Officer Business Finance

4 weeks ago


Karachi, Sindh, Pakistan K-Electric Full time
Officer Business Finance - Accounts Payable

Our employees are our company's greatest asset — they are our real competitive advantage. We possess immense power of innovation, imagination, and a desire to attract and retain the best talent. We provide encouragement, stimulus, and make them feel that they are an integral part of the company's mission.

Purpose

The position is responsible for managing day-to-day operations smoothly and within target timelines, ensuring minimal delays.

Required Education & Experience

Bachelor's degree in commerce with a minimum of 1 or 2 years of relevant experience.

Job Responsibilities

  • Timely and accurate processing of all internal and external vendor advances, invoices, and settlements, ensuring a three-way match before issuing payment to vendors.
  • Ensure costs are accurately recorded into SAP, with correct GL/CC, currency, VAT, and vendor data for all entities.
  • Escalate invoice authorization according to the authority matrix to obtain valid internal approval.
  • Conduct weekly vendor statement reconciliations and resolve any discrepancies.
  • Participate in weekly and monthly payment runs to ensure suppliers are paid accurately and on time.
  • Resolve invoice/payment discrepancies promptly by liaising with vendors and internal stakeholders, supported by SC.
  • Collaborate with the accounting team to complete month-end processes.
  • Compare purchase orders, prices, payment terms, and other charges.
  • Follow policies and procedures; complete administrative tasks accurately and on time; support organizational goals and values.

KE provides equal employment opportunity (EEO) to all persons regardless of age, color, origin, disability, race, religion, gender, marital status, or any other characteristic protected by law.

Seniority level
  • Entry level
Employment type
  • Full-time
Job function
  • Management and Manufacturing
Industries
  • Utilities

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