Posted Jul 16, 2025 95 views
A leading property development and real estate company based in Karachi is seeking a highly experienced Chief Accountant to join their finance team on a full-time basis. The ideal candidate will have a minimum of seven years of accounting and finance experience, with at least five years in a senior role within the property development sector. This position demands strong expertise in financial reporting, taxation, compliance, audit management, and cash flow monitoring. The Chief Accountant will be responsible for delivering accurate and timely financial insights to support senior leadership in strategic decision-making.
Key Responsibilities
Financial Accounting & Reporting: Prepare monthly, quarterly, and annual financial statements in accordance with IFRS. Ensure accuracy in accounts payable, accounts receivable, and general ledger operations. Conduct detailed financial analyses to aid strategic planning.
Taxation & Compliance: Ensure full compliance with local tax laws and regulatory requirements. Manage income tax, sales tax, and other statutory filings. Coordinate with external auditors and tax consultants during audit cycles to ensure smooth processes.
Cash Flow & Treasury Management: Monitor daily cash flow and oversee banking activities. Manage loan payments, reconciliations, and treasury operations. Prepare cash flow forecasts and liquidity reports to maintain financial stability.
Budgeting & Cost Control: Assist in preparing annual budgets and financial forecasts. Monitor budget variances and implement cost control measures. Ensure all financial transactions adhere to internal controls and budgetary guidelines.
Audit & Internal Controls: Lead internal and external audit processes. Strengthen internal controls and improve financial reporting procedures. Propose enhancements to increase accounting efficiency and compliance.
Team Supervision: Supervise junior accountants and finance staff. Provide training on accounting standards, software, and reporting practices. Collaborate with cross-functional teams to streamline financial operations.
Required Qualifications
Education: Bachelor’s or Master’s degree in Accounting, Finance, or a related field.
Certifications: CA, CPA, ACCA, or CMA (qualified or part-qualified) is preferred or required.
Experience: Minimum of seven years in accounting, with at least five years in a senior finance role within the property development sector.
Technical Skills: Strong knowledge of IFRS, tax laws, and regulatory compliance. Proficient in QuickBooks, SAP, or similar ERP software. Skilled in financial reporting, reconciliations, and budgeting.
Soft Skills: Excellent analytical, leadership, and communication skills. Ability to manage teams effectively, work under pressure, and meet deadlines. Strong organizational and time management capabilities.
The position is based in Karachi and requires the candidate to reliably commute or relocate before starting work. The role offers a monthly salary range of Rs100,000 to Rs150,000. This is an in-person role within a dynamic and growing property development company, providing an excellent opportunity for professionals seeking to advance their careers in the real estate finance sector.
Job Details
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