Responsible for:

• Monitoring all payments received and made by the company
• Responsible for all disbursements including placement of funds with financial institutions
• Negotiating the best deals with Financial Institutions – return on investments etc.
• Funds placement proposals, interest calculation
• Knowledge of ERP (pref. JD Edwards) preferred
• 2 persons reporting into the position
• B Com. With 5 – 10 years of experience
• Package around PKR 70K gross.

To Apply:
Email your CV here

BASIC FUNCTION OF POSITION:
The incumbent performs trade and investment promotion. Develops business contacts; reporting and research assignments in promoting U. S. trade and investment objective and facilitates the marketing of the U. S. goods/services in the host country. In addition to promoting U. S. Trade and investment in Pakistan, incumbent also advises the Pakistani private sector and other U. S. Agencies such as US EximBank, Overseas Private Investment Corporation, the U. S. Trade Development Agency (USTDA) and the International Finance Corporation (IFC) in matters pertaining to the U. S. investment in Pakistan. Performs other related duties as assigned.

QUALIFICATIONS REQUIRED:

1.EDUCATION: Minimum bachelor’s degree (14 years of educations) in finance, economics, marketing or business administration is required.

2.EXPERIENCE: Minimum three years of progressively responsible experience on economic research, trade promotion, commercial banking or related field is required.

3.LANGUAGE: Level IV (fluent) Reading/Writing/Speaking English & Urdu are required.

4.KNOWLEDGE: Incumbent must have a sound understanding of the host country’s economy in general and local business customs and practices, marketing channels, host government laws, regulations and policies related to the commodity/industry sector. Must have good knowledge of computer (MS Office) with good tying speed is required.

5.ABILITIES & SKILLS: Ability to develop and maintain working level contacts in government and private sector within the host country, particularly focus on local firms with in assigned sectors to prepare accurate and precise reports and to know when to seek higher level assistance. Ability to develop database skills in the Commercial Services Client Tracking System (CTS).

To Apply:

Please visit our website for further details

To shoulder the responsibility of the start-up and operation of this public listed company, we are looking for individuals who have a proven track record of commendable achievements and have the passion to organize and lead a team of energetic professionals having the eagerness to excel in their respective careers.

Deputy Manager Accounts

AN ICMA qualified / partly qualified CA. Must have a minimum of 10 years experience in a manufacturing concern in the area of management accounts. Maximum age limit: 40 years

The above positions carry a market based remuneration package. Please email your complete curriculum vitae via email

Economic Analyst

• Carry out quantitative and qualitative research/surveys/analysis of industrial/service sectors of Pakistan
• Identify economic indicators/trends and undertake growth analysis of national and international economies
• In-depth study and analysis of national economic/industrial policies to generate reports/position papers for the company
• Review/analyze policy documents of Planning Commission/Ministries/multi donor agencies etc. to identify potential opportunities for project development
• Participate in preparing the business plans, feasibility studies and different reports forsubmission to Government of Pakistan and donor organisations
• Prepare economic/financial/cost analysis to support project development and funding andbusiness proposals
• Strengthen and reinforce Company’s knowledge generation by producing sectoral studies,policy papers etc.

Education:
Bachelors/Masters in Economics

Experience:
At lease 3 years relevant work experience. (work experience with a donor/public/private sector R&D organization would be desirable)

Special Skills:

• Proven knowledge and skills in qualitative and quantitative research tools and related softwares
• Exceptional writing and presentation skills especially in business development proposal/concept paper writing
• Strong work ethics and strong Interpersonal skills
• Strong analytical and problem solving skills

To Apply, please email your CV here

SENIOR FINANCIAL ANALYST- DEBT AND FX

Job Purpose:
To ensure that the covenants of the Loan Agreements for the debts of the company are met with timely and accurate servicing of the debt and to manage the foreign exchange exposure of the three companies with respect to payments to contractors in currencies others the US$.

Key Result Areas:
• Debt management.
• Foreign Exchange (Fx) management
• Compliance with Debt Covenants and the company policies and procedures.

Activities:
• Ensure that all payments of principal and interest for the loans to the company are made on time and that the conditions of the covenants on these loans are met.
• Communicate with the Common Security Trustee concerning all debt payments.
• Prepare Distribution Certificates for dispatch to the Common Security Trustee in a timely manner.
• Manage the foreign exchange exposure of the three companies to the forward payment contracts which are to be made in Euros and Yen.
• Develop scenarios and models for decisions on Fx hedging and recommend the desirable strategy to shareholders for approval.
• Source foreign currencies on Fx spot markets when payments contracts are not hedged.
• Exercise appropriate checks and controls on the exchange rates and processing of Deal Tickets.
• Negotiate Fx spot swaps with banks to secure cash flow when debt payments fall due before Hedging matures.
• Provide assistance to Financial Reporting to restate hedge transactions at “fair value” for purposes of reporting.
• Determine current spot rates and provide to Financial Reporting for representing the values of foreign bank account balances in periodic reporting.
• Generate data and reports to provide comfort to shareholders, lenders, trustees and other concerning compliance with debt indentures and covenants.
• Contribute to the annual updating of the the company’s financial models.
• Review and amend internals controls, policies and procedures as required to ensure enforcement.
• Contribute to the establishment and execution of credit evaluation procedures for tender participants.
• Assist other Finance group departments concerning the review of policies and procedures for the issue of Letters of Credit for customers.

