Accounts Officer - Payables

Continental Print & Pack (Pvt) Ltd

Karachi , Pakistan

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Posted 5 days ago 13 views Report Job

The role involves managing comprehensive accounting activities in close coordination with the Purchase Department. The position requires ensuring accurate financial reporting, timely reconciliation of accounts, and maintaining compliance with taxation and internal policies. The candidate will be responsible for supporting procurement-related financial processes and managing various accounting functions to facilitate smooth operations.

Key Responsibilities

- Conduct internal reconciliation of all bank accounts and vendor aging reports related to taxation and management.
- Prepare quarterly withholding income tax statements for salaries and supplies.
- Reconcile supplier balances with relevant personnel and assist the Purchase Department with related reconciliations.
- Develop and manage a weekly tax payment plan, ensuring all supplier payments are made within agreed credit terms, subject to fund availability.
- Record salary journal vouchers (JV) in SAP, ensuring accurate cost center allocation; process depreciation and other monthly recurring journal entries.
- Maintain records of prepaid expenses, including vehicle insurance, inventory, and plant and machinery insurance.
- Prepare various vouchers such as vendor payments, fixed asset acquisitions, and retirements; ensure fixed assets are tagged correctly in the master data and physically, with accurate cost centers and asset names.
- Prepare bulk supplier payments for upload through the corporate digital banking portal.
- Prepare and deposit withholding tax (WHIT) liabilities on a weekly basis.

Required Qualifications

- Bachelor’s degree in Accounting or Finance is preferred.
- Minimum of 2 years’ experience in a similar accounting role.
- Strong technical accounting skills with proficiency in accounting software.
- Excellent analytical and problem-solving abilities.
- Ability to work independently as well as collaboratively within a team.
- Strong communication and interpersonal skills.
- High attention to detail and accuracy in financial data handling.
- Ability to multitask and prioritize workload efficiently.
- Knowledge of local, state, and federal financial regulations.
- Proficiency in Microsoft Excel and SAP is preferred.

Preferred Qualifications and Benefits

- Competitive monthly salary ranging from Rs50,000 to Rs60,000.
- Work location requires in-person attendance.

This position offers an opportunity to contribute to the financial integrity and operational efficiency of the organization by ensuring accurate accounting practices and effective collaboration with the Purchase Department. Candidates with strong accounting expertise and a proactive approach will find this role rewarding.