Accounts Payable Manager

Confidential; Islamabad; On-site; PKR 2,000,000 - 3,500,000; Full time

Job summary

Confidential is seeking an experienced Manager for Accounts Payable to lead the payables function across group entities. You will own end-to-end processes, including provident fund administration, and manage a team with a focus on accuracy, compliance, and timely settlements.

The role requires a CA or ACCA with 7–8 years of experience in payables and general accounting, strong ERP and Excel skills, and the ability to collaborate with vendors, trustees, and auditors in a multi-entity setup.

Qualifications

• Qualified CA or ACCA with relevant Pakistan experience.
• 7–8 years in accounts payable and general accounting, with supervisory exposure.
• Strong tax and regulatory knowledge with audit readiness.

Responsibilities

• Own end-to-end payables from invoice to settlement and reconciliation.
• Oversee provident fund administration and member data management.
• Lead month-end close, reporting, and internal control improvements.

Skills

Leadership

Team management

Attention to detail

Communication

Education

Chartered Accountant (CA)

ACCA

Tools

ERP system

Microsoft Excel

Job description

We are seeking an experienced Manager – Accounts Payable to strengthen our Finance & Accounts team and lead the Accounts Payable function. The successful candidate will be a qualified CA or ACCA professional with 7 – 8 years of experience across accounts payable and general accounting, including time spent leading a team. In this role, you will take full ownership of both the accounts payable and provident fund functions across the group's entities. You will bring a strong technical foundation, a meticulous eye for detail, and solid tax and compliance knowledge, together with the leadership presence to guide a team and build trusted working relationships with vendors, trustees, and auditors.

What You Will Do

1. Payables Management (Core Area)

• Take end-to-end ownership of the purchase-to-pay cycle across the group's entities, covering invoice receipt, verification, processing, payment, and reconciliation.
• Review vendor invoices to confirm accuracy, proper approvals, and complete supporting documents, matching them to purchase orders and goods/services receipts where relevant.
• Ensure invoices, debit notes, and credit notes are recorded correctly in the ERP with the right account, cost centre, and tax codes.
• Plan and review regular payment runs via bank transfer and cheque, verify beneficiary details, and route payments for approval as per the delegation of authority.
• Make sure withholding tax is deducted at source on vendor payments and that sales tax on purchases is handled correctly.
• Oversee reconciliation of vendor accounts and statements, resolve discrepancies, and manage the tracking and settlement of advances and retentions.
• Control employee expense claims, reimbursements, and petty cash in accordance with company policy.
• Track payables aging and outstanding liabilities, and contribute to cash outflow planning for payments due.
• Keep payable records well organized and audit-ready, and resolve escalated queries from vendors and internal teams.

2. Provident Fund Administration (Core Area)

• Manage and oversee the provident fund schemes of the group's entities in accordance with their trust deeds and relevant regulations.
• Handle monthly provident fund processing and ensure contributions are remitted on time.
• Maintain precise member-level records, contribution histories, and fund balances.
• Carry out and review regular reconciliations of provident fund bank and investment accounts against member ledgers and the general ledger.
• Process member settlements, withdrawals, and eligible advances upon separation or as applicable, ensuring final settlement calculations are correct.
• Work closely with trustees, HR, and payroll on contributions, approvals, and communication with members.

3. Ledger Maintenance & Period-End Close

• Contribute to the monthly close for each entity, ensuring all transactions are recorded completely and accurately.
• Review and post accruals, prepayments, provisions, and other adjusting entries related to payables and the provident fund.
• Oversee reconciliations of payables, provident fund, and associated balance sheet accounts.
• Prepare and review periodic financial reports within the required formats and deadlines.
• Reconcile reports against the books of accounts and resolve any differences prior to submission.
• Compile the supporting schedules needed for reporting, including petty cash details, expense breakdowns, and other relevant disclosures.
• Ensure report content, timelines, and formats stay accurate and in line with applicable financial and organizational requirements.
• Serve as the finance point of contact for internal stakeholders on payables, provident fund, and reporting matters.

5. Taxation & Regulatory Compliance

• Oversee the preparation of sales tax (GST) data supporting monthly filings and payments for the relevant entities.
• Ensure withholding tax is deducted accurately and on time, and support the preparation of related statements.
• Work with the tax function to ensure compliance with applicable federal and provincial requirements.
• Stay up to date with tax rule changes impacting payables, the provident fund, and reporting.

6. People Leadership & Internal Controls

• Lead, develop, and review the work of the accounts payable and provident fund team, assign workload, and build capability and backup within the function.
• Define, document, and enforce payables and provident fund policies, internal controls, and the delegation of authority.
• Champion standardization, automation, and continuous improvement across payables and fund processes for all entities.
• Support internal and external audits by supplying schedules, reconciliations, and documentation, and by closing audit observations.
• Deliver analysis and reporting on payables, cash outflows, and fund positions to senior management.
• Proven leadership, coaching, and team-building ability.
• Exceptional attention to detail with a consistently high standard of accuracy.
• Advanced proficiency in Microsoft Excel and confidence handling large volumes of data.
• Ability to handle high transaction volumes, set priorities, and consistently meet month-end and reporting deadlines.
• Strong grasp of accounting principles, the end-to-end purchase-to-pay cycle, and fund accounting.
• Excellent communication and stakeholder management skills for engaging with vendors, internal teams, trustees, and auditors.
• High integrity and discretion, with the ability to manage confidential financial and member information.
• Able to work independently as well as lead and collaborate within a team.

Professional Experience

• Essential: 7 to 8 years of progressive experience in accounts payable and general accounting, including supervisory or managerial responsibility, ideally within a multi-entity or group setup.
• Desirable: 8 – 10 years of relevant experience.

Qualifications & Knowledge

• Qualified Chartered Accountant (CA) or member of ACCA.
• Practical working knowledge of an ERP system.
• Solid understanding of Pakistan tax requirements, including income tax withholding on payments and federal and provincial sales tax on goods and services.
• Exposure to IFRS and US GAAP-based reporting.
• Hands-on experience managing a provident fund or a similar employee fund will be considered a strong advantage.