Assistant Accountant

Shark Innovation Labs is a leading provider of back-office and outsourcing solutions, serving international clients with a strong focus on the GCC region. With a team of over 160 professionals across our offices in Karachi, Lahore, and Faisalabad, we specialize in delivering reliable, scalable, and cost-efficient services tailored to our clients’ business needs.

Our expertise in managing end-to-end business processes allows our clients to focus on growth while we handle their operational support with efficiency and professionalism.

We are Looking for Assistant Accountant for our karachi Office based at ii chundrighar Road

Key Responsibilities:

• Invoice Processing:

· Receive, review, and process incoming invoices for goods and services.

· Verify accuracy, including matching invoices with purchase orders and receiving reports.

· Ensure proper coding and allocation of expenses to appropriate cost centers or general ledger accounts.

· Resolve discrepancies and issues with invoices.

• Expense Reports:

· Review and process employee expense reports, ensuring compliance with company policies and guidelines.

· Verify receipts and supporting documentation for business-related expenses.

• Vendor Management:

· Maintain and update vendor information, including contact details, payment terms, and banking information.

· Communicate with vendors regarding invoice-related inquiries, discrepancies, and payment status.

• Payment Processing:

· Prepare and process payments through various methods (e.g., checks) in accordance with payment terms and company policies.

· Reconcile payments with bank statements.

• Month-End Reconciliation:

· Assist in month-end closing activities related to accounts payable.

· Reconcile vendor statements with the accounts payable ledger.

• Compliance and Reporting:

· Ensure compliance with company policies, as well as local and international financial regulations.

· Generate and analyze reports related to accounts payable activities.

• Vendor Relations:

· Build and maintain positive relationships with suppliers and vendors.

· Address and resolve vendor inquiries, disputes, and payment delays.

• Process Improvement:

· Identify opportunities for process improvements and automation within the accounts payable function.

· Recommend and implement best practices for efficiency and accuracy.

Requirements:

• A Bachelor's degree in Accounting, Finance, or a related field is preferred.
• 6 Month1yearPrior experience in accounts payable or a similar financial role is desirable.
• Strong proficiency in using accounting software and Microsoft Excel.

Job Type: Full-time

Pay: Rs55,000.00 - Rs60,000.00 per month

Work Location: In person