Asst. Manager Accounts

Main Job Description

Job Summary:

The Asst. Manager Accounts is responsible for overseeing the financial operations and managing the accounts of the organization. This position plays a crucial role in ensuring financial stability and transparency, while also ensuring compliance with relevant laws and regulations. The Asst. Manager Accounts reports to the Resident Director and Executive Steering Committee and works closely with other departments to support the organization's mission.

Key Responsibilities:

• Maintain and manage the financial records, including general ledger, accounts payable, accounts receivable, and payroll.
• Prepare accurate and timely financial statements, reports, and forecasts for the steering committee and board of trustees.
• Monitor and analyze financial data to identify trends, variances, and opportunities for improvement.
• Ensure compliance with accounting principles, standards, and local regulations.
• Develop and implement effective internal controls to safeguard assets and minimize financial risks.
• Prepare and coordinate the annual budgeting process in collaboration with relevant departments and stakeholders.
• Manage cash flow, including monitoring expenses, ensuring timely payments, and optimizing cash reserves.
• Coordinate and assist with external audits, tax filings, and regulatory reporting requirements.
• Liaise with banks, financial institutions, and other stakeholders for banking and financial matters.
• Manage contractual arrangements and ensure timely payments to business partners and vendors.
• Ensure the paperless financial process automation and integration with the Resident Director and steering committee. Able to visit the clients, GAP analysis,
• Prepare the audit reports on a quarterly basis, ensure the prerequisite and completion of all audit campaigns on time, and assist the internal & and external audit team to achieve audit goals and objectives. Document all audit reports and findings for the steering committee and BOT for continuous improvement.
• Drafting procurement processes and signing off on purchase orders.
• In coordination with the Executive Steering Committee, develop and implement financial strategies, policies, and procedures to support the organization's long-term financial sustainability.
• Prepare quarterly financial analyses and provide Executive Steering Committee recommendations to enhance revenue generation and cost optimization.
• Monitor and evaluate financial performance against targets and provide insights to the Executive Steering Committee on a monthly basis.
• Ensuring regular liaison with the FRPR Department to maintain and update financial data of donors, sponsors, and funding agencies.
• Ensure compliance with donor organization requirements and provide accurate financial reports as per their guidelines.
• Compiling financial reports and supervising month-end processes.
• Estimating, and analyzing of the short-term and long-term financial objectives by the performance targets set by the organization.
• Identify and mitigate financial risks, including currency exchange fluctuations and inflation.
• Stay updated with the latest accounting and financial regulations, trends, and best practices relevant to the nonprofit sector.
• Prepare an analysis of financing needs for major capital equipment purchases, working capital, and other financing needs

Reports:

• Income Expenditure Report (Monthly, Quarterly & Annually)
• Cash Flow Report
• Monthly Donation Report
• Monthly Expense Report of Shariya Compliance
• Fuel Consumption Report (Vehicle Report) through Accounting Software
• Solar Consumption Report on a monthly basis
• Budget & Reporting (Quarterly and Annually)
• Department Analysis Report

Skills:

• Proven experience in financial planning, budgeting, and financial analysis.
• Ability to develop and execute financial strategies aligned with the organization's goals.
• Familiarity with nonprofit financial management, including restricted funds and grant accounting.
• Strategic thinking and business acumen to identify opportunities for financial growth and sustainability.
• Proficiency in financial modelling, forecasting, and risk management.
• Excellent presentation skills to communicate financial information to diverse audiences.

Qualification:

• Bachelor's or Master's Degree in Accounting, Finance, or a related field.
• Proven experience as an Accounts or Finance Manager, preferably in a nonprofit organization or social sector.
• Proficiency in relevant computer software and applications, including Microsoft Excel and accounting software.
• Knowledge of the orphanage sector's financial and regulatory landscape in Pakistan would be an advantage.

Job Types: Full-time, Contract

Contract length: 3 months

Pay: Rs37, Rs45,000.00 per month

Application Deadline: 30/06/2025