Finance Director

About Medical Teaching Institution Bannu

Medical Teaching Institutions, Bannu, operates as a tertiary care hospital under the MTI Act 2015 and its subsequent amendments. The institution is currently inviting applications from Pakistani citizens for the position of Finance Director. This role is pivotal for the financial stewardship and operational integrity of the institution, ensuring compliance with all regulatory frameworks and prudent financial management.

Position Overview

The Medical Teaching Institution Bannu is seeking to fill one (01) position for a Finance Director. This is a critical leadership role responsible for the overall financial health and strategic financial planning of the institution. The position will be filled through an initial recruitment process, offering a challenging yet rewarding opportunity for a seasoned finance professional.

Qualifications and Experience Requirements

Candidates applying for the Finance Director position must meet one of the following qualification criteria:

• A Chartered Accountant (CA) with a minimum of 5 years of post-qualification experience in finance and/or accounts. This experience must include at least 3 years served as the Head of Finance/Accounts Department in a reputable private or public institution or company.
• Alternatively, candidates with an ICMAP/CIMA certification, or a BBA (Hons)/MBA in Finance or Accounts, or an M.Com/M.Sc in Economics, are eligible if they possess at least 5 years of post-qualification experience in finance and/or accounts, including 3 years as the Head of Finance/Accounts Department in a well-regarded private or public institution or company.

The maximum age limit for applicants is 55 years.

Essential Skills

Successful candidates should demonstrate the following key skills:

• Proven financial management capabilities.
• Strong understanding and application of Macro and Micro Economic/Financial Management principles.
• Excellent time management skills, with the ability to prioritize and execute tasks efficiently.
• High ability to perform effectively under stress.
• Demonstrated ability to complete assigned tasks within stipulated timelines.
• Familiarity with KPPRA (Khyber Pakhtunkhwa Public Procurement Regulatory Authority) rules.
• Excellent negotiation skills.
• Proven ability to establish and maintain strong public relations, especially with charity organizations or donors.

Main Responsibilities

The Finance Director will be tasked with comprehensive financial oversight, including:

• Coordinating and supervising all financial management and accounting aspects of the Institution.
• Preparing detailed regulations and procedures for the financial management of the institution, for approval by the Management Committee and the Boards of Governors (BOGs).
• Advising the Hospital and Medical Directors and the Dean on all financial matters to ensure transparency and fiscal probity.
• Ensuring all accounts are maintained in strict adherence to the rules and regulations approved by the Board.
• Assisting in the development of the Medical College and Hospital Budgets in collaboration with the Dean and the Hospital and Medical Directors, ensuring accurate financial projections and accounts.
• Preparing annual financial reports for the approval of the Hospital and Medical Director and the Dean, and presenting these reports to the Board of Governors.
• Facilitating internal and external audits initiated by the Board or Government, and implementing audit recommendations.
• Preparing budget books and managing their maintenance to support financial and human resource requirements.
• The Finance Director will report directly to the Hospital Director/Dean/Medical Director, with the final decision on their role resting with the Board.
• Ensuring compliance with the MTI Act 2015 and its amendments, rules, and regulations as updated from time to time.

Application Process

All interested candidates must submit their applications electronically via the official website of MTI Bannu at www.mtibannu.edu.pk. The prescribed application Performa, available on the website, must be completely filled out. Along with the filled Performa, a covering letter, a detailed Curriculum Vitae (including the names and email addresses of three professional references), and relevant educational and experience certificates are required. These documents should be sent within 15 days of the publication of this advertisement via registered mail/courier service to the Secretary Board of Governors MTI Bannu at Khalifa Gul Nawaz Medical Teaching Institution Bannu. A non-refundable application processing fee of PKR 3000/- must be deposited into Account No. 3003978558 (IBAN: PK54KHYB52050003003978558) at Bank of Khyber, IBB KGNTH MTI, Branch Code 5205, in the name of 'Hospital Director, Khalifa Gul Nawaz Hospital, Medical Teaching Institution MTI Bannu'. Please note that cheques or pay orders will not be accepted. The position is offered on a contract basis for an initial period of 03 years, extendable for another two terms of 03 years each at the discretion of the Board. Candidates currently employed in Government/Semi-Government organizations must apply through proper channels. Incomplete applications will not be considered, and only short-listed candidates will be contacted for interviews. The Board of Governors reserves the right to cancel or re-advertise the position. No TA/DA will be provided for interviews. MTI Bannu is an equal opportunity employer and encourages women to apply, fostering a gender-friendly environment.

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