Accounts Manager

ACCA Careers; Lahore; On-site; PKR 2,000,000 - 2,800,000; Full time

Job summary

ACCA Careers in Lahore Head Office is seeking an Accounts Manager to supervise the accounts team and oversee entries, reconciliations, and monthly closings. You will coordinate with sales and recovery, manage receivables and payables, and ensure compliance with tax and internal controls.

The role requires a strong background in manufacturing accounting, ERP systems (Oracle), and advanced Excel skills, with 7–10 years of experience and 2–3 years in a supervisory capacity.

Qualifications

• B.Com / M.Com / BBA Finance / MBA Finance / ACCA / CA Inter or equivalent.
• Preferably 7–10 years of accounting experience, including at least 2–3 years in a supervisory/managerial role.
• Manufacturing industry experience preferred.
• Strong understanding of receivables, payables, inventory accounting, taxation, banking, reconciliations, and financial reporting.
• Experience with Oracle ERP / Oracle-based accounting systems will be preferred.
• Strong command of Microsoft Excel.

Responsibilities

• Accounts Supervision
• Supervise daily accounting entries and ensure proper posting in the ERP/accounting system.
• Review customer, supplier, bank, expense, and general ledger accounts.
• Ensure all vouchers and supporting documents are complete and properly authorized.
• Monitor month-end closing and accuracy of trial balances.
• Receivables & Dealer Accounts
• Monitor customer/dealer outstanding balances and ageing.
• Ensure receipts, credit notes, discounts, claims, and adjustments are correctly posted.
• Coordinate with Sales and Recovery teams regarding overdue accounts.
• Reconcile customer accounts and resolve differences promptly.
• Monitor credit limits and payment terms approved for customers.
• Payables & Supplier Accounts
• Supervise supplier invoice verification and payment processing.
• Ensure purchase invoices are matched with purchase orders, GRNs, and supporting documents.
• Review supplier reconciliations and outstanding payable schedules.
• Coordinate payment planning according to company priorities and cash availability.
• Banking & Cash Control
• Review daily bank and cash transactions.
• Ensure timely bank reconciliations.
• Monitor deposited cheques, PDCs, online receipts, bank charges, and financing-related entries.
• Maintain proper control over cash payments and petty cash.
• Inventory & Cost Coordination
• Coordinate with Factory, Warehouse, Purchase, and Costing teams for inventory reconciliation.
• Review stock adjustments, transfers, shortages, and unusual inventory movements.
• Ensure accounting records are aligned with physical and ERP inventory records.
• Support management in monitoring product costing and gross margins.
• Tax & Compliance Coordination
• Coordinate with the Tax Department/Consultants for sales tax, withholding tax, income tax, and other statutory requirements.
• Ensure accounting records and supporting documents required for tax filings and audits are readily available.
• Maintain proper documentation for internal and external audits.
• Financial Reporting
• Prepare and review monthly management reports.
• Provide customer ageing, supplier ageing, cash position, bank position, expenses, sales, and profitability information to management.
• Highlight unusual transactions, overdue balances, excessive expenses, and control weaknesses.
• Assist management in budgeting and financial planning.
• Team Management & Internal Controls
• Supervise Accounts Executives and other accounts staff at Lahore Head Office.
• Allocate work and ensure timely completion of daily and monthly tasks.
• Develop proper segregation of duties and accounting controls.
• Ensure no transaction is processed without appropriate approval and documentation.
• Coordinate with Factory Accounts and other departments for timely flow of information.

Skills

Accounting

Team supervision

Financial reporting

ERP systems

Analytical skills

Education

B.Com / M.Com / BBA Finance / MBA Finance / ACCA / CA Inter or equivalent

Tools

Oracle ERP

Microsoft Excel

Job description

Job Description Accounts Manager – Lahore Head Office

Department: Accounts & Finance

Location: Lahore Head Office

Reporting To: General Manager / CFO / Director Finance

Key Responsibilities

• Accounts Supervision
• Supervise daily accounting entries and ensure proper posting in the ERP/accounting system.
• Review customer, supplier, bank, expense, and general ledger accounts.
• Ensure all vouchers and supporting documents are complete and properly authorized.
• Monitor month-end closing and accuracy of trial balances.
• Receivables & Dealer Accounts
• Monitor customer/dealer outstanding balances and ageing.
• Ensure receipts, credit notes, discounts, claims, and adjustments are correctly posted.
• Coordinate with Sales and Recovery teams regarding overdue accounts.
• Reconcile customer accounts and resolve differences promptly.
• Monitor credit limits and payment terms approved for customers.
• Payables & Supplier Accounts
• Supervise supplier invoice verification and payment processing.
• Ensure purchase invoices are matched with purchase orders, GRNs, and supporting documents.
• Review supplier reconciliations and outstanding payable schedules.
• Coordinate payment planning according to company priorities and cash availability.
• Banking & Cash Control
• Review daily bank and cash transactions.
• Ensure timely bank reconciliations.
• Monitor deposited cheques, PDCs, online receipts, bank charges, and financing-related entries.
• Maintain proper control over cash payments and petty cash.
• Inventory & Cost Coordination
• Coordinate with Factory, Warehouse, Purchase, and Costing teams for inventory reconciliation.
• Review stock adjustments, transfers, shortages, and unusual inventory movements.
• Ensure accounting records are aligned with physical and ERP inventory records.
• Support management in monitoring product costing and gross margins.
• Tax & Compliance Coordination
• Coordinate with the Tax Department/Consultants for sales tax, withholding tax, income tax, and other statutory requirements.
• Ensure accounting records and supporting documents required for tax filings and audits are readily available.
• Maintain proper documentation for internal and external audits.
• Financial Reporting
• Prepare and review monthly management reports.
• Provide customer ageing, supplier ageing, cash position, bank position, expenses, sales, and profitability information to management.
• Highlight unusual transactions, overdue balances, excessive expenses, and control weaknesses.
• Assist management in budgeting and financial planning.
• Team Management & Internal Controls
• Supervise Accounts Executives and other accounts staff at Lahore Head Office.
• Allocate work and ensure timely completion of daily and monthly tasks.
• Develop proper segregation of duties and accounting controls.
• Ensure no transaction is processed without appropriate approval and documentation.
• Coordinate with Factory Accounts and other departments for timely flow of information.

Key Performance Indicators (KPIs)

• Timely monthly closing of accounts.
• Accuracy of ledgers and reconciliations.
• Customer and supplier reconciliation completion.
• Reduction in overdue customer balances.
• Timely bank reconciliation.
• Minimum unidentified/unadjusted entries.
• Proper supporting documentation for all transactions.
• Timely management reporting.
• Effective supervision of Accounts Department staff.
• Compliance with company accounting and approval procedures.

Qualification & Experience

• B.Com / M.Com / BBA Finance / MBA Finance / ACCA / CA Inter or equivalent.
• Preferably 7–10 years of accounting experience, including at least 2–3 years in a supervisory/managerial role.
• Manufacturing industry experience preferred.
• Strong understanding of receivables, payables, inventory accounting, taxation, banking, reconciliations, and financial reporting.
• Experience with Oracle ERP / Oracle-based accounting systems will be preferred.
• Strong command of Microsoft Excel.

Required Skills

• Strong accounting and analytical skills.
• Ability to supervise and control a multi-function accounts team.
• Good understanding of manufacturing and inventory accounting.
• Strong follow-up and reconciliation skills.
• Ability to identify errors, unusual transactions, and control weaknesses.
• Good communication and coordination skills.
• High level of integrity, confidentiality, and attention to detail.