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Directorate of financial risk analysis and forecasting

in General Kabul ,Afghanistan Apply Before: September/30/2023

Opportunity Details


Degree

Bachelor

Language Requirement

Dari,Pashto,English

No. of Opportunity

1

Field of study

General

Gender

Male

Duration

1 Years

Vacancy Number

082

Job Description:

Analyzing and predicting financial risks (budget pressures) and overseeing the activities of the Financial Risk Analysis and Prediction Team in compliance with established processes and procedures.

 

Job Requirements:

Qualifications and Responsibilities

 

Specialized Tasks:

Analyzing and predicting financial risks, including financial shocks, major fluctuations in global commodity prices, significant losses in government companies and other economic entities, and potential debts from public and private partnerships, companies, and government banks.

Utilizing financial risk models to predict the total balance sheet, estimate potential debts, major economic shocks, and forecast stress tests.

Preparing and organizing analytical reports and annual risk predictions for companies and government banks and presenting solutions annually in official languages and, if necessary, in English.

Providing recommendations to relevant authorities regarding the economic and social outcomes of financial risks.

Identifying, analyzing, and providing recommendations to reduce risks related to revenues and expenditures.

Participating in the development and revision of key financial policy documents, including medium-term financial frameworks, economic outlooks, and financial strategy documents for accurate and improved resource allocation for the national budget.

Strengthening communications with the Financial Risk Analysis and Prediction Directorate by establishing working groups and joint research.

Reporting on risk analysis, trends, and sector-specific risk profiles to the relevant department for better decision-making.

Management and Executive Duties:

Developing monthly, quarterly, and annual work plans based on the financial risk analysis and prediction plan to achieve objectives.

Preparing and organizing monthly, quarterly, and annual reports and, when necessary, presenting the results of reports to inform relevant authorities about progress and achievements in the respective areas.

Ensuring transparency and accountability in the department's operations to achieve the necessary goals.

Identifying and recommending employees for training programs to enhance their capacity.

Managing and caring for employees under supervision to ensure their growth, motivation, and education.

Exploring and transferring professional skills through workshops, seminars, and on-the-job training.

Executing other duties related to the position as assigned by competent authorities in accordance with the laws, regulations, and goals of the Ministry.

Coordination Duties:

Coordinating with other government agencies that have a direct connection with the activities of the Financial Policy Directorate to improve administrative affairs.

Establishing and strengthening effective and timely working relationships with various departments to better organize and execute assigned tasks.

Employment Conditions (Educational Level and Work Experience):

This job description has been prepared in accordance with Articles 7, 8, and 34 of the Civil Service Law, taking into account the following conditions and criteria:

 

Educational Qualifications: Minimum bachelor's degree in fields such as economics, public policy, business administration, public administration, taxation, and related fields. Higher academic degrees in these fields are preferred.

Work Experience: Minimum of two years of relevant work experience.

Required Skills: Proficiency in one of the official languages (Pashto or Dari) and familiarity with English. Strong analytical and mathematical skills, and proficiency in computer programs related to the job, especially E-Views, Excel, and Access.

 

Submission Guideline:

Interested candidates who meet the requirements can send their CV along with their application to the following email address.

 

Note: Please make sure to mention the job title in the email subject and do not attach educational documents.

 

Submission Email:

latif.motalbi@mof.gov.af

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Company Detail

The General Directorate of Financial and Economic Policy plays a pivotal role in guiding economic and financial decisions, acting as the government's financial advisor. They contribute to shaping policies, ensuring their effective implementation, and modifying how public funds are managed.

 

Annually, this team assembles the Financial Strategy Document, akin to a roadmap, providing a blueprint for how the government will manage its finances, including income and expenditure, in the upcoming year. They determine the financial targets for various government departments, based on their assessments of the economy, available opportunities, and resources.

 

Additionally, they engage in financial forecasting, attempting to anticipate the resources required to meet the government's medium-term commitments, which is invaluable during budget preparation. Should you ever require financial guidance, particularly regarding taxes and expenditure, these experts are at your service. They also disseminate comprehensive financial reports, offering a breakdown of revenue sources and expenditures. Their primary aim is to assist the government in making well-informed financial decisions.

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