Punjab Provincial Cooperative Bank Limited Work Values

Daily Duties at Punjab Provincial Cooperative Bank Limited:

Reporting to the President of the Bank Member of the Management Committee Monthly management reporting with analysis and commentary, calculation of important ratios: i) cost of funds, deposits and borrowings; ii) yield on advances, investments and total yield. iii) Profitability and Balance Sheet Ratios Weekly Reporting of the Bank’s position showing deposits, advances and various investments with the financial and non-financial institutions. Budget preparation and monitoring Coordination with External auditors for the annual audit and half yearly review of the Bank Preparation of the Bank’s Quarterly, Half yearly and Yearly Statutory Accounts of the Bank Writing the President’s Review/Report (in connection with the Bank’s half yearly and yearly accounts) on behalf of the President Overall Supervision of the Accounts Department Member of Asset, Liability Committee (ALCO) and Secretary. Writing of minutes, preparation of agenda and relevant information, circulation to members. Supervision of Treasury Function as well which involves placement of funds with financial institutions, monitoring liquidity as well as monitoring of statutory liquidity to be maintained with the central bank as well. Review of daily, weekly, monthly, quarterly, half-yearly and yearly reporting to the Central Bank Review of Inter Branch reconciliations on a bank wise basis in an effort to reduce outstanding entries. About 30 people reported to me. Initiation of new MIS Reports • Member of the Management Committee • Management reporting with analysis and commentary. • Budget preparation, and monitoring • Coordination with External auditors and regulatory authorities • Overall Supervision of the Accounts Department • Member of Asset, Liability Committee (ALCO) and Secretary.Writing of minutes, preparation of agenda and relevant information, circulation to members. • Supervision of Treasury Function as well which involves placement of funds with financial institutions, monitoring liquidity as well as monitoring of statutory liquidity to be maintained with the central bank as well. Sending Instructions to branches for passing quarterly, half yearly and yearly entries within a prescribed framework of time for efficient closing. Reviewing and ensuring passing of monthly, quarterly, half yearly and yearly entries within a prescribed framework of time for efficient closing at the Head Office Preparing information for Auditors as per their request. Effectively analyzing and reconciling balance sheet accounts & resolving any reconciling issues in a timely basis.

What they like about Punjab Provincial Cooperative Bank Limited:

Working in an organization that is technologically advanced, creative, and innovative is critical in your assessment of hiring companies. Less important to you are stability of the organization, the length of time an organization has been in business, and the business' plans for the future. You prefer a fast-moving company that will take risks to achieve its goals and objectives. The length of time the company has been in business is irrelevant. Maintaining status quo is unnecessary. You thrive on change, uncertainty and the upside of potential business risks, especially those associated with innovation. Stability for the long haul is not nearly as important as is working in an atmosphere that is charged with a sense of urgency and constant change.

Tags

Audits, Budgeting, Cost, Financial Statements, Internal Controls, Payroll, Reporting, Cost Accounting, Financial Analysis, Expense Control, Strategic Planning, Team Leadership, Motivation, General Ledger, Process Improvement, Recruiting, Procurement, Purchasing, Policy Development, Fixed Asset Inventory, Investment, Client Relations

Skills

Full Cycle Financial Management

These are some of the questions we asked our climbers about their experiences with Punjab Provincial Cooperative Bank Limited: