The Accounts & Finance Manager role, based remotely in Karachi, is responsible for overseeing comprehensive accounting and finance functions. This includes managing payroll, cash flow, budgeting, financial analysis, reporting, and ensuring statutory compliance. The position supports management by delivering accurate financial insights, maintaining robust financial controls, optimizing costs, and contributing to strategic financial planning to promote financial stability and sustainable growth.
Key Responsibilities
Accounting & Financial Operations
- Oversee daily accounting activities such as Accounts Payable, Accounts Receivable, General Ledger, journal entries, and bank reconciliations.
- Ensure accurate maintenance of books and timely completion of month-end and year-end closings.
- Supervise routine accounting tasks to guarantee smooth financial operations.
- Review financial transactions for accuracy and proper documentation.
- Maintain organized and current financial records.
Payroll & Funds Management
- Manage end-to-end payroll processing, including salary calculations, deductions, disbursements, and reporting.
- Ensure payroll accuracy and timely processing in compliance with labor laws, tax regulations, and company policies.
- Monitor cash flow to maintain sufficient liquidity for operational needs.
- Oversee cash positioning, payment scheduling, and working capital management.
- Track upcoming financial obligations and ensure timely payments.
Budgeting, Cost Control & Analysis
- Prepare department-wise budgets and monitor actual performance against approved budgets.
- Conduct monthly cost analysis and identify significant variances.
- Investigate budget overruns and recommend corrective actions.
- Identify opportunities to reduce overhead and operational costs without affecting business continuity or service quality.
- Analyze business performance to detect loss-making accounts, products, services, or campaigns.
- Recommend strategies to enhance profitability and financial efficiency.
Financial Analysis & Planning
- Analyze profitability across products, services, clients, departments, and business units.
- Provide management with financial insights to support business and operational decisions.
- Assist in developing long-term financial plans aligned with organizational goals.
- Prepare scenario-based financial forecasts for expansion, investments, and cost optimization.
- Monitor financial trends and offer recommendations based on performance.
Financial Reporting & Compliance
- Prepare monthly, quarterly, and annual financial statements and management reports.
- Present Profit & Loss Statements, Balance Sheets, and Cash Flow Statements.
- Ensure compliance with statutory requirements, tax laws, accounting standards, and internal controls.
- Coordinate with auditors, tax consultants, banks, and regulatory authorities.
- Support internal and external audits and ensure timely resolution of audit findings.
- Maintain proper documentation for audit and compliance purposes.
- Present annual financial reports and key insights to management to aid decision-making.
Required Qualifications
- Bachelor’s degree in Accounting, Finance, Commerce, or related field.
- Minimum of 5 years’ experience in accounting and finance, including managing finance operations.
- Strong knowledge of accounting principles, financial reporting, budgeting, and analysis.
- Hands-on experience with payroll, cash flow management, AP/AR, general ledger, and reconciliations.
- Solid understanding of tax and statutory compliance requirements.
- Advanced proficiency in Microsoft Excel/Google Sheets and accounting/ERP software.
- Excellent analytical, problem-solving, and decision-making skills.
- High attention to detail and strong organizational abilities.
- Ability to handle confidential financial information with discretion.
- Strong communication skills, capable of presenting financial data to management.
- Ability to work independently and manage multiple priorities within deadlines.
Preferred Qualifications
- Experience in marketing agencies, BPOs, technology, or service-based organizations.
- Experience managing finances across multiple departments, clients, or business units.
- Expertise in financial forecasting, profitability analysis, and cost optimization.
- Professional accounting qualifications such as ACCA, CA, CMA, or equivalent are advantageous.
Work Location: Remote (Karachi-based only)