Finance Analyst

Report to: Finance Manager
Location: Islamabad, Pakistan
Application deadline for the position is December 22, 2021


About Us

Guided by the Karandaaz Vision, we believe 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 Non-profit organization, based in 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.

Position Summary

Karandaaz Pakistan is seeking a Finance Analyst to provide support in completing the deliverables of the team which includes the coordination of internal and cross functional financial processes and activities. The Finance Analyst is a member of the Finance Team reporting to the Finance Manager.

Key Duties and Responsibilities

The Finance Analyst is responsible for coordinating with the Finance team to deliver the below mentioned tasks on a timely basis:

  • Process all payments and ensure their accurate tax calculations and submission to Government within agreed timelines. Regular follow up with tax Consultants for seeking both direct and indirect tax opinions on payments where required
  • Monthly payment of EOBI within prescribed timeframe
  • Monthly payment of Taxes to FBR
  • Book financial transactions in FMS to ensure smooth month end and annual closing
  • Monthly reconciliation of all bank accounts
  • Monthly aging analysis of payables and receivables
  • Monthly adjustments of prepayments and advances
  • Monitor petty cash payments and resolve discrepancies
  • Quarterly reporting of Economic Affair Division in compliance with SRO 121 (Compliance with licensing conditions)
  • Reconciliation of General Ledger to Fixed Asset Register on monthly basis. Quarterly updation of fixed asset register. Calculation of depreciation of fixed assets on monthly basis
  • Prepare monthly Payroll in the accounting software and Reconciliation of Payroll to source employee data and the previous month’s payroll data
  • Monthly payment of employer and employees’ contribution to the Provident Fund account and maintenance of books of employees’ Provident Fund
  • Assist Finance Manager in monthly reporting
  • Act as a coordinator between departments for information requirement for adhoc reporting
  • Liaison with both, internal and external auditors during audit proceedings
  • Any other task assigned by the Chief Financial Officer and Manager Finance

Candidate Eligibility

  • CA (Finalist) / ACCA (Finalist) / MBA Finance / M.Com or equivalent from a reputable institute
  • At least 2 years of relevant work experience; experience of donor funded projects will be a plus
  • Knowledge of renowned Financial MIS (e.g. SAP, Oracle, Dynamics) preferred

Culture & 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 & Values and feel excited about the work we are offering, please send us your application for this position to, clearly mentioning the position title in the subject line. We will be accepting submissions till 22nd December, 2021.

Karandaaz is an Equal Opportunity Employer. Women and differently-abled individuals are encouraged to apply.

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