Assistant Manager Finance

Recruiter
Kamayi
Location
Karachi (PK)
Salary
150K
Posted
29 Dec 2022
Closes
29 Jan 2023
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant

As AM Finance & Accounts you will be responsible for managing all financial transactions, from payments to bank deposits. You will provide the company with accurate quantitative information on the financial position, liquidity, and cash flows of the business while ensuring compliance with all federal and local laws, regulations, and rules. You will be responsible for preparing financial and performance reports for shareholders, the board, management, regulators, and debt providers.
 

Responsibilities


Finance

  • Excellent understanding of the International Financial Reporting Standard (IFRS), Income tax Ordinance, 1984, Companies Act, 2017
  • Preparation of annual financial statement as per IFRS, monthly management accounts, and reporting to debt/equity holders.
  • Coordination and communication with banks, external auditors, and lawyers.
  • Ensure timely and complete adherence to taxation compliance i.e. Income Tax & Sale Tax.
  • Preparation of Bank Reconciliation on a monthly basis.
  • Process and record Invoices, record journal entries, and keep accurate records of all daily transactions in accounting software
  • Process vendor invoices for payments and prepares financial documents, reconciliation of Accounts Payable and Accounts Receivable.
  • Close liaison with Operation Department for recording monthly provisioning as required under NBFC rules and regulations, reporting to e-CIB on a monthly basis. 
  • Any other work assigned by Management
  • Regulations, Income tax, and Sales tax laws
  • Update all relevant stakeholder changes in the applicable Rules, Regulations,s and Acts, preparation of interpretation where needed, and ensure compliances where required.
  • Drafting minutes of meetings of the Board of Directors, and Compliance Committee for senior management review.
  • Filing of statutory forms as and when required
  • Liaison with the Securities and Exchange Commission of Pakistan (SECP) and all relevant regulatory authorities on updating compliance status and reporting.
  • Reporting to regulatory authorities on the compliance of AML/CFT on a quarterly and annual basis. 

Education

  • Preferred Qualified Chartered Accountant.Responsibilities
  • Excellent understanding of the International Financial Reporting Standard (IFRS), Income tax Ordinance, 1984, Companies Act, 2017
  • Preparation of annual financial statement as per IFRS, monthly management accounts, and reporting to debt/equity holders.
  • Coordination and communication with banks, external auditors, and lawyers.
  • Ensure timely and complete adherence to taxation compliance i.e. Income Tax & Sale Tax.
  • Preparation of Bank Reconciliation on a monthly basis.
  • Process and record Invoices, record journal entries and keep accurate records for all daily transactions in accounting software.
  • Process vendor invoices for payments and prepares financial documents, reconciliation of accounts Payable and Accounts Receivable.
  • Close liaison with Operation Department for recording monthly provisioning as required under
  • NBFC rules and regulations, reporting to e-CIB on a monthly basis
  • Any other work assigned by Management
  • Minimum 3 years of working experience in Account or Finance functions preferably in the NBFC/Banking Industry
  • In-depth understanding of all applicable laws including but not limited to the Companies Act, 2017, Non-Banking Finance Company Regulations and Rules, SECP Anti-Money Laundering (AML) 
  • Regulations, Income tax, and Sales tax laws
  • Analytical and data-driven with outstanding knowledge of MS Office skills particularly strong capabilities in MS Excel.
  • Strong Strategic Planning Skills.
  • Strong communication and interpersonal skills with an aptitude for building relationships with professionals across all organizational levels.
  • Able to thrive in a deadline-driven environment.

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