Transaction Accounting Specialist

1 day ago


Karachi, Sindh, Pakistan beBee Careers Full time

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Purpose

The main goal of process accounting is to ensure accurate and fair financial statements. It involves booking and recognizing transactional operations, enabling associated financial transactions to be performed.

Key Objectives
  • Ensure compliance with Accounts Payable and Accounts Receivable processes.
  • Verify invoices and associated postings for Accounts Payable, including comparing invoice charges to purchase orders and confirming goods and services receipt.
  • Reconcile Accounts Payable ledgers to identify improper charges and ensure timely payment of amounts due for Payment Processing.
  • For Accounts Receivable: Generate invoices and associated postings, as well as customer account reconciliations.
  • Collect, process, and post invoices to customer accounts, including reconciliation of customer ledgers.
  • Analyze and create reports on Accounts Payables/Receivables age, such as Days Sales Outstanding (DSO) and Days Payable Outstanding (DPO).
  • Provide tax schedules to support Value Added Tax and Corporate Income Tax returns.
  • Identify General Ledger transactions related to AP or AR and either post them in the Ledger or provide information for GL Accountant posting.


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