Specialist Financial Reporting

4 weeks ago


Lahore, Punjab, Pakistan Lahore University of Management Sciences Full time

Job Purpose

The Specialist – Financial Reporting will play a key role in ensuring accurate, timely, and compliant financial reporting for funded research projects. The incumbent will support the financial management lifecycle from project initiation to closeout, collaborating closely with Principal Investigators (PIs), research administrators, and funding agencies.

Job Description:

  • Prepare periodic final financial reports for research grants in accordance with donor requirements and institutional policies.
  • Ensure timely submission of financial reports to funding agencies.
  • Review and reconcile expenditures against project budgets and grants terms.
  • Prepare budget utilization report and ensure timely reporting.
  • Maintain financial documentation and audit trails in accordance with compliance standards.
  • Liaise with donors, auditors, and internal departments for grant-related audits, queries, or clarifications.
  • Advise researchers on allowable costs, cost-sharing, and budget compliance.
  • Track budget revisions, extensions, and reallocations; support budget amendments where required
  • Coordinate with internal departments for smooth processing of grant-related transactions.
  • Provide support in responding to donor queries and audit requirements.
  • Ensure accurate recording of project transactions and timely posting in the system.
  • Generate periodic internal reports for grant monitoring and management.
  • Develop SOPs and documentation templates for standardized financial reporting.

Required Skills:

  • Knowledge of Accounting principles
  • Knowledge of accounting standards (IFRS)
  • Budgeting experience
  • Experience of preparing financial reports of grants
  • Effective interpersonal communication skills
  • Strong presentation skills
  • Excellent analytical abilities
  • Advance MS Excel (VBA)
  • Strong analytical and numerical skills

Behaviours:

  • Ability to work under strict deadlines and manage multiple assignments concurrently.
  • Team-oriented with a proactive and problem-solving approach.
  • Attention to detail and accuracy.

Qualification:

ACCA / Master's degree in Accounting or Management Studies

Experience:

  • 3-4 years of post-qualification experience.
  • Familiarity with donor requirements (e.g., USAID, HEC, World Bank, EU) and financial compliance frameworks.
  • Proficiency in ERP systems (SAP preferred), MS Excel, and financial reporting tools .

What We Offer:

A Learning Ecosystem

LUMS offers a dynamic work culture that encourages learning and innovation, skills development, and contribution to areas beyond your job role. You will have the opportunity to learn and interact with the best academic minds in Pakistan, as well as to work with highly experienced professionals.

Intellectual Freedom

We believe in the pursuit of knowledge, provide the freedom to explore across different disciplines and value the diverse expression of all community members for mutual learning and advancement.

Benefits

LUMS offers competitive benefits to its academic and professional colleagues including Provident Fund, Group Life Insurance, EOBI for Pension Scheme, Outpatient medical coverage for self and family, and In-patient Health Insurance for self, spouse, and dependent children.

Campus Perks

The LUMS campus offers all the facilities and amenities of a world-class university, including a Sports Complex offering international standard courts for badminton, squash, tennis, basketball and volleyball, a FINA certified 25M swimming pool, and separate gyms for women and men. In addition to the LUMS Dining Center, there is a variety of eateries across campus offering popular cuisines, a breath-taking mosque, a medical centre, the LUMS Library, car parking as well as transport facilities for females, and a professionally run Day Care Center for children of community members.

Discounts

LUMS also provides a wide range of corporate discounts and internal educational discounts to its community as a token of each member's value to our community. Our internal educational discounts include waiver of undergraduate tuition fees of employees' children studying at LUMS, scholarships for master's programs in several schools, and executive development programs offered by the nationally recognized Rausing Executive Development Center (REDC).

LUMS is an equal opportunity employer. We celebrate diversity and are committed to building an inclusive workplace for all our employees. We do not discriminate on the basis of gender, race, religion, caste, ethnicity, age, non-disqualifying physical or psychological disability or social status. Candidates belonging to minority groups are encouraged to apply.

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