Financial Director

4 days ago


Lahore, Punjab, Pakistan Shafisons Engineering (PVT) Ltd Full time

Shafisons Engineering (PVT) Ltd is a dynamic and innovative engineering company that requires an experienced Financial Director to lead its finance and accounting functions.

The successful candidate will be responsible for ensuring the company's financial systems are in place and aligned with organizational standards. This includes designing, implementing, and monitoring internal controls related to various areas of the organization.

  • Key Responsibilities:
  1. Reporting: Provide regular financial reports to the CEO and Directors on the company's financial position.
  2. Finance Systems: Ensure accurate and timely financial data is available to support business decision-making.
  3. Internal Controls: Design, implement, and monitor internal controls to ensure compliance with organizational standards.
  4. Closing and Reporting: Manage the monthly, quarterly, and annual closing process, preparing and presenting financial statements and analysis reports to management.
  5. Financial Analysis: Conduct financial analysis on company operations, including trend analysis, variance analysis, competitors, market analysis, variable and fixed costs analysis, profitability analysis, product-wise margins, profits, and working capital analysis.
  6. Costing: Perform detailed and comprehensive costing of the company's products, taking into account direct expenses, relevant and irrelevant costs.
  7. Sensitivity Analysis: Perform sensitivity analysis at different levels of production, calculating margins, etc.
  8. Working Capital: Manage working capital by streamlining stock holding levels, drafting customer credit policies, and ensuring adherence to these policies.
  9. Cash Flow Management: Monitor, plan, and manage all aspects of cash flows in a manner consistent with the company's objectives.
  10. External Auditors: Coordinate with external auditors and advisors regarding company audits and reviews.
  11. FBR and SECP: Liaise with FBR and SECP for different types of statutory returns and related matters.
  12. Tax Function: Oversee the complete tax function of the company, reviewing all tax records and managing taxes.
  13. Oracle Software: Have a good understanding of Oracle software.
Job Specification

Financial Reporting, Costing, ERP, Budgeting & Forecasting, Taxations.

Mechanical or Industrial Engineering - Lahore, Pakistan

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