Unit Head – Budget (AVP / VP)

National Bank of Pakistan, 'The Nation's Bank', aims to support the financial well-being of the Nation along with enabling sustainable growth and inclusive development through its wide local and international network of branches. The Bank is looking for talented, dedicated and experienced professionals for the position of Unit Head – Budget (AVP / VP) in the area of Risk Management. This is a 3-year contractual position that may be renewed at the discretion of the Management, based at Karachi.

Key Responsibilities

• • Lead the budgeting function for both operating expenditures (OPEX) and capital expenditures (CAPEX) for the group
• • Ensure effective financial planning, control and reporting in line with organizational objectives and regulatory requirements
• • Review the monthly MIS of expenses related to OPEX and CAPEX
• • Supervise in the preparation of the annual budget in coordination with relevant divisions within the Group
• • Coordinate with the Finance Department to reconcile and rectify incorrect expense entries against the approved budget
• • Monitor and reconcile the actual expenditure statements and provide monthly / quarterly utilization and variance reports to Management
• • Ensure that expenses during the year are in line with the approved budget
• • Lead and reconcile records of dead stock and fixed assets in coordination with all stakeholders
• • Perform any other assignment as assigned by the supervisor(s)

Requirements

• ✓ Minimum Graduation or equivalent from a local or international university / college / institute recognized by the HEC of Pakistan
• ✓ Master's degree in Finance or Accounting (preferred)
• ✓ Minimum 6 years of experience in Banking and / or Financial Institution
• ✓ At least 3 years of experience in Finance and / or Budgeting and / or Administration
• ✓ Exposure of managing departmental Budget (preferred)
• ✓ Exposure of managing fixed assets (preferred)
• ✓ Exposure of managing dead stocks (preferred)
• ✓ Good Communication Skills
• ✓ Good team player with ability to prioritize and accomplish tasks
• ✓ Strong command of Microsoft Office Suite (MS Excel, Power Point, Word & Visio)
• ✓ Strong understanding of Departmental budgeting and Fixed assets / deadstock management

Skills & Expertise

What We Offer

• ✓ 3-year contractual position (renewable at Management discretion)
• ✓ Compensation package as per Bank's policy
• ✓ Benefits as per Bank's policy / rules
• ✓ Opportunity to work with a leading Pakistani bank
• ✓ Professional growth in risk management and financial planning
• ✓ Contribution to National Bank's financial governance and compliance