Job Description
The CFO will head the Finance & Account Department of the Bank, and is accountable for delivering superior financial, assets liability and profitability management at Bank level along with reporting accurate financial performance of the Bank. The incumbent will also spearhead the Bank's long term strategy in close coordination with business ensuring Bank's long term strategies are closely aligned with business strategy and performance through development of financial and operational strategy metrics tied to the strategic goals.
Key Accountabilities:
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Primary Role of planning, devising & evaluating financial strategy of the Bank and act as advisory for long term strategic goals.
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Strengthening the Bank's Management Information System (MIS) enabling the Bank's senior management to take right business decisions.
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Plan capital requirement as per the Bank's long term strategy and ensuring optimum allocation of capital funds and maximizing returns on capital employed.
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Preparation of annual Strategic Financial Plan, monitoring and periodic review of Bank's performance.
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Plan corporate taxation and tax strategies.
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Assume responsibility of market intelligence unit and deliver quality research reports on competitors, markets, products, etc.
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Adoption of best international financial management practices.
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Actively lead the management of the bank’s spread in order to attain desired profit goals.
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Ensure effective cost management in all areas of the Bank.
Minimum Criteria:
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Must have Master’s degree in Finance or equivalent degree from a recognized University. Having Chartered Accountancy/ Chartered Financial Analyst/MBA qualification from a recognized institution will be preferred.
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Minimum of ten years of banking experience, and at least five years of experience in senior management level with sound exposures in financial management, market intelligence, strategy formulation and implementation.
Required Knowledge & Skills:
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In depth knowledge of Banking, Income Tax, Companies Act, and allied laws
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Determining/Analyzing how a system should work and how changes in conditions, operations, and the environment will affect outcomes
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Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions
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Able to prepare strategic plans and other periodical plans of banking sector
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Should have experience in partnering with an executive team, and have a high level of written and oral communication skills.
Apply Instructions
Only shortlisted candidates will be called for further selection process. The Bank reserves the right to reject any application without assigning any reason whatsoever. Canvassing at any stage of the process will lead to automatic disqualification.
This Job is expired. The Company is no longer accepting applications for this position.
