Senior Analyst Finance

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

Key Duties & Responsibilities

• Processing all payments of Karandaaz timely, i.e. program, non-program and operational payments, along with regular follow-up with tax consultants for seeking both direct and indirect tax opinions where required
• Post all approved vouchers (BPVs/JVs/CPs) in the Financial Management System
• Prepare monthly payroll in the accounting software, along with timely submission of all payroll-related reporting to Manager Finance
• Perform tax calculation on monthly payroll and ensure all applicable tax credits have been properly accounted for
• Ensure tax has been withheld and deposited timely in the government treasury, in accordance with prevailing tax laws
• Ensure timely submission of all quarterly and annual withholding tax statements of the company
• Follow-up with the tax advisor to ensure timely submission of tax opinions against various grants / services agreements
• Maintenance of books of accounts of employees’ provident fund, along with their updation on monthly basis
• Prepare monthly reconciliation of all bank accounts
• Assist in documentation and supporting provision to External and Internal Auditors
• Timely preparation and submission of various financial reports to Manager Finance on a monthly basis
• Ensure monthly closing of books of accounts on a timely basis to meet reporting deadlines
• Monthly profit recalculation of all bank accounts to ensure there are no discrepancies
• Timely shifting of banks’ profit from all bank accounts to Own Source Revenue account and BMGF account, along with calculation and transfer of Liquidity reserve as per updated policy
• Provide support in processing of all payments, including tax submission, along with management reporting for newly incorporated sister companies
• Any other task assigned by the Line Manager / Chief Financial Officer

 Education & Experience

• CA (Finalist) / ACCA Qualified, with at least 5 years of relevant work experience
• Must have sound knowledge of the Companies Act’ 2017, Income tax Ordinance’ 2001 and International Financial Reporting and Accounting Standards, applicable in Pakistan
• Experience of donor funded projects will be a plus
• Knowledge of reputable Financial MIS (example Oracle, Dynamics) preferred
• In depth knowledge / experience of accounting cycle
• Ability to meet targets within tight deadlines
• Should be a result-oriented individual
• Proficiency in MS Office, especially MS Excel and MS Word
• Sound judgment, flexibility, adaptability and cultural sensitivity
• A good team-player who is able to promote the spirit of joined of working at all levels
• Ability to represent Karandaaz Pakistan in a confident, courteous and coherent manner
• Demonstrated behavior of professional and personal ethics, transparency and openness
• Excellent English writing and presentation skills

Culture & Values at Krandaaz

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 careers@karandaaz.com.pk, clearly mentioning the position title in the subject line. We will be accepting submissions till 27th January, 2022.

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