Job Description

Position: Accounts & Finance Executive

Department: Accounting

Positions Required: 1

Employment Type: Full Time

Mode of Work: Onsite

Work Days & Timings: Mon – Fri - 03:00 PM – 12:00 AM

Gender Preference: Male

Location: Karachi

- The Accounts Executive will be responsible for maintaining accurate financial records for Pakistani and US-based companies. The role involves handling daily accounting operations, payroll processing, reconciliations, statutory compliance, and supporting management reporting while ensuring accuracy and regulatory compliance.

Key Responsibilities

- Maintain accurate and up-to-date bookkeeping of daily bank and credit card transactions for Pakistani and US-based companies, ensuring proper supporting documentation.

- Perform regular bank and credit card reconciliations to ensure consistency between financial records and bank statements.

- Record and categorize revenues and expenses accurately in the accounting system and reconcile invoices with corresponding payments.

- Prepare and process vendor payments through bank transfers or cheques in accordance with company policies and approval procedures.

- Maintain detailed records of vendor advances, settlements, and applicable withholding taxes.

- Process monthly and weekly payroll for Pakistani and US companies, ensuring timely salary disbursement and accurate calculation of taxes, deductions, loans, and advances.

- Maintain employee loan and advance records and ensure accurate payroll deductions and reconciliations.

- Distribute pay slips to employees and resolve payroll-related discrepancies in a timely manner.

- Assist in preparation of withholding tax and employee income tax reports for Pakistani entities and coordinate with tax consultants for timely filing and payment of challans.

- Support statutory compliance for Pakistani companies, including documentation and submissions to relevant regulatory and social security authorities.

- Assist in compliance-related matters for US companies, including coordination with consultants and preparation of required financial documentation.

- Assist in preparation of monthly financial accounts, management reports, and financial data for group dashboards covering both Pakistani and US operations.

- Maintain accounts receivable records, aging reports, and support timely follow-up on outstanding balances.

- Liaise with banking institutions regarding remittances and routine banking matters.

- Assist in preparation of annual accounts, audits, and tax return filings by organizing and compiling financial documentation for both Pakistani and US companies.

- Provide support to the manager in routine and ad-hoc accounting and finance-related tasks as required.

Mandatory Skills

- Experience with accounting software QuickBooks Desktop & Online and/or MS Excel

- Ability to manage accounting records accurately and professionally

- Good communication and coordination skills

Education

- Bachelors degree in Accounting, Finance, or a related field

Experience Level

- 2 - 3 Years of Relevant USA Accounting experience