Assistant Manager Finance

Pakistan MNP Database (Guarantee) Limited

Islamabad , Pakistan

Apply Now

Posted Yesterday 33 views Report Job

The Assistant Manager Finance will play a critical role in maintaining and updating the company’s books of accounts, ensuring full compliance with company policies, the Companies Ordinance, and International Accounting Standards. Reporting directly to the Head of Finance/Commercial and the Company Secretary, this position involves managing financial reporting, cash flow, working capital, taxation, and financial planning activities to support the company’s operational and strategic objectives. The role requires a detail-oriented professional capable of handling multiple financial functions while collaborating with various internal and external stakeholders.

Key Responsibilities

Accounting and Financial Reporting: Prepare and maintain accurate monthly management reporting packs, financial statements, and working papers for audits related to both the company and provident fund accounts. Conduct monthly bank reconciliations for all company and provident fund accounts.

Cash Management: Oversee the company’s cash investments and maintain regular communication with company and provident fund banks. Manage contract entries in the database and notify relevant personnel of contract expiries. Prepare, forecast, and monitor the company’s rolling cash position. Recommend strategies to optimize cash flow, expenditure, credit, and supplier management.

Working Capital Management: Supervise accounts receivable and accounts payable functions with the support of finance assistants and officers. Liaise with banks, investees, and financiers to align financial activities with the company’s objectives.

Taxation and Corporate Affairs: Ensure timely filing of corporate returns and forms with the Securities and Exchange Commission of Pakistan (SECP) in compliance with the Companies Act 2017 and related regulations. File monthly, quarterly, and annual tax statements and returns with the Federal Board of Revenue (FBR). Manage the depositing of withholding tax with tax authorities in accordance with applicable laws.

Financial Planning and Analysis: Develop and maintain robust financial models to support pricing decisions, new product launches, investment cases, and other business initiatives. Identify financial variances, conduct in-depth analysis, and present actionable insights to drive business impact. Lead the annual budgeting process, including revenue, cost, cash flow, and capital expenditure planning. Recommend corrective actions to enhance profitability, efficiency, and working capital management.

General: Maintain the finance department’s filing system and perform any additional tasks as assigned.

Required Qualifications

A bachelor’s degree in Finance, Accounting, or a related field is essential. Candidates should have a strong understanding of accounting principles, financial reporting standards, and taxation laws relevant to Pakistan. Proven experience in managing financial operations, preparing audit documentation, and handling cash and working capital management is required. Proficiency in financial modeling, budgeting, and analysis is also necessary. Strong communication skills and the ability to liaise effectively with banks, auditors, and regulatory bodies are important for success in this role.

Preferred Qualifications and Benefits

While not explicitly stated, candidates with professional certifications such as ACCA, CA, or CPA will be preferred. Experience working in a corporate finance environment with exposure to international accounting standards will be advantageous. The position is based in Islamabad, offering the opportunity to work in a dynamic and professional setting.

This role offers a challenging yet rewarding opportunity for finance professionals seeking to contribute to a company’s financial health and strategic growth.