Accounts Payable Officer
2 hours ago
Company Description
TUV Austria Bureau of Inspection & Certification (Pvt.) Ltd., previously known as Moody International (Pvt.) Ltd., is an industry leader in Pakistan with over 1500 clients, including major companies such as BP/UEG Pakistan, Shell, DESCON, and more. As a globally recognized certification and inspection company, headquartered in Vienna, Austria, TUV Austria offers independent 3rd party Registration/Certification services against various international ISO standards. The company also provides technical inspection services, project management, and construction supervision services to the oil & gas, construction, and power industries. TUV Austria is committed to delivering quality over quantity and has a stringent policy against unethical practices and prioritizes Health, Safety, and Environment (HSE).
Job Purpose:
The
Accounts Payable Officer
will be responsible for maintaining accurate financial records, supporting daily accounting operations, and assisting in financial reporting. The role requires attention to detail, analytical ability, and a strong understanding of accounting principles to ensure compliance with organizational and regulatory standards.
Key Responsibilities:
1. Financial Transactions & Bookkeeping
- Record daily financial transactions in the accounting system (vouchers, receipts, payments, and journal entries).
- Maintain and reconcile general ledger accounts on a regular basis.
- Manage petty cash disbursements and ensure accurate recordkeeping.
2. Accounts Payable & Receivable
- Process vendor invoices, verify documentation, and ensure timely payments.
- Monitor customer accounts, issue invoices, and follow up on receivables.
- Prepare and reconcile supplier and customer statements periodically.
3. Bank & Cash Management
- Reconcile bank statements with company records.
- Handle deposits, withdrawals, and other banking activities.
- Coordinate with the bank for transaction-related queries and documentation.
4. Payroll & Expense Management
- Assist in payroll processing and ensure all statutory deductions are accurately calculated.
- Verify and record employee expense claims in accordance with company policy.
5. Financial Reporting & Analysis
- Assist in monthly, quarterly, and annual financial closing.
- Prepare financial reports, summaries, and analysis for management review.
- Support in audit preparation and coordinate with internal/external auditors.
6. Compliance & Documentation
- Ensure compliance with local accounting standards, tax laws, and company policies.
- Maintain organized and updated financial documentation for audits and recordkeeping.
- Support preparation and filing of tax returns (sales tax, withholding tax, income tax).
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