Manager Treasury

Report to: Chief Financial Officer
Location: Islamabad
Application deadline for the position is December 13, 2022


About Us

Karandaaz (KRN) believes that every Pakistani deserves to be Financially Included and Economically Empowered. Our mission at Karandaaz is to foster economic growth and create jobs through financial inclusion of unbanked individuals and unserved enterprises.

Karandaaz Pakistan is a not-for-profit organization, based out of Islamabad, registered with the Securities and Exchange Commission of Pakistan under Section 42 of the Companies Act 2017. We are supported by Foreign, Commonwealth & Development Office (FCDO) and Bill and Melinda Gates Foundation (BMGF). Karandaaz is governed by an eminent board who set the strategy of the organization and steer it towards achievement of its objectives.

Position Summary

The Manager Treasury will ensure efficient day-to-day treasury operations and be responsible for Cash Management, FX Dealing, Cash Forecasting and ensuring sufficient funds are available to meet ongoing operational requirements.

Job Description

  • Explore short-term investment opportunities including term deposit placements in order to maximize returns to achieve sustainability of the organization
  • Assist the CFO in establishment of Escrow Accounts including review of escrow agreements, negotiations on escrow fee and deposit rates etc.
  • Prepare comparative analysis to seek best deposit rates from the panel of financial institutions approved by the Treasury Committee
  • In order to maximize returns, ensure surplus funds are placed on deposit rates earlier approved by the Treasury Committee.
  • Prepare treasury reports by collecting, analysing, and summarizing information and trends.
  • Liaison with authorized dealer (intermediate bank) and the regulator (SBP) to ensure smooth handling and processing of all international remittances.
  • Daily updation of bank report by capturing all bank accounts for onwards sharing with the CFO
  • Assist the management in digitalization of end-to-end payment process.
  • Prepare profitability reports on monthly basis to ensure profits credited by the banks are aligned with agreed deposit rates
  • Maintain relationships with financial institutions to ensure smooth accomplishment of tasks
  • Any other task necessary to ensure the optimum performance of the Finance department


A preferred candidate will need to have:

Education & Experience

  • Masters’ Degree in Finance or MBA/ACCA/Part-qualified Chartered Accountancy
  • 5-7 years of experience in the field of Treasury Management

Knowledge, Skills & Abilities

  • Understanding of a not-for-profit organization
  • Understanding of the financial sector and an appetite to learn more
  • Awareness and understanding of the wider business, economic and market environment in which Karandaaz Pakistan operates.
  • Knowledge of reputable financial MIS such as SAP, Oracle, Dynamics.
  • Well-versed with the updates in foreign exchange and Operations Manual released by the State Bank of Pakistan (SBP)
  • Intermediate level skill in Microsoft Office (Excel, Word, PowerPoint) and Google Suite
  • Time management skills
  • Planning and organization skills
  • Customer-centricity
  • Relationship management
  • Attention to detail
  • Ability to handle high-pressure situations
  • Ability to meet deadlines while handling multiple tasks at the same time
  • Ability to work with a diverse team of people

Culture and Values at Karandaaz

Karandaaz Culture is guided by our values of Innovation, Collaboration, Accountability, Respect and Equity (ICARE). These values shape our choices on what we do and how we do it, both with colleagues internally and partners externally. We also believe that we are all responsible for creating a great place to work and are constantly looking to hire individuals who bring the same level of passion and commitment to the purpose of the organization.

If you believe in the Karandaaz vision and values and feel excited about the work we are offering, please send us your application for this position at clearly mentioning the position title in the subject line.

Karandaaz is an equal opportunity employer and encourages applications by all population groups

Copyrights © 2024 Karandaaz Pakistan
Non-profit company registered under Section 42 of the Companies Act, 2017