Financial Management

• Develop a budget in line with the approved business plan;
• Responsible for designing and managing budgetary control function;
• Develop financial policies, procedures and systems to meet company objectives;
• Develop financial KPIs to be monitored as a part of management reporting for business control and decision-making;
• Prepare budget variance analysis at regular intervals;
• Provide timely and accurate analysis of budgets, financial reports and financial trends;
• Liaison with department managers on financial issues impacting departmental and company budgets;
• Assist operations team in carrying out appraisals of investment proposals;
• Manage contractual arrangements and ensure timely payments to business partners and vendors.

Accounting & Reporting

• Maintain books of accounts and record keeping in compliance with the regulatory/accounting framework.
• Ensure compliance with policies and procedures for all transactions
• Oversee monthly/quarterly financial closing
• Maintains reporting of Fixed Assets in system (Depreciation, reconciliation)
• Oversees Payroll disbursement and incorporation of the same into the system on monthly basis
• Ensure all banks are reconciled on a monthly basis
• Supervises team in preparing budget vs actual spend reports on a monthly basis along with variance analysis
• Liaison with the tax advisors to ensure withholding tax statements and annual tax return of the company are prepared and submitted in a timely manner
• Support employees with provident fund withdrawal requests by ensuring they abide by the provident fund rules and policies
• Ensure provident fund books are being maintained in accordance with the rules and guidelines and also responsible for timely completion of the annual audit of employees’ provident fund
• Facilitate donor audits and take remedial actions when required
• Keep abreast of new accounting regulations
• Liaison with the internal and external auditors of the organization
• Ensure taxes are withheld and deposited in Government Treasury as per prevailing Tax Laws
• System Management
• Maintain a documented system of accounting policies and procedures;
• Implement and manage ERP based accounting system and have knowledge of managing ERP preferably Oracle Fusion;

Candidate Profile:
Bachelors/Master’s degree in finance and accounting OR Chartered Accountant Part Qualified OR ACCA/ACMA qualified OR related discipline from a reputable international or Pakistani institution.
Atleast 4 years of relevant experience.
Experience working with international donor agencies and financial institutions will be an added advantage.
Behavioral Skills:

• Passion for KRN Vision of financial inclusion and Corporate Values
• Self-driven individual with the ability to handle assignments with minimal supervision
• Decision-making skills, analytical skills and problem-solving skills
• Ability to interface and manage vendors
• A good team player who is able to promote the spirit of joined of working at all levels
• Ability to represent Karandaaz Pakistan in a confident, courteous and coherent manner
• Demonstrated behavior of professional and personal ethics, transparency and openness
• Creates team spirit and ensure seamless interaction among team members

Technical Skills:

• Excellent Analytical and report writing skills required
• Good command over IAS/IFRS
• Proficiency in MS. Office
• Working knowledge of finance and accounting software (Oracle Fusion, MS Dynamics)
• Advanced level understanding of Finance and Accounting concepts

Job Type: Full-time
Pay: Rs125,000.00 - Rs150,000.00 per month
Application Question(s):

• Are you comfortable working in an onsite setting (office based)?
• Do you have experience in developing and managing budgets in line with a business plan?
• Have you worked with an operations team to appraise investment proposals?
• Have you been involved in financial reporting and ensuring compliance with regulatory frameworks?
• Have you prepared budget vs. actual spending reports?
• Have you facilitated audits, including donor or internal audits, in previous roles?

Education:

• Bachelor's (Required)

Experience:

• Finance: 4 years (Required)

Language:

• English (Required)

Location:

• Rawalpindi (Required)