Senior Manager Finance & Accounts

Qualification Required

ê •ACCA
•ACMA
•CA
•M.Com
•MBA Finance
•Masters

Max. Age

55 years

Position Location

•Rawalpindi

No. of Positions

1

Selection Criteria

Qualification. Member of recognized body of professional accountants (ACMA, ACCA, CA etc) preferably CA or MBA / M.Com / Masters degree in other fields of Finance & Accounts.

Experience. Minimum 08 years - CA / ACCA / ACMA OR Minimum 12 years - MBA / M.Com / Masters degree in other fields of Finance & Accounts and experience in similar role or 16 years education in relevant field.

Job Expectation:

• Provide advice to Director Engineers on all the aspects of Finance and Accounts related matters.

• Ensure compliance with organization finance policies, procedures and applicable laws.

• Preparation & consolidation of NLC Engineers annual budget and variance analysis of the budget on quarterly basis.

• Preparation & consolidation of NLC Engineers Profitability and analysis of all projects on monthly basis for the higher management. 

• Quarterly analysis of revision in profit estimate and to ensure that required adjustments are recorded in ERP Oracle (R12).

• Financial Reporting of Engineering Segment as per IFRS / IAS and preparation of consolidated financial statements.

• Daily / Weekly & Monthly Monitoring of Engineers receivables / Slippage of all Project Directorate HQs / HQ Engineers for the higher management.

• Ensure timely conduct of External, Commercial and Internal audits of NLC Engineers.

• Attend Public Accounts Committee (PAC) and Departmental Accounts Committee (DAC) meetings as and when required as supporting officer.

• Issue directive of PAC / DAC meeting to all concerned as per given instructions.

• Finance monitoring / specific audit of projects, on the instructions of Director Engineers.

• Coordinate & facilitate PDs in early clearance of IPCs & payments from client.

• Process case for extension / approval of insurance (all types) of projects as per client’s demand.

• Supervise all bank accounts of HQ Engineers being maintain and to ensure recording of entries in cash books on monthly basis.

• Maintain of Revolving Fund A/C to maintain smooth flow of funds to projects against cash requisitions.

• Maintenance of Work Imprest A/C for smooth flow of funds to meet administer expenses of HQ Engineers. 

• Reconciliation of PL-1 Acct of all Project Directors and projects accounts on monthly basis.

• Ensure payments to suppliers, employees and utilities through crossed cheque after pre-audit of authorize person.

• Reconciliation of cheques after ensuring adequacy / avail of funds

• Ensure entry of payment, receipt and journal vouchers in Oracle ERP for preparation of trial balance and financial statements according to applicable accounting standards and reporting framework. 

• Reconcile Inter-company account with HQ NLC in Oracle ERP on monthly basis. 

• Reconcile Intra-company accounts with ongoing projects of HQ Engineers in Oracle ERP on monthly basis.

• Check Debit / Credit notes issued to HQ Engineers and update entry in Oracle ERP. 

• Ensure accurate record of Earnest Money / Enlistment Fee from contractors / suppliers is maintain.