Accounting Analyst

Job Description

Position Title: Accounting Analyst
Location: Karachi
Reports to: Finance Manager

Position Purpose & Summary

The Accounting Analyst is responsible for timely and accurate processing of payments in line with company policies and commercial agreements. The role also includes managing petty cash, coordinating import documentation, assisting in statutory financial statements preparation, supporting monthly/quarterly/annual reporting, and providing finance-related administrative support. The position requires strong attention to detail, compliance with internal controls, and close coordination with vendors, clearing agents, and internal teams.

Principal Accountabilities

1. Payment Processing (40%)

• Process supplier/vendor invoices, ensuring accuracy and compliance with tax and company policies.
• Perform three-way matching (PO, GRN, Invoice) to ensure internal control compliance.
• Verify supplier/vendor status on tax portals and deduct applicable withholding taxes.
• Manage petty cash for office and terminal expenses, ensuring proper record-keeping.
• Prepare manual cheques and online payments via bank portals.
• Post AP-related entries into ERP (e.g., JDE).
• Process employees’ travel expense reports.

2. Reporting & Month-End Closing (30%)

• Prepare and post month-end journal vouchers including depreciation, accruals, insurance, brokerage, and prepaid adjustments.
• Extract Profit & Loss, Balance Sheet, and Trial Balance reports from ERP for management review.
• Generate FASTR/ERP reports to support decision-making.
• Maintain and reconcile monthly staff deductions, loans, and salary adjustments.
• Assist with balance sheet reconciliations and tax-related postings.

3. Taxation & Compliance (15%)

• Assist in preparation and submission of income tax and sales tax returns/statements.
• Ensure compliance with local tax laws and statutory requirements.
• Support external and internal audits by providing financial data and documentation.
• Liaise with clearing agents for import documentation and duty payments.

4. Administrative & Support Functions (15%)

• Assist with procurement-related payments and financial record updates.
• Support statutory financial statement preparation for local entities.
• Ensure accurate documentation and maintain proper audit trails.
• Coordinate with finance, admin, and operations teams for smooth workflow.

Qualifications & Experience

Required Qualifications:

• Bachelor’s degree in Accounting, Finance, or related field.
• Minimum 5+ years of AP/AR experience.
• Strong MS Excel skills (pivot tables, VLOOKUP, reconciliations).
• High attention to detail and accuracy.
• Ability to meet deadlines and manage multiple tasks.

Preferred Qualifications:

• Experience with ERP systems (JDE preferred).
• Familiarity with handling multi-currency ledgers.
• Strong knowledge of tax compliance (income tax, sales tax, withholding).
• Exposure to import-related financial processes and customs duty posting.

Key Skills & Competencies

• Accounts Payable & Receivable Management
• Financial Reporting & Reconciliations
• Tax Compliance (Income Tax, Sales Tax, Withholding)
• ERP System Knowledge (JDE, Oracle, or similar)
• Strong Communication & Vendor Management
• Attention to Detail & Problem-Solving
• Time Management & Multitasking

Job Type: Full-time

Pay: Rs200,000.00 - Rs250,000.00 per month

Work Location: In person