Senior Director - Finance & Accounting (OG-6)

State Bank of Pakistan; Karachi Division; On-site; PKR 1,800,000 - 3,000,000; Full time

Job summary

State Bank of Pakistan (SBP) in Karachi is seeking a senior finance professional for the position of Additional Director (OG-6) - Finance and Accounts. The role reports to the Director/Executive Director and carries a market-based salary and benefits.

The incumbent will oversee internal and external financial reporting, IFRS compliance, and policy development, while advising senior management on accounting, finance and tax matters and guiding budget processes for SBP and its subsidiaries.

Qualifications

• Master’s or Bachelor’s degree (with a minimum of 16 years of education) in Finance or Accounts or related field from a HEC recognized university or foreign university.
• Fellow membership of ICAP, ICMAP and/or equivalent foreign professional accounting bodies is required.
• Additional professional certifications like CFA, FRM, CIA would be preferred.

Responsibilities

• Oversee and ensure accurate and timely internal and external financial reporting, including preparation of annual financial statements of the Bank, getting them audited, and submission to the SBP Board.
• Devise accounting policies and procedures in accordance with the accounting framework of the Bank.
• Ensure financial reporting conforms with IFRS.
• Advise on accounting policies for new products as per the Bank’s framework.
• Advise senior management on accounting, finance, and taxation matters, including tax compliance.
• Oversee budget preparation and approval from the SBP Board for SBP and BSC.
• Supervise maintenance of the Fixed Asset Register and reconciliation of accounts with allied entities.

Education

Master’s or Bachelor’s degree in Finance or Accounts

Job description

State Bank of Pakistan (SBP) in Karachi is seeking a senior finance professional for the position of Additional Director (OG-6) - Finance and Accounts. The role reports to the Director/Executive Director and carries a market-based salary and benefits.

The incumbent will oversee internal and external financial reporting, IFRS compliance, and policy development, while advising senior management on accounting, finance and tax matters and guiding budget processes for SBP and its subsidiaries.