Senior Accountant

Position Title: Senior Accountant

Reporting To: Management

Location: Lahore, Pakistan (Willing to relocate Out of Country)

Role Purpose:

The Senior Accountant is responsible for overseeing the firm’s financial records, ensuring accurate and timely financial reporting, and maintaining compliance with applicable financial regulations. The role includes end-to-end bookkeeping oversight, preparation of financial statements, management of billing and collections, account reconciliations, and support in budget planning and financial analysis.

Main Responsibilities:

Bookkeeping and Financial Records:

• Maintain accurate and up-to-date financial records
• Record all financial transactions in the accounting system (e.g, Invoices, expenses, etc)
• Reconcile bank statements and manage general ledger accounts on a scheduled basis set by the Manager

Financial Reporting:

• Prepare monthly, quarterly, and annual financial statements and submit it to the Manager for review.
• Assist with the preparation and submission of tax returns and compliance reports
• Prepare various financial statements and reports for Manager’s review. Including but not limited to:

1. Daily/monthly payment and settlement statements

2. Profit statements

3. VAT reports

4. Outstanding invoice reports

5. Accounts receivable aging reports

6. Invoice follow-up report from all departments

Billing and Collections:

• Prepare and issue client invoices, credit notes, trust request, etc.
• Track accounts receivable and assist in follow ups on overdue accounts
• Manage trust accounts and ensure compliance with legal requirements

Accounts Payable:

• Process vendor invoices and ensure timely payments
• Manage expense reports and reimbursements for both clients and employee accounts
• Reconcile accounts payable balances as scheduled by the manager

Budgeting and Forecasting:

• Assist in the preparation of annual budgets and forecasts
• Assist in monitoring the budget performance and report variances
• Assist in preparation of financial data that would help the Manager in decision making and strategic planning

Internal Controls and Compliance:

• Implement and maintain effective internal controls and support any firmwide API integration with other firmwide software related to the firms' financials
• Support external audits and provide necessary requirements of the General Authority of Zakat and Tax.

Financial Analysis:

• Conduct financial analysis to identify trends and variances to aid Manager in producing an accurate reports
• Provide insights and recommendations for financial improvements
• Assist in cost management and efficiency initiatives

Required Qualifications:

• Bachelor’s degree in Accounting, Finance or equivalent.
• 4+ year's of relevant experience

Desired Qualification:

• SOCPA
• CMA
• ACCA/ICAEW

Skills Required:

• Microsoft office suite
• The company’s accounting software/ERP
• Odoo related experience

Required Key Competencies:

• Strong Technical Skills
• Strong Attention to Details
• A familiarity with budgeting and planning
• Analytical Thinking
• Organizational Skills
• Ability to explain financial information to non-financial individual
• Integrity and Confidentiality
• Flexibility to adapt to changing financial environments and regulations.
• Ability to work well within a team and support colleagues

Job Type: Full-time

Work Location: In person