Prime Commercial Bank Limited Work Values

Daily Duties at Prime Commercial Bank Limited:

• Member of Asset Liability Committee (ALCO)and Secretary. Writing of Minutes & Preparation of Agenda and Relevant information and circulation to members • Member of Central Operations Committee. • Preparation of Five Years Plan for the Bank. • Preparation of quarterly, half yearly and annual financial statements. • Management reporting with analysis and commentary. • Budgetary exercises and monitoring • Coordination with External auditors and regulatory authorities • Preparation of information and presentation to the board • Custodian of accounting manual of the Bank. • Presented the bank as a member of Pakitan Banking Association sub committee on Accounting and Taxation. • Accounting system development and updation. • Taxation • Assisted the CFO at Board Meetings. Reporting to the Chief Financial Officer Member of Asset Liability Committee (ALCO)and Secretary. Writing of Minutes & Preparation of Agenda and Relevant information and circulation to members Member of the Management Committee of the Bank Member of Central Operations Committee. Preparation of Five Years Plan for the Bank. Preparation of quarterly, half yearly and annual financial statements. 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 Preparation of quarterly, half yearly and yearly operational reviews for the Board Writing of the quarterly, half yearly and yearly Director’s/Chairman’s Reviews in relation to the respective statutory accounts Budgetary exercises and monitoring Coordination with External auditors for the Banks half yearly review and annual audit Coordination with the Central Bank Inspectors in relation to the yearly inspection of the Bank Preparation of information and presentation to the board Custodian of the accounting manual of the Bank. Presented the bank as a member of Pakitan Banking Association sub committee on Accounting and Taxation. Accounting system development and updation. Prepared a presentation for the Board for the issuance of Term Finance Certificates to be used as a Tier II Capital so as to make the Bank compliant in terms of its Capital Adequacy Ratio as per Basel II 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. Overall supervision of the Accounts Department No of staff reporting to me - 7

What they like about Prime Commercial Bank Limited:

Working for a company with an emphasis on social values and helping society is a clear and important priority for you - a critical factor in who you choose to work for. In contrast to other factors, you place an organization's reputation for fairness and concern for the community above most other aspects of the company. As you search for a new job opportunity, it is usually possible to find out if the company is involved in the community and/or if it is addressing problems and issues in society. Pay special attention to non-profit organizations and those specifically involved in social action. Moreover, speaking with current and former employees should enlighten you to perceptions of the fairness of the company's leaders and the treatment of employees.

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 Prime Commercial Bank Limited: