Job Description

RECRUITMENT OF CHIEF FINANCIAL OFFICER (CFO) FOR PUNJAB & SIND BANK(PSB) ON CONTRACT BASIS

LAST DATE OF ONLINE REGISTRATION OF APPLICATION : 28.07.2023

The Punjab & Sind Bank invites Online Application of CHIEF FINANCIAL OFFICER (CFO) on Contractual basis. Eligible candidates (Citizen of India only) may apply online through the link below:

https://psbjobs.tnmhr.com Or https://punjabandsindbank.co.in/content/recuitment

Post - CHIEF FINANCIAL OFFICER (CFO)

Nature of Engagement - Contractual

Age as on 31.03.2023 - Maximum 55 years

Selection Process - Shortlisting, Document Verification, Personal Interview and CTC Negotiation

Place of Posting - Delhi or at any places as may be decided by the Bank

Mandatory educational qualifications: He/ She should be a qualified Chartered Accountant.

Post-Qualification Experience as on 31.03.2023 : Fifteen years in overseeing financial operations, preferably accounting and taxation matters, in Banks/ large corporates/ PSUs/ FIs/ Financial services organizations of which 10 years should be in Banks/ FIs (of which five year should be at Senior Management Level i.e AGM/ DGM or equivalent)

JOB DESCRIPTION OF CHIEF FINANCIAL OFFICER:

The Primary responsibility of Chief Financial Officer will be accounting, budget planning & control, cash management, strategic planning, treasury, ALM and Tax handling functions.

The Chief Financial Officer will direct all finance related strategies, initiatives and activities for organization- wide financial accounting and reporting. The CFO will be responsible for directing overall financial policies.

A brief job description for CFO role would include:-

•Oversees all financial functions including accounting, budget, credit, insurance, tax and treasury.

•Designs and coordinates a wide variety of accounting and statistical data and reports.

•Monitoring and review of finance and treasury policies, procedures and practices in line with international accounting standards, legal requirements and industry best practices.

•Ensuring prudent management of the Bank's cash flow and associated financial risk exposures.

•Demonstrates expertise in a variety of fields’ concepts, practices and procedures.

•Reporting to Audit Results as per SEBI requirement.

•GST and TDS Compliance.

•Implementation of IFRS/IND AS in the Bank.

•Ensuring the timely completion and submission of financial and statistical reporting for management and regulatory agencies.

•Informing and advising senior management on the organizations financial condition.

•Responsible for strengthening the financial framework and controlling the expenditure of Bank.

•Working with senior management in setting annual financial goals and targets for organization.

•Tracking, reporting and managing the overall financial performance.

•Relies on extensive experience and judgment to plan and accomplish goals.

•Any other assignment as given by higher authorities from time to time.

•Develop and maintain a business Continuity Plan.

TENURE : The period of engagement shall be initially for a period of three years. Depending upon the need, the period of engagement may be extended for further period of two years as decided by the Bank after review of performance.

REMUNERATION : The compensation and terms & conditions will be negotiated/ finalized depending upon the suitability of the candidate.

T&M Services Consulting Pvt Ltd is empanelled as HR Consultant for the Punjab & Sind Bank.

For any Query Mail on hr.07@tnmhr.com or Call on 022 40297385 / 9920213915.

About Company

All Jobs posted by: Punjab & Sind Bank (PSB)