[OTP BANK ALBANIA]

Tirane

Tipi

1. me orar te plote

Fusha | Profili i punes

1. Kontabilitet | Audit

Gjuha

1. anglisht

Eksperienca

vetem me eksperience

Job Position: Head of Accounting Sector
Department: Finance and Strategic Development
Division: Finance and Risk Management

Primary objectives:

• Prepare of Balance Sheet on monthly basis and coordinate the Unified Reporting System with Bank’s Directives and the Bank of Albania.
• Prepare Financial Statements in accordance with local rules
• Manage external auditor request in bank level
• Opening and Administration of new accounts in Delta Core System.
• Cooperate in projects and Banks new products preparing the new accounting schema.
• Approves all accounting transactions made by specialists of accounting sector or braches (in cases the transactions consist in operating expenses).
• Cooperate with Credit Risk Management Sector calculating the credit provisions according to the Bank of Albania Administration of Credit Risk Procedure.
• Follow up of the Bank’s intercourse with ASD.
• Supervision of Bank’s Intercourse with the Ministry of Finance.
• Periodic Reporting of Permanent Supervision Controls.

Operational risk objectives

• Assure timely and correct preparation of Balance Sheets and Financial Statements
• Coordinate the preparation and timely reporting to Bank of Albania of the Unified Reporting System and Obligatory Reserve.
• Follow up and assure the application of Tax Legislation, Manuals and other regulations of the Ministry of Finance, Bank of Albania and other reporting Institutions.
• Control the correct booking of transactions by the Accounting Sector Specialists.
• Timely Reporting of Permanent Supervision Controls
• Acts as an Operational Risk Correspondent, ensuring the coordination and monitoring of tasks emerging from Operational Risk Regulations and Policies for his/her perimeter within the reporting, follow-up and implementation of action plans.
• Has a proactive role in the development and maintenance of business continuity of core activities under their responsibility

Compliance and AML objectives
Acts as a Compliance Agent ensuring the coordination and monitoring of tasks emerging from Compliance and AML Policies for his/her perimeter within the reporting, follow-up and implementation of action plans
Key roles & responsibilities:
Management and Monitoring of General Accounting Processes

• Validate posting of automated entries
• Clear book keeping entries by comparison with prior events
• Explain account balances
• Follow and reconcile accounts in suspense or clearing accounts

Management and Control for Auxiliary Accounting and on Going Monitoring

• Manage Supplier accounting (payable)
• Manage Accounts Receivables (non-banking)
• Manage Fixed Assets accounting (registration, breakdown, outflows)
• Manage closing entries related to overhead expenses (Provision, VAT)

Accounting Closure Process for Financial Statements in Local

• Closed the Financial Statements as per local rules with related notes to financial statements and ensures consistency and maximum data accuracy
• Efficiently monitors and reports to CFO on the Periodic Controls on quarterly basis

Change Management

• Design Procedures on Accounting Schema and Control for new products and services
• Implements new Accounting Standards and Regulations related to accounting

Management

• Efficiently monitor the work of the accounting team, their ongoing performance and identifies strength and weaknesses of the employees under supervision

• Follow up on Expenses Accounts VAT books
• Non Deductible Expenses preparation
• Prepayments / Accruals Follow up
• Overhead Expenses Monitoring
• Accruals TB / Mandatory Reserve / calculation of Provisions
• Ensure proper control and reporting of Permanent Controls

Required qualifications

• Bachelor degree on Finance Accounting, MBA will be considered an advantage
• At least 5 years of accounting experience in similar positons
• Demonstrated accounting and BOA financial reporting experience
• Knowledge of applicable IFRS standard in banking sector
• Ability to manipulate large amounts of data
• Excellent command of English Language

Other skills

• Managerial and Decision Making Skills
• Independently working ability
• Very good communication skills
• Ability to manage teams and push them toward objective realization.

All the interested candidates should send their updated resume and motivation letter at humanresources@otpbank.al . Please note that only the shortlisted candidates will be contacted.
Deadline for applications is February 27, 2022.