State Bank of Pakistan (SBP), the Central Bank, regulates the monetary and credit system of country and fosters its growth in the best national interest with a view to securing monetary stability and optimum utilization of the country’s productive resources. Consistent strengthening of its regulatory and supervisory regime is reflected in the performance and resilience of the banking sector in the face of recent challenging macro financial environment.

SBP is looking for high caliber and dynamic professionals for the contractual positions in Finance Department, based at Karachi.

 Deputy Manager - Finance

The responsibilities of incumbent will include but not limited to perform the following tasks.

	Coordinate in preparation of Bank’s annual financial statements in accordance with the statutory requirements.
	Preparation of quarterly Profit & Loss account and Balance Sheet of the Bank along with its analysis and reporting to the SBP management and Board.
	Coordination for finalization and approval of Management Letter.
	Collection of support documents for Agenda & compliance reports on behalf of Finance Department for Board / Committee meetings, and follow up with respective quarters of the Bank for compliance of Board directives.
	Preparation Annual Performance Review of the accounts for printing in Annual Report of the Bank.
	Assist in formulation of accounting policies and procedures for the Bank and dissemination thereof to all stakeholders.
	Coordination with Business Continuity planning on behalf of Finance Department for Table Top, Mock Exercise, Rehearsal, call tree etc.
	Coordination with the external /Internal /Government auditors.
	Formulation of organizational budgeting policies and procedures and dissemination of standard instructions to all SBP departments and subsidiaries.
	Preparation of annual income estimates by collecting and reviewing data from the concerned quarters and reporting the same to MoF.
	Coordination with SBP departments and subsidiaries to collect Operating and Capital Expenditure budget estimates/proposals.
	Analysis of SBP investments valuation in listed / unlisted entities, and oversee the corporate affairs of subject entities.
	Compilation and consolidation of Operating and Capital Expenditure budgets. Preparation of analysis for approval of the competent authority.
	Budget Review and Control with periodic reporting to Higher Management and Board.
	Monitor & Reconcile transactions with subsidiaries and allied entities.

 Eligibility Criteria:

Assistant Manager - Finance

The responsibilities of incumbent will include but not limited to perform the following tasks.

	Support in preparation of Bank's annual financial statements in accordance with the statutory requirements
	Collection and submission of data for periodic financial reporting of Bank.
	Deal with Auditors' queries and Management Letter.
	Assist in preparation of agendas & collect auxiliary documents for Board Meetings.
	To compile relevant data for Annual Performance Review of Bank’ financial statements.
	Suggest improvement in prevailing financial accounting procedures for the Bank.
	To build teamwork for department related to Business Continuity planning exercise.
	Assist in responding queries for the external /Internal /Government auditors.
	Collection of data relevant to preparation of annual income estimates.
	Assist in preparation of SBP Revenue & Capital Expenditure budget and assist in submission of quarterly review of budget to SBP Board.
	To record transactions with subsidiaries and allied entities.
	Collection & summarization of relevant data for valuation of SBP investments.

 Eligibility Criteria:

 Application Procedure

Interested candidates, meeting the above mentioned eligibility criteria may send detailed CVs along with covering letter addressed to Joint Director, Resource Management, HRD, State Bank of Pakistan, 10th Floor, SBP Main Building, I.I. Chundrigar Road, Karachi, enclosing therewith their CVs, most recent photograph and attested copies of all relevant documents. Last date of application submission is March 16, 2020. Only shortlisted candidates will be contacted. Applications with incomplete CVs, especially which are devoid of Photograph, Date of Birth, experience/qualification dates or any other important information will not be shortlisted. Selection process may also include written test.

SBP is an equal opportunity Employer and female candidates are encouraged to apply.
Misinformation and any attempt to influence the selection process will be considered a definite disqualification for current as well as for all future recruitments in the Bank, even if the candidate is otherwise qualified.