We are looking for an experienced Manager – Finance & Accounting to lead the finance and accounting function for a shipping organisation's Pakistan operations. The ideal candidate will have strong expertise in financial management, P&L ownership, statutory compliance, taxation, treasury, and commercial finance within the container shipping industry. The role involves driving financial strategy, strengthening governance, managing regulatory requirements, and providing strategic financial insights to senior management while leading a high-performing finance team.
Key Responsibilities
- Lead the overall finance function and manage P&L performance, ensuring alignment with business objectives and financial targets.
- Oversee the preparation and presentation of monthly, quarterly, and annual financial statements in accordance with applicable accounting standards and group reporting requirements.
- Manage month-end and year-end closing processes, ensuring accuracy and timely financial reporting.
- Monitor financial performance against budgets and forecasts, providing variance analysis and actionable insights to senior management.
- Drive revenue assurance, margin analysis, cost optimisation, and profitability across freight, agency, and port operations.
- Lead annual budgeting, financial planning, rolling forecasts, cash flow projections, and financial modelling.
- Ensure statutory and regulatory compliance, including taxation, GST, TDS, transfer pricing, and other applicable regulatory requirements.
- Manage relationships with statutory auditors, tax auditors, internal auditors, banking partners, and regulatory authorities.
- Oversee treasury operations, banking relationships, credit facilities, foreign exchange exposure, and working capital management.
- Manage accounts receivable, accounts payable, disbursement accounts, intercompany settlements, and principal reconciliations.
- Establish and strengthen internal financial controls, SOPs, governance frameworks, and risk management processes.
- Lead, mentor, and develop the Finance & Accounting team, ensuring effective performance management and continuous improvement.
- Collaborate with Commercial, Operations, and Customer Service teams to integrate financial insights into business decisions.
- Oversee ERP systems and drive automation and digitalization of financial reporting, reconciliation, and compliance processes.
- Support ERP upgrades, business intelligence implementations, and digital finance transformation initiatives.
Key Requirements
- Minimum 10+ years of experience in finance and accounting, including at least 5 years in a managerial capacity.
- Proven experience managing the complete finance function of a business entity, including financial reporting, taxation, treasury, statutory accounts, and management reporting.
- Strong experience in the container shipping industry, preferably with a shipping line, shipping agent, or joint venture.
- Relevant professional qualification such as Chartered Accountant (CA) or Cost Accountant (CMA).
- Bachelor's degree in finance, Accounting, Commerce, or Business Administration.
- MBA in Finance or professional certifications such as ACCA, CPA, or CIMA would be an added advantage.
- Deep knowledge of statutory and regulatory frameworks, including taxation, GST, TDS, FEMA, and transfer pricing.
- Strong understanding of container shipping economics, freight revenue accounting, disbursement account management, agency fee structures, and port cost accounting.
- Proficiency in ERP platforms such as SAP FICO, Oracle Financials, or equivalent systems.
- Advanced Microsoft Excel skills, with experience in financial modelling and reporting; Power BI knowledge is desirable.
- Hands-on experience with taxation portals, regulatory filings, and XBRL submissions.
- Excellent analytical and commercial skills, with the ability to translate financial data into strategic business recommendations.
- Demonstrated ability to improve financial processes, optimize costs, and enhance profitability.
- Strong leadership, team management, stakeholder management, and communication skills.
- High integrity, accountability, and the ability to manage multiple priorities in a fast-paced shipping environment.