A Leading IPP of Pakistan is looking for a CA Finalist / CA Inter / ACCA with article-ship experience with reputable CA firm.
RESPONSIBILITIES
Accounting
1. Preparation and regular update of accounting policies and procedures
2. Supervision of the accounts closing process
3. Accounting for Fixed Assets / Capital Work in Progress while maintaining complete and accurate records.
4. Accounting for financial liabilities including foreign debt related transaction especially under IAS-39
5. Various financial reconciliations with other departments
6. Review of bank reconciliation statements
7. Deposits/ TDR’s review
8. Payments supervision/ checking to ensure compliance with accounting procedures and financial delegation for payments
9. Performing financial analysis on continuous basis and its follow up with concerned stakeholders
Financial Reporting
10. Submission of weekly, monthly, quarterly, semi annual and annual results to shareholders on their specified reporting software in accordance with the defined timelines
11. Monitoring and reporting of actual costs against budgets and limits (tariff) approved by regulator
12. Submission of Equity Calls to shareholders in view of expected payments and its follow up
13. Preparation of Pak Rupee accounts
14. Preparation of US Dollar Accounts by using US$ as functional currency
15. Preparation and submission of quarterly and annual accounts along with the required information to the Inter-Creditor Agent (ICA)
Audits/ Certification
16. Preparation of statutory financial statements in accordance with the IFRS / local GAAP
17. Finalization of statutory audit and related deliverables including management letter
18. Preparation of Directors Report
19. Coordination with auditors for various certifications under the Finance Documents
Budget
20. Initiating the annual budget exercise while circulating the agreed assumptions, timetable, forms and guidelines to the respective departments
21. Providing the required information to the departments to facilitate the process
22. Analyzing, reviewing and finalizing the budget inputs from the department in Pak Rupees and US Dollars
23. Compiling the budget book and arranging discussions on the same
24. Finalizing the budget document and US Dollar based budget after addressing shareholders queries / comments
25. Submission of Budget to the Lenders and shareholders on their specified reporting software
26. Coordination with planning department for preparation of medium term business plan (5-10 years)
27. Conducting periodic budget reviews and revising forecast, where necessary
Taxation
28. Compliance with the Income Tax Ordinance, 2001 and rules promulgated therein
29. Preparation of annual tax returns
30. Review and filing of periodic withholding tax statements
31. Obtain various withholding tax exemption application u/s 152(5)
32. Filing of Advance Income Tax Estimate u/s 147
33. Obtain exemption u/s 148
34. Handling WPPF and WWF related matters
35. Coordination in respect of audit by the relevant income tax authorities
36. Obtaining tax opinions on various matters from the tax advisor
Sales Tax / Federal Excise
37. Compliance with Sales Tax Act, 1990, Federal Excise Act, 2005 and rules promulgated therein
38. Submission of monthly Sales Tax / Federal Excise return
39. Development of sales tax refund procedure and follow up with the tax authorities on sales tax refunds
40. Coordination in respect of Sales Tax / Federal Excise audits by the relevant authorities
Corporate
41. Coordination with Company Secretary (CS) in respect of corporate/ Board matters
42. Preparation for Board meeting and AGM/ OGM
43. Coordination with shareholders / CS on issuance of share capital
44. Ensuring accurate and timely regulatory filings through the CS
45. Responding to shareholders queries relating to corporate matters through CS
46. Analysis of regulatory requirements for management use
Accounting software
47. Develop complete understanding and achieve control over all aspects of existing Solomon accounting system
48. Assessment and implementation of ERP system
49. Serve as a complete backup of accounting system administrator in his absence
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