Senior Accounts Executive

Avanceon Middle East & South Asia; Lahore; On-site; PKR 600,000 - 1,000,000; Full time

Job summary

An established industry player is seeking a Senior Accounts Executive to ensure the accuracy of financial information. In this pivotal role, you will prepare financial statements, manage project accounting, and ensure compliance with IFRS standards. You will collaborate with project managers and the CFO, actively participating in financial discussions and decision-making. This dynamic company offers a competitive salary and a supportive environment for professional growth, making it an exciting opportunity for those passionate about finance and accounting. Join a motivated team and contribute to the success of innovative projects in a thriving industry.

Benefits

Competitive salary and benefits package

Career development opportunities

Dynamic work environment

Supportive team culture

Qualifications

• 4+ years of experience in accounting with strong IFRS knowledge.
• Professional qualification in ACCA or CA is required.

Responsibilities

• Prepare financial statements and perform revenue recognition.
• Conduct project monitoring meetings and validate financial records.

Skills

Analytical Skills

Problem-Solving

Attention to Detail

Communication Skills

Education

ACCA

CA

ACCA/CA Inter

Tools

Microsoft Office Suite

Job description

Who we are?

Avanceon is a leading multinational corporation specializing in automation, control systems integration, proprietary energy management solutions, and comprehensive support services. With a substantial market presence in key locations such as Dubai, Qatar, Saudi Arabia, and Pakistan, Avanceon has amassed 24 years of expertise in the automation industry. Evolving into a 360-degree solution provider, the company excels in automation, energy management, and service and maintenance.

Having completed numerous successful projects for major blue-chip companies over two decades, Avanceon has established a robust reputation, demonstrating its commitment to excellence. The company is actively driving Industry 4.0 solutions, smart factories and leveraging the capabilities of 14.0, IoT and predictive analytics. Avanceon ensures the seamless integration of these advanced technologies into practical applications, supported by strong structures and practices.

About the Role:

The Senior Accounts Executive plays a critical role in ensuring the accuracy and integrity of Avanceon Group's financial information. You will be responsible for a wide range of accounting tasks, including preparation of financial statements, revenue recognition, project accounting, and reconciliations. You will also actively participate in project monitoring meetings and respond to various assignments assigned by the Chief Financial Officer.

Responsibilities:

• Prepare standalone and consolidated financial statements for Avanceon Group in accordance with IFRS standards.
• Perform monthly revenue recognition based on IFRS-15 accounting principles.
• Charge project-related inventory to projects monthly based on verified delivery notes.
• Charge timesheet data to projects monthly based on confirmation from the engineering department.
• Daily validation of projects won and entered by salespeople in the Management System Group Platform (MSGP).
• Daily validation of change orders received and entered by the procurement team in MSGP.
• Conduct project monitoring meetings with project managers on a bi-monthly basis.
• Review and finalize intercompany reconciliations, petty cash entries, accruals, fixed assets, and other relevant financial records.
• Respond to and complete additional assignments as directed by the CFO.

Qualifications:

• Qualification in ACCA, CA, ACCA/CA Inter or equivalent professional qualification required.
• Minimum of 4 years of experience in a similar accounting role.
• Strong understanding of IFRS accounting standards.
• Proficient in Microsoft Office Suite (Excel, Word, PowerPoint).
• Excellent analytical and problem-solving skills.
• Strong attention to detail and accuracy.
• Ability to work independently and as part of a team.
• Excellent communication and interpersonal skills.

Benefits:

• Competitive salary and benefits package.
• Opportunity to work in a dynamic and growing company.
• Be part of a highly skilled and motivated team.
• Develop your career in a supportive and encouraging environment.