Finance Officer

Institute of Financial Markets of Pakistan

Karachi , Pakistan

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Institute of Financial Markets of Pakistan (IFMP), a well-established public sector organization licensed under Section 42 of the Companies Act 2017, is looking to hire a detail-oriented and diligent Officer Finance to join its Finance & Accounts team. This role is based at the Karachi office and involves supporting the Manager Finance in managing the daily accounting activities of the Institute. The ideal candidate will be responsible for accurately recording financial transactions, preparing vouchers and invoices, processing vendor payments and payroll inputs, and maintaining reconciliations for bank accounts, receivables, and payables.

Key Responsibilities:
- Assist in day-to-day accounting operations and ensure accurate financial record-keeping.
- Prepare and process vouchers, invoices, and payments to vendors in a timely manner.
- Manage payroll inputs and ensure proper documentation.
- Maintain bank reconciliations along with accounts receivable and payable reconciliations.
- Calculate and deposit withholding taxes in compliance with regulatory requirements.
- Collect and maintain CPRs (Computerized Payment Receipts) and maintain comprehensive tax records.
- Keep the Fixed Assets Register up to date and assist in asset tracking.
- Support the preparation of financial statements, budgets, and audit schedules.
- Coordinate with banks, tax consultants, and auditors to ensure smooth financial operations and compliance.

Required Qualifications:
- Bachelor’s degree in Commerce, Accounting, Finance, Business Administration, or a related discipline.
- One to two years of relevant experience in accounts, payroll, or taxation is preferred.
- Practical knowledge of income tax and sales tax withholding regulations applicable in Pakistan.
- Proficiency in accounting software or ERP systems along with strong MS Excel skills.

Preferred Qualifications and Benefits:
- Part-qualified status in CA, ACCA, or ICMA is considered an advantage.
- Experience working within an academic institution or similar environment will be beneficial.

This position offers an excellent opportunity to develop your finance career within a reputable public sector organization. The role demands accuracy, integrity, and the ability to work collaboratively within a team to support the Institute’s financial management and compliance functions.