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ASA Microfinance (Myanmar) Co.,Ltd

Verified This Company has been
Verified or Registered as Real.
This Company has been
Verified or Registered as Real.
About
Jobs 1
About ASA Microfinance (Myanmar) Co.,Ltd

Employer Details

  • Type: Direct Employer
  • Industry: Banking/ Insurance/ Microfinance
  • No. Employees: 501 to 1000

Address

No.321, Corner of Sayar San & Baho Street, 2/B Ward, Mingalardon Township, Yangon, Myanmar,Yangon, Myanmar

What we do

ASA Microfinance Myanmar Limited is a subsidiary of ASA International Group plc (‘ASA International’). ASA International is one of the world’s largest international microfinance institutions offering socially responsible financial services to low-income, primarily female entrepreneurs across Asia and Africa.

ASA International owns and operates microfinance institutions, including deposit-taking microfinance banks, in India, Pakistan, The Philippines, Sri Lanka, Nigeria, Ghana, Tanzania, Uganda, Kenya, Rwanda, Myanmar, Zambia, and Sierra Leone and has its head offices in Amsterdam and Dhaka.

ASA International is listed on the London Stock Exchange as a premium listed company.

Increasing financial inclusion and promoting the social and economic development of our clients and their communities is at the heart of ASA International’s mission. As of 31 December 2022, the Company has over 2,000 branch offices and a gross loan portfolio of over USD 350 million. ASA International employs 13,600 plus staff worldwide to serve 2.3 million clients.

ASA Myanmar has branches in 5 regions (Yangon, Bago, Mon, Magway and Sagaing) with the largest number of branches in Yangon. ASA Myanmar is indirectly wholly owned by ASA International.

We offer four types of loans:

1. Microfinance loan
2. Small enterprise loan
3. Individual loan

Our loans provide an alternative to low income entrepreneurs without access to credit from traditional banks. We provide these loans using the ASA Model.

COMMUNITY ACTIVITIES & INITIATIVES

Donated to Ministry of Social Welfare, Relief & Resettlement for Flood disaster at Bago Region.
Medical Health Camp: Opening temporary medical health camp for 210 to Magway division/Magway township.
Educational materials donation program: Donated educational materials, school bags, Milks, Bread, Chocolate, for 410 beneficiaries to Bago division / Thanatpin high school.
Food relief distribution (15 August 2019): Donated rice, cooking oil, noodle, cake, canned Fish for 1175 beneficiaries to (seven townships in Mon state)
All ASA Microfinance (Myanmar) Co.,Ltd Jobs
- Ensure all expenditures are checked before submitting them to the Finance & Accounts Officer. - Need to submit daily transactions􀆟on vouchers to the Finance & Accounts Manager - Maintain the Advance Register & pay advance as and when required. - Need to reconcile carefully with the advance amount and related vouchers. - Need to go for bank withdrawal and deposit MMK and USD also. - Need to prepare the Bank signatory changing le􀆩ers and distribute to respec􀆟ve branches. - Need to be ensured that the actual cash in hand amount and the daily cash in hand are balanced. - Need to submit the daily cash in hand le􀆩er to Finance & Accounts Officer as well as to the Managing Director. - Need to arrange the salary payment for the HO staff as well as the expatriates. - Need to prepare Bank reconciliation􀆟on statement consolida􀆟on for all branches - To prepare the fund transfer & receipt document - Need to make the consolidation of Cash in hand & cash at the bank for all branches at the end of the month. - Need to prepare the Monthly Planning report for regulatory reporting - Need to prepare the Monthly FRD quarter & village reports - Need to go to the bank for bank withdrawal, bank deposit, bank statement withdrawal, fund transfer& receipt, and salary payment - Direct report to Finance & Accounts Manager, dotted line report to CFO
ASA Microfinance (Myanmar) Co.,Ltd Awards