State Bank of Pakistan (SBP), the Central Bank, is looking for talented and energetic candidates for the following positions in the Finance Department, based at Karachi.

Deputy Director - Specialized Fund Accounting (OG-3)

Key responsibilities of the incumbent will include, but not limited to, the following:
	Record keeping of Employees Gratuity Fund (EGF) in the GL.
	Assist in preparing annual budgeting for EGF.
	Assist in preparing investment snapshot for EGF funds.
	Assist in preparing investment working of EGF funds for Investment Committee.
	Calculate EGF profit and accordingly credit to respective member’s accounts.
	Assist in preparing the financial statements of EGF funds.
	Coordinate with External auditors.
	Assist in preparing the memorandum to the Board of Trustees on financial statement of Trusts.
	Reconciliation of profit on investment with banks statement.
	Prepare annual gratuity distribution and credit to members’ accounts.
	Execute the decision of Trustees and Management Committee.
	Collect requests by banks regarding issuance of new INPCCL securities on daily basis.
	Collect all the requests submitted by banks regarding pre maturity of the securities.
	Tenure wise and bank wise consolidation of pre maturity requests as submitted by banks.
	Maturing the securities in CBA system.
	Payment of principal to banks for normal maturity and prematurity of the securities.
	Prepare the expected Profit Sharing Ratio (PSR) for each of the Mudarabah pool.

 Eligibility Criteria:

 Link to Apply:

https://career.sbp.org.pk/verification?pid=42

Assistant Director - Specialized Fund Accounting (OG-2)

Key responsibilities of the incumbent will include, but not limited to, the following:
	Record keeping of Employees Contributory Provident Fund (ECPF) in the GL.
	Assist in preparing annual budgeting for ECPF.
	Assist in preparing investment snapshot for ECPF funds.
	Assist in preparing investment working of ECPF funds for Investment Committee.
	Calculate ECPF profit and accordingly credit to respective member’s accounts.
	Assist in preparing the financial statements of ECPF funds.
	Coordinate with External auditors.
	Assist in preparing the memorandum to the Board of Trustees on financial statement of Trusts.
	Recording of insurance premium and loans to employees.
	Prepare daily profit working on CBA for normal maturities of the securities.
	Prepare daily profit working on CBA for the half yearly coupon payments for the securities due on daily basis.
	Assisting in preparing the data as required by stakeholders including MoF and Statistics department.
	Check profit calculations for normal maturity and pre maturity profit claims submitted by agent banks.
	Daily Coordination with agent banks for profit/coupon payments.

 Eligibility Criteria:

Education	Masters or Bachelor's Degree (16 years of education) in Management Sciences Finance, Accounting, relevant discipline from an HEC recognized University or from a reputable foreign university and Qualified member of an accounting professional body such as ICMAP/ICAP/ACCA. Additional professional qualification, such as CFA/CIA will be preferred.
Age:	Maximum 28 years, as per CNIC.
Experience:	4 years of experience in related field (professional experience gained as membership requirement of the aforementioned bodies will also be accounted for, if other requirements are met), with a minimum of 2 years in the fields of Financial Reporting/Auditing in a reputed organization.

 Link to Apply:

https://career.sbp.org.pk/verification?pid=43

 Compensation:

Competitive compensation package, as per State Bank rules.

 Application Procedure

Interested candidates meeting the above mentioned eligibility criteria may submit their applications online on https://www.sbp.org.pk/careers/status.asp. The system generated application form may be shared through surface mail addressed to Ms. Sadia Ali, Resource Management, HRD, State Bank of Pakistan, 10th Floor, SBP Main Building, I.I. Chundrigar Road, Karachi with the applied position written on top right of the envelop. Last date of application submission is April 04, 2022. Applications, which are not in accordance with defined requirements in the advertisement, will not be entertained. Only shortlisted candidates will be contacted.

We are an Equal Opportunity Employer. Females & Transgender persons 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 eligible.