Manager Statutory Reporting

We are seeking a Manager Statutory Reporting to lead the statutory financial reporting function at our Karachi office. This role is responsible for ensuring the accurate, timely, and compliant preparation and submission of quarterly and annual financial statements. The successful candidate will ensure adherence to IFRS Accounting Standards, the Companies Act, 2017, SECP regulations, Pakistan Stock Exchange requirements, and other relevant regulatory frameworks. Additionally, the role involves coordinating external audits, strengthening financial reporting controls, and driving improvements through process standardization, automation, and digital solutions.

Key Responsibilities

- Lead the preparation of quarterly and annual standalone and consolidated financial statements, ensuring accuracy and compliance with statutory deadlines.
- Ensure completeness, accuracy, and consistency of financial reports, disclosures, and supporting schedules in line with applicable reporting standards.
- Collaborate with Finance and business teams to facilitate timely submission of reporting packs, schedules, and explanations required for statutory reporting.
- Apply appropriate accounting treatments and disclosures for complex and non-routine transactions in accordance with IFRS.
- Maintain and update the Company’s IFRS disclosure checklist to ensure ongoing compliance with disclosure requirements.
- Assess new and amended IFRS standards, evaluate their impact on financial reporting, and implement necessary changes.
- Ensure consistency across financial statements, accounting records, management reports, and public disclosures.
- Comply with the Companies Act, 2017, SECP regulations, notifications, directives, circulars, and PSX financial reporting requirements.
- Coordinate financial reporting requirements related to IFRS S1 and S2, as applicable.
- Serve as the primary Finance contact for external statutory audits, overseeing audit planning, execution, and timely resolution of audit issues.
- Develop and monitor audit schedules, ensuring timely provision of reconciliations, supporting documents, and management explanations.
- Review audit adjustments and proposed accounting treatments, coordinating with stakeholders for resolution.
- Work with relevant departments to address issues raised in audit management letters and cover letters.
- Analyze recurring audit findings and recommend improvements to reporting processes and internal controls to reduce future observations.
- Oversee Material Master Operations and identify opportunities for process enhancements.
- Identify and implement improvements to increase the efficiency, accuracy, and timeliness of statutory reporting.
- Drive automation and standardization of reporting schedules, disclosure processes, audit requests, and compliance tracking.
- Promote effective use of SAP, reporting tools, and digital solutions to strengthen controls and minimize manual work.

Required Qualifications

- Bachelor’s or Master’s degree in Accounting, Finance, or a related field.
- Professional accounting qualification such as CA, ACCA, or equivalent is preferred.
- Proven experience in statutory financial reporting, financial statement preparation, and regulatory compliance.
- Strong knowledge of IFRS Accounting Standards, the Companies Act, 2017, SECP regulations, and PSX reporting requirements.
- Experience managing external statutory audits, coordinating with auditors, and resolving audit observations.
- Proficiency in SAP and MS Office, especially Excel. Experience with financial reporting automation and digital tools is advantageous.
- Familiarity with IFRS S1 and S2 reporting requirements is a plus.

Preferred Qualifications and Attributes

- Strong technical accounting expertise with meticulous attention to detail.
- Excellent understanding of statutory reporting, regulatory compliance, and financial disclosure requirements.
- Strong analytical and problem-solving skills related to financial reporting.
- Effective stakeholder management and communication skills, with the ability to coordinate across Finance, business teams, and external auditors.
- Strong planning and organizational abilities to manage multiple reporting deadlines.
- A continuous improvement mindset focused on process standardization, automation, internal controls, and reporting efficiency.

Lucky Core Industries is an equal opportunity employer. We welcome applications from all qualified individuals regardless of race, color, religion, gender, gender identity, national origin, age, disability, or any other protected status.