Senior Accounts Executive

2 weeks ago

Lahore, Punjab, Pakistan Avanceon Middle East & South Asia Full time
Overview

Avanceon is a leading multinational corporation specializing in automation, control systems integration, proprietary energy management solutions, and comprehensive support services. With a substantial market presence in Dubai, Qatar, Saudi Arabia, and Pakistan, Avanceon has 24 years of expertise in the automation industry. Evolving into a 360-degree solution provider, the company excels in automation, energy management, and service and maintenance. Having completed numerous successful projects for major blue-chip companies over two decades, Avanceon has established a robust reputation, demonstrating its commitment to excellence. The company is actively driving Industry 4.0 solutions, smart factories and leveraging the capabilities of 14.0, IoT and predictive analytics. Avanceon ensures the seamless integration of these advanced technologies into practical applications, supported by strong structures and practices.

About The Role

The Senior Accounts Executive plays a critical role in ensuring the accuracy and integrity of Avanceon Group's financial information. You will be responsible for a wide range of accounting tasks, including preparation of financial statements, revenue recognition, project accounting, and reconciliations. You will also actively participate in project monitoring meetings and respond to various assignments assigned by the Chief Financial Officer.

Responsibilities
  • Prepare standalone and consolidated financial statements for Avanceon Group in accordance with IFRS standards.
  • Perform monthly revenue recognition based on IFRS-15 accounting principles.
  • Charge project-related inventory to projects monthly based on verified delivery notes.
  • Charge timesheet data to projects monthly based on confirmation from the engineering department.
  • Daily validation of projects won and entered by salespeople in the Management System Group Platform (MSGP).
  • Daily validation of change orders received and entered by the procurement team in MSGP.
  • Conduct project monitoring meetings with project managers on a bi-monthly basis.
  • Review and finalize intercompany reconciliations, petty cash entries, accruals, fixed assets, and other relevant financial records.
  • Respond to and complete additional assignments as directed by the CFO.
Qualifications
  • Qualification in ACCA, CA, ACCA/CA Inter or equivalent professional qualification required.
  • Minimum of 4 years of experience in a similar accounting role.
  • Strong understanding of IFRS accounting standards.
  • Proficient in Microsoft Office Suite (Excel, Word, PowerPoint).
  • Excellent analytical and problem-solving skills.
  • Strong attention to detail and accuracy.
  • Ability to work independently and as part of a team.
  • Excellent communication and interpersonal skills.
Benefits
  • Competitive salary and benefits package.
  • Opportunity to work in a dynamic and growing company.
  • Be part of a highly skilled and motivated team.
  • Develop your career in a supportive and encouraging environment.

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