Finance Assistant

Maiwand Bank is one of the largest Commercial Banks in Afghanistan. The bank was established & commenced banking operation from 1st January, 2009. Within a short span of time, the Bank has a Branch Network of 36 branches in 12 provinces. Maiwand Bank is committed to expand its geographical coverage and offer its diversified products more effectively and efficiently to a larger section of the society. Maiwand Bank is one of the largest Commercial Banks in Afghanistan. The bank was established & commenced banking operation from 1st January, 2009. Within a short span of time, the Bank has a Branch Network of 36 branches in 12 provinces. Maiwand Bank is committed to expand its geographical coverage and offer its diversified products more effectively and efficiently to a larger section of the society.

1. FOR BUDGETING, MIS & TAX MANAGEMENT

The Finance Assistant shall be overall responsible for the smooth working of Finance Department in co-ordination with Finance Officer / Dy. CFO. He will assist Finance Officer / Dy. CFO as per directions given & in his absence may also perform the duties of Finance Officer as & when required.

• Budget Related Jobs (Calculation, Verification and Submission to Finance Officer / Dy. CFO)

• To ascertain necessary details on various income / expenses from branches for preparation of Branch wise budget & seek guidance from Finance Officer accordingly.
• To prepare & submit necessary report on daily basis as guided by Finance Officer.

• MIS rlated Jobs (Calculation, Verification and Submission to Dy. CFO / CFO)

• To prepare & submit Daily Branch wise deposit reports & submit the same to Finance Officer for review.
• To attend various trainings as & when deputed by Department.
• To prepare & submit Daily Income/ Expenses report & to submit the same for eview by Finance Officer.
• To update branch wise expenses & submit the same for analytical review by Finance Officer.
• Preparation of project report for new branches as guided by Finance Officer
• To assist Finance Officer as & when required.

• Tax Related Jobs (Calculation, Verification and Submission to Finance Officer)

• Withholding Tax on Salaries / Wages (On monthly basis)
• Withholding Tax on Interest and Islamic Profit Distribution (On quarterly basis)
• Withholding Tax on Rent (On monthly basis)
• Withholding Tax on Agreements & other Payments (On monthly basis).

2. FOR PROCUREMENT, FIXED ASSETS MANAGEMENT & STAFF PAYROLL

The Finance Assitant shall be overall responsible for the smooth working of Finance Department in co-ordination with Finance Officer / Dy. CFO. He will assist Finance Officer / Dy. CFO as per directions given & in his absence may also perform the duties of Finance Officer as & when required.

• For Procurement of various items in co-ordination with General Admin & Services / IT / Security Department of the Bank.

• To accompany other colleagues for obtaining quotations for various items required to be purchase in co-ordination with Admin Department.
• To process various expenses vouchers after reviewing the same as to whether the same is in line with Budget or not & to disburse the amount to concerned vendor after reviewed by Finance Officer.
• To obtain necessary documents from vendors & forward the same for tax management purpose as directed by Finance Officer.
• To arrange for disbursements of various payments to vendors as basis recommendations received from Admin / IT / Security Department of Bank after obtaining necessary approval from Finance Officer.
• To co-ordinate with Admin / IT / Security Department for obtaining various contracts / agreements etc as advised by Finance Officer / Dy. CFO / CFO.
• To prepare & submit report on vendor wise payments made to Finance Officer / Dy. CFO / CFO.

• For Fixed Assets Management in co-ordination with General Admin & Services / IT / Security Department of the Bank.

• To obtain quotations for various items of fixed assets required to be purchase in co-ordination with relevant departments.
• Fixed Assets recording in FAMS / ICBS after scrutinising various invoices / quantity of fixed asset purchased etc.
• To generate Asset Tag numbers from FAMS & to submit the same to  relevant departments after obtaining necessary approvals.
• To co-ordinate with relevant departments viz GAD / IT / Security Department for carrying out Physical verification of fixed assets.
• To update locations in FAMS for various fixed assets after co-ordinating with Admin / IT / Security

• For Staff payroll process in co-ordination with HR Department.

• To obtain signed copies as well as softcopies of Staff payroll from HR Department.
• To ensure that Staff payroll upload worksheet is updated by HR Department with respect to account numbers, net amount of salary to be credited, Narration etc.
• To co-ordinate with HR Department for smooth uploading of salary in ICBS System.
• To submit the upload worksheet for obtaining necessary approvals.
• To ensure that TIN No. are provided by HR Department for all staffs.

3. FOR REGULATORY REPORTING & RECONCILIATIONS

The Finance Assitant shall be overall responsible for the smooth working of Finance Department in co-ordination with Finance Officer / Dy. CFO. He will assist Finance Officer / Dy. CFO as per directions given & in his absence may also perform the duties of Finance Officer as & when required.

• For Regulatory Reporting

• To ensure that Daily Deposit & Daily Cash report are prepared by extracting Branchwise cash position / TB & submitted for review to Finance Officer / Dy. CFO / CFO.
• To ensure that weekly M1 Report is prepared on each Saturday & submitted to DAB after ensuring review by Finance Officer / Dy. CFO / CFO.
• To ensure that monthly DAB reports are prepared & submitted for review to Finance Officer / Dy. CFO / CFO within specified time as advised.
• Necessary co-ordinations with relevant departments are made for gathering necessary information on Monthly / Quarterly DAB Reports.
• To ensure that quarterly DAB Reports are prepared & submitted for review to Finance Officer / Dy. CFO.

• For Reconciliations

• To ensure that reconciliations are done on daily basis for all Nostro accounts (Overseas as well as Local banks).
• To co-ordinate with Operation / Swift Department for ascertaining Bank Statements of various Banks.
• To ensure that reconciliations are done on daily basis for W.U. / Breshna / ATM.
• To co-ordinate with W.U./ ADC / Marketing Department for obtaining necessary information required for Reconciliation.
• To ensure that all reconciliations are submitted for review by Dy. CFO / CFO.
• To ensure that at each month end all reconciliations are printed & hard copies are submitted to Dy. CFO / CFO & after obtaining signatures the same are kept on record for Audit purpose.
• To ensure that Reconciliations are done for Suspense / Sundry / Prepaid accounts etc after co-ordinating with relevant departments.

At least 3 years’ experience in Finance Department in (Bank / External audit firms/ NGOs or Financial Institution)
ACCA Part Qualified or At least FR, TX & AA paper must be cleared/ BBA with Major in Accounting and  Finance

HOW TO APPLY:
Interested candidates are requested to send their application (complete C.V along with a cover letter and reference information) to Human Resource Department, Maiwand Bank, Kabul, Afghanistan. HRD@maiwandbank.com  In case if any help was required please contact 0703000126 only shortlisted candidate would be contacted.