
Accounts & Finance Manager
1 week ago
Job Description
Job Description - Accounts & Finance Manager
Location: Sialkot, Pakistan
Industry: Manufacturing
Job Summary:
The Manager - Accounts & Finance is responsible for overseeing financial transactions, ensuring accurate recording in the ERP system, reconciling accounts, and managing financial reporting. This role involves monthly closings, vendor payments, cost sheet preparation, and financial reconciliation to ensure smooth financial operations and compliance with internal and external financial regulations.
Key Responsibilities:
1. Financial Recording & Reconciliation:
- Record and manage foreign payments in the ERP system and oversee monthly closings.
- Record bank transactions in ERP and ensure timely monthly closings.
- Conduct bank statement reconciliation to ensure accuracy and resolve discrepancies.
- Record cash receipts and payments transactions in ERP and perform monthly financial closing activities.
- Prepare monthly internal closing reports for USA accounts.
- Prepare monthly external closing invoices for USA accounts.
- Manage billing of all credit vendors' purchases and ensure timely recording.
- Prepare monthly vendor payment schedules and ensure timely disbursements.
- Prepare applied and actual proforma invoices for all foreign purchase orders.
- Develop applied cost sheets for in-house products and on an order-wise basis.
- Prepare actual cost sheets for all in-house products on a P.O. (Purchase Order) basis.
- Record and manage commercial sales invoices maker-wise.
- Maintain and reconcile all makers' and vendors' ledgers on a monthly basis.
- Record salaries, wages accruals, and payments accurately and in compliance with company policies.
- Oversee cash management and reporting, ensuring proper cash flow management.
- Ensure all financial transactions comply with regulatory requirements and accounting standards.
Requirements
Qualifications & Experience:
- Bachelor's or Master's degree in Finance, Accounting, or a related field (ACCA, CPA, or CA certification preferred).
- 5+ years of experience in accounting and finance, preferably in a managerial role.
- Proficiency in ERP systems and financial software.
- Strong knowledge of financial reconciliations, cost analysis, and accounts management.
- Excellent understanding of financial reporting, tax regulations, and compliance requirements.
- Strong analytical, problem-solving, and leadership skills.
- Ability to manage multiple priorities and meet deadlines effectively.
- Attention to Detail: Ensures financial accuracy and minimizes discrepancies.
- Financial Acumen: Strong understanding of financial principles and reporting.
- Leadership & Team Management: Ability to guide and manage a team efficiently.
- Problem-Solving Skills: Identifies and resolves financial and operational issues.
- Time Management: Ability to prioritize tasks and meet deadlines effectively.
- Communication Skills: Strong ability to communicate financial information clearly to stakeholders.
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