Finance Officers

Rozee; Islamabad; On-site; PKR 600,000 - 900,000; Full time

Job summary

NRSP Microfinance Bank is seeking Finance Officers to maintain financial integrity and ensure accurate payment processing while complying with regulations. The role supports budgeting and forecasting, and requires collaboration across branches to prepare payments and reconcile ledgers.

The position entails posting payments, updating the financial control system, and communicating transactions to branches. It also involves supporting audits with vouchers and documents, and performing other

Qualifications

• Finance officers must have keen attention to detail and strong analytical skills.
• Experience with financial regulations and compliance is desirable.
• Ability to support budgeting and forecasting activities.

Responsibilities

• Post all types of payments in accordance with DOFA, Procurement Manual, agreements, and tax requirements.
• Charge expenses daily to the branches in the financial control system.
• Prepare and issue payment letters for pay orders and transfer payments, notifying branches by email.
• Reconcile current accounts, vendor payables, staff payables, and client payables in the general ledger.
• Process credit advices from the insurance department and verify responses from branches.
• Post receipt transactions against various claims to general ledger accounts with proper allocation.
• Complete voucher documentation daily and submit to the record keeper for binding and maintenance.
• Support the audit process by providing vouchers and documents to external auditors.
• Perform other finance-related tasks as assigned by management.

Job description

Finance Officers at NRSP Microfinance Bank Limited play a critical role in maintaining the financial integrity and accuracy of the organization's accounts. They are responsible for ensuring timely and precise processing of payments, maintaining compliance with financial regulations, and supporting budgeting and forecasting activities. With a keen eye for detail and strong analytical skills, Finance Officers ensure that all financial transactions are correctly recorded and reconciled, thereby facilitating smooth financial operations across branches. This role demands collaboration across departments to prepare payment documents, reconcile general ledger accounts, and support audits. Finance Officers work independently under established guidelines without managing a team. Their role ensures that financial data is accurate and accessible for decision-making, contributing to the banks overall financial health and operational efficiency.

Responsibilities

• Post all types of payments in accordance with the Delegation of Financial Authority (DOFA), Procurement Manual, agreements, and tax requirements within the organization.
• Charge expenses daily to the respective branches on behalf of the branches in the financial control system.
• Prepare and issue payment letters for pay orders and transfer payments into designated accounts, then communicate these transactions promptly to the relevant branches via email.
• Reconcile specified current accounts, vendor payables, staff payables, and client payables in the general ledger to ensure accuracy and completeness of the financial records.
• Process credit advices received from the insurance department on a daily basis and verify accurate responses from branches regarding those credits.
• Post various receipt transactions against different claims to appropriate general ledger accounts, ensuring proper allocation and documentation.
• Complete all voucher documentation daily and submit them to the record keeper for binding and record maintenance.
• Support the audit process by providing necessary vouchers and documents to external auditors during interim and annual audits.
• Perform any other finance-related tasks assigned by management to support the smooth functioning of the finance department.