Settlement Officer

Akramzada Group of Companies is a diversified conglomerate with a strong presence across various industries, delivering exceptional services to its clients and stakeholders. With deep roots in Afghanistan, the group has established itself as a prominent regional enterprise, strategically expanding its footprint across Asia and the Middle East. Its diverse portfolio spans multiple sectors, reflecting a commitment to innovation, quality, and growth. As a progressive organization, Akramzada Group of Companies upholds the principles of equity and inclusivity. It is an equal-opportunity employer that ensures a fair and unbiased workplace for all employees and applicants. The group strictly prohibits discrimination on the grounds of race, color, gender, gender identity, religion, creed, citizenship, national origin, age, veteran status, or disabilities unrelated to job performance. This dedication to diversity and inclusion underscores the company’s mission to foster a collaborative and respectful working environment, empowering individuals to contribute meaningfully to its ongoing success.

The Settlement Officer is responsible for managing daily settlement activities, cash operations, inter-branch fund transfers, and reconciliation processes. The position ensures accurate and timely processing of financial transactions in compliance with internal policies and the regulations of Da Afghanistan Bank (DAB).

This role plays a critical part in minimizing operational risk, maintaining liquidity control, and ensuring smooth treasury and payment operations.

Cash and Liquidity Management

• Develop and implement strategies to ensure sufficient liquidity is available for the smooth operation of all branches.
• Monitor branch cash balances to ensure they align with approved cash thresholds.
• Oversee cash forecasting and the management of daily, weekly, and monthly liquidity positions.
• Approve cash flow forecasts, ensuring adequate reserves while optimizing the cash pool.

Treasury Operations

• Supervise the treasury team to ensure the efficient management of inter-branch cash transfers, bank reconciliations, and fund replenishments.
• Ensure proper documentation and approval processes are followed for all inter-branch transactions.
• Implement and manage a centralized cash management system for all branches.
• Monitor real-time cash movements across all branches using digital systems.

Risk Management

• Identify and mitigate risks related to currency fluctuations, liquidity gaps, and market conditions.
• Develop and implement strategies to minimize financial risks and maximize returns.
• Monitor and report on the company's exposure to interest rate fluctuations, foreign exchange risks, and liquidity risks.
• Ensure compliance with the company's risk management policies and procedures.

Compliance and Security

• Ensure all treasury activities comply with local regulations, international standards, and internal policies.
• Oversee internal audits to verify the accuracy and completeness of treasury activities.
• Ensure that security measures are in place to protect cash, including vaults, CCTV surveillance, and secure transfer procedures.
• Maintain insurance policies for cash in transit and other treasury-related risks.

Reporting and Documentation

• Prepare regular reports on cash balances, liquidity status, inter-branch transfers, and treasury performance for senior management.
• Develop and maintain accurate and up-to-date records of all treasury transactions, ensuring compliance with reporting standards.
• Ensure timely submission of treasury reports to senior management and auditors.

1. Educational Background:
   • Bachelor’s degree in Business Administration, Finance, Management, or a related field.
2. Experience:
   • At least 3 years of relevant experience working in a financial institution 
3. Skills and Competencies:
   • Proficiency in English (both written and spoken).
   • Proficiency in Dari (both written and spoken).
   • Proficiency in Pashto (both written and spoken).
   • Strong knowledge of computers and financial service systems.
   • Excellent communication, leadership, and problem-solving skills.
4. Residency:
   • Must be a local resident of the province where the candidate is applying.
5. Other Attributes:
   • Ability to work independently and make sound decisions under pressure.

To apply for this position, please carefully follow the steps outlined below:

1. Apply through the Google Form Link:
   • Click on the following link to access the application form: https://docs.google.com/forms/d/e/1FAIpQLSdhNfYJteMshCsLGv5RamGsOY_2sBnqWNr-AOsrWl0OrKIfTw/viewform?usp=dialog
   • Complete all required fields in the form accurately. Ensure that your contact details, educational background, and experience are provided in full.
2. Upload Your CV:
   • Prepare your CV as a PDF file before uploading.
   • Name your CV file using your full name; Ex: (Name CV.pdf).