Finance Manager

1 week ago

Karachi, Sindh, Pakistan Novaplast Custom Molders Full time
Overview

We are looking for a Finance Manager who is responsible for managing the day-to-day financial operations of Novaplast Custom Molders, including accounting, budgeting, reporting, taxation, and internal controls. The role plays a key part in ensuring financial accuracy, cost efficiency, compliance with regulations, and timely reporting to support operational and strategic decision-making.

Responsibilities
  • Taking responsibility for the planning and execution of financial duties and projects of a company.
  • Preparing financial statements, reports, and forecasts for the business to ensure financial stability.
  • Drafting budgets, income statements, balance sheets, tax returns, and reports required by regulatory authorities.
  • Managing the risks involved in the financial activities of the business.
  • Compiling financial reports and supervising month-end processes.
  • Overall supervision of the company's day-to-day functioning of the Accounts and Finance functions including MIS, Audit, Taxation, Corporate affairs, etc. in compliance with the International Accounting Standards (IAS) & IFRS.
  • Manage Corporate Finance including the Treasury function & Factory accounting including costing.
  • Initiate and guide the preparation of forecasts of company revenue, working capital, expenditure, and return on investments.
  • Monitor Budgets and variances.
  • Supervise end-to-end payroll processing.
  • Ensure timely and accurate salary disbursements, deductions, and advances.
  • Verify statutory deductions including EOBI, Social Security, Income Tax, and ensure compliance.
  • Responsible for tracking the policy decisions taken by the government and their impact on the business.
  • Provide technical and managerial information to the organization and regulatory agencies regarding taxation matters.
  • Asset Management, reports, and maintaining Asset records, along with Depreciation.
  • Cost analysis, keeping up to date the cost breakups of all products with prevailing costs.
  • Dealing with Banks and Financial Institutions for day-to-day matters besides providing all necessary support with the preparation of documents about all short-term and long-term credit facilities.
  • Interface with the internal and external auditors as a focal point for efficient management of the Statutory, Tax, and internal Audits as a part of Corporate Governance.
  • Develop and oversee internal control measures for the company's operation including inventory, expenses, and revenue.
  • Conduct an inventory audit every month.
  • Monthly inventory valuation on Moving Average Method.
  • Reconciliation of physical stock with books of accounts in harmony with store and supply chain records such as Bin Card, Issuance, Production, Rejection, GRN, etc.
Skills Required
  • Complete understanding of Legal Entity relations, intercompany accounting, and payroll accounting.
  • Strong knowledge of costing, budgeting, taxation, and financial analysis.
  • Experience with ERP systems and strong command of MS Excel and financial tools.
  • Excellent analytical, leadership, and communication skills.
  • Strong interpersonal, communication, and presentation skills.
  • Able to manage, guide, and lead employees to ensure appropriate financial processes are being used.
  • A solid understanding of financial statistics and accounting principles.
  • Working knowledge of all statutory legislation and regulations.
Qualification
  • ACCA / CIMA / CMA / MBA Finance or equivalent.
Experience
  • 5–7 years of experience in finance, with at least 2–3 years in a managerial role within manufacturing.
Location

North Nazimabad, Block B, Karachi

Apply

Email: Also send your resume on jobs@novaplast.pk

Job Type: Full-time

Work Location: In person


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