Assistant Manager Finance

We are looking for a Assistant Manager Finance who is responsible for managing the day-to-day financial operations of Novaplast Custom Molders, including accounting, budgeting, reporting, taxation, and internal controls. The role plays a key part in ensuring financial accuracy, cost efficiency, compliance with regulations, and timely reporting to support operational and strategic decision-making.

Responsibilities:

• Taking responsibility for the planning and execution of financial duties and projects of a company.
• Preparing financial statements, reports, and forecasts for the business to ensure financial stability.
• Drafting budgets, income statements, balance sheets, tax returns, and reports required by regulatory authorities.
• Managing the risks involved in the financial activities of the business.
• Compiling financial reports and supervising month-end processes.
• Overall supervision of the company's day-to-day functioning of the Accounts and Finance functions including MIS, Audit, Taxation, Corporate affairs, etc. in compliance with the International Accounting Standards (IAS) & IFRS.
• Manage Corporate Finance including the Treasury function & Factory accounting including costing.
• Initiate and guide the preparation of forecasts of company revenue, working capital, expenditure, and return on investments.
• Monitor Budgets and variances.
• Supervise end-to-end payroll processing.
• Ensure timely and accurate salary disbursements, deductions, and advances.
• Verify statutory deductions including EOBI, Social Security, Income Tax, and ensure compliance.
• Responsible for tracking the policy decisions taken by the government and their impact on the business.
• Provide technical and managerial information to the organization and regulatory agencies regarding taxation matters.
• Asset Management, reports, and maintaining Asset records, along with Depreciation.
• Cost analysis, keeping up to date the cost breakups of all products with prevailing costs.
• Dealing with Banks and Financial Institutions for day-to-day matters besides providing all necessary support with the preparation of documents about all short-term and long-term credit facilities.
• Interface with the internal and external auditors as a focal point for efficient management of the Statutory, Tax, and internal Audits as a part of Corporate Governance.
• Develop and oversee internal control measures for the company's operation including inventory, expenses, and revenue.
• Conduct an inventory audit every month.
• Monthly inventory valuation on Moving Average Method.
• Reconciliation of physical stock with books of accounts in harmony with store and supply chain records such as Bin Card, Issuance, Production, Rejection, GRN, etc.

Skills Required:

• Complete understanding of Legal Entity relations, intercompany accounting, and payroll accounting.
• Strong knowledge of costing, budgeting, taxation, and financial analysis.
• Experience with ERP systems and strong command of MS Excel and financial tools.
• Excellent analytical, leadership, and communication skills.
• Strong interpersonal, communication, and presentation skills.
• Able to manage, guide, and lead employees to ensure appropriate financial processes are being used.
• A solid understanding of financial statistics and accounting principles.
• Working knowledge of all statutory legislation and regulations.

Qualification:

• ACCA / CIMA / CMA / MBA Finance or equivalent.

Experience:

• 4–6 years of experience in finance, with at least 2–3 years in a managerial role within manufacturing.

Location: North Nazimabad, Block B, Karachi

Email: Also send your resume on

Job Type: Full-time

Work Location: In person