Accountant Departmental Store

Shehwar Broast; Lahore; On-site; PKR 1,400,000 - 2,000,000; Full time

Job summary

A departmental store in Lahore is seeking an experienced accountant to manage their accounts. The role requires a strong working knowledge of accounting principles, financial reporting, and compliance. Responsibilities include preparing cheques and salaries, as well as reconciling various accounts. Benefits include accommodation, medical, and an incentive bonus.

Benefits

Accommodation

Communication allowance

Gratuity

Incentive Bonus

Leaves

Medical

Qualifications

• Strong knowledge of accounting principles like GAAP or IFRS.
• Ability to prepare financial statements such as balance sheets and income statements.
• Proficient in reconciling accounts including bank statements and inventory records.
• Skills in ensuring compliance with tax laws and preparing for audits.
• Experience in budget collaboration and variance analysis.

Responsibilities

• Handle accounts for the Departmental Store.
• Prepare daily, weekly, and monthly insurance cheques including salaries.
• Monitor financial reporting accuracy.

Skills

Accounting Principles

Financial Reporting

Reconciliation

Auditing and Compliance

Budgeting and Forecasting

Job description

Job Description

Need an expeirienced person to be handle accounts for the Departmental Store

Daily, weekly and monthly Cheques

Including Salaries

Job Specification

Accounting Principles: A strong working knowledge of accounting principles (such as GAAP or IFRS) and procedures is essential for accurate financial recording and reporting.

Financial Reporting: The ability to prepare accurate and timely financial statements, including balance sheets, income statements (P&L), and cash flow statements, is a primary duty.

Reconciliation: Proficiency in reconciling various accounts, including bank statements, general ledger accounts, accounts payable/receivable, and inventory records, to identify and resolve discrepancies.

Auditing and Compliance: Skills in internal control procedures, preparing for internal and external audits, and ensuring compliance with relevant tax laws and financial regulations (e.g., sales tax, VAT, payroll tax).

Budgeting and Forecasting: Experience in collaborating on budgets, monitoring performance against forecasts, and conducting variance analysis to provide insight to management.

Job Rewards and Benefits

• Accomodation
• Communication
• Gratuity
• Incentive Bonus
• Leaves
• Medical