Finance Executive - Banking Operations

Jubilee Life Insurance is looking for:

Title: Finance Executive – Banking Operations (Karachi)

Department: Finance & Accounts

Job Category:

Permanent (Entry Level)

Location: Karachi

Education: Minimum Bachelors in Finance or Equivalent qualifications

Experience:  0 to 1 Years of Relevant Finance Experience

Job Responsibilities

• Updating cash balances daily.
• Correspondence with banks for Bank statements, account status andother matters
• Preparing letter for fixed income settlements, fund transfer and RTGS
• Checking execution of cheques, fund transfer and RTGS through bank statement and online portal
• Co-ordination and consistent follow-up with banks daily for various operational matters
• Booking AP on financial Oracle (AP Module) for fund transfer & RTGS
• Preparing Letters for Investment Settlements
• Dealing with banks and communication to ensure all investment Deals are settled timely
• Recalculation of Profits received on Saving Accounts
• Other operational tasks as assigned by line Manager
• Preparation of letters for Fixed Income Settlements
• Co-ordination with banks for Fixed Income settlements
• Preparing Cash Position, Assist with liquidity Management
• Overseeing Inter-fund Transfers and their execution
• Overseeing all Banking compliance
• Managing Updated records of Authorized Signatories Compliance Information
• Recalculation of DPA Account Profits to ensure profits credited as per Rates.

Requirements:

• Minimum Qualifications Must be Graduate completion in Finance
• Proficiency in MS Office (especially in MS Excel & MS Word)
• Proficient in effective coordination and follow-ups
• Strong communication and interpersonal skills
• Experience of using ERP
• Awareness of Banking Instruments
• Prior experience of back-office treasury will be preferred

 Applications received which do not fulfill the above requirements will not be considered.