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assistant manager financial reporting

2 weeks ago

Karachi, Sindh, Pakistan Ms. Nelson Paints Industries Pvt Ltd Full time 900,000 - 1,200,000 per year

Key Responsibilities

  • Financial Close & Reporting
  • Manage end-to-end monthly, quarterly and annual financial close process.
  • Prepare financial statements (P&L, Balance Sheet, Cash Flow) in line with local GAAP / IFRS.
  • Ensure timely submission of internal management reports.
  • Costing & Inventory Management
  • Oversee product costing (raw materials, labor, overhead) for locally manufactured and imported paints.
  • Analyze variances (standard vs actual), production inefficiencies, wastage.
  • Maintain and reconcile raw material, work-in-progress, finished goods inventory accounts.
  • Budgeting, Forecasting & Planning
  • Assist in preparing the annual budget & periodic forecasts.
  • Monitor performance vs budget, analyze deviations, recommend corrective actions.
  • Compliance & Audit
  • Ensure compliance with accounting standards (IFRS or local), statutory requirements, tax regulations.
  • Liaise with external auditors during annual audit; facilitate their queries.
  • Maintain internal controls; ensure processes are in place to safeguard assets.
  • Cost Control & Profitability Analysis
  • Identify cost-saving opportunities across procurement, production, supply chain.
  • Perform margin / profitability analysis by product line, client, region etc.
  • ERP / Systems & Process Improvement
  • Ensure accurate setup of chart of accounts, cost centers, overhead allocations in ERP.
  • Lead efforts to automate / simplify reporting and financial processes.
  • Enhance reporting frameworks / KPIs to monitor business performance.
  • Team Management & Collaboration
  • Supervise junior accountants / financial reporting staff; provide coaching / review work.
  • Collaborate with cross-functional teams—production, procurement, supply chain, sales—to gather inputs & resolve discrepancies.
  • Ad hoc Analysis & Strategic Support
  • Provide financial input / analysis for decision making: pricing, new product development, investment etc.
  • Participate in special projects (e.g. cost reduction programs, new accounting standard implementation).

Requirements / Qualifications

  • Bachelor's degree in Accounting / Finance; professional qualification (ACCA / CA / ICMA) preferred.
  • Typically 5-7 years of relevant experience, ideally in manufacturing / process / chemical / paints industry.
  • Strong knowledge of costing methods, inventory valuation, variance analysis.
  • Proficiency in accounting standards (IFRS / local), statutory & tax requirements (sales tax, income tax etc.).
  • Good ERP experience (SAP / Oracle / other) and strong MS Excel skills.
  • Strong analytical, problem-solving and attention to detail.
  • Good communication skills; ability to present reports / insights to senior management.

Job Type: Full-time

Work Location: In person