Based on Article 21 of the Law on Public Enterprises, related to Article 17 (Law no. 03/L-087, date: 13.06.2008, amended and supplemented by Law no. 04/L-111 (Articles9 and 13) date: 20.04.2012; further in the text: Law no. 03/L-087) and the decision dated 24.11.2022 no. prot. The Board of Directors of the Public Enterprise Railway Infrastructure of Kosovo (Infrakos Sh.a.) announces:

JOB VACANACY

Job Title: Chief Financial and Treasury Officer

Place: Fushe Kosova

Company: Infrakos

Application deadline: 23.12.2022

Job Title: Chief Financial and Treasury Officer

Reporting to the Board of Directors, the Chief Finance and Treasury Officer is responsible for the overall management of Finance and Treasury in PE Infrakos Sh.a.

The Board of Directors must ensure that all persons appointed as officials according to Article 21 point 3 of the Basic Law on Public Enterprises No. 03/L-087, also based on Article 13 of Law No. 04/L-111for the amendment and completion of Article 21, paragraph 21.4. of the basic law, is reformulated as follows: to be persons of known integrity who:

1. meet the qualification conditions according to Article17.1 (basic law),
2. meet the independence criteria according to Article1 7.2 (basic law) points (d), (f), (j), (k) and (l),
3. are not, or at any time during the period of thirty-six (36) months prior to the date of application have not been Directors of the Board of the relevant company, and
4. have the necessary professional experience and education required for the position in question.

The duties, responsibilities and powers of CFTO are:

The chief financial and treasury officer is responsible for overseeing all financial activities of the public sector entity to ensure the quality and compliance of:

• Final budget document and work coordination during the enterprise planning process;
• Monthly, periodical, six-monthly, annual and specific reports as well as the monitoring of the realization of the budget according to the business plan of the enterprise;
• To ensure that the financial transactions, accounting and annual financial statements of the enterprise are in accordance with the requirements of the legislation in force and the by-laws approved by the Minister of Finance;
• Internal financial management regulations, process design and risk areas, providing audit trails for all processes within the entity and financial control lists for all company finance personnel;
• Lead the evidence related to the financial means of the Corporation and the state of the Treasury;
• Establishes and reviews internal financial control, including purchases, cash receipts and fixed assets;
• Monitors profitable accounts and coordinates payment of invoices and special purchases;
• Prepares corporate documents for the year-end audit and serves as a liaison to the auditors;
• Reviews, financial agreements and maintains all financial policies related to the business;
• Develops and implements medium-term and long-term financial strategies to ensure management and security of funds in the most profitable way;
• Initiates changes and plans for staff development in the finance department in accordance with existing modern practices in this field;
• Develops procedures to control and plan the circulation of money;
• Ensures that PE Infrakos Sh.a. is in accordance with relevant legislation and regulations in this field.
• The Chief Finance and Treasury Officer is directly subordinate and accountable to the Chief Executive Officer for financial operations, accounting and the preparation of financial statements of the enterprise.

The mandate of CFTO

CFTO is appointed by the Board of Directors with a regular employment contract with a duration of 3 years.

Monthly salary compensation

The salary of CFTO is determined by the policy statement for compensation of senior officials within the public enterprise Infrastruktura Hekurudhore e Kosova Infrakos Sh.a.

Conditions and criteria that CFTO must fulfill:

• The candidate must have a university degree in finance and/or accounting;
• To be an Accountability Technician in one of the certified institutions or from other relevant international or local institutions in accordance with the criteria issued by the Minister of Finance;
• Professional experience in the field of finance and accounting;
• To demonstrate appropriate knowledge of the financial management of the enterprise;
• Ability to analyze and detect important financial issues;
• Extensive knowledge of International Accounting Standards (IAS), financial and cash flow management;
• Capacity to train and develop finance staff;
• Strong persuasive/interpersonal skills;
• Ability to adapt to unplanned or changed situations, flexibility of plans and measures to face such circumstances;
• Ability to delegate and monitor authority and responsibility to collaborators for performing delegated functions;
• Independence and high level of integrity throughout corporate activities;
• Leadership skills for achieving the general objectives of Infrakos Sh. A, as well as the ability to make important decisions in difficult situations;
• The candidate must have at least 5 years of experience in financial management. Individuals with work experience in enterprises/corporations with high size and complexity are preferred;
• The candidate must be free from any conflict of interest as defined by the Law on Conflict of Interest 06/L-011;
• Good knowledge of written and spoken English is preferred.

Information on the competition/application procedure

Candidates for CFTO must submit the following documents:

• The application;
• Detailed CV including exact dates of employment and details of responsibilities for each position including level of decision-making, number of employees supervised, budget and responsibilities;
• Letter of motivation;
• Proof of professional qualification;
• Proof of work experience;
• The certificate that is not under investigation (not older than six months) issued by the competent Court;
• Copy of the identity card.

The applicant must date and sign the affidavit stating that he/she meets all eligibility requirements. This statement together with the application can be downloaded from the website of the Public Enterprise Infrastructure of Kosovo Railways Infrakos Sh.a.: www.infrakos.com/publikimet/punesimi/

Completed documentation (the application together with the affidavit and all accompanying documents) is submitted personally in a sealed envelope to the archive office in the building of the INFRAKOS Directorate at the address Sheshi i Lirisi pn, in Fushë Kosovë, with the note: for Mr. Arsim Deliu, Secretary of INFRAKOS, or through the official e-mail: rekrutimet@kosovorailway.com

The job title must be clearly stated in the application and the documents attached to the application must be copies and are not returned. Applications submitted after the deadline are not accepted and incomplete applications are rejected. Candidates who compete must correctly enter the address and contact phone number, as well as thee-mail address.

Any material falsification, whether intentional or negligent, or material change from the information provided in the aforementioned statement, will result in immediate disqualification.

Only shortlisted candidates will be contacted.

The Railway Infrastructure of Kosovo, "Infrakos" Sh.A, offers equal employment opportunities for all citizens of the Republic of Kosovo and encourages all women and men from all communities who meet the criteria of the competition to apply.

Formal assessment of candidates and interviews will take place at an optimal time after the application deadline. The Board of Directors of the NP Infrastructure of Railways of Kosovo "Infrakos" Sh.A holds the right to form the short list of applicants as well as the selection of the CFTO.

The job vacancy remains open from November 25, 2022 to December 23, 2022 at 4:00 p.m.

To download Aplicant's Declaration: CLICK HERE