Job Description:

Afghanistan International Bank (AIB), a commercial bank incorporated in Afghanistan and managed according to international best practices is looking for an experienced Chief Financial Officer for its Head Office in Kabul.

This position has overall responsibility for the bank’s financial operating results. It prepares, presents and interprets financial reports for management, Board of Directors and governmental authorities. It recommends action and counsel’s financial management on control and profitability. It participates in setting strategic direction and determines areas for profitability and cost benefit analyzes.

The position allows the successful candidate to be part of the senior management team of the bank and play a major role in its continued development.

Chief Financial Officer is responsible for the:

? Asset/Liability management.

? Financial planning

? Budgeting and forecasting

? Profitability analysis and reporting

? Internal/external financial reporting

? Financial management support for all depts/units

1. Works with other executives from the bank to develop plans and implement programs to continuously improve performance.

2. Oversees the asset/liability management program for the bank. The CFO works closely with the bank?s management to develop specific guidelines for asset/liability management.

3. The CFO participates extensively in the strategic planning process and leads the budgeting and forecasting processes of the Bank. The CFO builds a strong financial discipline and accountability foundation for budgeting and forecasting. For strategic planning, it is expected that the CFO will play a key role in the development of AIB?s strategic plan updates.

4. He/She works closely with the COO and departmental heads to identify and drive appropriate growth strategy, financial analysis and due diligence to enable the Bank to reach its strategic goals.

5. The CFO specifically ensures that resources, direction and internal controls and financial processes exist to achieve timely and accurate reporting of all financial matters to internal and external parties.

6. He/She works closely with the Bank?s external auditors and meets, as appropriate, with representatives from the Central Bank (DAB) and other regulatory authorities.

7. The CFO plans, directs and coordinates the implementation of effective accounting and financial administration policies, procedures and reports to ensure sound financial management and control of the Bank.

8. He/She prepares, presents and interprets financial reports to management, Board of Directors, shareholders and governmental authorities. He/she directs the preparation of all fiscal reporting, such as cost accounting, budgets, regulatory authorities and government reports.

9. He/She safeguards the assets of the company, directs the activities of the financial management/accounting department, and contributes to the achievement of corporate growth and profit objectives.

10. Financial management and leadership, forecasting, budgeting, margins, and variance management.

11. Profit improvement, productivity and efficiency.

12. Revenue growth and expense management.

13. Evaluation of business expansion opportunities.

14. Treasury: non-core investments and funding, A/L, capital and liquidity management, pricing.

15. Accounting, internal and external reporting, accounts payable and fixed assets.

16. Tax management.

17. Develop and prescribe adequate financial procedures to provide the basis for management decisions and control.

18. Maintain the Bank?s accounting system.

19. Determine that all expenditures are properly approved and justified.

20. Perform other duties as defined.

- Master degree in Accounting and Finance.
- Minimum 10 years experience directly related to Accounting/Finance in a commercial bank where at least 5 years must have been in managerial capacity (CFO) in a commercial bank.
- Fully functional with all aspects of financial and cost accounting, reporting, MIS, payroll and MS Excel.
- Excellent analytical, creativity and problem solving skills.
- Posses good presentation and organizational skills.
- Strong communication skill in English.

To Apply:

hr@aib.af