Assistant Manager Accounts & Finance

KH Group is seeking a dedicated Assistant Manager for Accounts & Finance to join our Finance & Accounts department in Karachi. This role is ideal for a professional with 1 to 3 years of experience who holds a Bachelor's or Master's degree in Accounting, Finance, Commerce, Economics, or a related discipline. Candidates with ACCA, CA, CMA, or equivalent qualifications will find this position particularly suited to their skill set. The successful candidate will manage and supervise accounting functions, financial reporting, budgeting, and ensure compliance with taxation regulations. Proficiency in Microsoft Excel and a solid understanding of accounting principles are essential for success. The role involves managing a team of two, emphasizing leadership in maintaining accurate and timely financial records for diverse business units within the group. The Assistant Manager will oversee accounts payable and receivable, general ledger management, cash flow monitoring, and preparing financial statements and reports. This position requires strong analytical skills to monitor financial performance and contribute to budgeting and forecasting activities. The candidate will also coordinate audit actions and ensure that all financial operations align with statutory and company policies, fostering an environment for financial efficiency and integrity.
Responsibilities

• Manage and supervise accounting records for assigned companies and business units, including maintaining accurate transactions, ledgers, receivables, payables, and bank accounts.
• Prepare and consolidate monthly, quarterly, and annual financial statements, management accounts, and detailed financial reports, ensuring the reconciliation of general ledger, bank statements, customer, supplier, and inter-company accounts.
• Monitor and analyze the financial performance of all group companies and business units against their set budgets and targets, focusing on revenue, expenses, profitability, and working capital.
• Maintain and reconcile inter-company transactions, settlements, and balances across various group entities to ensure accurate financial integration.
• Assist in the development and management of budgets, financial forecasts, business plans, and prepare comprehensive financial models and projections to evaluate new projects and business opportunities.
• Oversee cash flow management including monitoring collections, payments, liquidity, receivables, and payables, ensuring optimal working capital across all business units.
• Coordinate with banking institutions for routine transactions and manage all related financial documentation efficiently and in compliance with policies.
• Ensure all financial activities comply with applicable accounting standards, taxation rules, and financial regulations, while coordinating the preparation and submission of related mandatory reports.
• Lead and coordinate internal and external audit processes, ensuring all necessary financial documents and records are accurately maintained and readily available.
• Develop, implement, and maintain standardized accounting, reporting, and internal control procedures across the group to enhance operational efficiency and financial accuracy.
• Provide detailed financial analyses and management reports to support strategic decision-making and identify opportunities to optimize costs and improve financial performance.
• Ensure meticulous documentation, filing, and safekeeping of all financial records to uphold data integrity and easy accessibility for audits and reviews.
• Supervise and mentor a small team of two accounting personnel, providing guidance, training, and performance management to achieve departmental objectives.