Assistant General Manager Finance

As the largest banking institution in Sri Lanka, the Bank of Ceylon (BOC) boasts an islandwide branch network with international operations, including a banking subsidiary in London. Ranked among the Top 500 Banking Brands in the World and recognized as the No. 1 Bank in Sri Lanka, BOC seeks an accomplished finance leader to deliver performance, governance, investment value, and transformation across the Group’s subsidiaries and associates.

Position Summary

• Role: Assistant General Manager Finance - Subsidiaries & Investments

• Institution: Bank of Ceylon (BOC)

• Location: Head Office, Colombo 01, Sri Lanka

• Terms of Appointment: Initial contract period of three (03) years with annual performance reviews and potential for extension based on performance and bank requirements.

Key Responsibilities & Accountabilities

• Oversee and enhance the financial performance of subsidiaries and associate companies by monitoring KPIs, driving profitability, capital efficiency, and providing performance reporting and insights to support decision-making.

• Assess and maximize the value of investments in subsidiaries and associates by monitoring ROI, optimizing capital allocation, evaluating growth opportunities, and improving underperforming investments.

• Ensure subsidiaries and associates comply with Group policies and governance standards through standardized financial controls, practices, and alignment with Group objectives.

• Lead the accurate and timely consolidation of Group financial results, ensuring compliance with accounting standards and delivering reliable financial insights to the Board.

• Oversee budgeting, forecasting, and long-term planning processes to ensure alignment with Group targets, monitor performance, and support strategic financial planning.

• Serve as a trusted financial advisor to subsidiary leadership, boards, auditors, regulators, and other stakeholders by providing strategic financial guidance and support.

• Maintain oversight of risk management activities across subsidiaries and associates and manage Mergers & Acquisitions (M&A).

• Drive continuous improvement in financial reporting, analytics, and operational efficiency through process optimization, automation, and enhanced financial transparency.

Qualifications & Eligibility Criteria

Academic & Professional Background

• Must be an Associate Member of one of the following professional bodies:

  • The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka)

  • The Association of Chartered Certified Accountants (ACCA, UK)

  • The Chartered Institute of Management Accountants (CIMA, UK)

• Added Advantage: A Bachelor’s or Master’s Degree in Finance, Accounting, or a related discipline obtained from a university recognized by the UGC of Sri Lanka.

Experience Requirements

• Minimum of ten (10) years of post-qualifying experience, of which at least five (05) years must be in a senior leadership role within a group structure, overseeing subsidiaries, financial performance management, and mergers and acquisitions.

• Prior experience in banking or financial services is preferable.

Key Attributes & Competencies

• Strong financial and commercial acumen with expertise in performance management and ROI analysis.

• Deep understanding of group governance and control frameworks.

• Strategic thinker with a results-driven mindset and leadership/influencing skills across multiple entities.

• Advanced analytical, problem-solving, and high-level integrity/professionalism.

• Strong stakeholder management, communication skills, adaptability in complex multi-entity environments, and willingness to travel as required.

Age Limit

• 55 years or below as of the closing date of the application.

Remuneration & Benefits

• An attractive remuneration package commensurate with market rates and the candidate's profile will be offered.

Selection Procedure

• Shortlisted candidates meeting the eligibility criteria will be invited for an interview process.

How to Apply

1. Prepare a complete, updated Curriculum Vitae (CV) including the contact details of two non-related referees.

2. Gather all supporting documentation confirming educational and professional qualifications.

3. Send your application via email to careers@boc.lk, ensuring the post applied for is mentioned in the subject line.

4. Acknowledge and read the Bank’s Personal Data Protection Notice for Recruitment available on the BOC website under HR Management (www.boc.lk/hr-management).

• Closing Date: On or before 07 November 2026.

Deputy General Manager (Human Resource Operations)

Human Resource Division

Bank of Ceylon, Head Office, BOC Square,

No. 1, Bank of Ceylon Mawatha, Colombo 01, Sri Lanka