Senior Manager Employee Funds

at Habib Bank Limited
Location Karachi, Pakistan
Date Posted January 17, 2021
Category Banking / Financial Services Jobs in Pakistan
Job Type Full-time
Education Requirement Bachelors/Masters
Career Level Entry Level
Experience 1 Year
Base Salary Competitive Salary
Street address Karachi

Description

Senior Manager Employee Funds - (200002KX)
Description

 

RESPONSIBILITIES:

  • Responsible for development e2e funds management system
  • To ensure that data in applications/systems is all time accurate in terms of members and recipients of defined benefits i.e. Pension Fund & Benevolent Fund.
  • To update the system as and when survival certificate is received from recipients.
  • To reconcile the contributions as and when received.
  • To arrange timely disbursement of monthly Pension/Benevolent Fund Grant.
  • To arrange timely disbursement of arrears, if any upon receipt of survival certificate.
  • To process final settlements accurately and timely.
  • To process Fair Value of Pension/Benevolent Fund upon receipt of verified requests.
  • To recover excess payments made out of defined benefit plans due to late intimation is received from deceased member.
  • To timely update the system for payments to family members
  • To timely arrange updating the bank account details through CPD
  • To keep the system updated of all transactions.
  • To monitor and manage liquidity of the funds and suggest availability for investment and period of investment.
  • To timely respond all queries related to defined benefit plans
  • To prepare Trial balance and reconciliation of defined benefit plans.
  • To prepare annual accounts and timely responding auditors queries for closure
  • Preparation of monthly reconciliation of bank and payments. Track funds level expenses, accruals, Audit fees, Consultant fees and other related fees and promptly researching and correcting any variances.
  • To ensure that SOPs and Process Flow (COSO) are accurately updated and maintained at all times.

 

Qualifications

 . 

Primary Location

: PK-SD-Karachi

Work Locations

: 

7001-HBL Annexe 
Hasrat Mohani Road 
 Karachi 
Function: Human Resources
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