Assistant Manager Accounts Islamic Banking

18 hours ago

Islamabad, Islamabad, Pakistan ACCA Careers Full time

The AM Accounts - Islamic Banking will assist in the computation and distribution of profit and loss to depositors, the tracking and movement of financing/investment assets, and the allocation of income and expenses. This role requires strong attention to detail, the ability to collaborate with different teams, and a willingness to learn about Islamic banking principles and practices. The position holder will also support the Shariah Compliance Department to ensure that all calculations and financial activities are accurate and compliant with Shariah guidelines.

Job Responsibilities

Financial Processing Support:

  • Assist in the accurate computation and distribution of profit and loss to depositors, ensuring that all calculations align with Shariah principles.
  • Support the tracking and movement of financing and investment assets, ensuring records are accurately updated and maintained. Asset Tagging and Management:
  • Help with tagging financing and investment assets, ensuring proper documentation and alignment with financial records.
  • Assist in monitoring the movement of assets and provide updates to senior team members as needed.

Income and Expense Allocation:
  • Support the periodic allocation of income and expenses, ensuring that allocations are accurately recorded in compliance with internal policies.
  • Assist in preparing and reconciling financial data for reporting purposes. Collaboration with Shariah Compliance:
  • Assist the Shariah Compliance Department in reviewing calculations related to profit distribution and ensuring Shariah compliance.
  • Help audit and verify calculations to ensure that all financial operations meet the required standards.

Team Support
  • Provide general support to the team, assisting with day-to-day operations and helping complete tasks within set deadlines.
  • Participate in team meetings and contribute to discussions, learning about Islamic banking practices and improving knowledge of processes.

Process Improvement
  • Help identify and recommend process improvements to streamline daily tasks and increase operational efficiency.

Ad Hoc Tasks
  • Assist with other tasks and assignments as directed by management, contributing to the overall success of the Islamic Banking team.

Job Requirement

Job Requirements
  • Education: ACMA/ACCA/CA finalist/ MBA Finance/ MCom/ Islamic Banking Certification
  • Experience: Minimum 1-2 years' experience in Islamic Banking pool Management

Soft Skills
  • Skills of M.S. Office Excellent communication, and analytical skills
  • Strong interpersonal skills and stakeholder management
  • Excellent adaptability and teamwork skills
  • Ability to work in a fast-paced and dynamic environment.

Statements in this document are intended to reflect, in general, the role and responsibilities of the position, but are not to be interpreted as totally inclusive.
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