Finance Executive

3 weeks ago

Karachi, Sindh, Pakistan Omal Full time

Company: Omal by Komal

Education: CMA (Certified Management Accountant) qualified or part-qualified.

Experience: 2-3 years of experience in finance/accounting, with a focus on receivables, payables, costing, budgeting, and vendor reconciliation.

Key Responsibilities:

  • Accounts Receivable:
  • Manage customer accounts and ensure timely collections.
  • Reconcile receivables with the general ledger and resolve discrepancies.
  • Monitor overdue accounts and forecast cash inflows.
  • Accounts Payable:
  • Oversee and process all invoices, ensuring timely and accurate payments.
  • Reconcile payables with the general ledger.
  • Maintain relationships with vendors and ensure compliance with payment terms.
  • Costing & Budgeting:
  • Assist in cost structure analysis and track cost variances.
  • Support the annual budgeting process and monitor performance against the budget.
  • Prepare reports related to receivables, payables, costing, and budgeting.
  • Ensure accurate recording of all financial transactions and assist in month-end/year-end processes.
  • Reconcile vendor accounts to ensure accurate matching with statements.
  • Resolve discrepancies and maintain up-to-date records.
  • Compliance & Internal Controls:
  • Ensure compliance with financial regulations and company policies.
  • Assist in audits and implement internal controls.
Seniority level
  • Seniority levelEntry level
Employment type
  • Employment typeFull-time
Job function
  • Job functionFinance and Sales
  • IndustriesTextile Manufacturing

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