Accounts & Finance Officer

Purpose of the Role:

The Accounts & Finance Officer is responsible for managing and overseeing financial operations, ensuring compliance with financial regulations, preparing reports, and contributing to the overall financial planning and strategy of the organization. This role ensures the smooth functioning of all financial transactions, from processing invoices to maintaining financial records.

Key Responsibilities:

Financial Management & Reporting:

• Maintain accurate and up-to-date financial records, ensuring proper documentation for all transactions.
• Maintain Books of account on Accounting software (Quickbooks).
• Prepare financial statements, including balance sheets, income statements, and cash flow statements, on a monthly, quarterly, and annual basis.
• Assist in the preparation of budgets and forecasts.
• Provide financial analysis and reports for decision-making purposes.
• Ensure compliance with accounting standards and organizational policies.

 Accounts Payable & Receivable:

• Process invoices, ensuring that payments are made in a timely manner and in accordance with organizational policies.
• Monitor and manage accounts receivable, including following up on overdue payments and ensuring proper documentation.
• Reconcile accounts payable and receivable on a regular basis.

Bank Reconciliation & Cash Management:

• Reconcile bank statements with the organization’s records.
• Monitor cash flow and manage petty cash.
• Ensure accurate and timely processing of bank transfers and payments.

Tax Compliance & Auditing:

• Ensure compliance with tax regulations, including preparation and filing of tax returns.
• Assist with internal and external audits and ensure that financial records are accessible for audit purposes.
• Ensure that all financial transactions are accurately recorded and supported by relevant documentation.

Internal Controls & Compliance:

• Implement and enforce internal controls to safeguard the organization’s financial resources.
• Ensure compliance with relevant financial and regulatory policies.
• Report any discrepancies or irregularities in financial records to management.

Financial Systems & Procedures:

• Maintain financial systems and procedures to ensure efficiency and accuracy.
• Recommend improvements to accounting systems and workflows.
• Provide training and support to other staff members on financial procedures as necessary.

Qualifications:

• A degree in Accounting, Finance, Business Administration, or a related field. A professional certification e.g. CA-(CAF-Qualified with articles from prestigious firm / ACCA) is desirable.
• At least 2-3 years of experience in finance or accounting, preferably in a similar role or industry.
• Strong knowledge of accounting software (e.g., QuickBooks, SAP).

Skills:

• Strong understanding of accounting principles and financial management.
• Proficiency in financial software and MS Excel (advanced skills).
• Attention to detail and strong organizational skills.
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.

Reporting Line:

The Accounts & Finance Officer will report directly to the Chief Financial Officer (or equivalent senior role).

Location:

The position is based at Islamabad (Field visits are mandatory part of this Job)

Salary

Market Competitive Salary