Account Manager

Hasnaat Brothers Construction Co. (Pvt) Limited (HBCC) is a reputable contracting firm specializing in civil engineering projects. The company is committed to delivering innovative and practical solutions that meet client needs while maintaining a strong project governance framework throughout the project lifecycle. HBCC acts as a trusted partner by understanding each client’s business priorities and coordinating multiple services and agencies to ensure ethical and effective project execution.

The Accounts Manager role is a full-time, on-site position based in Islamabad. This position is responsible for managing daily financial and accounting operations, including ledger maintenance, project expense tracking, and ensuring timely invoicing and payments. The role also involves preparing financial statements, supporting budgeting and forecasting activities, and ensuring compliance with accounting standards and company policies. The Accounts Manager will reconcile accounts, coordinate closely with project and procurement teams, and maintain accurate records for audits and internal reviews. Additionally, the role requires collaboration with management to provide financial insights that aid in decision-making and enhance project performance.

Key Responsibilities

Vendor Management:
- Process and reconcile vendor invoices against purchase orders, delivery notes, and contracts, resolving any discrepancies.
- Manage the accounts payable cycle by scheduling and releasing payments according to agreed terms and cash flow plans.
- Maintain vendor ledgers, obtain periodic balance confirmations, and reconcile statements.
- Liaise with procurement and site teams to ensure timely and cost-effective sourcing of materials and services.

Store & Inventory Management:
- Oversee store and stock records for construction materials across sites, ensuring accurate recording of receipts (GRNs), issuances, and returns.
- Monitor stock levels, reorder points, and material consumption against budgeted quantities (BOQ).
- Conduct and supervise periodic physical stock counts, reconcile with system records, and investigate variances.
- Implement and enforce controls over material movement, wastage, and safeguarding of inventory.
- Coordinate with site storekeepers and project managers on material planning and issuance.

Banking & Treasury Coordination:
- Coordinate with banks on daily banking operations, facilities, and documentation.
- Prepare, process, and follow up on Interim Payment Certificates (IPCs) with clients, consultants, and banks to ensure timely payment realization.
- Arrange, renew, and track bank guarantees (bid bonds, performance guarantees, advance payment, and retention guarantees) and maintain a register of expiries and margins.

Accounting & Reporting:
- Maintain accurate books of accounts and ensure timely month-end closing.
- Prepare cost reports, project-wise expense analysis, and variance reports for management review.
- Support internal and external audits by providing schedules, reconciliations, and documentation.
- Ensure compliance with applicable tax laws (income tax, sales tax, withholding tax) and statutory requirements.
- Undertake additional tasks and periodic site visits as directed by management.

Required Qualifications
- Minimum CAF (ICAP) or part-qualified ACCA / CMA; fully qualified candidates are also welcome.
- Completed articles/training from a QCR-rated audit firm is mandatory.
- Prior experience in the construction industry is essential, with exposure to project accounting, vendor/subcontractor payments, and site store management.
- Working knowledge of banking coordination, Interim Payment Certificates (IPCs), and bank guarantees (bid bonds, performance, advance payment, and retention guarantees).
- Strong proficiency in accounting software such as QuickBooks, SAP, Oracle, or ERP systems, along with advanced MS Excel skills.
- Sound understanding of internal controls, procure-to-pay processes, and inventory management.

This role offers the opportunity to work within a dynamic construction environment, contributing to projects that require strong financial oversight and collaboration across multiple teams. Candidates with a solid accounting background and construction industry experience will find this position rewarding and challenging.