Executive (Financial Reporting) at Head Office

Pakistan Oilfields Limited; Pakistan; On-site; PKR 669,600 - 1,004,400; Full time

Job summary

A leading oil and gas company in Pakistan is seeking an experienced accounting professional. The role encompasses general accounting, preparation of financial reports, and management of POLGAS accounts. Candidates must hold a CA Inter qualification and have at least 3 years of relevant post-qualification experience. Strong familiarity with accounting frameworks in Pakistan and proficiency in Excel and Oracle are essential. The position offers a dynamic work environment with opportunities for professional growth.

Qualifications

• Minimum 3 years of relevant post-qualification experience in accounting.
• Strong command over the accounting and reporting framework applicable in Pakistan.

Responsibilities

• Post journal entries in the General Ledger (GL) modules.
• Prepare monthly accounts and financial reports for the AOC.
• Prepare and report POL accounts and consolidated accounts.
• Prepare analysis reports for the Board of Directors (BOD).
• Manage printing and publication of quarterly and annual accounts.
• Coordinate with external auditors during statutory audits.
• Maintain and monitor POLGAS accounts.
• Prepare POLGAS Profit & Loss Accounts.
• Prepare related party transactions for BOD reporting.
• Monitor staff personal balances for loans and other recoveries.

Skills

Accounting and reporting framework familiarity

Excel proficiency

Oracle proficiency

Education

CA Inter with Articleship

Job description

Experience

• CA Inter with Articleship from reputed firm.
• Minimum 03 years of relevant post qualification experience.

Skills

• Familiar of accounting and reporting framework as applicable in Pakistan and related Rules and Regulations.
• Having good command on Excel and Oracle.

Duties and Responsibilities

General Accounting & Reporting

• Post journal entries in the General Ledger (GL) modules.
• Prepare monthly accounts and other financial reports for AOC.
• Prepare and report POL accounts and consolidated accounts.
• Prepare analysis reports for the Board of Directors (BOD).
• Manage the printing and publication of quarterly and annual accounts.
• Coordinate with external auditors during statutory audits.

POLGAS Accounts Management

• Maintain and monitor POLGAS accounts.
• Prepare POLGAS Profit & Loss Accounts.

Related Party Transactions & Reconciliations

• Prepare related party transactions for BOD reporting.
• Record and review journal entries for related party transactions.
• Review payments to and receipts from associated companies.
• Review suppliers’ balances, advances to suppliers, and security deposits.
• Monitor staff personal balances for loans and other recoveries.
• Conduct monthly review of staff loans and house rent advances.
• Calculate yearly interest on loans and yearly WPPF payments.

Employee Recoveries

• Calculate and process monthly recoveries of staff loans, house rent advances, utilities, and fuel expenses.