Finance Manager

Report to: Chief Executive Officer (CEO)
Location: Islamabad
Application deadline for the position is October 26, 2015


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


  • 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


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

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Non-profit company registered under Section 42 of the Companies Act, 2017