Executive Finance

Report to: Chief Financial Officer
Location: Islamabad
Application deadline for the position is November 15, 2023


About Us

Karandaaz (KRN) believes that every Pakistani deserves to be Financially Included and Economically Empowered. Our mission at Karandaaz is to foster economic growth and create jobs through financial inclusion of unbanked individuals and unserved enterprises.

Karandaaz Pakistan is a not-for-profit organization, based out of Islamabad, registered with the Securities and Exchange Commission of Pakistan under Section 42 of the Companies Act 2017. We are supported by Foreign, Commonwealth & Development Office (FCDO) and Bill and Melinda Gates Foundation (BMGF). Karandaaz is governed by an eminent board who set the strategy of the organization and steer it towards achievement of its objectives.

Job Responsibilities

  • Assist in preparation of working papers along with presentations for the Board Audit Committee Meetings
  • Prepare profitability reports on monthly basis to ensure profits credited by the banks are aligned with agreed deposit rates
  • Coordinate with other team members (Payables and Receivables) to ensure integrity of the cycle
  • Coordinate with the team on internal and external audits and other reviews etc.
  • Follow up with Tax Consultant regularly to seek both direct and indirect tax opinions on payments, where required.
  • Prepare monthly and quarterly tax reconciliation statements
  • Prepare withholding tax data for onwards submission to the FBR
  • Carry out adjustments for pre-payments and advances
  • Monitor petty cash payments and resolve discrepancies (if any)
  • Coordinate with internal functions such as Procurement, Admin and Programme teams for discussion on budget spend and reasons for variance, if any etc.
  • Prepare requisite approval narratives and documentation for securing approvals and presentations in the Audit Committee and Board meetings
  • Create reports, presentations and analyses after consolidating inputs from various teams.
  • Liaise with other team members on behalf of the CFO to ensure timely completion of tasks
  • Any other task necessary to ensure smooth operations of the Finance department

Eligibility Criteria

Education & Experience

  • Bachelors or Master’s degree in Business Administration, Project Management or related discipline from a reputable institution.
  • 0-2 years of work experience with reputable organization/s in a project coordination/program management office role

Knowledge, Skills & Abilities

  • Understanding of a not-for-profit organization
  • Strong written and verbal communication skills
  • Strong analytical ability
  • Excellent skill in MS Office Suite (Word, Excel, and PowerPoint)
  • Ability to learn and operate systems like the ERP
  • Self-starter with the discipline to execute tasks with minimum supervision
  • Problem solver with the ability to balance IQ and EQ to build collaborative working relationships with colleagues
  • Champion of change with an innovator’s mindset
  • Quick and eager learner

Culture and Values at Karandaaz

Karandaaz Culture is guided by our values of Innovation, Collaboration, Accountability, Respect and Equity (ICARE). These values shape our choices on what we do and how we do it, both with colleagues internally and partners externally. We also believe that we are all responsible for creating a great place to work and are constantly looking to hire individuals who bring the same level of passion and commitment to the purpose of the organization.

If you believe in the Karandaaz vision and values and feel excited about the work we are offering, please send us your application for this position at careers@karandaaz.com.pk clearly mentioning the position title in the subject line.

Karandaaz is an equal opportunity employer and encourages applications by all population groups

Copyrights © 2024 Karandaaz Pakistan
Non-profit company registered under Section 42 of the Companies Act, 2017