Financial Manager

10 hours ago

Lahore, Punjab, Pakistan Anwar Khawaja Industries (Pvt.) Limited Full time
Job Title: Financial Manager

At Anwar Khawaja Industries (Pvt.) Limited, we are seeking a highly skilled Financial Manager to join our team. As a key member of our financial department, you will be responsible for managing daily accounting tasks, ensuring financial integrity, accuracy, and compliance with accounting principles and regulations.

This role involves responsibility for various accounting functions, including accounts receivable/payable, reconciliations, financial reporting, and supporting month-end and year-end closing activities. The ideal candidate will possess strong analytical skills, attention to detail, and a commitment to maintaining accurate financial records.

Main Responsibilities:

  • Accounts Payable and Receivable:
    Process invoices, verify and reconcile expense reports, and ensure timely payments to vendors and suppliers.
    Track and monitor receivables to ensure timely collection and accurate reporting of accounts.
  • Bank Reconciliation:
    Perform regular bank reconciliations, investigating discrepancies and ensuring alignment between bank records and the company's financial records.
  • General Ledger Maintenance:
    Assist in maintaining the general ledger by recording and posting journal entries.
    Monitor and analyze accounting data, ensuring accurate allocations and classifications.
  • Financial Reporting:
    Prepare accurate monthly, quarterly, and annual financial reports in compliance with company policies and statutory requirements.
    Assist in the preparation of financial statements, including balance sheets, income statements, and cash flow statements.
  • Budget Monitoring and Variance Analysis:
    Support budget preparation and monitoring, providing variance analysis and explanations.
    Assist departments in understanding budgetary constraints and financial performance.
  • Tax and Regulatory Compliance:
    Ensure compliance with local, state, and federal regulations, including the timely filing of tax returns, VAT, GST, and other statutory requirements.
    Assist with audit preparation and support external auditors during the audit process.
  • Month-End and Year-End Closing:
    Contribute to month-end and year-end closing activities, including reconciling accounts, adjusting entries, and closing out financial records.
    Assist in identifying and resolving issues to ensure accurate and timely reporting.
  • Inventory and Asset Management:
    Maintain records of company assets, conducting periodic asset reconciliations and ensuring proper asset tagging and tracking.
    Monitor inventory levels and conduct physical audits as needed.
  • Financial Documentation and Record-Keeping:
    Ensure that financial documents and records are accurately maintained, filed, and easily accessible.
    Implement and uphold best practices for document retention and compliance.
  • Collaboration and Support:
    Collaborate with other departments to gather and verify financial information.
    Provide support and assistance to the Finance Manager and other team members as needed, contributing to team goals and financial initiatives.

Requirements:

  • Education: Bachelor's degree in Accounting, Finance, or a related field.
  • Experience: 3-4 years of experience in accounting or finance, preferably within a corporate environment.
  • Skills:
    Proficiency in accounting software (e.g., QuickBooks, SAP, or Oracle) and MS Office, particularly Excel.
    Strong knowledge of GAAP and IFRS accounting principles.
    Analytical and problem-solving skills, with attention to detail.
    Excellent communication skills, both written and verbal, with the ability to work effectively in a team environment.
    Ability to prioritize, multitask, and meet deadlines in a fast-paced environment.

Preferred Qualifications:

  • Professional certification (e.g., CPA, ACCA, CMA) is a plus.
  • Experience in budgeting and financial forecasting.
  • Familiarity with tax laws, VAT, and other regulatory compliance standards.
  • Experience with ERP systems and financial reporting tools.

Key Competencies:

  • Attention to Detail: Ability to maintain high levels of accuracy and thoroughness in financial records.
  • Integrity and Confidentiality: Committed to upholding ethical standards and protecting sensitive financial information.
  • Time Management: Strong organizational skills and ability to manage multiple priorities effectively.
  • Problem-Solving: Proactive approach to identifying issues and proposing effective solutions.

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