Financial Reporting Deputy Manager - TJ / 1908445

Our client, Hamdard Pakistan, is seeking a highly skilled Deputy Manager - Financial Reporting to join their team in Karachi. The ideal candidate will be responsible for leading the preparation and review of financial statements in strict compliance with International Accounting Standards (IAS), International Financial Reporting Standards (IFRS), and relevant statutory requirements. This role requires a professional with extensive experience in financial reporting, general ledger management, and period-end closing activities. Proficiency in advanced Excel functions and ERP systems such as SAP or Oracle is essential to improve reporting efficiency. The successful candidate will oversee a team of five finance professionals, ensuring timely, accurate, and compliant financial disclosures while driving continuous process improvements within the finance function. Collaboration with various departments including Finance, Taxation, and Treasury is critical to maintain seamless reporting operations and resolve discrepancies effectively.

Key Responsibilities

- Prepare and review monthly, quarterly, and annual financial statements, schedules, and disclosures in accordance with IAS, IFRS, and regulatory guidelines.
- Ensure accurate application of accounting principles related to revenue recognition, leases, inventories, property, plant and equipment, provisions, financial instruments, and employee benefits.
- Coordinate all month-end and year-end closing activities, including reviewing journal entries and accruals to ensure timely and accurate finalization of financial results.
- Conduct thorough reviews of general ledger accounts, trial balances, intercompany transactions, and balance sheet reconciliations to verify accuracy and completeness.
- Develop financial analyses and variance reports to identify significant changes and potential risks, supporting management in decision-making.
- Extract and reconcile financial data from ERP systems such as SAP or Oracle, ensuring consistency between recorded transactions and reported outcomes.
- Create and maintain advanced Excel models and templates using PivotTables, lookup functions, SUMIFS, and automation tools to streamline reporting processes.
- Support internal and external audit processes by providing necessary documentation, addressing audit observations, and ensuring compliance with internal controls and statutory requirements.
- Identify and implement process improvements to enhance reporting accuracy, reduce manual interventions, strengthen controls, and accelerate close cycles.
- Lead and coordinate a team of five finance professionals, promoting collaboration with other departments to ensure timely and accurate submission of financial data and resolution of discrepancies.

Required Qualifications

- Bachelor’s degree in Accounting, Finance, or a related field; a professional accounting qualification (such as CA, ACCA, or CPA) is highly preferred.
- Extensive experience in financial reporting, general ledger management, and period-end closing within a corporate environment.
- Strong knowledge of IAS, IFRS, and applicable statutory requirements.
- Advanced proficiency in Microsoft Excel, including the use of PivotTables, lookup functions, SUMIFS, and automation techniques.
- Hands-on experience with ERP systems, preferably SAP or Oracle.
- Proven leadership skills with the ability to manage and develop a finance team.
- Excellent analytical, communication, and interpersonal skills.

Preferred Qualifications and Benefits

- Experience working in a multinational or large corporate setting.
- Exposure to process automation and financial reporting system enhancements.
- Opportunity to work with a reputable organization known for its commitment to quality and compliance.
- Collaborative work environment fostering professional growth and development.

This role offers a challenging yet rewarding opportunity to contribute to the financial integrity and operational excellence of Hamdard Pakistan. Candidates who meet the above criteria are encouraged to apply and become part of a dynamic finance team dedicated to maintaining high standards of financial reporting and compliance.