Finance Assistant

Position Title: Finance Assistant

2025-01-06 Kabul Full Time 747

Job Location:	Kabul
Nationality:	Afghan
Category:	Banking
Employment Type:	Full Time
Salary:	As per Organization Salary Structure
Vacancy Number:	Finance Assistant ( Mb 004 )
No. Of Jobs:	2

City:	Kabul
Organization:	MaiwandBank
Years of Experience:	At least 3 years’ experience in Finance Department in (Bank / External audit firms/ NGOs or Financial Institution)
Contract Duration:	One year (With possibility of extension)
Gender:	Male
Education:	ACCA Part Qualified or At least FR, TX & AA paper must be cleared/ BBA with Major in Finance
Close date:	2025-01-06

About MaiwandBank:

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.

Job Descriptions:

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).

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.

FOR REGULATORY REPORTING & RECONCILIATIONS

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.

Job Requirements:

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

Submission Guidelines:

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.