Knowledge Skills and Experience:
• Undergraduate degree, preferably in an accounting or financial discipline, from an internationally-recognised tertiary institution.
• Membership of an appropriate professional accountancy or money market/trading body desirable.
• Minimum of 10 years’ experience working in accounting or financial roles within large, diverse organisations.
• At least 5 years experience in Treasury areas including banking, cash management, foreign exchange, bank relationships and other related issues.
• High level of proficiency in the use of financial models and in financial market instruments /derivatives is essential.
• Exceptional analytical skills.
• Computer literate with knowledge of ERP systems. SAP experience preferred.
• Proficiency with Microsoft Office particularly spreadsheets.
• Excellent verbal and written English communication skills.
• Good presentational skills.

Client offers competitive Tax Free Expat Package.

Interested candidates are requested urgently to send their CVs here.

Salary: 35,000 Dirhams

Must have Middle East and manufacturing experience

COMPANY:
Our client is a world leading pumps manufacturer.

ROLE:

• Coordinate formulation, preparation, monitoring and presentation of consolidated financial statements and budgets in accordance with the set objectives, targets, policies, procedures and controls
• Ensure delivery of accurate and timely consolidated financial statements, operating reports and forecasts.
• Administer and coordinate with Business Unit Management and the Managing Director for the establishment of budget procedures and approval process for all Business Unit budgets.
• Conduct the operation of the Finance Department to encourage optimum utilization of its services by all business unit operations. These activities include regular preparation and presentation of reports financial information to the President/Managing Director, maintaining confidentiality as required.

THE CANDIDATE:

• Bachelor’s or Master Degree in Account and Finance
• Minimum 5 years experiences as the Head of Account and Finance Dept.
• Strong Leadership and interpersonal skills with good command of English
• Analytical skills and business knowledge
• Having experience in SAP system will be advantage
• Extensive commercial financial management experience (min. 10 years) in a large multinational manufacturing organisation, preferably in a related field
• Experience of dealing with strategic business development through acquisitions and tax opportunities.
• An in-depth knowledge of the financial regulatory requirements
• Up-to-date knowledge of cost and general accounting, budgeting, internal controls, management controls and measurement discipline
• Highly developed analytical skills with excellent attention to detail
• Excellent interpersonal and communication skills – able to prepare and present sensitive or complex financial information to colleagues from various backgrounds at all levels, providing advice or recommendations as required.

To Apply: Send your resume here

Deputy Manager Budget and Planning (Karachi)

• Prepare annual reports including operational budget and analysis
• Coordinate activities of production planning
• Coordinate information and data with other departments related to financial analysis

Requirements:

• CA inter or ICMA qualified
• 3-5 years experience in cost, budget and planning
• Ability to effectively present information to top management

Interested candidates should send their CVs along with latest passport size photograph not later than October 20, 2009 to Box # 214 C / O Daily Dawn Lahore or email: manager.hr@live.com

JOB PURPOSE:
To provide technical expertise in support of loan disbursement functions of the Resident Mission (RM). Incumbents at these levels are expected to provide assistance in terms of accountabilities as appropriate to the position. Work assignments are well defined and work is performed under the supervision of a Specialist or Senior Officer heading the RM’s Disbursement Unit (DU).

EXPECTED OUTCOMES:
Loan Disbursement

• Responsible for processing of disbursements under ADB public sectors project loans in Pakistan in accordance with ADB guidelines. Such processing will exclude disbursements under program loans, co-financed loans and disbursements under the commitment procedure.
• Scrutinizes Withdrawal Applications (WAs) ADB under public sectors project loans in Pakistan and approves these WAs in the Loan Financial Information System (LFIS) if the WAs are in compliance with ADB’s disbursement guidelines, CTLA guidelines for delegation of loan disbursement functions to RMs and the relevant loan agreement.
• Provides guidance to executing agencies (EAs) in following ADB’s disbursement guidelines and procedures.
• Ensures that withdrawal applications (WAs) for Program loans, co-financed loans and for disbursements under ADB’s commitment procedure are pre-screened in accordance with ADB procedures before forwarding to HQ by pouch.
• Undertakes Statement of Expenditure (SOE) checks in accordance with ADB procedures, and reports the findings to the Country Director, PRM and to the Controller’s Office.
• Leads missions to project sites to review EA’s accounting systems and related internal control procedures to determine the suitability of the use of Imprest Fund or SOE procedures.
• Ensures smooth operations of ADB-funded Imprest Accounts (IAs) by ensuring opening of IAs in accordance with procedures, monitoring withdrawals of eligible expenses only, assisting EAs in reconciling their IAs and liaising with HQ in order to reconcile EA/ADB records. Follows up with EAs to improve the IA utilization rate of slow moving IAs.
• Assists the EAs in closing of loan accounts after the loan closing date.
• Follows up with EAs to resolve disbursement related issues including those raised from HQ.

