Posted Dec 09, 2014
MISSION
The incumbent is responsible for all areas relating to financial reporting. This position will be responsible for developing and maintaining accounting principles, practices and procedures to ensure accurate and timely financial statements & processes.
PRIMARY RESPONSIBILITIES
Financial Planning:
- Devise Budget and monitor the expenses.
- Advise regarding cost-benefit initiatives that involve Capital
- Monitor the Company’s credit policy and report management accordingly.
Accounts Function:
- Oversees the daily accounting activities required to maintain the general ledger.
- Supervises, directs, and reviews the work of the accounting staff (including, but not limited to, cash reconciliations, Company account statement reconciliations, cheque runs, and accounts receivable transactions. fixed asset activity, payroll, accounts payable transactions, debt activity, recording of revenue and expenses, etc.).
- Maintains organized set of detailed records and files to document financial transactions.
- Resolves complex accounting issues or assists other team members in resolving financial issues.
- Reviews general ledger on a monthly basis to ensure accuracy of posting
- Coordinates monthly, quarterly, and annual closing activities.
Process Re-engineering
- Review on-going processes & advise more efficient SOP
- Train the other team members & relevant stakeholders on new processes
- Implement approved efficient system
- Implement new processes and ensure compliance.
Management Reporting
- Reporting of Profit & Loss statement.
- Produces financial reports involving the Authority’s trust accounts for monthly board meetings.
- Fortnightly report payable & receivable
- Set targets & monitor recoveries.
- Provide regular reports on risk management to Management.
- Produces quarterly and annual financial statements and ad hoc financial reports.
Internal Audit Function
- Carries out value added and risk based audits in all Functions at least once a year to verify adherence to the Company Policies.
- Reviews financial records and other reports, systems and controls maintained in all functions.
- Produces timely audit reports to auditors with recommendations aimed at strengthening the overall control environment.
- Undertakes investigations on frauds and irregularities at management requests and as follow up on regular audit finding.
Job Details
Quality Aviation
Quality Aviation, a partner of Carlson Wagonlit Travel, is the leading travel management company in Pakistan. Established in Karachi in 1995, Quality Aviation has a countrywide presence with branches in Lahore and Islamabad and has a team of over 200 professionals dedicated to servicing corporate travel needs. At Quality Aviation we provide travel management expertise to a wide range of businesses, each with a different priority. Our clients range from the finance and banking sector to the pharmaceutical industry; from telecommunications to the oil and gas sector. Carlson Wagonlit Travel is a global leader in travel business with a presence in over 150 countries, nearly 20,000 employees, and sales of USD $27.7 billion in 2012. At Quality Aviation we value skill, knowledge, creativity, enthusiasm, integrity, and commitment to service. We pride ourselves for maintaining the most talented professionals in the business and we do this by offering the opportunity to enjoy a challenging and rewarding career. Company Vision: To consistently add value to for businesses of all sizes, travel managers, business travelers, travel consultants, and the travel management industry.
What is your Competitive Advantage?
Similar Job Titles
Zohaib Ali
Marketing Manager
Digital Online Devices
Aqib Irshad
Head of HR, Training & OD
FINCA
Usman Habib
Recruitment & Training Executive
ACS Synergy (Pvt) Ltd.
Sehrish Azhar
Motivational Speaker & Blogger
Living Upbeat
Babar Ahmed Khan
Territory Sales Manager
Engro Foods
Mona Sharif
Senior Team Lead
Konext PVT. LTD
Zubair Anjum
Business Excellence Specialist
Nestle Pakistan
Ayesha Shaukat
Social Media Marketing Manager
Ivoke
Ali Aziz
CEO
Shopistan
Muzammil Baig
Digital Marketing Manager
IT Services Group
