Accounts Specialist

2 days ago


Lahore, Punjab, Pakistan Advance International Chemicals Pvt Ltd Full time
Job Title: Accounts Executive

Overview:

Advance International Chemicals Pvt Ltd is seeking a highly skilled and experienced Accounts Executive to join their team. This role will be responsible for managing the company's financial transactions, ensuring accurate record-keeping, and providing critical support to the management.

Responsibilities:
  1. Manage letter of credit preparation and finalization, including LC Cost Sheet and recording of imported stock in the company's books of accounts.
  2. Prepare receivables aging report, analyze sales and recovery targets, and reconcile purchases from IGP, GRN with stock ledger and supplier ledger.
  3. Handle stores issuance for production and general maintenance, production entries, and reconciliation statements of monthly production item-wise with store issuance and wastage.
  4. Reconcile sales from OGP, Sales Invoices, Delivery Challans with sales ledger and debtor's ledger, and ensure perfect knowledge about accrual concepts.
  5. Record expenses under proper heads of accounts, number each voucher, sign it with supporting documents, and maintain series.
  6. Prepare withholding tax statements U/S 165, 147, 155, 153, 151, and reconcile with Income Tax ledgers.
  7. Submit sales tax returns after complete verification of Input and Output tax adjustments, reconciliation with Sales Tax ledgers, and summary statement U/S 26(5).
  8. Verify Bank Reconciliation statements, commission workings of staff, and submission of stock statements to the bank on or before the 10th of each month.
  9. Check salary sheets and tax deducted thereon, as well as withholding tax deduction on all payments including advance payment.
  10. Provide any other query/information asked by the head of department/company from time to time.


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