Portfolio Management

• Provides input on issues relating to loan disbursements, financial management and audit for the background papers prepared for provincial projects review meetings (PPRMs) and Country Portfolio Review Meeting (CPRM).
• Participates in the PPRMs and CPRMs and takes a lead in discussing issues relating to loan disbursements, financial management and audit. Also follows-up with concerned EAs to ensure implementation of agreed actions relating to these areas.
• Follows up with the Department of Auditor General regarding timely submission of audited reports to ADB.

Training/Workshops/Seminars

• Acts as a resource speaker during the sessions on loan disbursements, financial management and audit at PRM’s and/or Controller’s Department’s Loan Disbursement workshops/seminars.

Supervision of the DU

• As an alternate, manages and coordinates the activities of PRM’s Disbursement Unit in the absence of the DU’s Head.
• Acts as Releasing Officer for all approved pipeline disbursements processed by PRM in the absence of the DU’s Head.

Others

• Follows up with the Government regarding issues relating to loan service payments and loan accounting.
• Performs any other tasks assigned by the Country Director, PRM.

EDUCATION REQUIREMENTS:

• Bachelor’s degree in Business Administration, Accounting or Commerce. Preferably a professional accountant (ACA or CPA) or advanced degree in Business Administration.

RELEVANT EXPERIENCE AND OTHER REQUIREMENTS:

• Suitability to undertake the responsibilities mentioned above at the required level.
• Minimum of 5 years experience in financial accounting and knowledge of public sector accounting systems/procedures.
• Thorough knowledge of implementation and disbursement policies of international development finance institutions is desirable.
• Good knowledge of project implementation and loan disbursement issues specific to Pakistan is desirable.
• Personnel management and budget skills.
• Ability to work independently and good supervisory skills.
• Complete familiarity with accepted best practices of procurement and disbursement processes.
• High level of written and oral communication skills in English.
• Ability to plan and organize his/her own work; good analytical and conceptual skills.
• Adequate computer literacy, and an ability to produce professional outputs (reports, memos, etc.) often within limited time.
• Familiarity with local languages and institutions.

CORE COMPETENCIES:

• Technical Knowledge and Skills
- Can give help and advice to others based on their specialist area of knowledge and skills 
- Uses technical knowledge and skills to complete complex work 
- Uses technical knowledge and skills to improve work systems
• Client Orientation
- Works to meet needs of clients according to ADB policy
- Communicates often with clients and seeks to understand and anticipate their needs
- Adapts own style to suit client preferences
• Achieving Results
- Find ways to reduce time and cost of completing work
- Monitors work and progress and makes improvements
- Works with others to overcome problems and find alternative ways to complete work when necessary
• Working Together
- Provides practical support and encouragement for team members
- Encourages team members to work together and benefit from diversity in different views, culture, nationality, and gender
- Sets priorities for the team and ensures they are followed through
• Learning and Knowledge Sharing
- Learns new skills and knowledge and applies them
- Continuously finds new solutions to problems
- Leads the team in sharing knowledge and expertise

IMMEDIATE REPORTING RELATIONSHIPS:
Country Director or a Staff designated by the Country Director

IMPORTANT INSTRUCTIONS:
The Asian Development Bank’s vision is a region free of poverty. Established in 1966 and headquartered in Manila, Philippines, ADB’s multicultural staff come from over 50 member countries. The advertised position is a local staff position with a local remuneration package. It is open only to persons who are nationals and residents of Pakistan. While the position advertised is for the Pakistan Resident Mission (PRM). ADB staff must be prepared to serve in any location outside the Resident Mission at the discretion of Management.

Interested applicants should quote Ref. No. EXT-NO-09-006-PRM and job title and submit their curriculum vitae not later than 25 October 2009 to:

Country Director
ASIAN DEVELOPMENT BANK – PAKISTAN RESIDENT MISSION
Overseas Pakistanis Foundation Building
Sharah-e-Jamhuriyat, G-5/2, Islamabad
GPO Box 1863, Islamabad, Pakistan
E-mail: adbprm@adb.org

An electronic application form is available at www.adb.org/Employment/appform.asp.
Women are actively encouraged to apply.

Applications lacking the job reference number and job title or using the wrong e-mail address will not be considered.

Accountant:

• The incumbents should have a proper and accredited accounting education with several years post education experience preferably working with large organizations
• Excellent communication and computer skills are mandatory
• All incumbents should be hardworking, committed, dedicated, clear minded and self-motivated possessing high integrity, ethical dynamism and a high sense of responsibility

Interested candidate should email their detailed resumes to financejobs63@yahoo.ca Closing date: October 15th 2009

We are an equal opportunity employer, women and visible minorities are encouraged to apply.

Applications are invited for:

Administrative & Finance Assistant

The position is based in Ministry of Women Development and located in Islamabad.

Detailed terms of reference are available on the UNDP Pakistan website: http://jobs.undp.org.pk. Applications need to be sent online through the aforementioned website by 1st March, 2009.

Equally qualified women are encouraged to apply.