JOBS AT GOVERNMENT OF SINDH FINANCE DEPARTMENT

GOVERNMENT OF SINDH FINANCE DEPARTMENT

Vacancy Announcement

Finance Department Government of Sindh invites applications from the interested candidates (Pakistani nationals) for the following position purely on contract basis under MP-I Scale, "Sindh Management Position Scales Policy 2022".

Position

Debt Management Specialist- Debt Management Unit (One Position)

Education Qualification & Experience

MBA (Finance) / M.Sc. (Finance)/CFA/CA from a HEC recognized University with 10 years' experience OR preferably Ph.D in relevant subject(s) with at least 06 years' experience gained in government or international organizations, in one or more of the following areas:

·         Public debt policy including debt management strategy formulation and implementation;

·         Risk management frameworks and financial analysis;

·         Market knowledge related to development of domestic debt market and functioning international capital market;

·         The ability to use output from the framework for debt analysis to guide the formation and implementation of debt management policy and strategy;

·         Clear understanding of inter linkages between debt management and macroeconomic policy, including fiscal and exchange rate policies for the implementation of debt strategies including liability management operations;

·         Advance quantitative skill supporting debt analysis;

·         Wiring analytical and advisory reports and past record in authoring publications.

·         Age Limit: (Less than 63 years on the date of advertisement) Maximum service age:65 years

Job Description

To be responsible for overall coordination with all relevant Federal and Provincial Government Department / agencies that come under the ambit of Government of Sindh's Debt Management.

To be responsible for examination of all loan documents and to provide technical inputs therein with respect to financial implications.

To be responsible to formulate sound policies and medium- term debt management strategy (MTDS) with objectives of improving realism and sustainability of the budget, strengthening debt management functions (forecasting, financial analysis and payment management) covering both external and domestic debt, and linking them to budget formulation and execution, as designated under the Public Financial Management (PFM) Reform Strategy of the Government of Sindh.

To provide detailed strategic recommendations, technical advice, and on-the-job training to departments/units concerned to strengthen integrated public debt management functions, based on a thorough review of prevailing practices in Sindh and on account of international best practices.

To provide assistance to Finance Department in further enhancing institutional and capacity development of Debt Management Unit.

To provide assistance in strengthening "middle office" functions.

To prepare implement a training plan in debt sensitivity analysis; risk management analysis for middle office staff and enhanced use of a specialized debt database.

To do periodically review legal framework of debt management and public debt management any other tasks required.

Recruitment shall be made as per Sindh Management Position Scales Policy, 2022, issued by Services, General Administration & Coordination Department, Government of Sindh vide Notification No. SOII(SGA&CD)6-32/2021 dated:29-12-2022.

The appointment of each position will be on contract basis initially for a period of (02) two years which is further extendable for a period of (02) two years only on annual basis subject to satisfactory performance, and subject to maximum service age of 65 years.

MP-I Scale salary package would be offered to the successful candidate.

Applicants (s) already in service, should apply through proper channel alongwith NOC from the competent authority of their present organization(s)

Only shortlisted applicants shall be called to appear in written test/interview and no T.A / D.A will be admissible in any case.

The last date for submission of application is 26th December, 2023.

Interested candidates may apply under a covering application along with an up-to-date CV, attaching 1 passport size photograph, attested copies of degrees, testimonials, experience certificates, Matriculation certificate as proof of date of birth, CNIC, complete residential address and valid contact number. Applications complete in all respect (in sealed envelope) should reach before closing date to Office of Section Officer (Admn-1), Room No.169 Finance Complex, A.K. Lodhi Block, Finance Department, Sindh Secretariat Karachi. The particulars as above could also be submitted at email: soadmin1@finance.gos.pk till 26th December, 2023.

SECTION OFFICER (ADMN-I) 

FINANCE DEPARTMENT GOVERNMENT OF SINDH