Finance Manager

JOB RESPONSIBILITIES

Financial Responsibilities

• Assist the DFA in developing and updating the strategic/ business plan
• Develop a budget in line with the approved business plan
• Responsible for designing and managing budgetary control function
• Develop financial policies, procedures and systems to meet company objectives
• Develop financial KPIs to be monitored as a part of management reporting for business control and decision making
• Prepare budget variance analysis at regular intervals
• Initiate the process of opening /closing of bank accounts and change of signatories
• Provide timely and accurate analysis of budgets, financial reports and financial trends
• Liaison with department managers on financial issues impacting departmental and company budgets
• Assist operations team in carrying out appraisals of investment proposals
• Manage contractual arrangements and payments of vendors

Accounting Responsibilities

• Maintain books of accounts and record keeping in compliance with the regulatory/accounting framework. Good command over IAS/IFRS
• Ensure compliance with policies and procedures for all transactions
• Design the chart of accounts to ensure the availability of accounting information
• Oversee monthly/quarterly financial closing
• Liaison and facilitate with Tax advisors
• Facilitate donor audits and take remedial actions when required
• Prepare financial statements in compliance with the Companies Ordinance 1984
• Keep abreast of new accounting regulations

System Management

• Maintain a documented system of accounting policies and procedures
• Implement and manage ERP based accounting system and have knowledge of managing ERP
• Oversee the operations of the treasury department, including the design of an organizational structure adequate for achieving the department’s goals and objectives

Funds Management

• Forecast cash flow positions, related borrowing needs, and available funds for investment
• Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
• Use hedging to mitigate financial risks related to the interest rates on the company’s borrowings, as well as on its foreign exchange positions
• Maintain banking relationships
• Assist in determining the company’s proper capital structure
• Arrange for equity and debt financing
• Invest funds
• Recommend appropriate dividend issuances, based on historical dividend patterns and expected cash flows

JOB SPECIFICATIONS

• Education: Bachelors / Master’s degree preferably in finance, accounting, CA Finalist, ACCA / ACMA and related discipline from a reputable international or Pakistani institution.
• Experience: 6-8 years of relevant experience. Experience of working with international donor agencies and financial institutions will be an added advantage.

Behavioral Skills

• Self-driven with the ability to handle assignments with minimal supervision
• Decision-making skills, analytical skills and problem-solving skills
• Ability to interface and manage vendors
• Excellect Analytical and report writing skills required

Technical Skills

• Proficiency in MS. Office
• Knowledge of Microsoft Dynamics accounting software
• Advanced level understanding of Finance and Accounting concepts and principles

DEADLINE FOR APPLICATIONS

Interested candidates must submit their application by Monday, October 26, 2015 at hr@karandaaz.com.pk with Position title clearly mentioned in the email subject. Karandaaz Pakistan is an Equal Opportunity Employer.

BrightSpyre Link:

http://new.brightspyre.com/jobs/jid/18328