Accounts Officer – Payable Management

Ravi Resource Unverified

Lahore , Pakistan

Posted Nov 18, 2020 587 views Report Job

PKR. 45,000 - 70,000/Month

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Job Description

  • Should have sound knowledge of Income Tax, Sales Tax, Withholding Taxes, and related Tax Compliances.
  • Experience in handling the similar job role as defined below:
  • Preparation / Verification of Payments Summary and Net Amount Payable for each payment transaction. (Verification of Payments for Payee Tax Status, Invoice verification for Applicable Sales & Income Taxes, Applying Respective Withholding Taxes, etc).
  • Recording of Invoices and Payments in the Payables Module of the Accounting software / ERP.
  • Verification of daily payment transactions for bank reconciliations
  • Daily day end Internal reporting of payments processed.
  • Weekly reporting for Payables Balances, Outstanding Invoices, and Payable Balances.
  • Updating himself and team for changes in applicable taxes as and when notified.
  • Preparation and submission of weekly / monthly withholding payments with its payment challans.
  • Handling of Income Tax and Sales Tax FBR portals for Statutory reporting and required compliances.
  • Providing tax withholding challans to Vendors/ Suppliers on timely basis.
  • Keep up to date record of all exemption certificate and applicable underlying documents.
  • Liaoning with Vendors/ Suppliers and management of Payables Ledgers and Balances.
  • Balances reconciliations with Vendors/ Suppliers (Quarterly).
  • Handle daily volume of 25 to 50 transactions per day.
  • Ability to demonstrate strong control over area of work and in strict deadlines and with quick turnaround time for transaction processing.
  • Ability to have clear and effective communication with all stakeholders for amicably handling the job role.


Job Details

Total Positions:
1 Post
Job Shift:
First Shift (Day)
Job Type:
Job Location:
No Preference
24 - 40 Years
Minimum Education:
Career Level:
Experienced Professional
Minimum Experience:
3 Years
Apply Before:
Dec 06, 2020
Posting Date:
Nov 18, 2020
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Ravi Resource

Manufacturing · 201-300 employees - Lahore

The Ravi Group is a major multi-disciplined provider of engineering components, services and knowledge, delivering solutions to the broad equipment manufacturing sector, particularly the automotive and agricultural industries across Pakistan. Our success is driven by more than 68 years of experience ...Read More

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