Chief Financial Administrator

6 days ago

Sukkur, Sindh, Pakistan beBeeAccountant Full time 1,000,000 - 1,200,000
Accounting and Financial Management Role

This position entails overseeing the financial management of a three-entity organization. The key responsibilities include recording daily transactions, reconciling accounts, preparing monthly financial statements, managing intercompany transactions, coordinating with external accountants, and ensuring compliance with all regulatory requirements.

The successful candidate will have a thorough understanding of GAAP accounting principles, proficiency in cloud-based accounting software such as QuickBooks or Xero, and exceptional organizational skills. E-commerce experience is desirable but not essential.

Key Responsibilities:
  • Daily Transaction Recording and Management: Record all financial transactions, including sales, expenses, payroll entries, and inventory adjustments. Process accounts payable and accounts receivable.
  • Banks, Credit Cards, and Payment Processor Reconciliation: Reconcile bank, credit card, merchant accounts, and loan accounts monthly. Ensure all transactions are properly categorized and supported with documentation.
  • Intercompany Transactions: Record and reconcile intercompany transfers, charges, and loans. Ensure intercompany accounts net to zero at each month-end close.
  • Monthly Close and Financial Reporting: Perform complete month-end close for each entity. Prepare and deliver P&L, Balance Sheet, and Cash Flow statements by the agreed timeline. Provide variance analysis comparing actual results to budget or forecast.
  • Compliance and Tax Coordination: Maintain accurate sales tax records and file returns (or coordinate filings) on schedule. Provide timely documentation to external accountants for quarterly and annual filings. Support audits with necessary records and schedules.
  • Cash Flow Management: Maintain a rolling 12-month cash forecast. Monitor daily cash balances and upcoming obligations. Alert management of potential cash shortfalls in advance.
  • Process Improvement and System Management: Maintain and improve accounting systems. Recommend process improvements for greater accuracy and efficiency. Ensure proper internal controls are followed to safeguard company assets.
Required Qualifications:
  • 3+ years of hands-on bookkeeping experience, ideally in a multi-entity environment.
  • Strong understanding of GAAP accounting principles.
  • Proficiency in QuickBooks Online, Xero, or similar cloud-based accounting software.
  • Comfort working with payment processors, merchant accounts, and multi-channel sales data.
  • Excellent organizational skills and attention to detail.
  • E-commerce/Amazon experience is a plus, but not required.

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