting and financial administration policies, procedures and reports to ensure sound financial management and control of the Bank.
8. He/She prepares, presents and interprets financial reports to management, Board of Directors, shareholders and governmental authorities. He/she directs the preparation of all fiscal reporting, such as cost accounting, budgets, regulatory authorities and government reports.
9. He/She safeguards the assets of the company, directs the activities of the financial management/accounting department, and contributes to the achievement of corporate growth and profit objectives.
10. Financial management and leadership, forecasting, budgeting, margins, and variance management.
11. Profit improvement, productivity and efficiency.
12. Revenue growth and expense management.
13. Evaluation of business expansion opportunities.
14. Treasury: non-core investments and funding, A/L, capital and liquidity management, pricing.
15. Accounting, internal and external reporting, accounts payable and fixed assets.
16. Tax management.
17. Develop and prescribe adequate financial procedures to provide the basis for management decisions and control.
18. Maintain the Bank’s accounting system.
19. Determine that all expenditures are properly approved and justified.
20. Perform other duties as defined.
Keywords: Chief Finance Officer
Company Profile
Bakhtar Bank is newly establish Bank one of commercial Banks in Afghanistan almost having 16 Branches in Afghanistan with the plan of establishing 20 more Branches this calendar year. Bakhtar Bank has a talented pool of staff with years of experience.
Contact Details
Company Name: Bakhtar Bank
Executive Name: Zalmay Akbar
Address: Bakhtar Bank
Kabul Afghanistan
Kabul
Kabul,Afghanistan 26000
Telephone: +93-77-1098359
